During the first quarter of its current fiscal year, German FMCG giant Henkel performed slightly below expectations. The glue division and care products were particularly affected by difficulties.
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Discount retailer Aldi has adjusted the pricing strategy for its domestic market: the current low fixed prices for certain products will be raised, so that promotions on A-brand products can be expanded.
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Ailing fashion manufacturer Gerry Weber will close 120 stores and cut 454 jobs in Germany. In January, the company received a suspension of debt repayment.
The German Schwarz group, parent company of Lidl and Kaufland, has shown an interest in about 100 Real stores, currently belonging to the Metro Group. There are at least five other interested parties, including fellow food retailer Edeka.
Russian discounter Torgservis wants to enter the German market via a Berlin-based subsidiary called TS Markt. Torgservis, founded in Siberia, plans to open "over 100" stores all over Germany.
Representatives from German department store groups have launched a common initiative in favour of Sunday openings. They demand a level playing field between offline and online retailers.
Similar to many other retailers joining forces in a purchase alliance, German Real and several other retailers have created the RTG Retail Trade Group.
German Schwarz Group is performing a feasibility study on Australia: not for its flagship chain Lidl, but to see whether it could possibly enter the local market with its discounter Kaufland.