Nederland

Canadian retailer Hudson's Bay Company has seen its sales and gross operating profit shrink in the third quarter of 2019. On the bright side, the company has reached a settlement with a Dutch landlord regarding its intended withdrawal from the Netherlands.

The Dutch branch of the Hudson's Bay department store chain has requested deferment of payment. It is unclear whether the stores will remain open until the intended date, 31 December.

After just four years, the British white goods retailer AO is to discontinue its Dutch online shop. On the European mainland, the company wants to focus exclusively on Germany - and even that now seems uncertain.

Unilever delivered solid results in its third quarter, although the FMCG manufacturer fell slightly below analysts' expectations. Emerging markets remain the growth driver par excellence, despite the fact that the Sino-American trade war caused a slowdown in Asia.

Dutch textile discounter Zeeman is going to close several dozens of stores in the Netherlands over the coming years. Growth will therefore have to come from e-commerce and new stores abroad, especially in Southern Europe.

Tony's Chocolonely has incurred substantial losses this year, as a result of heavy investments in foreign expansion. This is explained in an interview by RTL Z with the man at the top, Henk Jan Beltman.

The Ikea store in Eindhoven is testing the consequences of not letting people pay in cash any more. If successful, the test may be expanded to other Dutch stores too.