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UK- LIDL reports £10 million increase in switching expenditures.
According to Lidl, switching profits from other retailers increased by more than £10 million in the last month, to about £11 million. The bargain grocery store claims that consumers have spent a total of...
Why tech stocks will prevail as we edge closer to a recession
Maxim Manturov, Head of Investment Research at Freedom Finance Europe, discusses why tech companies could offer retail investors a safe haven as a recession looms Over the last few months, there has been increased...
Spar For You is a new food service introduced by the Colruyt Group
Colruyt Group is launching ‘Spar For You,’ a new food service that targets the retail group’s B2B clients while also fostering synergistic collaboration across the group’s many businesses. It is about a 24-hour catering...
GMG of Dubai expands its supermarket range by purchasing ‘aswaaq’ from ICD.
GMG, headquartered in Dubai and noted for being one of the world’s largest Nike partners, is expanding its grocery presence by acquiring 11 community malls and 22 supermarkets run by aswaaq LLC from Investment...
Chemours Announces at the 2023 AHR Expo Its Intention to Bring Next Generation Refrigerants to Market for Qualification in 2025
As a leader in thermal management innovation for more than 90 years, Chemours provides a roadmap for meeting today’s needs and tomorrow’s opportunities with new product development. WILMINGTON, Del.–(BUSINESS WIRE)–The Chemours Company (“Chemours”) (NYSE:...
The LuLu Group launches the ‘Australia Week’ celebration in all LuLu hypermarkets.
LuLu Group, the region’s leading retailer, launched its ‘Australia Week’ celebration to highlight the range of Australian items throughout all LuLu hypermarkets. The event, which began on Sunday, is organized in partnership with Austrade,...
Just Eat collaborates with Dia to provide grocery delivery in Spain.
Just Eat and Dia supermarket chain, have established a cooperation to deliver groceries and convenience products, beginning with around 50 locations in Madrid, Barcelona, Malaga, Seville, and Bilbao. In the next months, the agreement...
Restrictions on Gift Cards in Carrefour China
According to Carrefour China, the limits on gift cards and product shortages are mostly the result of strategic changes made by the hypermarket chain operator, which is majority owned by Chinese retail giant Suning.Com,...
Mercadona joins forces with Repsol and Iberdrola and announces a major new feature in its shops
Mercadona is predicting new changes in its establishments. The chain presided over by Juan Roig will soon incorporate a very noticeable novelty in its shops, as a result of an alliance with Repsol and...
Spain- JYSK intends to expand.
The Danish chain of homeware shops, JYSK, is growing in Valencia with a new logistics space. The company has signed an agreement to lease its ‘Panattoni Park Valencia I’ project to the Panattoni Group,...