Tag: retail trade
German consumers are saving on fruit and vegetables
As of: February 7, 2024 8:59 a.m According to the fruit trade association, consumers are buying fruit and vegetables less often – which is apparently due to the increased prices.…
Edeka and Netto are selling Mars, Chappi and Uncle Ben’s rice again
As of: February 6, 2024 4:02 p.m The US food company Mars and the supermarket chain Edeka have ended their dispute over price increases. Numerous products will soon be back…
Consumption German retail with a weak start to the year – Economy
The start of the new year did not leave German retailers optimistic. In January they reported both a deterioration in the current business situation and clouded expectations, as the Munich…
German retailers are rising up against the AfD and right-wing extremism – economy
Yes, there is this one well-known exception: Theo Müller, 84, boss and founder of the Müller-Milch group of companies, based in Luxembourg, which includes well-known brands such as Weihenstephan, Landliebe…
Retail in Germany: Questionable as to whether things will get better in 2024 – Economy
2023 was difficult, 2024 may not be any better or at least a little better. Retailers in Germany have to prepare for another year with many challenges and uncertainties. Stefan…
Surprising change in boss at H&M – Economy
The Swedish fashion group H&M surprisingly gets a new boss. Daniel Erver will take over the role from Helena Helmersson with immediate effect, the company announced on Wednesday. The 42-year-old…
“True Cost” campaign: Penny sells more expensive goods than expected
As of: January 23, 2024 4:54 p.m During its “True Costs” campaign, the discounter Penny sold some products for almost twice the price – and lost less sales than expected.…
Bundesbank is campaigning for cash
As of: January 17, 2024 1:49 p.m In retail, payments are increasingly being made electronically or by card. At the same time, cash has some advantages. The Bundesbank now wants…
Australia: Culture clash over the inflatable kangaroo – politics
Peter Dutton probably won’t be shopping at Australia’s largest supermarket chain any time soon. “I think people should boycott Woolworths,” said the leader of the opposition Liberals on the high-reach…
Retail trade: "In ten years the old town will be more humane"
What does the bankruptcy of Galeria Kaufhof mean for the future of the department stores and the entire city center? City planner Christian Hörmann sees great opportunities – if the…