American toy store chain FAO Schwarz has opened its first European store in the Selfridges department store on London's famous Oxford Street. The former subsidiary of Toys ‘R’ Us has renewed its commitment to international expansion.
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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.
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Swedish furniture giant Ikea is looking to acquire shopping centres in the United Kingdom as part of an expansion plan. This way, the retail chain wants to benefit from lower retail property prices.
British investment company Permira wants to sell its footwear brand Dr. Martens. The label has had an excellent year and the holding company now wants to cash in on that.
Online beer platform Beerwulf.com is starting a trial with beer subscriptions in the United Kingdom. At a later date, the trials will be expanded to other European countries as well.
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.
Since yesterday, a London branch of Marks & Spencer has been selling a variety of fresh herbs, all of which are grown on site in vertical agricultural units. The plan is for six other stores to follow suit this year.
Swedish fashion chain H&M is on a mission to demand contracts with variable rents, which can go up or down depending on the store's turnover. However, the chain wants to deduct returns in that store, angering real estate owners.
British retailers angrily responds to Boris Johnson's promise that there would be no shortage of food after a no deal brexit. They point out that they can not indefinitely stockpile supplies every time a deadline day gets near.
Meal box delivery company Deliveroo has seen its Belgian turnover go up 16 % last year, to 16.8 million euros, and hopes to reach profitability in the next few years.
British carpet store chain Carpetright has moved 45 million euros worth of debt from banks to its major shareholder Meditor.
The four largest supermarket chains in the United Kingdom have lost a part of their market share in the last few months - again. The main winners are discounters Lidl and Aldi... and Ocado.
Tesco, the biggest British supermarket chain, has called for the reform of 'business rates' (a commercial real estate tax) and suggested the introduction of an online tax - which it would have to pay itself as well.
Belgian restructuring specialist Stefaan Vansteenkiste is promoted to CEO at Debenhams, in an attempt to save the British department store chain from bankruptcy.
Changes in shopping behaviour in its customers force British market leader Tesco to cut 4,500 jobs in 153 proximity stores that carry the Tesco Metro banner. The size of these stores is somewhere in between that of hypermarkets and that of Express stores.
Nine out of ten start-ups in e-commerce fail within 120 days. Poor online visibility and low demand turn out to be the main issues.