14 July 2023
14 July 2023
The negotiations between the struggling retailer and Brand management firm Go Global Retail failed to produce an agreement on valuation.
The deal will mark Carrefour’s first significant acquisition in France in over two decades, solidifying its dominant stance in the domestic food retail industry.
Retail Insight Network speaks to the COO of Radial, an e-commerce solutions provider, about how retailers can ensure a smooth returns process.
The fashion group reported a turnover of €1.45bn ($1.62bn) in the first half of the year.
The transformation aims to offer the best cross-channel experience when shopping in store or online.
LYNK will continue to operate as an independent business after the acquisition.
The refreshed store includes features envisioned by Format 35, a new concept jointly proposed by DESPAR Centro-Sud.
The retailer expects hypermarket and supermarket sales to decline by -17% and -14% on an LFL basis in Q2 FY23.
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