(IN BRIEF) Casino Group has initiated exclusive negotiations with Auchan Retail France and Rocca to sell its subsidiary Codim 2, which operates various retail formats in Corsica. Codim 2, comprising hypermarkets, supermarkets, cash & carries, and drive-throughs, achieved a turnover … Read the full press release
Posted in Business, Financial, France, Industrial, Investment, Management, News, Retail
Tagged acquisition, Auchan, Casino Group, Codim 2, Corsican Retail, partnership, sustainability
(IN BRIEF) Repsol and Amazon have launched a pioneering returns service in Spain, leveraging Repsol’s extensive service station network. Over 700 Repsol stations already offer customers the convenience of returning Amazon purchases without labels or boxes, with plans for further … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Retail, Spain
Tagged Amazon, Convenient Returns, Jorge Escuín, partnership, Repsol, Spain, sustainability
(IN BRIEF) In a touching initiative, IKEA UK and Woodgreen partner to produce ‘Cat-alogue’ and ‘Dog-alogue’ lookbooks featuring shelter pets amidst IKEA’s new UTSÅDD pet furniture range, aiming to raise awareness about pet adoption and provide inspiration for creating comfortable … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Retail, United Kingdom
Tagged Aid Shelter Pets, Fiona Cooke, IKEA UK, Michaela Quinlan, partnership, sustainability, Woodgreen
(IN BRIEF) Lagardère SA has strengthened its management structure with the appointment of Mr. Grégoire Castaing as Assistant Managing Director responsible for Finance, effective June 3, 2024. With extensive experience in financial leadership roles, including at Canal+ Group, Castaing will … Read the full press release
(IN BRIEF) As part of the ongoing ‘Keep good things going’ campaign, IKEA Retail countries like Belgium, France, and Sweden are converting their store car parks into flea markets to encourage customers to extend the lifespan of their products. The … Read the full press release
Posted in Belgium, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Retail, Sweden
Tagged Belgium, Car Parks, Flea Markets, France, IKEA Stores, Ingka, Johanna Nordell, Karen Pflug, Nathalie Van Edom, partnership, sustainability, Sweden
(IN BRIEF) HUGO BOSS introduces HUGO BOSS XP, a groundbreaking omnichannel membership program designed to revolutionize customer engagement and loyalty. Leveraging innovative technologies, including blockchain-supported elements, the program seamlessly integrates traditional loyalty features with Web3 functionalities like NFTs. With a … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Germany, Industrial, Investment, Management, Marketing, News, Retail, Technology
Tagged Customer Loyalty Program, HUGO BOSS, HUGO BOSS XP, Oliver Timm
(IN BRIEF) PUMA introduces the ULTRA 5, a groundbreaking football boot set to revolutionize speed and performance on the pitch. Engineered with insights from motorsport and collaborations with Formula One teams, the ULTRA 5 features a SPEEDSYSTEM carbon outsole and … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Germany, Industrial, Management, Marketing, News, Retail, Sports, Technology
Tagged Dominique Gathier, football, PUMA, Romain Girard, sports, ULTRA 5
(IN BRIEF) TAKKT AG’s 25th Shareholders’ Meeting, held virtually, saw unanimous approval of agenda items including a dividend payout of EUR 1.00 per share. CEO Maria Zesch outlined strategic progress, emphasizing resilience and future growth targets. Departing Supervisory Board members … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Retail
Tagged appointment, Florian Funck, Hubertus Mühlhäuser, leadership, Maria Zesch, Stefan Räbsamen, TAKKT AG, Thomas Schmidt
(IN BRIEF) PUMA and Borussia Dortmund have launched the 2024/25 Home kit, paying homage to the club’s rich heritage while incorporating modern design elements. The classic Black & Yellow kit features a sleek pinstripe flair, symbolizing Dortmund’s enduring legacy and … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Retail, Sports
Tagged 2024/25 Home Kit, Borussia Dortmund, Carsten Cramer, Marco Mueller, partnership, PUMA, sports, sustainability
