Tag Archives: retail

Lloyds Business Barometer Shows UK Business Confidence Falls to 17-Month Low but Remains Above Long-Term Average

(IN BRIEF) UK business confidence fell 12 points to 41% in September, its lowest level since April 2025, according to the Lloyds Business Barometer, but remained well above the long-term average of 30%. The decline was driven mainly by an … Read the full press release →

Mutares Divests Prénatal Netherlands to CEO Jochem van Bueren as Portfolio Focus Shifts Away from Retail and Automotive

(IN BRIEF) Mutares has sold Prénatal Netherlands to CEO Jochem van Bueren in a fully financed transaction that was signed and completed simultaneously. The deal covers only the Dutch Prénatal business, an omnichannel retailer with more than 65 years of … Read the full press release →

Ericsson and FIS Collaborate to Simplify Deployment of Wallet-Led Digital Financial Services

(IN BRIEF) Ericsson and FIS are collaborating to simplify the deployment of wallet-led digital financial services by pre-integrating FIS payments and issuing capabilities into the Ericsson Fintech Platform. The planned enterprise-grade solution will combine banking, payments, ledgering, identity, compliance, cloud-native … Read the full press release →

Accenture Expands Netherlands SAP Capabilities Through Planned McCoy Acquisition

(IN BRIEF) Accenture has agreed to acquire McCoy, a Dutch SAP transformation partner for mid-market companies, with McCoy set to become part of Accenture Edge once the transaction closes. Founded in 2012 and headquartered in the Netherlands, with offices in … Read the full press release →

TÜV Rheinland and Industry Partners Launch Esports Display Experience Ecosystem Initiative

(IN BRIEF) TÜV Rheinland has launched its Native Gaming Performance Display Standard at ChinaJoy 2026, introducing a new framework for evaluating esports displays based on both technical performance and real gaming experience. The standard includes two complementary certification systems: Native … Read the full press release →

JYSK Advances Sustainability Strategy with Data-Driven Smart Store Concept Reducing Energy Use and Emissions

(IN BRIEF) JYSK has demonstrated that its Smart Store concept can significantly reduce energy consumption across its retail network, with tests showing potential savings of up to 25% per store. The initiative, tested over 18 months in countries including Denmark … Read the full press release →

Maersk Opens Large Scale Automated Logistics Hub in Singapore to Support Growing E Commerce and Regional Trade Demand

(IN BRIEF) Maersk has opened its new World Gateway II facility in Singapore, a 1.1 million square foot fully automated distribution centre that significantly expands its logistics and e-commerce capabilities in Asia Pacific. Supported by the Singapore government, the facility … Read the full press release →

From Back-Room Tactic to Strategic Cornerstone: How Pricing and Revenue Growth Management Grew Up in Europe

Pricing in Europe has moved from an operational task to a core strategic function RGM reframed growth from “selling more” to “earning more profitably” Specialist consultancies, especially Simon-Kucher, were foundational in shaping the field Data and analytics accelerated the professionalization … Read the full press release →

JYSK Advances Climate Strategy as Majority of Suppliers Commit to Science Based Targets

(IN BRIEF) JYSK has engaged all of its suppliers in setting science-based climate targets, with suppliers representing 94% of emissions committing to establish SBTi-approved reduction targets by FY28. The retailer’s supplier engagement target, validated by the Science Based Targets initiative, … Read the full press release →

From Bikes to Running Gear: Benelux and DACH Sports Retail Attracts Wave of Strategic and Private Equity Deals

The Benelux and DACH regions have seen a surge in sporting retail deals over the past 2–3 years, driven by post-pandemic shifts in fitness and outdoor activity. Private equity firms and global strategics are actively acquiring or restructuring brands across … Read the full press release →

Private equity firm Rise Point Capital backs running retailer Run2Day as new CEO Robbert Cornelissen takes helm amid expanding Dutch running market

Rise Point Capital acquired Dutch running retailer Run2Day, marking a new ownership and leadership phase. Robbert Cornelissen was appointed CEO and co-shareholder, succeeding founder Ewout Braggaar. Run2Day operates 16 stores nationwide and maintains a strong community presence through events like … Read the full press release →

Acuity Knowledge Partners expands AI capabilities with acquisition of European digital transformation firm Ascent

(IN BRIEF) Acuity Knowledge Partners has agreed to acquire Ascent, a European leader in AI-powered digital transformation services, in a deal expected to close on 30 September 2025. The acquisition will expand Acuity’s Data and Technology Services division, adding 550 … Read the full press release →

ORLEN invests in future-ready AI solutions through strategic cooperation with Google Cloud

