All entries in the Retail sector, newest first. tag:eurotrack.ai,2026:en:en/sectors/retail 2026-11-02T06:00:00Z Eurotrack tag:eurotrack.ai,2026:740afd7c:en 2026-11-02T06:00:00Z

The Paris commercial court opened receivership proceedings (redressement judiciaire) on 2 November 2026 for SEGM BHV, which includes the historic department store at the Hôtel de Ville and BHV Parly 2. The company employs about 700 people (September figures); a six-month observation period, which can be renewed, will decide whether it is restructured, sold to a buyer or liquidated. The store had been resold at a loss in June (BFMTV/AFP, 2 November 2026). — Sources: https://www.bfmtv.com/economie/entreprises/le-grand-magasin-bhv-de-paris-est-place-en-redressement-judiciaire_AD-202611020620.html · https://www.lefigaro.fr/societes/le-grand-magasin-bhv-officiellement-place-en-redressement-judiciaire-20261102

tag:eurotrack.ai,2026:bbfbbb27:en 2026-10-30T06:00:00Z

Ahold Delhaize is taking over Tesco's entire business in Czechia and Slovakia, with more than 360 own stores, over 100 franchise stores, about €3.5bn in sales and more than 14,000 employees. Enterprise value is about €1.2bn (around €1.7bn including lease liabilities); Ahold Delhaize is already present in Czechia with Albert, while Slovakia would be a new market. Closing is expected in Q4 2027, subject to regulatory approvals (VRT, 30 Oct 2026; second source: TASR, 30 Oct 2026). — Sources: https://www.vrt.be/vrtnws/nl/2026/10/30/ahold-delhaize-neemt-supermarktketen-in-tsjechie-en-slovakije-ov/ · https://www.teraz.sk/ekonomika/ahold-delhaize-sa-dohodla-na-akvizicii/1003879-clanok.html

tag:eurotrack.ai,2026:f87cd26e:en 2026-10-29T06:00:00Z

Poundland's management filed a notice of intention to appoint administrators on 29 October 2026, giving the discount chain ten days to find a rescue deal. About 12,000 employees are affected; Prime Minister Andy Burnham said the government was ready to support staff and called for answers on why an offer for the business had been rejected. The headcount is not in the job-cuts field because it is still open whether stores will close (BBC, 31 October 2026). — Source: https://www.bbc.co.uk/news/articles/ck4g182xq90lo

tag:eurotrack.ai,2026:02d09dfc:en 2026-10-23T06:00:00Z

Lidl is putting €420m into Munster, including €200m for a new regional distribution centre at Little Island near Cork, 14 new stores and the redevelopment of 10 existing ones. More than 500 permanent jobs (250 of them in Cork) and over 4,500 construction jobs are expected; the package is part of Lidl Ireland's €600m five-year programme (RTÉ, 23 Oct 2026). — Source: https://www.rte.ie/news/business/2026/1023/1596554-lidl-announces-420m-investment-for-munster/

tag:eurotrack.ai,2026:6592ab00:en 2026-10-12T06:00:00Z

HMV will leave its Oxford Street flagship at 363 Oxford Street, reopened in 2023, in March 2027 after landlords proposed doubling the rent and the site faced substantial renovation costs. More than 50 staff are affected; HMV plans to move them to its two other London stores or head office and is seeking a new West End site (BBC, 12 Oct 2026). — Source: https://www.bbc.co.uk/news/articles/cjzxl7ee4e9xo

tag:eurotrack.ai,2026:cc3eeccb:en 2026-10-07T06:00:00Z

IKEA has announced a €130m budget for Romania covering 2027 to 2029: €125m for ten new customer locations and the upgrade of existing stores, and €4.4m for price cuts. About €55m is earmarked for network growth — Craiova, Pitești and Galați are new cities, and in Iași the land has already been bought — and about €70m for the existing estate, including more than €60m to rebuild its oldest store at Băneasa in Bucharest. The plan covers both small formats from around 400 sq m and large stores; roughly 300 jobs are foreseen for the new locations, alongside partnerships with other retailers on the UK model. CEO Ekaterina Egorova says Romania is the priority for the next three years, with investment also planned in Croatia, Slovakia and Serbia (Economica.net, 7 Oct 2026; second source: Ziarul Financiar, 7 Oct 2026). — Sources: https://www.economica.net/investitii-ikea-romania_983465.html · https://www.zf.ro/zf-24/ikea-pune-bataie-buget-130-mil-euro-investitii-urmatorii-trei-ani-vom-deschide-10-magazine-avem-vedere-iasi-cluj-napoca-orase-mici-vrem-inauguram-magazine-formate-reduse-23255068

