EconomyBusiness
Colruyt Shares Fall Nearly 10% After Profit Warning
Colruyt shares dropped nearly 10% after the Belgian retailer issued a profit warning, citing rising costs and eroding market share.
—5 min read
Tag
#Retail
24 articles
BusinessRetail
Cracker Barrel to Upgrade Chicken, Burger, Steak Dinners
Cracker Barrel will upgrade its chicken, hamburger and steak dinners as the chain completes a 26-store sale-leaseback and repays debt.
—7 min read
TechnologySociety
Belgium's First AI Camera Supermarket Catches Shoplifters
A Carrefour in Antwerp became Belgium's first supermarket to deploy AI cameras against shoplifting. A reporter tested the system and was caught.
—5 min read
BusinessBelgium
Colruyt Links Gym Savings to Grocery Discounts
Colruyt Group launches Move & Save, a family gym-and-grocery subscription linking Jims fitness clubs to fruit and vegetable discounts via Xtra.
—4 min read
Economy
China's Consumption Push: Frontline Provinces Show the Way
Frontline reporting shows how Hunan, Fujian, and Shandong drive China's consumption expansion through night economies, first stores, and county innovation.
—7 min read
Economy
Tianjin's Five-Year Push as Consumption Hub
Tianjin marks five years as an international consumption center city with 2,200+ first stores, new consumption scenes, and growing global appeal.
—6 min read
Business & Economy
Walmart Posts Slowest Sales Growth in Six Years
Walmart reports slowest US sales growth in six years as gas prices and inflation squeeze consumers, sending shares down 9%.
—5 min read
Business
Belgian Shops Can Now Open 7 Days a Week as Closing Day Ends
Belgium abolishes mandatory weekly closing day for retailers, allowing shops to open 7 days a week until 21:00. Small independents voice concerns.
—5 min read
Economy & Trade
China's Tax Refund 2.0 Fuels Foreign Shopping Boom
China's Tax Refund 2.0 policy drives record spending by international visitors, with refund sales projected to exceed 100 billion yuan in 2026.
—6 min read
Business
Clothing brands woo Gen Z with needle and thread
From Levi's to Uniqlo, clothing brands are offering repair services and sewing workshops to win over Gen Z shoppers seeking sustainability and savings.
—7 min read
Business & Economy
Belgian Retail Stores Can Open 7 Days a Week from Aug 13
Belgian retail stores can now open 7 days a week from August 13. New law removes mandatory closing day and extends hours to 21h00.
—5 min read
Economy
'Treat Yourself' Economy: Americans Choose Small Luxuries
Americans are carving out room for small luxuries despite economic pressures, fueling a 'treat yourself' economy with record movie attendance.
—4 min read
Business
Aldi Ends Price Blurring Experiment After Just Months
Aldi Belgium reverses its controversial price blurring for fresh promotions after three months, citing customer demand for advance price visibility.
—4 min read
BusinessBelgium
Colruyt Closes 2 Okay Direct Stores in Ghent, Eyes Brussels
Colruyt Group closes two unstaffed Okay Direct stores in Ghent, plans new co-located branch in Etterbeek, Brussels, in retail strategy shift.
—4 min read
EconomyBusiness
Colos Opens Belgium's Largest DIY Store in Machelen
Colos, sister chain of Hubo, opens Belgium's largest DIY store in Machelen with 20,000 m² of space, low prices, and plans for 10-15 locations.
—4 min read
Economy & Business
China Unveils 20-Point Plan to Revitalize Retail Sector
Nine Chinese government departments jointly issue 20 measures to modernize retail, boost consumer confidence, and curb destructive online price wars.
—5 min read
BusinessRetail
Sephora Opens First Belgian Store in Brussels Amid Criticism
Sephora opens its first Belgian store in Brussels to long queues, but faces criticism over marketing and an Italian antitrust probe.
—4 min read
EconomyBusiness
Colruyt Loses Market Share but Refuses Sunday Openings
Colruyt loses market share to Sunday-opening rivals. CEO Stefan Goethaert explains why the chain won't open Sundays without labor cost reform.
—4 min read
EconomyBusiness
Cotti Coffee Arrives in Belgium with €1 Coffee Cups
Chinese coffee chain Cotti Coffee launches in Belgium with €0.99 cups, opening six stores. The aggressive pricing threatens Starbucks and Costa Coffee.
—5 min read
Labor & EmploymentEconomy
Belgian Labour Authority Rules ALDI Sunday Hours Illegal
Belgium's FOD Employment rules ALDI may only let staff work until noon on Sundays, rejecting plans for afternoon opening and clarifying retail labour law.
—4 min read
EconomyRetail
Colruyt Expands Fresh Bread Rollout in Supermarket War
Colruyt expands fresh bake-off bakery to ten more Belgian stores, marking a strategic shift in the supermarket wars for bread customers.
—4 min read
Economy
Zeeman Closing 150 Stores Across Europe, Spares Belgium
Dutch discount retailer Zeeman is closing up to 150 stores across Europe by 2028, but its 270 Belgian stores remain unaffected.
—4 min read
EconomyBusiness
Target Sales Surge, Schlitz Ends, Teen Jobs Hit Record Low
Target posts biggest sales jump in 4 years, Schlitz beer ends after 177 years, and teen summer jobs hit record lows in a complex U.S. economy.
—5 min read
Economy & Business
Intermarché Closes Belgian Stores After Mestdagh Merger
Intermarché is closing stores in Wallonia and Brussels after its Mestdagh acquisition doubled its network too quickly, causing financial distress.
—4 min read