Retail Detail (EU)

Retail Detail (EU)

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Benelux/EU retail news, strategy, and market developments.

Creative Momentum Drives Chanel’s Growth
NewsMay 20, 2026

Creative Momentum Drives Chanel’s Growth

Chanel posted a modest 2% revenue increase in 2025, bringing total sales to $19.3 billion after a 4.3% dip and a 28% profit decline in 2024. The rebound is largely credited to Creative Director Matthieu Blazy, whose refreshed takes on classic handbags...

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Hema Co-Financed Its Own Acquisition
NewsMay 20, 2026

Hema Co-Financed Its Own Acquisition

Hema helped finance its own takeover by granting a €60 million (≈ $65 million) loan to Mississippi Ventures, the Van Eerd family’s investment vehicle. The loan allowed the family, already holding 50% of Hema, to purchase the remaining stake from Amsterdam‑based Parcom, completing the...

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Rapid Growth for Wibra in Belgium: New Locations to Open at Seven Shopping Cora Sites
NewsMay 19, 2026

Rapid Growth for Wibra in Belgium: New Locations to Open at Seven Shopping Cora Sites

Dutch discount chain Wibra announced plans to open roughly 20 additional stores in Belgium in 2026, including seven locations in former Shopping Cora sites across Brussels and Wallonia. The retailer started the year with 71 stores and aims to exceed...

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Is Magnum Already About to Disappear From the Stock Market?
NewsMay 18, 2026

Is Magnum Already About to Disappear From the Stock Market?

Less than six months after Unilever spun off its premium ice‑cream arm, rumors surfaced that private‑equity firms Blackstone and Clayton, Dubilier & Rice are evaluating a takeover of The Magnum Ice Cream Company. The speculation, reported by Reuters, has caught analysts...

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LVMH Sells Fashion House Marc Jacobs to G-Star Owner WHP Global
NewsMay 15, 2026

LVMH Sells Fashion House Marc Jacobs to G-Star Owner WHP Global

LVMH is selling the Marc Jacobs fashion label to WHP Global, the owner of Vera Wang and G‑Star, in a deal valued at up to $850 million. The acquisition will be structured as a 50/50 joint venture with G‑III Apparel Group,...

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Management Changes at Uniqlo in Europe
NewsMay 13, 2026

Management Changes at Uniqlo in Europe

Uniqlo has reshuffled its European leadership, moving COO Kaman Leung from the Benelux region to oversee Germany and Poland as of May 1. In the Benelux, she is replaced by Masayoshi Nakamura, who previously led operations in Italy. The change also...

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Shein Accuses Temu of Large-Scale Copyright Infringement
NewsMay 11, 2026

Shein Accuses Temu of Large-Scale Copyright Infringement

Shein has taken Temu to the High Court in London, alleging the rival platform copies its designs on an industrial scale. Temu counters that the lawsuit is a tactical effort to suppress competition and protect its market foothold. The case...

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Belgian Bike Couriers Merge: Cargo Velo and De Fietskoerier Become Market Leaders
NewsMay 11, 2026

Belgian Bike Couriers Merge: Cargo Velo and De Fietskoerier Become Market Leaders

Cargo Velo, operating in Ghent, Brussels and Antwerp, is acquiring Antwerp‑based rival De Fietskoerier, creating Belgium’s largest bicycle‑courier firm with about 50 couriers and projected revenue exceeding €1 million ($1.1 million). The merger follows Cargo Velo’s recent €1 million ($1.1 million) capital raise and...

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M&S Acquires Asos Warehouse to Double Its Online Fashion Sales
NewsMay 11, 2026

M&S Acquires Asos Warehouse to Double Its Online Fashion Sales

Marks & Spencer is buying Asos’s automated distribution centre in Lichfield for £67.5 million (about $86 million). The 437,000‑square‑foot facility, which will employ roughly 600 staff, is slated to become operational for M&S in 2027. The acquisition is a cornerstone of M&S’s...

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Did Nike Exploit Import Tariffs to Earn Twice?
NewsMay 11, 2026

Did Nike Exploit Import Tariffs to Earn Twice?

U.S. consumers have filed a lawsuit against Nike, claiming the company failed to refund import duties it collected after a federal court declared former President Donald Trump's 2018 tariff regime illegal. Nike reported paying roughly $1.1 billion in duties on shoes...

