Perfumery chain Douglas is reportedly planning to close 500 of its 2,400 European stores. The German retailer had previously announced it would be taking a critical look at its store network.
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Wildberries, Russia's largest online retailer, has just launched in Germany. The company is also looking to expand into other European countries.
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Berthold Albrecht's heirs were dismissed by a German administrative court. As a result, they seem to be losing their grip on Aldi Nord and may have to repay tens of millions in the future.
Hundreds of workers have laid off work on six Amazon sites in Germany. The action would last until Christmas Eve. In the meantime, the e-commerce company continues to guarantee the delivery of parcels.
(Update) Germany will be back in lockdown from Wednesday, with closed stores, schools and cultural institutions. The Netherlands are following this example starting midnight. What is Belgium doing?
German trade union Verdi is currently taking action at seven distribution centres of e-commerce company Amazon. It is no coincidence that the strike takes place during the Black Friday bargain festival.
Online platform About You is experimenting with the sale of second-hand clothing: the Zalando competitor offers around 30,000 second-hand items in its German web shop.
The largest Aldi in the world opens in the German Ruhr area. The XXL shop covers an area of around 2,000 square metres, twice as large as the average.
In Germany, a reduction in VAT leads to an unseen price war, with rivals Aldi and Lidl using comparative advertising to claim price leadership.
Even Zalando is suffering from the corona crisis: although the fashion webshop still expects a double-digit growth, its expectations are now much lower than at the beginning of the year.
Mere, a hard-discounter from Russia, opens its third store in Germany and wants to expand further into Europe. The economic crisis caused by the coronavirus is an opportunity for the low-budget retailer.
Adidas has seen its profits evaporate in its first quarter, plummeting by 97 %. Turnover fell by 19 %, but a drop twice as big is expected for the second quarter.
Outdoor chain McTrek, owned by the AS Adventure Group, has filed for judicial reorganisation in Germany. A curator is investigating to what extent the retailer can be saved through restructuring.
Galeria Karstadt Kaufhof has applied for creditor protection. The department store group has set in motion the German insolvency procedure, as Esprit did earlier.
Esprit has requested, and obtained, protection against creditors for its German branch. The fashion retailer is particularly concerned about liquidity problems, as sales have plummeted as a result of the corona crisis.
German department store chain Galeria Karstadt Kaufhof is on the brink of collapse and is asking the German authorities for state aid in the form of emergency loans. So far, however, it has not had that much success.