Retail Detail
H&M terminates Monki chain
H&M Group has announced it will terminate its Monki chain. Almost all of its shops will close, the few others will be turned into Weekday stores. The two brands will also merge online.
Read MoreLidl gives self-scanning another go
Lidl is going to equip three Belgian branches with self-scanning checkouts before the end of this year. The discounter also seeks to implement a self-scanning solution throughout Europe.
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De Bijenkorf seeks new CEO after just six months
After less than six months, Matthijs Visch, De Bijenkorf’s newly appointed CEO, is stepping down. “In the interests of both De Bijenkorf and himself”, the chain of department stores must once again look for a manager.
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Ahold Delhaize gets green light for Profi acquisition in Romania
Romania’s competition watchdog approves Ahold Delhaize’s planned acquisition of local supermarket chain Profi. The retailer now expects to finalise the acquisition quickly.
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New Country Manager for Dutch Amazon branch
On New Year’s Day, Eva Faict will add the title of Country Manager Netherlands for Amazon to that of Country Manager Belgium, where she helped launch the platform in 2022.
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“Belgian food industry suffers from procurement policy supermarkets”
Supermarket chains are increasingly buying from abroad, reducing the proportion of Belgian products in shops. The combination of price pressure and rising costs weighs heavily on the food industry’s profitability, its sector federation warns.
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Colruyt trials expansion to India
Belgian retailer Colruyt Group has made a remarkable move in its international expansion. In an effort to get to know the huge Indian market, it has started selling products of its private label “Boni Selection” on local online platforms.
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Dutch branch The Body Shop partially saved
Ten Dutch The Body Shop stores are already certain to stay open, and perhaps more branches will be saved, following the chain’s bankruptcy. In Belgium, on the other hand, the cosmetics chain has completely disappeared.
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This was the RetailDetail Night 2024
The twelfth RetailDetail Night was, again, a splendid and festive end to a turbulent year in retail. These were the highlights.
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Unilever denies cutting all food brands
While CEO Hein Schumacher wants to reduce Unilever‘s “eclectic” food brand portfolio, he stresses that “food will remain an integral part of Unilever”.
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European non-food retail: balancing recovery and innovation
Growth rates in non-food retail are stabilizing, but the road to recovery remains uneven. McKinsey and EuroCommerce surveyed both retailers and consumers, identifying six core strategies for the future.
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“Last chance” for Benetton: 500 stores to close
Benetton Group has announced a thorough recovery plan that should help the ailing brand to get back into profitability by 2026, but that come at the cost of closing 500 shops – mainly in Italy.
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Online fashion sale peaks as Shein and Temu increase popularity
Almost half of Belgians have ordered fashion items online, nearly equalling the record heights set during the Covid-19 pandemic. The increasing popularity of Chinese webshops like Shein and Temu is no stranger to this.
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MediaMarkt and Saturn start retail media offensive
MediaMarkt is expanding retail media to its physical shops. Along with its sister chain Saturn, the electronics retailer wants to attract advertisers with in-store ads.
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Albert Heijn ends 2024 with 81 Belgian stores
Albert Heijn has opened a new supermarket in Emblem, near Antwerp. It is the 81st Belgian branch for the retailer, who opened just five new supermarkets in the country this year.
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Aldi opens second compact city store in Brussels
Aldi is planning a second store in Brussels that follows its compact city store concept. The opening is part of the discounter’s offensive in the “important region” it calls Brussels.
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Unilever is cutting off The Vegetarian Butcher
Unilever is putting The Vegetarian Butcher up for sale, in a process of a major clean-up that also includes offloading the ice cream branch (including Ben & Jerry’s and Magnum) and smaller brands (including Dutch classics Unox and Conimex).
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Jysk reaches milestones in Belgium and The Netherlands
Jysk has reached several new milestones: in Belgium, annual sales exceeded 100 million euros for the first time, while Dutch sales went over 200 million euros for the first time. The Danish chain also managed to improve its operating profit.
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‘Disrupted supply chain becomes the new norm’
As many as 88% of European brand manufacturers experienced problems with sourcing, supply or production in 2024. 73% passed on rising costs to their retail customers.
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Heineken plans brewery in Emirates
Dutch brewery giant Heineken is going to build a large plant in the United Arab Emirates, planning to produce brands like Amstel, Heineken, Kingfisher and Birra Moretti from three years’ time.
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