(IN BRIEF) Manchester City and PUMA have revealed the new Home kit for the 2024/2025 season, incorporating elements that pay homage to Manchester’s cultural identity. The sky-blue kit features subtle threads of “0161,” representing the city’s dialing code and its … Read the full press release
(IN BRIEF) Zalando, Europe’s leading fashion and lifestyle e-commerce platform, is restructuring its management board to align with its updated strategy focusing on two growth vectors: Business-to-Consumer (B2C) and Business-to-Business (B2B). Co-founder David Schneider transitions to a dedicated role focusing … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Germany, Industrial, Internet & Online, Investment, Management, News, Retail, Technology
Tagged appointment, Astrid Arndt, David Schneider, David Schröder, Dr. Sandra Dembeck, E-Commerce, Ecosystem Strategy, leadership, Robert Gentz, sustainability, Zalando
(IN BRIEF) Currys plc has teamed up with Accenture and Microsoft to overhaul its technology infrastructure using advanced AI solutions provided by Microsoft’s Azure OpenAI Service. This strategic move will not only simplify and secure Currys’ tech environment but also … Read the full press release
Posted in Artificial Intelligence (AI), Business, Internet & Online, Retail, Technology, United Kingdom
Tagged Accenture, AI, AI technologies, Alex Baldock, Avanade, Azure OpenAI Service, cloud technology infrastructure, Currys plc, Julie Sweet, Microsoft, Microsoft AI technologies, omnichannel retailer, Ralph Haupter, technology products and services
(IN BRIEF) Chicken breast meat, preferred for its health benefits and versatility, dominates markets in North America, Europe, and Oceania, with its popularity on the rise due to its ease of preparation and adaptability in various dishes. As consumer preferences … Read the full press release
Posted in Business, Food & Beverage, Iceland, Industrial, Management, Marketing, News, Retail, Technology
Tagged Chicken Breast Meat, global markets, Growing Dominance, Marel
(IN BRIEF) Lidl announces a new partnership with BILD Group, introducing BILDplus as a premium offer for users of the Lidl Plus app in Germany. Customers reaching a certain monthly shopping volume through Lidl Plus will receive complimentary access to … Read the full press release
Posted in Business, Entertainment, Financial, Germany, Industrial, Investment, Management, Marketing, Media, News, Retail, Technology
Tagged Axel Springer, BILD Group, BILDplus, Claudius Senst, Jan Bock, Lidl, Lidl Plus App Users, partnership, Schwarz Group
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering micro, small, and medium-sized businesses in Uzbekistan by providing a financial package of up to US$ 20 million to Ipak Yuli Bank. This includes a US$ 10 million … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Retail, Small Business, United Kingdom
Tagged EBRD, Financial, Ipak Yuli Bank, partnership, small business, sustainability, Uzbekistan, Youth Entrepreneurship
(IN BRIEF) Ahold Delhaize, a major retail company, has repurchased 1,238,807 of its common shares between April 22, 2024, and April 26, 2024, as part of its ongoing €1 billion share buyback program announced in November 2023. The shares were … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(IN BRIEF) Ahold Delhaize has announced the full allocation of proceeds from its inaugural Green Bond to investments in Green Projects aimed at reducing the company’s greenhouse gas emissions and climate impact. The €500 million raised last year has been … Read the full press release
(IN BRIEF) Ingka Group, the leading IKEA retailer, is embarking on an ambitious expansion journey by opening new IKEA stores and customer meeting points in various locations worldwide. In Switzerland, a modern IKEA store opened in Riddes, featuring innovative sustainability … Read the full press release
Posted in Business, Netherlands, Retail, Switzerland
Tagged CHINA, Cindy Andersen, IKEA retailer, IKEA store, IKEA Xi’an Yanta, Ingka Group, Livat meeting place, Riddes, Switzerland, Tolga Öncu, Xi’an