(IN BRIEF) ORLEN has signed a strategic partnership with Google Cloud to accelerate its adoption of artificial intelligence and digital technologies, reinforcing the Group’s 2035 strategy The Energy of Tomorrow Starts Today. The cooperation will establish a modern data platform, … Read the full press release →

Nagarro and STACKIT Forge Alliance to Deliver GDPR-Compliant Sovereign Cloud Solutions for Regulated Industries

(IN BRIEF) Nagarro has entered into a strategic partnership with STACKIT, the GDPR-compliant, German-hosted cloud division of Schwarz Digits, to help organizations in retail and other regulated industries accelerate digital modernization while ensuring full European data protection compliance. The alliance … Read the full press release →

Kissflow Doubles Down on Germany as a Strategic Growth Market with New AI Features and Enterprise Focus

(IN BRIEF) Kissflow is strategically expanding into Germany—Europe’s innovation-driven manufacturing powerhouse—by offering its intuitive low-code/no-code platform that empowers both IT teams and “citizen” developers to rapidly automate workflows, digitize processes and harness real-time data. Recognizing Germany’s booming digital transformation in … Read the full press release →

REWE Group Selects RISE with SAP to Modernize IT Infrastructure and Migrate to Cloud

(IN BRIEF) REWE Group has chosen SAP’s RISE with SAP to migrate its IT infrastructure to Google Cloud and modernize processes across finance, accounting, and human resources. The transition to SAP S/4HANA Cloud will enhance REWE Group’s scalability, operational efficiency, … Read the full press release →

EY and Confluent Launch Strategic Alliance to Modernize Data Streaming Across Industries

(IN BRIEF) EY US has teamed up with Confluent to help organizations harness the power of real-time data streaming through a complete platform built on Apache Kafka®. This alliance will support clients in modernizing legacy systems, optimizing business operations, and … Read the full press release →

Strategic Business Transfer Bolsters Nagarro’s SAP CX Capabilities Across Europe and Africa

(IN BRIEF) Nagarro has transferred the business of Notion Edge France, an SAP gold partner known for its end-to-end SAP Customer Experience solutions, to expand its digital transformation offerings. The transfer bolsters Nagarro’s capabilities in providing customized CX solutions for … Read the full press release →

EBRD Venture Capital Leads $44 Million Investment Round for Polish Robotics Firm Nomagic

(IN BRIEF) EBRD Venture Capital has led a $44 million Series B investment round for Nomagic, a Polish robotics company specializing in autonomous systems for logistics and e-commerce. The funding will support the company’s product development and expand its market … Read the full press release →

Bertelsmann Expands U.S. E-Commerce Footprint with Strategic Acquisitions of Carbel and United Customs Services

(IN BRIEF) Bertelsmann has expanded its presence in the U.S. by acquiring Carbel LLC and United Customs Services through its subsidiary Arvato, marking a significant step into the growing e-commerce services market for fashion, beauty, and lifestyle industries. The acquisitions, … Read the full press release →

University of Glasgow Develops Sustainable Chipless Tags to Revolutionize RFID Technology and Reduce Electronic Waste

(IN BRIEF) Researchers from the University of Glasgow have developed a new type of wireless, chipless electronic tag designed to replace traditional single-use RFID tags. Using inexpensive materials like PDMS and carbon fibers, the tags can monitor temperatures and transmit … Read the full press release →

Nike Unveils Transformed Glasgow Flagship Store with GRAHAM Interior Fit-Out’s Expertise

(IN BRIEF) Nike’s flagship store on Buchanan Street, Glasgow, has reopened after a six-month transformation led by GRAHAM Interior Fit-Out. The revamped 1,275 m² space highlights sport performance and lifestyle products, introduces the Nike by You customization experience, and features … Read the full press release →

Credit Conditions Improve in CESEE as Banks Show Optimism Amid Economic Uncertainties

(IN BRIEF) The CESEE Bank Lending Survey by the European Investment Bank (EIB) reveals a recovery in credit demand and supply across Central Eastern and South-Eastern Europe, driven by increased consumer confidence and improved lending conditions, particularly for SMEs. Retail … Read the full press release →

NEXT Partners with Zalando’s ZEOS to Streamline Online Fulfilment Across Europe

(IN BRIEF) British fashion retailer NEXT has partnered with ZEOS, Zalando’s B2B unit, to manage its direct-to-consumer online orders across most of continental Europe starting in Q4 2025. This collaboration extends their existing relationship, with ZEOS handling NEXT’s own webshop … Read the full press release →

Dr. Nadja Grabenströer to Lead Otto Group Logistics as New CEO, Succeeding Eva Witte