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Delhaize Opens Lion Fit Fitness Center at Its Headquarters
NewsMay 11, 2026

Delhaize Opens Lion Fit Fitness Center at Its Headquarters

Delhaize has launched Lion Fit, a new on‑site fitness center at its Kobbegem headquarters, featuring roughly 25 strength and cardio machines and a dedicated space for group classes. The retailer opened the facility to its 3,000‑strong workforce, and about 700...

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Former Amazon France Executive Joins Tom&Co
NewsMay 11, 2026

Former Amazon France Executive Joins Tom&Co

Frédéric Duval, who spent more than two decades at Amazon and led its France and Belgium operations for over ten years, has been appointed to the Board of Directors of Tom&Co’s holding company, Petserco Holding SRL, effective June 1, 2026. Duval brings...

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New Price Cuts on 100 Products at Lidl Belgium
NewsMay 11, 2026

New Price Cuts on 100 Products at Lidl Belgium

Lidl Belgium will roll out permanent price cuts on 100 everyday items starting May 11, expanding a recent fruit‑and‑vegetable discount. The promotion targets food, personal‑care and household products, responding to an iVOX survey that shows 40% of shoppers experience decision fatigue...

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Next Is Raising Prices Due to the War in the Middle East
NewsMay 8, 2026

Next Is Raising Prices Due to the War in the Middle East

British retailer Next will raise prices up to 8% in non‑European markets starting in May as the Middle‑East war drives higher costs. The conflict adds roughly £47 million ($60 million) in extra expenses this year, far above the earlier £15 million estimate. Fuel...

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Another Belgian Intermarché Is Closing Its Doors
NewsMay 8, 2026

Another Belgian Intermarché Is Closing Its Doors

Intermarché’s Monceau‑sur‑Sambre supermarket, a former Mestdagh store operating temporarily, is set to close after failing to secure a buyer. The closure adds to a wave of about a dozen Belgian outlets in similar limbo, with several Musketiers stores already filing...

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Pharmacy Chain Medi-Market Sets Its Sights on the Netherlands: Second Store in The Hague
NewsMay 8, 2026

Pharmacy Chain Medi-Market Sets Its Sights on the Netherlands: Second Store in The Hague

Belgian drugstore chain Medi-Market is accelerating its Dutch expansion, opening a second store in The Hague after a pilot location in Maastricht. The company aims to operate 80 outlets across the Netherlands within five years, positioning itself against entrenched pharmacy...

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Metro Is Growing Amid Restructuring Challenges Thanks to Its Delivery Service
NewsMay 8, 2026

Metro Is Growing Amid Restructuring Challenges Thanks to Its Delivery Service

Metro’s wholesale division posted a 2.9% revenue increase to €16.1 billion (≈ $17.5 billion) in H1 2025/26, driven primarily by its delivery arm. At constant exchange rates growth rises to 3.5% as the weak Turkish lira drags reported figures. Adjusted EBITDA climbed from €468 million...

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Lee Jeans Brand Is up for Sale
NewsMay 8, 2026

Lee Jeans Brand Is up for Sale

Kontoor Brands announced it will sell its Lee denim subsidiary, with negotiations already at an advanced stage and several parties showing interest. The move comes on the heels of a strong first‑quarter performance that boosted the company’s cash position. By...

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Does Shein Send Data to China? Irish Watchdog Investigates
NewsMay 8, 2026

Does Shein Send Data to China? Irish Watchdog Investigates

The Irish Data Protection Commission has opened an investigation into Shein Ireland, the European hub of the fast‑fashion e‑commerce giant. Regulators suspect the retailer may have illegally transferred personal data of EU users to China, breaching GDPR rules. The probe...

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Kretinsky Given Permission for Buyout Offer Fnac Darty
NewsMay 8, 2026

Kretinsky Given Permission for Buyout Offer Fnac Darty

Czech billionaire Daniel Kretinsky’s vehicle EP Groupe received AMF approval to launch a public takeover bid for France’s Fnac Darty. Currently holding 28.5% of the retailer, Kretinsky aims to become the majority shareholder. The bid is slated to open in Q2 2026...