(IN BRIEF) As excitement mounts for Taylor Swift’s long-awaited UK tour, fans have fallen prey to a surge in concert ticket scams, with fraudsters exploiting social media platforms to target eager concert-goers. Analysis by Lloyds Bank reveals a concerning trend, … Read the full press release
Posted in Banks, Business, Entertainment, Financial, Industrial, Internet & Online, Investment, Management, Marketing, Media, News, Retail, Security & Safety, Technology, United Kingdom
Tagged Liz Ziegler, Lloyds Bank, SECURITY, social media, Taylor Swift Fans, Ticket Scams, UK Tour
(IN BRIEF) Unilever introduces Wonder Wash, a groundbreaking laundry detergent under its Dirt Is Good brand, designed to excel even in short 15-minute cycles. Leveraging robotics and AI, Unilever has developed a science-backed solution to address evolving laundry needs, catering … Read the full press release
(IN BRIEF) Ahold Delhaize, a global retail giant, introduces NextCo, an advisory board to the Executive Committee (ExCo), aiming to incorporate the perspectives of the next generation into strategic decision-making processes. Comprised of six Millennial leaders from key countries where … Read the full press release
(IN BRIEF) Kering and the Festival de Cannes are set to bestow the prestigious 2024 Women In Motion Award upon Dame Donna Langley, Chairman of NBCUniversal Studio Group and Chief Content Officer, during an official dinner in Cannes. Langley’s illustrious … Read the full press release
Posted in Apparel, Fashion & Beauty, Awards, Business, Entertainment, France, Industrial, Management, Media, News, Retail, Society
Tagged 2024 Women In Motion Award, Awards, Donna Langley, Festival de Cannes, François-Henri Pinault, Geena Davis, Gong Li, Inclusion, Iris Knobloch, Isabelle Huppert, Jane Fonda, Kering, leadership, Michelle Yeoh, partnership, Patty Jenkins, Salma Hayek, Susan Sarandon, Thierry Frémaux, Viola Davis, women's empowerment
(IN BRIEF) PUMA collaborates with the Mercedes-AMG PETRONAS F1 Team to introduce the Crews Go Summer Collection, seamlessly blending the team’s iconic identity with casual streetwear silhouettes. Each piece in the collection, from hoodies to shorts and shirts, exudes track … Read the full press release
Posted in Apparel, Fashion & Beauty, Automotive, Business, Entertainment, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, Marketing, News, Retail, Sports
Tagged Crews Go Summer Collection, Mercedes-AMG, partnership, PETRONAS F1 Team, PUMA, sports, sustainability
(IN BRIEF) Bulgari unveils Bulgari Studio, a groundbreaking platform fostering co-creation and innovation, particularly focusing on reimagining iconic pieces like the B.zero1 ring and introducing new creations like the Bulgari Roma bag and Bulgari Bulgari watches. This initiative marks a … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, France, Government, Industrial, Infrastructure & Utilities, Management, News, Retail
Tagged Bulgari, Bulgari Studio, fashion, Hub of Creative, Luxury, LVMH, partnership
(IN BRIEF) Ahold Delhaize announces the repurchase of 900,000 common shares between April 8 and April 12, 2024, as part of its €1 billion share buyback program initiated in November 2023. With shares bought at an average price of €26.94 … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(IN BRIEF) After seven years as Chair of the Board, Andrew Cosslett will step down from Kingfisher plc’s Board of Directors at the conclusion of the Company’s AGM on June 20, 2024. Claudia Arney, an Independent Non-Executive Director since November … Read the full press release
Posted in Business, Industrial, Management, News, Retail, United Kingdom
Tagged Andrew Cosslett, appointment, Catherine Bradley CBE, Chairman, Claudia Arney, Kingfisher plc, leadership, Rakhi Goss-Custard
(IN BRIEF) Citycon Oyj’s Board of Directors has approved the launch of a new stock option plan and restricted share unit plan aimed at the Chief Executive Officer, aiming to enhance alignment between shareholder objectives and CEO incentives while bolstering … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, News, Real Estate, Retail
Tagged CEO Objectives, Citycon, Financial, Incentive Plans, investment, Shareholder Value
