All Germany articles – Page 13
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News
Otto Group to restructure Otto, Baur and Schwab banners
Otto will increase its offering for young women, stocking a wider range of brands and Otto Group private-label products. Baur will focus on customers with more conservative values, while Schwab’s plus-size Sheego banner will be developed further. Otto Group also wants to increase synergies between its banners, and back-office functions ...
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Redcoon considers first bricks-and-mortar store
Online electronics retailer Redcoon, owned by Metro controlled Media-Saturn, is considering opening its first bricks-and-mortar store early next year, according to founder Reiner Heckel.Heckel said that consumer electronics and white goods suppliers treat physical store operators as preferred customers when selling products, including newly launched lines, at the expense of ...
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Bookseller Weltbild introduces new ereader
Bookseller Weltbild has introduced a new ereader to its Weltbild and Hugendubel bookstores and ecommerce sites.The ebook Reader 4 Digital Ink is manufactured by TrekStor and supports ebooks in multiple formats.Weltbild is offering 280,000 downloadable ebooks on its site in support of the new device.
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Media-Saturn plans private labels extension
Media-Saturn plans to extend its private labels Isy, Peaq, Koenic and Ok. The Isy line will be supplemented by products such as headphones, smartphone bags and cartridges, while the Peaq range will incorporate televisions and sound systems. Koenic and Ok will feature additional large and small household appliances.In 2010, Media-Saturn ...
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ProMarkt to scale down store network
Rewe’s domestic electronics superstore business ProMarkt is scaling down its store network.The retailer plans to cut store numbers from 68 to 55. ProMarkt is struggling to keep up with independent specialist competitors. It is widely believed the business, which has focused on secondary locations with sales areas of about 16,150 ...
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Rossmann to introduce Rossmann Express banner
Watson-affiliated drugstore group Rossmann is introducing the Rossmann Express banner to the 20 railway station stores it recently bought from insolvent competitor Schlecker’s Ihr Platz in Germany.The concept will follow the former Ihr Platz Express model, comprising a range of ambient, chilled and frozen foods in addition to the drugstore ...
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Douglas installs multimedia terminals in its perfumeries
Shoppers at perfumery retailer Douglas can test make-up in stores and share photos with friends on Facebook, according to trade magazine Lebensmittel Zeitung.Douglas has installed multimedia terminals in 15 of its perfumeries, which it has called ‘Girlfriends Tables’. Each has a webcam allowing customers to take photos and share them ...
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News
Real appoints chief executive for domestic and international business
Metro Group-owned hypermarket chain Real has appointed Didier Fleury as its new chief executive for domestic and international business, Lebensmittel Zeitung has reported.Fleury was previously chief operating officer at the company. The former banner director for Real Germany, Roland Neuwald, remains with the company as sales director, replacing Bernd Mediger ...
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Tap 09 to acquire Austrian Schlecker stores
Drugstore operator Schlecker has found a buyer for its stores in Austria and markets affiliated to the Austrian business. Private equity company Tap 09 is to acquire 1,350 drugstores in Austria, Italy, Poland, Belgium and Luxembourg.Tap 09 intends to convert the shops to a neighbourhood store concept called ‘daily’. Sale ...
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Grocer Edeka updates marketing campaign
Grocer Edeka is changing its marketing strategy. With new advertising partner Jung von Matt, Edeka has changed its year-old campaign ‘Wir lieben Lebensmittel’ (‘We just love food’) to a more emotional approach.The strapline now includes a heart symbol in its corporate colour yellow. The co-operative grocer said it “wants to ...
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News
Bike specialist Hein Gericke crashes into administration
The British division of German motorbike specialist Hein Gericke has fallen into administration.
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News
Drugstore group Schlecker begins clearance Sales
Insolvent drugstore group Schlecker has begun clearance Sales in the remaining 358 Schlecker XL and 367 Ihr Platz shops. Products have been discounted by between 30% and 50%, according to administrator Werner Schneider.The Schlecker XL shops will be closed in August. Schneider is still searching for buyers of the remaining ...
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Analysis
Lidl improvements drive Schwarz Group growth
German grocer Schwarz Group, operator of Lidl discount stores and Kaufland hypermarkets and superstores, increased sales by 6% to E63.4bn (£49.5bn) in the financial year to February 29.
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Tengelmann cautiously optimistic about future
Retail conglomerate Tengelmann has posted results for its financial year ending December 31, 2011.The retailer said it was cautiously optimistic about the future amid an uncertain economic environment as the euro crisis continues. Group turnover – including ecommerce operations but excluding the US business disposed of in March – increased ...
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Analysis
Analysis: Are Karstadt's Euro-crisis cuts a sign of things to come?
German Karstadt department store group revealed today that it would cut 8% of its 24,000-strong workforce, in part due to the euro crisis.
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News
DIY retailer Praktiker stores to change to Max Bahr branding
DIY retailer Praktiker has confirmed its stores will be changing to the Max Bahr brand.About 120 Praktiker stores are to be converted by 2014, with the first rebranded stores launching in September this year. The programme includes the “complete conversion [of Praktiker stores] to the premium concept of Max Bahr”, ...
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Analysis
Otto Group differentiates brands as part of overhaul
Germany-based Otto Group is to restructure its core business after revenue growth slowed down from 12.5% to 1.7% in 2011.
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News
Schlecker to shut remaining XL stores
Insolvent drugstore chain Schlecker was to shut its remaining 350 XL stores following the closure of its eponymous shops this week.Initially, the retailer planned to sell these larger stores together with its more upscale Ihr Platz banner.However, the committee of its creditors decided there was no economically feasible future for ...
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News
Drugstore operator dm shows interest in Schlecker
Drugstore operator dm has shown an interest in insolvent retailer Schlecker.It is likely that dm is interested in Schlecker’s ecommerce operation.At present dm offers its private labels via Amazon, rather than operating its own online operation – a move it doubts would be profitable.
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Drugstore operator dm expresses interest in Platz stores
Drugstore operator dm has expressed an interest in acquiring 60 to 80 Ihr Platz stores from Schlecker, after a potential deal between Schlecker and investor Dubag broke down.Chief executive Erich Harsch said that the stores could be taken over and converted into dm’s store layout. Dm is currently on an ...