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[In the Picture] Modernized Librairie Club Focuses on Young Adult Literature
NewsMay 8, 2026

[In the Picture] Modernized Librairie Club Focuses on Young Adult Literature

Librairie Club, a Belgian bookstore chain, opened its first fully renovated store in Waterloo, adding a dedicated Young Adult (YA) section—the first of its kind in Wallonia. The move builds on a multi‑year rebranding plan that has already driven a...

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Amazon Launches First Drone Deliveries in the UK
NewsMay 7, 2026

Amazon Launches First Drone Deliveries in the UK

Amazon has launched its first UK drone‑delivery trial, branding the service Prime Air. The pilot operates from a distribution hub in Darlington, near Durham, and promises deliveries within two hours. Using the MK30 drone, Amazon can transport packages up to 2.2 kg...

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Wingzz China: Chinese Robotics and Technology Have Moved Beyond the Demonstration Phase
NewsMay 7, 2026

Wingzz China: Chinese Robotics and Technology Have Moved Beyond the Demonstration Phase

Chinese robotics and AI have moved from showcase projects to everyday operations across factories, warehouses, hospitals and retail. Companies such as Unitree, UBTech and DeepSeek are delivering low‑cost robots and affordable large‑language models that perform concrete tasks, while platforms like...

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[Analysis] The Appointment of Thierry Garnier Ushers in a New Era at Ahold Delhaize
NewsMay 7, 2026

[Analysis] The Appointment of Thierry Garnier Ushers in a New Era at Ahold Delhaize

Thierry Garnier, a veteran of Carrefour, Kingfisher and Tesco, has been named chief executive of Ahold Delhaize, replacing long‑time leader Frans Muller. The board’s choice of an outsider signals a strategic pivot toward digital modernization. Garnier’s appointment follows cautious investor reaction,...

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JD Sports Under Pressure, but Senses Opportunities
NewsMay 7, 2026

JD Sports Under Pressure, but Senses Opportunities

JD Sports reported a 10.5% jump in total sales to £12.66 billion (about $16.1 billion) for the year ending January, but profit before tax fell 7.7% to £923 million (roughly $1.17 billion). Organic revenue growth slowed to 2.1% after recent acquisitions. The retailer highlighted...

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Europe Blocks French Law Against (Ultra) Fast Fashion
NewsMay 6, 2026

Europe Blocks French Law Against (Ultra) Fast Fashion

France’s newly approved Loi Violland aims to curb ultra‑fast fashion by imposing an environmental tax of up to €10 ($11) per garment by 2030, banning advertising for such brands, and requiring full lifecycle impact disclosures. The measure targets low‑cost giants like...

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Wingzz China: Chinese Consumers Are Back, but They’ll Never Be the Same Again
NewsMay 6, 2026

Wingzz China: Chinese Consumers Are Back, but They’ll Never Be the Same Again

Chinese consumers have returned to stores, but they now shop with a dual‑wallet mindset—rational spending on everyday essentials and emotional spending on experiences and premium items. They compare prices and features meticulously, yet readily open their wallets for products that...

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Primark to Invest More than 85 Million Euros in Spain and Portugal
NewsMay 6, 2026

Primark to Invest More than 85 Million Euros in Spain and Portugal

Primark is committing more than €85 million (about $92 million) to expand and refurbish stores in Spain and Portugal as it marks its 20th anniversary in Spain. In Spain, €40 million will fund the renovation of eleven locations and the opening of a...

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Another Drop in Revenue for HelloFresh
NewsMay 6, 2026

Another Drop in Revenue for HelloFresh

HelloFresh reported a 7.7% drop in first‑quarter 2026 revenue to €1.7 billion ($1.85 billion), while orders fell 11.6% to roughly 25 million. The company’s strategy of targeting higher‑value, more loyal customers lifted the average order value 4.2% to €71 ($77.5) but did not...

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Delhaize, Albert Heijn, and Bol Are Gaining Market Share in Belgium
NewsMay 6, 2026

Delhaize, Albert Heijn, and Bol Are Gaining Market Share in Belgium

Ahold Delhaize reported strong quarterly results, highlighting that its three Belgian formats—Delhaize, Albert Heijn, and e‑commerce platform Bol—are all gaining market share. CEO Frans Muller said Albert Heijn’s roughly 85 stores, now independent, are performing well, while Bol achieved double‑digit growth, especially in...

