It appears that even discount chains such as Action are feeling the impact of the economic uncertainty that has prevailed ...

German discounter Lidl is appointing new CEOs for a number of countries, including Belgium, Hungary and Romania. The reshuffle is the result of the reorganisation at Lidl’s headquarters earlier this ...

Ceconomy (the group that owns MediaMarkt and Saturn) says 2024 is surpassing its expectations. In the first half of the financial year, sales grew by 5 %. Ceconomy is raising its expectations for this ...

The French shoe brand Minelli is throwing in the towel. The chain has announced that all its stores will close on 30 May.

Carrefour announces that it has entered into exclusive negotiations with Pavăl Holding with a view to selling all of its activities in Romania. The transaction is part of the strategic review that the ...

Chinese tech giant Alibaba has far exceeded its planned investments in artificial intelligence (AI). "Profit margins are ...

In the first half of its split fiscal year, Ceconomy, the parent company of MediaMarkt and Saturn, achieved a significant ...

Are people getting tired of subscriptions like HelloFresh meal kits and Lookfantastic beauty boxes? And what does that mean ...

Uniqlo’s top executive in the Benelux region is moving to Germany and Poland. She will be succeeded by the Japanese clothing ...

The Spanish fashion chain Mango has signed Hailey Bieber as the new face of its 2026 summer campaign. The campaign, titled “ ...

Net profit is down by more than 50%, yet everyone is pleased with JD.com’s quarterly results. The Chinese e-commerce giant is ...

In a changing world, retailers need a payment partner that combines stability and trust with added value—a partner that can ...