American electric car manufacturer Tesla has unveiled its Model 3, a new type that should appeal to a larger and wider crowd. With a 30,000 euro price tag, the Model 3 is clearly cheaper than Tesla's other cars.
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Is Amazon not only planning a physical book store, but also a physical electronics store? In any case, the eCommerce giant has been experimenting with similar pop-up stores for the past two years.
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In order to get approval from the American Bureau of Competition for the merger, Dutch Ahold and Belgian Delhaize are willing to sell 83 supermarkets, which probably means its Martin's supermarket chain would disappear almost entirely.
American sports brand Nike's third quarter was excellent, but despite this good performance, its share dropped as analysts expected an even higher turnover.
American paint manufacturer Sherwin-Williams has acquired its competitor Valspar for 8.3 billion euro and together they will now become the world's largest paint company
Dick Boer wants to continue the American growth after Ahold and Delhaize merge into one company, but stated he mainly seeks additional growth in regions where the Dutch-Belgian combination already has a sizeable market share, rather than in new states.
Aldi US will open 8 stores at once on 24 March, all in the southern part of California. Aldi Süd's division will go head to head with Trader Joe's in that area, Aldi Nord's American subsidiary which has a strong presence in that part of the country.
Home Depot, America's largest DIY chain, has just published quarterly results that were better than expected, thanks to the recovering housing market and the unusual warm weather for the time of the year.
Sports brand Adidas will launch Avenue A, a women's subscription service, in the United States. Subscribers will receive a box full of clothing, shoes and accessories every quarter.
Online retailer Amazon allegedly has plans to open a chain of bookstores. Currently, it has a bookstore in its hometown of Seattle, but there is chance it may open an astonishing 400 stores all across the United States.
Starbucks has decided to no longer pursue an expansion of its tea chain, Teavana. It will even shut down or remodel 4 of the 5 current stores into Starbucks stores.
According to a report from Barclays' analysts, Lidl's planned arrival in the United States may harm Delhaize's Food Lion stores, although Delhaize may seem well-positioned to fight back.
Fast food chain McDonald's posted results for its past quarters which were better than expected. Particularly the launch of its all-day breakfast in the United States contributed a lot to the company's growth.