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Strong Demand for Guinness Drives Diageo’s Growth
NewsMay 6, 2026

Strong Demand for Guinness Drives Diageo’s Growth

Diageo outperformed expectations in Q3, driven primarily by a resurgence in Guinness demand. The group posted a modest 0.3% rise in organic net revenue to $4.48 billion, supported by a 0.4% volume increase. Strong sales momentum came from Europe and Latin...

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British Supermarkets Want to Rein in the Expansion of Aldi and Lidl
NewsMay 6, 2026

British Supermarkets Want to Rein in the Expansion of Aldi and Lidl

British grocery giants Sainsbury’s, Morrisons and Iceland have asked the Competition and Markets Authority to amend real‑estate licensing rules that currently give discounters Aldi and Lidl an advantage. The German chains now hold about 20 % of the UK grocery market...

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Amazon to Invest 15 Billion Euros in France, Creating 7,000 Jobs
NewsMay 6, 2026

Amazon to Invest 15 Billion Euros in France, Creating 7,000 Jobs

Amazon announced a €15 billion ($16 billion) investment in France over the next three years, the largest single‑company commitment in the country’s history. The plan includes building four new distribution centers, expanding cloud and AI services, and consolidating existing facilities, which together...

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Ahold Delhaize Is Off to a Strong Start
NewsMay 6, 2026

Ahold Delhaize Is Off to a Strong Start

Ahold Delhaize posted first‑quarter 2026 revenue of €22.3 bn (≈$24.1 bn), up 2.0% on a constant‑currency basis but down 4.3% in current euros due to a weak dollar. Like‑for‑like sales also rose 2.0%, driven by strong online performance. Operating profit reached €895 million...

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Zalando Is Leveraging AI and Its Integration of About You
NewsMay 6, 2026

Zalando Is Leveraging AI and Its Integration of About You

Zalando reported a strong first‑quarter performance, with gross merchandise volume climbing 21.7% to €4.3 billion (≈$4.6 billion) and revenue up 23.8% to €3 billion (≈$3.2 billion). The company credited the surge to the recent integration of former rival About You and expanded use of artificial‑intelligence...

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Lidl Launches Self-Checkout Using Smartphones and AI-Powered Scales in Luxembourg
NewsMay 5, 2026

Lidl Launches Self-Checkout Using Smartphones and AI-Powered Scales in Luxembourg

Lidl has begun testing its Scan&Go service in three Luxembourg stores, letting shoppers scan items with the Lidl Plus app and use AI‑enabled scales to identify produce. The smart scales display the product, allow confirmation, and print a barcode for...

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Ahold Delhaize Expands Partnership with Uber Eats in the U.S.
NewsMay 5, 2026

Ahold Delhaize Expands Partnership with Uber Eats in the U.S.

U.S. supermarket chains owned by Ahold Delhaize—Food Lion, Giant Food, Hannaford and Stop & Shop—have expanded their presence on Uber Eats to nearly 2,000 locations. Shoppers can order directly through the Uber Eats app with free delivery for Uber One...

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LVMH Plans to Sell Marc Jacobs, Fenty Beauty, and More
NewsMay 5, 2026

LVMH Plans to Sell Marc Jacobs, Fenty Beauty, and More

LVMH is exploring the sale of several subsidiaries, including fashion label Marc Jacobs, cosmetics brand Fenty Beauty, and a high‑end winery. The move would represent one of the biggest restructuring efforts in the French luxury group’s history. It follows a...

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Supermarket Challenger Upfront Opens Its Second Location
NewsMay 5, 2026

Supermarket Challenger Upfront Opens Its Second Location

Dutch startup Upfront is opening its second Rotterdam store on June 6, expanding from the original Van Nelle location that now generates roughly $162,000 in weekly sales. The new outlet is three times larger, offers twice as many checkout lanes, and...

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Hugo Boss Reports Sharp Drop in Profits
NewsMay 5, 2026

Hugo Boss Reports Sharp Drop in Profits

Hugo Boss posted a 9% drop in first‑quarter revenue to €905 million (≈$986 million), with the Hugo label falling 23% and the Boss brand down 7%. After removing currency effects, revenue was still 6% lower, and all regions recorded declines—EMEA ‑10%, Americas ‑11%, Asia‑Pacific ‑6%. The...