tag:eurotrack.ai,2026:962b5a5f:en 2026-10-07T06:00:00Z

Wittington Investments, the holding company of Canada's Weston family, is buying the Boots pharmacy and health and beauty chain in the UK and Ireland from Sycamore Partners and the family of Stefano Pessina for US$8.9bn including debt; Fairfax Financial is to hold about half of the equity. Closing is expected in Q1 2027 (Personal Care Insights, 7 October 2026; second source: ITV News, 7 October 2026). — Sources: https://www.personalcareinsights.com/news/boots-sold-wittington-investments.html · https://www.itv.com/news/2026-10-07/boots-to-be-bought-by-canadas-weston-family-for-67bn

tag:eurotrack.ai,2026:14bbec80:en 2026-10-05T06:00:00Z

The Danish retail group Salling Group (Bilka, Føtex, Netto) is buying a majority stake in the Aarhus-based online retailer Proshop, which had revenue of almost DKK 4.5bn last year and employs more than 350 people. Group CEO Anders Hagh did not disclose the price but called it a billion-kroner deal and the second-largest acquisition in the group's history after Rimi. Proshop stays a separate brand and founder Poul Thyregod remains managing director (DR, 5 Oct 2026). — Source: https://www.dr.dk/nyheder/indland/salling-shopper-igennem-koeber-dansk-netbutik-i-milliardhandel

tag:eurotrack.ai,2026:73bd8fc3:en 2026-09-23T06:00:00Z

The UK's Co-operative Group confirmed job cuts on 23 Sep 2026 as part of the £200m cost-saving programme it launched this year, without saying how many of its roughly 54,000 staff are affected. Underlying pre-tax losses widened to £92m in the first half (to 4 Jul 2026); the business is still dealing with the fallout of the April 2025 cyber attack and a leadership overhaul (Irish News/PA, 23 Sep 2026). — Source: https://www.irishnews.com/news/uk/co-operative-reveals-jobs-being-cut-under-turnaround-as-losses-widen-W6QKDNFWCZNXTGOZ4X3LVLXT6M/

tag:eurotrack.ai,2026:9580fc75:en 2026-09-07T06:00:00Z

Delhaize announced on 7 September 2026 the construction of a new fresh-goods distribution centre in Zellik (Belgium); investment of €120 million, creating 130 new permanent jobs. The move is driven by the company's network growth and the need to supply its stores more frequently (RetailDetail, 7 Sept 2026). — Source: https://www.retaildetail.nl/news/food/delhaize-bouwt-nieuw-versmagazijn-en-investeert-120-miljoen-euro/

tag:eurotrack.ai,2026:627d6d2a:en 2026-09-03T06:00:00Z

Belgium's Volkswagen Group importer D'Ieteren Automotive presented its works council on 3 September 2026 with a 2026–2030 strategic transformation plan that could cost up to 344 jobs (around 12% of the workforce according to trade press); several sites could close and functions be merged. This opened the consultation under Belgium's 'Renault law' — the cuts are an intention, not yet a decided plan; a follow-up meeting with the unions was scheduled for 11 September 2026. The company cites electrification, digitalisation/AI, tougher competition and new-car sales that have declined since the pandemic; the business model is to shift from new-car sales to mobility services (La Libre, Transportmedia, 3 September 2026). — Source: https://www.moniteurautomobile.be/actu-auto/economie/dieteren.html

tag:eurotrack.ai,2026:13ab073e:en 2026-09-03T06:00:00Z

The Wahl-Gruppe — by its own account the world's oldest still-operating BMW dealer (founded 1898) — filed for self-administered insolvency at Siegen district court on 3 September 2026 for six group companies with 31 sites in North Rhine-Westphalia, Hesse and Rhineland-Palatinate; around 1,000 jobs are affected. The company cites rising costs, falling sales and customer purchasing restraint; operations continue, and wages are secured via insolvency benefit until at least the end of November 2026 according to restructuring adviser Schultze & Braun (Siegener Zeitung, 3 September 2026). The figure represents jobs at risk; no cuts have been decided yet. — Source: https://www.auto-motor-und-sport.de/verkehr/aeltester-bmw-haendler-der-welt-ist-insolvent-31-standorte-1-000-mitarbeiter-betroffen/

tag:eurotrack.ai,2026:8778ee1c:en 2026-09-02T06:00:00Z

Morrisons told staff on 2 September 2026 that a further roughly 86 roles at its Bradford head office are at risk — part of an ongoing restructuring under which CEO Rami Baitiéh aims to deliver GBP 940 million in savings over three years. Only months earlier Morrisons had put around 200 roles at its Hilmore House headquarters at risk; the latest proposals are still subject to consultation. — Source: https://www.grocerygazette.co.uk/2026/09/02/morrisons-puts-further-80-plus-head-office-jobs-at-risk/

