Category Archives: Retail

Retail Press Releases & News distributed via EuropaWire

Melodies of Milan: IKEA’s “1st” Exhibition Unites Music and Design

(IN BRIEF) During Milan Design Week, IKEA’s “1st” exhibition at Padiglione Visconti becomes a haven for the city’s music scene, celebrating individual journeys towards independence through the fusion of music and design. Featuring nightly performances from various artists like Lorenzo … Read the full press release

Ahold Delhaize Repurchased 200,000 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize has disclosed its repurchase of 200,000 common shares between March 25, 2024, and March 28, 2024, at an average price of €27.45 per share, totaling €5.5 million. This buyback is part of the company’s €1 billion … Read the full press release

Adyen Partners with Riverty to Introduce 14-Day Invoice Buy Now, Pay Later Solution

(IN BRIEF) Adyen collaborates with Riverty, a part of the Bertelsmann Group, to offer merchants in the DACH region a new 14-day invoice Buy Now, Pay Later (BNPL) payment method seamlessly integrated into Adyen’s fintech platform. This partnership aims to … Read the full press release

Hachette Livre Partners with Gallmeister, Expanding Distribution Reach

(IN BRIEF) Hachette Livre announces a strategic partnership with Gallmeister, an esteemed independent publisher known for its commitment to quality literature worldwide. As part of the collaboration, Hachette Livre will acquire a minority stake in Sequoia, Gallmeister’s distribution arm, and … Read the full press release

GfK Consumer Climate Report: German Sentiment Improves Slowly

(IN BRIEF) The latest GfK Consumer Climate Report reveals a gradual improvement in consumer sentiment in Germany, with slight increases in economic expectations and income optimism. However, the willingness to buy remains low despite rising income, reflecting persistent consumer uncertainty … Read the full press release

March 26, 2024: Ahold Delhaize Repurchased 255,145 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize announces the repurchase of 255,145 common shares between March 18 and March 22, 2024, at an average price of €27.18 per share, totaling €6.9 million. This transaction is part of the €1 billion share buyback program … Read the full press release

Nomagic Secures €8 Million EIB Loan to Boost Robotic Automation Solutions

(IN BRIEF) Nomagic, a leading developer of intelligent robotics for e-commerce and retail warehouses, has secured an €8 million loan from the European Investment Bank (EIB) to enhance its research and development (R&D) efforts. The loan, supported by the European … Read the full press release

Kuehne+Nagel Unveils Cutting-Edge Fashion Hub in Piscataway, NJ

(IN BRIEF) In a strategic move, Kuehne+Nagel, a global logistics giant, has revealed plans for a state-of-the-art contract logistics fulfillment center in Piscataway, New Jersey. Spanning 100,000 sq. ft., this facility, positioned near the company’s existing luxury retail fulfillment center, … Read the full press release

Kingfisher Expands Marketplace to Castorama France, Enhancing Home Improvement Offerings

(IN BRIEF) Kingfisher announces the launch of a home improvement e-commerce marketplace at Castorama France, marking another milestone in its marketplace expansion strategy. With over 500,000 new products from third-party merchants, Castorama customers will enjoy a sevenfold increase in product … Read the full press release

Otto Group Validates Ambitious Climate Targets, Aims for 42% Reduction by 2031

(IN BRIEF) The Otto Group announces its bold climate targets aiming to reduce greenhouse gas emissions by 42% by 2031 compared to 2021, validated by the Science Based Targets Initiative (SBTi). Setting a precedent in the industry, the Group integrates … Read the full press release

Ahold Delhaize Repurchased 704,412 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize announces the repurchase of 704,412 common shares between March 11, 2024, and March 15, 2024, as part of its €1 billion share buyback program initiated on November 8, 2023. The shares were bought at an average … Read the full press release

Louis Vuitton Launches ‘Louis Vuitton [Extended]’ Podcast Series, Offering Exclusive Insights into Maison’s Creative World

(IN BRIEF) Louis Vuitton has debuted its inaugural podcast series, “Louis Vuitton [Extended],” hosted by journalist and fashion documentary filmmaker Loïc Prigent. This bi-monthly podcast delves into the heart of Louis Vuitton’s creative process, sharing behind-the-scenes stories of iconic events … Read the full press release

Kering Nominates Three New Independent Directors to Board

(IN BRIEF) Kering’s Board of Directors proposes the appointment of three new independent directors, Rachel Duan, Giovanna Melandri, and Dominique D’Hinnin, at the upcoming Annual General Meeting. Rachel Duan brings extensive experience from General Electric, focusing on the Asian market … Read the full press release

Adyen’s Innovation and Vision Highlighted in Forrester’s Merchant Payment Providers Assessment

(IN BRIEF) Adyen, a leading global financial technology platform, has been recognized in The Forrester Wave™ Merchant Payment Providers, Q1 2024 report. Adyen received the highest score in six categories, including vision and innovation. Praised for its seamless payment solutions … Read the full press release

Ahold Delhaize Sets Ambitious Greenhouse Gas Emission Targets Aligned with 1.5ºC Trajectory

(IN BRIEF) Ahold Delhaize, along with its local brands, has established Greenhouse Gas (GHG) emission reduction targets aligned with the 1.5ºC trajectory, following the Science Based Targets initiative (SBTi). These targets aim to reduce carbon emissions across operations and the … Read the full press release

Relay by Lagardère Travel Retail Marks Exceptional Year with Global Expansion and Renewed Partnerships

(IN BRIEF) In 2023, Relay, the iconic brand by Lagardère Travel Retail, showcased its commitment to enhancing travelers’ experiences worldwide with a redefined brand signature and strategic partnerships. Renewed collaborations with Group ADP and SNCF in France highlighted Relay’s agility … Read the full press release

Ahold Delhaize Releases 2023 Annual Report: Demonstrates Resilience and Commitment to Sustainability

(IN BRIEF) Ahold Delhaize unveils its 2023 Annual Report, highlighting its financial and non-financial performance amidst challenging circumstances. The report underscores the company’s dedication to creating value for customers and communities while advancing towards a healthier and sustainable food system. … Read the full press release

150 Years Strong: Brenntag Reflects on Milestones and Achievements

(IN BRIEF) Brenntag, the global leader in chemicals and ingredients distribution, is commemorating its 150th anniversary in 2024. Originating as an egg wholesale business in Berlin in 1874, Brenntag has evolved into a DAX-listed company with a worldwide presence. Throughout … Read the full press release

Sainsbury’s Launches Dedicated ‘Best of British’ Page to Spotlight Locally Sourced Products Online

(IN BRIEF) Sainsbury’s, the UK’s largest supermarket chain, has introduced a dedicated ‘Best of British’ page on its groceries website, showcasing over 450 100% British-sourced grocery items. This initiative aims to make it easier for customers to find and purchase … Read the full press release

EBRD Provides €6 Million Loan to KAM for Expansion and Green Initiatives in North Macedonia

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a €6 million loan agreement with KAM, a leading food retailer in North Macedonia, aimed at supporting the company’s expansion plans and green initiatives. KAM intends to utilize … Read the full press release