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Amazon Is Making a New Attempt to Break Into the British Grocery Market
NewsMay 5, 2026

Amazon Is Making a New Attempt to Break Into the British Grocery Market

Amazon is intensifying its push into the UK grocery market by seeking closer partnerships with British food and beverage suppliers. After shutting its Amazon Fresh and Amazon Go stores last year, the company is now focusing on expanding its online...

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AB InBev “Cheers to Beer” After Strong Start to 2026
NewsMay 5, 2026

AB InBev “Cheers to Beer” After Strong Start to 2026

AB InBev reported a stronger‑than‑expected start to 2026, with first‑quarter beer sales rising 0.8% to 136.4 million hectoliters. Revenue jumped 5.8% to $15.3 billion, outpacing analysts’ 3% forecast, while normalized EBITDA grew 5.3%. CEO Michel Doukeris celebrated the results, noting that despite...

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Colruyt Group Opens Its 25th Okay City Urban Store in Belgium
NewsMay 5, 2026

Colruyt Group Opens Its 25th Okay City Urban Store in Belgium

Colruyt Group opened its 25th Okay City urban store in Antwerp on May 6, marking the seventh location in the city and 25th across Belgium. The 400‑square‑meter shop offers a full range of groceries, fresh produce, ready‑to‑eat meals and coffee, targeting...

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Albert Heijn Reduces Bakery Waste Using AI
NewsMay 4, 2026

Albert Heijn Reduces Bakery Waste Using AI

Albert Heijn is launching AI‑driven dynamic pricing in its bakery aisles across the Netherlands. The internally built “Bake” system forecasts store‑level bread demand and adjusts prices in real time, with discounts up to 70% as the day progresses. The initiative...

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Eataly Is Looking for a Second CEO Following the “Initial Transition Phase”
NewsMay 4, 2026

Eataly Is Looking for a Second CEO Following the “Initial Transition Phase”

Italian food marketplace Eataly announced that CEO Andrea Cipolloni will step down after three and a half years. The firm is splitting the top role, naming former HR director Gabriele Belsito as head of Europe while it searches for a dedicated U.S....

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Aldi Employees in Brussels Went on Strike on Saturday
NewsMay 4, 2026

Aldi Employees in Brussels Went on Strike on Saturday

Aldi faced a fresh wave of strikes in the Brussels‑Halle‑Vilvoorde region on Saturday, with 22 of its 26 stores shutting down. Workers, represented by Setca and CNE, protested the retailer’s plan to open supermarkets on Sundays, fearing loss of their...

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Puma Is Climbing Out of the Slump with a New CFO and Owner
NewsApr 30, 2026

Puma Is Climbing Out of the Slump with a New CFO and Owner

Puma’s first‑quarter 2026 revenue slipped 6.3% to €1.86 bn (≈$2.03 bn), but earnings before interest and taxes jumped 19.6% to €51.9 m (≈$56.6 m) after a €12.6 m restructuring charge. Gross margin improved by 60 basis points to 47.7% thanks to lower inventory, reduced freight...

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Google: “AI Threatens to Make Brands Invisible, but Physical Stores Are a Major Advantage”
NewsApr 30, 2026

Google: “AI Threatens to Make Brands Invisible, but Physical Stores Are a Major Advantage”

Google’s Omnichannel Index 2026 warns that AI can render brands invisible unless they adopt a true omnichannel strategy. The report, co‑authored with IMPACT Commerce, says organizations that view omnichannel as a commercial strategy—not just an infrastructure upgrade—are pulling ahead. Retailers that lag...

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Delhaize’s Private Label Hits the Shelves at Louis Delhaize
NewsApr 30, 2026

Delhaize’s Private Label Hits the Shelves at Louis Delhaize

Delhaize completed its acquisition of the Louis Delhaize neighborhood‑store chain earlier this year, and the first integration steps are now visible on the shop floor. More than 500 Delhaize private‑label products have been added to the assortments of over 300 Louis Delhaize...

By Retail Detail (EU)