tag:eurotrack.ai,2026:04eb3253:en 2026-08-26T06:00:00Z

The insolvent operating company GDC Deutschland GmbH (Großostheim) announced on 26 August 2026 that it will cease all operations of the Depot home-decor chain on 30 September 2026 and terminate all employment and lease contracts; the roughly 730 remaining employees are affected. Owner Christian Gries cited insufficiency of the insolvency estate in the self-administration proceedings running since May 2026 and plans to relaunch the brand through a new company with a much smaller store network (Berliner Zeitung, 26 August 2026). Follow-up to 70eb7320 (1 August 2026: 330 staff released) — the 730 are the workforce remaining after that, not double-counted. — Source: https://www.berliner-zeitung.de/article/depot-insolvenz-geschaeftsbetrieb-eingestellt-10336958

tag:eurotrack.ai,2026:5c51981c:en 2026-08-25T06:00:00Z

On 25 August 2026 the commercial court ordered the liquidation of three more Gibert bookshops (Évreux, Poitiers and the Librairie de la Place on Quai Saint-Michel in Paris) after no buyer was found, affecting 27 jobs in total. It follows the receivership opened in April 2026 and the 'Gibert 2030' recovery plan; the group is left with ten shops in ten cities (Livres Hebdo, 25 August 2026). — Source: https://www.livreshebdo.fr/article/gibert-faute-de-repreneurs-trois-nouveaux-magasins-places-en-liquidation-judiciaire

tag:eurotrack.ai,2026:a66f8337:en 2026-08-20T06:00:00Z

DIY retail chain Bauhaus announced on 20 August 2026 that it will close all three of its Norwegian stores (Lier, Stavanger, Vestby); CEO Kenneth Litland confirmed 223 of the roughly 294 employees are affected (NRK, 20 Aug 2026). — Source: https://www.nrk.no/nyheter/bauhaus-legger-ned-i-norge_-_-223-personer-pavirkes-av-nedleggelsen-1.17996380

tag:eurotrack.ai,2026:ec12d74e:en 2026-08-06T06:00:00Z

Single-source reporting (Retail Gazette, 6 August 2026, based on an HR1 filing and an insider source): H&M plans around 250 job cuts across its UK office sites between October and December 2026, including Oxford Street, Regent Street, Manchester and Glasgow. The stated reason is overlapping responsibilities rather than financial difficulty; H&M has not confirmed the plans. Update (7 August 2026): H&M has officially confirmed the reorganisation — around 250 employees at its UK support offices were informed about a proposed reorganisation and consultation process, and the consultation is already under way. The company stresses that the figure of 250 refers to the employees informed and not necessarily to the number of roles that will ultimately be cut; H&M has not yet given a redundancy figure. Source of the confirmation: TheIndustry.fashion, 7 August 2026. — Source: https://www.retailgazette.co.uk/blog/2026/08/hm-job-cut-head-office/

tag:eurotrack.ai,2026:c9f15a18:en 2026-08-05T06:00:00Z

Applegreen is investing €15m in a new service area at Junction 9 of the M7 near Naas, County Kildare, comprising a forecourt, an M&S Food, the Republic of Ireland's first Popeyes drive-thru, a Taco Bell and eight ultra-fast chargers with 16 charging points. The project creates 150 jobs and forms part of a group investment programme of around €1bn across Ireland, Britain and the United States. — Source: https://www.rte.ie/news/business/2026/0805/1586543-applegreen-to-create-150-naas-jobs/

tag:eurotrack.ai,2026:61358067:en 2026-08-05T06:00:00Z

Palermo-based listed luxury fashion house Giglio S.p.A. notified unions on 5 August 2026 that it was opening a collective dismissal procedure covering 15 of its 64 employees, and at the same time announced the closure of two stores, Giglio Piccolo and Giglio Accessori. The company blames a 'condizione involutiva aziendale' caused by falling sales volumes and changing consumption habits in the luxury segment. The statutory procedure runs 45 days at union level plus a further 30 days at institutional level and is due to conclude in October 2026; Filcams Cgil Palermo notes that a wage-supplement (FIS) procedure had already been opened around two months earlier at group logistics subsidiary Giglio.com. — Source: https://www.direttasicilia.it/2026/08/05/tira-aria-di-crisi-nel-polo-del-lusso-a-palermo-giglio-annuncia-15-licenziamenti-e-chiude-due-negozi/

