IGD: private label grows 52% faster than brands in Europe
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El Corte Inglés accelerates international growth of its subsidiary chain, Sfera
Sfera, the fashion chain owned by the Spanish department store group El Corte Inglés, opened 28 stores outside Spain last year, expanding the chain’s international retail network…
Boots £7bn buyout talks hit standstill
The Canadian branch of the family lowered its offer after the economic outlook worsened
InPost option added to Urban Outfitters checkout
InPost, s partnering with fashion retailerUrban Outfitters to offer InPost Lockers and Shops as a delivery option at checkout. The post InPost option added to Urban Outfitters…
The number of complaints about fraudulent online stores continues to rise in Belgium
The number of scams involving fake online stores continues to rise in Belgium. Last year, the Federal Public Service for the Economy recorded an average of 23 complaints from…
German Consumer Sentiment Falls In August After Brief Recovery - HDE
Consumer sentiment in Germany declined in August as renewed tensions in the Middle East clouded consumer sentiment, HDE said.
Data: Private labels growing faster than brands
Private label continues to outperform brands in Europe as shoppers have shifted to retailer-owned products for quality rather than price, according to the latest research from…
Consumers value club stores for quality, monetary savings
Although club stores face competition from mass merchandisers and grocery chains, experts note that club memberships foster loyalty as consumers turn to the channel for quality…
Amazon Prime Day details elusive as AWS takes centerstage
The company’s Q2 online store net sales grew 15%, but Amazon has pared back the public release of details on how the major sales event fared.
King Kullen to be acquired by fellow Long Island grocery chain
Giunta’s Meat Farms, a fellow family-owned supermarket company, is buying the storied grocer for an unspecified amount.
European Commission accuses Temu of obstruction during raid
The European Commission accuses Temu of failing to cooperate sufficiently during an unannounced inspection at its European headquarters in Dublin. The Chinese platform disputes…
Puma limits loss, while revenue decline accelerates
At Puma, the operating loss was cut in half in the second quarter, despite a further decline in sales. The German sporting goods manufacturer expects a gradual recovery in the…