The long-standing family dispute at Aldi Nord is over. The discounter announced on Tuesday that the quarreling family lines of the group of companies had reached an agreement with the participation of the family foundations to settle the long-standing differences of opinion and legal disputes between them. This is intended to put an end to the struggle for power in the company that has been smoldering for years.The background to the legal dispute between the families is the complicated ownership...
Not only the employees, but also the taxpayers are among the big losers of the department store disaster. But where is the processing of the scandal? source site
The Federal Chancellor is traveling through Latin America for four days to make new friends and deepen old ones. The talks revolve around raw materials, energy and the faltering Mercosur agreement.from Christopher Gurk, Buenos AiresWhen Olaf Scholz landed in Buenos Aires on Saturday afternoon just before 6 p.m. local time, that was a small success in itself. The German Chancellor traveled to the Argentine capital for the last time in 2018. At that time, however, there was a serious breakdown...
High inflation and a general mood of crisis have brought Bavaria's retail trade a bad year: in 2022, sales grew by almost five percent nominally, but after adjusting for inflation they fell by more than three percent in real terms. This was announced by the State Statistical Office in Fürth on Thursday.This reflects an obvious reluctance to buy on the part of customers. However, this does not apply to all branches of retailing to the same extent: Supermarkets and online...
The world of online retail has even speculated about the return of Amazon founder Jeff Bezos in recent weeks. It's hard to imagine a clearer sign of just how badly e-commerce is being shaken up. The reason: the stock market value of the mail-order company has halved within a year, while the number of layoffs has shot up to 18,000. Only the return of the Messiah will help, right?On the other hand, Amazon almost has to be thankful. The rapid...
Despite the months-long fuss about working conditions at the Gorillas express delivery service, Germany has become one of the leading countries in so-called quick commerce in Europe. According to a study by the strategy consultancy Oliver Wyman, the services that deliver groceries ordered via an app within half an hour are here to stay. This is all the more remarkable as Germans are considered to be particularly price-sensitive when shopping for groceries, but the prices for delivery services are higher...
Rewe ends the cooperation with Payback at the end of 2024. A Rewe spokeswoman said the retail group and the customer loyalty program had extended their cooperation by another two years. After that, however, the group will “go its own way and/or go its own way”. Previously had the food newspaper reported about it. Rewe has been cooperating with the widespread points collection system in the supermarket business since 2014, and the discounter Penny, which belongs to the Rewe Group,...
from Lea Hampel and Silvia LiebrichA tour of the supermarket is enough. The label "climate-neutral" is emblazoned on the "green-eared bunny" gummy bears from Katjes, and on the lid of some Hipp baby porridge, such as "ham noodles with tomatoes and carrots", it even says "climate-positive". And at Edeka, the goods end up in a paper bag that also has the word “climate neutral” emblazoned on it. Anyone who goes shopping today gets the impression: melting glaciers, rising sea levels,...
How VW should be brought to "China Speed". Ralf Brandstätter has been in charge of Volkswagen in China for five months. The political situation is tricky, but Brandstätter sees two reasons why the carmaker has to stay there.By Max Haegler and Florian Mueller source site
Not long ago, the big retail groups still showed themselves to be poverty fighters. Now they want nothing more to do with it, even though prices are rising rapidly. They see the state as having an obligation. Is that reprehensible?from Michael KläsgenFrom today's perspective, these are remarkable sentences that the food companies published about their social responsibility. They are only three years old, the world was different then: no Corona, no Ukraine war, no 20 percent inflation in food. But,...
