Issue 2018 June 12th

    French grocery leader and internet giant strike deal

    French grocery giant Carrefour confirmed yesterday that from next year its groceries would be available on the US search engine Google’s new dedicated shopping site in France, or through Google-operated systems such as connected speakers and voice-assisted devices. The tie-up comes amid a broader shake-up in France’s competitive grocery retail market as retailers invest in [...]

    French grocery real estate division rebrands

    The real estate developer Immochan, connected to the French retailer Auchan, is changing its name in Ceetrus in a brand transformation that started two years ago. According to the company, the new name embodies its evolution from a commercial real estate company to a mixed-use real estate developer. The French company developed the Coresi project in [...]

    Value retailer fails to find way forward as UK high street hit again

    Discount UK retailer Poundworld has appointed administrators, putting 5,100 jobs at risk. The move came after talks with a potential buyer, R Capital, collapsed leaving Poundworld with no option other than to file for administration. Poundworld, which serves two million customers a week from 335 stores, also trades under the Bargain Buys name and administrator [...]