Casino has started exclusive talks over buying online shoe retailer Sarenza, as the French supermarket operator looks to strengthen its online presence in the face of competition from Amazon and other Internet firms.
Dutch fashion retailers are showing better results after a number of hard years. Chains are benefitting from the Netherlands’ economic recovery and reaping the rewards of adapting to changing consumer behaviour.
Marking the biggest sales dip in 11 months, US consumer spending cooled off in the first quarter, following the holiday season's strong showing. Year-over-year data, however, shows a healthy uptick of 5.4 percent.