(IN BRIEF) Citycon introduces Spotlight, a dynamic suite of flexible solutions designed to enhance retailer visibility in its Nordic region centres, catering to the evolving retail landscape. Spotlight extends beyond traditional leasing, offering retailers prime exposure in high-traffic areas through … Read the full press release
Posted in Business, Finland, Industrial, Management, News, Real Estate, Retail, Technology
Tagged Citycon, Jussi Vyyryläinen, Nordic Centres, retailers, Spotlight Solutions
(IN BRIEF) PUMA unveils its first worldwide brand campaign in a decade, titled “FOREVER. FASTER. – See The Game Like We Do,” aiming to solidify its position as the fastest sports brand globally. Rooted in PUMA’s DNA, the campaign celebrates … Read the full press release
Posted in Business, Financial, France, Industrial, Investment, Management, Marketing, News, Retail, Sports, Technology
Tagged "FOREVER FASTER" Campaign, Arne Freundt, basketball, Breanna Stewart, football, handball, Karsten Warholm, Mondo Duplantis, Neymar Jr, PUMA, Richard Teyssier, Rudolf Dassler, running, sports
(IN BRIEF) Adyen, in collaboration with Cebr, has unveiled concerning statistics indicating a staggering $429 billion loss to payments fraud in the retail sector in 2023. The report exposes an average loss of $2.98 million per enterprise, with luxury fashion … Read the full press release
Posted in Business, Financial, Government, Industrial, Internet & Online, Investment, Management, Netherlands, News, Retail, Security & Safety, Technology
Tagged Adyen, Cebr, partnership, Prevention Strategies, Retail Fraud Losses, Roelant Prins, SECURITY
(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
Posted in Apparel, Fashion & Beauty, Business, Entertainment, Financial, Industrial, Investment, Italy, Management, Media, Netherlands, News, Retail
Tagged "1st" Exhibition, Akeem, Burro studio, Ciao! Discoteca Italiana, design, IKEA, Ingka, Lorenzo Senni, Marcus Engman, Melodies of Milan, Milan Design Week, music, Padiglione Visconti, SLIPMODE
(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
Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(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
Posted in Banks, Business, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, Netherlands, News, Retail, Technology
Tagged 14-Day Invoice, Adyen, Bertelsmann Group, buy now, Hella Fuhrmann, Netherland, partnership, Pay Later Solution, Riverty, Walter Drieenhuizen
(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
Posted in Business, Education, Financial, France, Industrial, Investment, Management, News, Retail, Travel
Tagged Gallmeister, Hachette Livre, Lagardère, partnership, publishing
(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
Posted in Business, Commodities, Economy, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News, Retail
Tagged Consumer Climate Report, economy, Financial, Germany, GfK, investment, Nuremberg Institute for Market Decisions (NIM), Rolf Bürkl
(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
Posted in Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(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
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Electronics & Machinery, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Retail, Technology
Tagged EIB, Marek Cygan, Nomagic, Nomagic React.AI, partnership, Poland, robotic automation solutions, Teresa Czerwinska
(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
(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
Posted in Business, Environment, Financial, Industrial, Internet & Online, Investment, Management, Marketing, News, Retail, Technology, United Kingdom
Tagged Castorama France, eCommerce, home improvement, Kingfisher, Marc Vicente, marketplace, Mirakl, partnership, retail, sustainability
(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
Posted in Business, Environment, Germany, Industrial, Management, News, Retail
Tagged Alexander Birken, climate targets, Otto Group, Prof Dr Tobias Wollermann, sustainability
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