It is tradition: between Christmas and New Year we look back on the retail year. Which articles on RetailDetail.eu were most read in the past 12 months? This overview gives a nice idea of the trends and events in 2021...
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If you think you often see stores of similar chains group together, you may be right. The right neighbour can triple your sales, new research indicates. To many Belgian stores, the favourite neighbour seems to be Dutch drugstore chain Kruidvat.
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Dutch chain Kruidvat has developed a new store concept in three variants, which it will now roll out in Belgium as well. The chain sees plenty of chances for both offline and online expansion in Belgium.
Strong identities are rewarded in retail: during this year's RetailDetail Night, brands that clearly distinguished themselves were celebrated and praised, as many retailers tried to overcome this difficult year by making a difference.
Intermarché wants to further strengthen its position in Belgium, both through new stores and through the expansion of existing stores. With the new Intermarché Express brand, the musketeers are aiming at the city centres.
Will WeChat creator Tencent become Kruidvat's co-owner? The Chinese tech company is considering taking an interest in A.S. Watson, the group behind the drugstore chain. Tencent's rival Alibaba is also interested.
Li Ka-shing, CK Hutchinson’s owner and CEO, will step aside mid-May. The 89-year old will then pass on the baton to his eldest son, Victor Li, who will then take control of chains like Kruidvat and ICI Paris XL.
A.S. Watson, the holding that owns Kruidvat, ICI PARIS XL and Trekpleister, appointed Roland van den Berg as Trekpleister’s general manager. He will succeed Bert Verhoef, who will move to Kruidvat Belgium and France.
AS Watson, which owns chains like Kruidvat and Ici Paris XL, says it will continue to invest in technology and logistics in order to keep with a market increasingly focused on online sales. However, it will also invest considerably in its physical store network.