(IN BRIEF) Dr. Nadja Grabenströer will be appointed CEO of Otto Group Logistics GmbH, operating under the SupplyX brand, effective December 1, 2024. She succeeds Eva Witte, who contributed significantly to the establishment of SupplyX while serving as Chief Financial … Read the full press release →

EBRD Champions AI Innovation in E-Commerce with €6 Million Investment in Estonian Firm Miros

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has led a €6 million pre-series A investment round in the Estonian company Miros, marking its first venture capital investment in Estonia. This funding, which also involves Tera Ventures and … Read the full press release →

EBRD Funds A101’s Green and Inclusive Growth with $200 Million Sustainability Loan

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a $200 million loan to Turkish retailer A101 to support its sustainability efforts. The loan will help A101 reduce energy consumption, install solar panels, and expand its store … Read the full press release →

ABN AMRO Report Highlights Biodiversity Crisis Linked to Production of Trainers, Sofas, and Smartphones

(IN BRIEF) A recent report by ABN AMRO reveals the significant impact of consumer goods production—specifically trainers, sofas, and smartphones—on global biodiversity, resulting in the destruction of wildlife habitats equivalent to nearly two-thirds the size of the Netherlands annually. The … Read the full press release →

SUEZ Invests in Purple Alternative Surface to Scale Up Plastic Recycling for Sustainable Paving Solutions

(IN BRIEF) SUEZ has made a strategic investment in French start-up Purple Alternative Surface, aiming to expand its production of permeable paving solutions made from non-recycled plastic waste. With SUEZ’s support, Purple will increase its production capacity to 200,000 m² … Read the full press release →

Austrian Retailer BILLA Lends a Hand to Ukrainian Children with Free Meals

(IN BRIEF) Austrian retailer BILLA provided free packed lunches to 44 Ukrainian children from Kharkiv and Odessa during their holiday in Austria, organized by Österreichische Kinderfreunde in collaboration with the Ukrainian Embassy. The children, who spent time in Carinthia and … Read the full press release →

Marel Unifies Retail, Food Service Solutions, and Fish Divisions Under New Leadership

(IN BRIEF) Marel has unified its Retail and Food Service Solutions (RFS) and Fish divisions under the leadership of Jesper Hjortshoj to streamline operations and enhance customer value. Jesper, who has been with Marel for 18 years, will also continue … Read the full press release →

Experian Forecasts £600M Sales Surge for UK Retail and Hospitality During August Bank Holiday, Weather-Dependent Boost Possible

(IN BRIEF) The August bank holiday is expected to bring a significant boost to the UK’s retail and hospitality sectors, with a forecasted 15% increase in sales, contributing an additional £600 million to the economy. This uplift is based on … Read the full press release →

EBRD and Partners Invest €10 Million to Fuel Expansion of Romanian Retailer La Cocos

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), along with private equity firms CEECAT Capital and Morphosis Capital, has made a significant investment in the Romanian discount food retailer La Cocos. The €10 million equity investment will help … Read the full press release →

Sainsbury’s Enhances Shopping Experience with NCR Voyix Technology Partnership

(IN BRIEF) Sainsbury’s has partnered with NCR Voyix in a seven-year agreement to enhance its shopping experience and support its business strategy. The partnership involves upgrading 22,500 checkouts with advanced NCR Voyix technology, including AI-powered self-checkout systems and real-time analytics. … Read the full press release →

TotalEnergies and Casino Extend 20-Year Partnership to Supply Over 1,000 French Service Stations

(IN BRIEF) TotalEnergies and Casino Group have renewed their 20-year strategic partnership to supply over 1,000 service stations in France, effective October 1, 2024, for five years. The agreement involves Casino providing food products and essential items to TotalEnergies stations, … Read the full press release →

TAKKT Reports Resilience Amidst Challenging Economic Conditions

(IN BRIEF) TAKKT has strengthened its resilience in the first half of 2024 by increasing its gross profit margin to 40.5% and streamlining cost structures, resulting in a slight increase in free cash flow to €25.6 million. Despite a 17.7% … Read the full press release →

Ingka Investments Partners with Extell on Landmark Fifth Avenue Development

(IN BRIEF) Ingka Investments, the investment arm of Ingka Group, has announced a significant partnership with Extell Development Company to invest in 570 Fifth Avenue, a new mixed-use office and retail tower in New York City. This strategic move marks … 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 →

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 →

Deutsche Telekom, ServiceNow, and Cisco Unveil Future-Ready Retail Solutions at EuroCIS Trade Fair

(IN BRIEF) Deutsche Telekom, along with partners ServiceNow and Cisco, will showcase innovative retail solutions at the EuroCIS trade fair in Düsseldorf. These solutions, including “Instore Task Management” and “Law Monitoring,” aim to streamline operations and ensure compliance with evolving … Read the full press release →