tag:eurotrack.ai,2026:c83fe822:en 2026-08-03T06:00:00Z

Insolvency proceedings under self-administration were opened over Düsseldorf fashion chain Adenauer & Co. at the Düsseldorf district court effective 1 August 2026; the petition dates back to 15 May 2026 and the case became public on 3 August 2026. Around 200 employees at 59 locations in Germany, Spain and Austria are affected. The founder, a grandson of Konrad Adenauer, blames misappropriated funds linked to an investment in Turkish manufacturing, putting the damage in the mid single-digit millions. Store closures during the restructuring cannot be ruled out; no list has been published. Second source: Handelsblatt (3 August 2026). Outcome (6 August 2026): Insolvent fashion chain Adenauer & Co. has found an investor in Hamburg-based BK Retail Group, which is taking over the business; about 40 of roughly 200 employees will lose their jobs and 15 of the 59 stores are set to close, while the remaining locations continue operating under the new owner. (source: https://www.t-online.de/finanzen/aktuelles/wirtschaft/id_101377618/adenauer-bk-retail-uebernimmt-insolvente-modekette-des-kanzler-enkels.html) — Source: https://www.t-online.de/finanzen/aktuelles/wirtschaft/id_101371922/adenauer-co-meldet-insolvenz-an-war-betrug-in-der-tuerkei-der-grund-.html

tag:eurotrack.ai,2026:70eb7320:en 2026-08-01T06:00:00Z

Insolvent home-decor and furnishings chain Depot (GDC Deutschland GmbH) released around 330 employees effective 1 August 2026 — roughly 220 from its stores and 110 from head office and field sales. Of the 155 remaining locations, 105 are closing; only about 50 stores are to remain alongside online sales and shop-in-shop space. Owner Christian Gries cites higher import tariffs, competition from Asian online platforms such as Temu and Shein, and consumer spending restraint. It is the company's second insolvency in two years: the current self-administration proceeding was filed in May 2026 at Aschaffenburg district court, while the 2024 proceeding had already cost 250 store closures and some 2,000 jobs. Update (26 August 2026): GDC Deutschland will cease operations entirely on 30 September 2026; the remaining roughly 730 employees have been dismissed (separate follow-up entry). — Source: https://www.t-online.de/finanzen/aktuelles/wirtschaft/id_101370430/insolvenz-bei-deko-kette-depot-muss-weitere-filialen-schliessen.html

tag:eurotrack.ai,2026:03ec9c34:en 2026-07-31T06:00:00Z

On 31 July 2026 Canadian Circle K parent Alimentation Couche-Tard announced it would acquire all shares in Polish convenience market leader Żabka through a voluntary tender offer by its subsidiary Circle K Polska, at PLN 32.00 ($8.48) per share — an equity value of around PLN 32.62bn (about $8.6bn). It would be the largest acquisition in the group's history. Shareholders representing about 57% in aggregate — including CVC Capital Partners and Partners Group — have given hard irrevocable undertakings to tender. Żabka operates more than 13,000 stores in Poland and Romania and has been listed on the Warsaw Stock Exchange since October 2024. The transaction is funded through fully committed debt facilities (lead arranger J.P. Morgan); the offer document still has to be reviewed by Poland's financial supervisor KNF, and completion is expected no later than December 2026. The move follows the participation talks with Seven & i Holdings that ended without result on 25 July 2026 (see the entry dated 17 July 2026). Update (26 Aug 2026): Following the KNF review, Couche-Tard launched the offer at an unchanged PLN 32 per share; the subscription period ran from 27 Aug to 25 Sep 2026, valuing Żabka at around PLN 32.6bn (Reuters via Euronext, 26 Aug 2026). Update (17.09.2026): The subscription period has been extended to 26.10.2026 with the price unchanged at PLN 32 per share; the transaction is now scheduled for 29.10.2026 and settlement for 03.11.2026 (Bankier.pl, 17.09.2026). Update (16.10.2026): The subscription period has been extended a second time, now to 02.12.2026, with the price unchanged at PLN 32 per share; the transaction is now scheduled for 07.12 and settlement for 10.12.2026 (Bankier.pl, 16.10.2026). — Sources: https://corporate.couche-tard.com/2026-07-31-ALIMENTATION-COUCHE-TARD-ANNOUNCES-AGREEMENT-TO-ACQUIRE-CONTROLLING-STAKE-IN-ZABKA-GROUP-AND-LAUNCHES-VOLUNTARY-TENDER-OFFER · https://www.bankier.pl/wiadomosc/Przyjmowanie-zapisow-w-wezwaniu-Alimentation-Couche-Tard-na-Zabka-Group-przedluzone-do-26-X-2026-r-9198973.html · https://www.bankier.pl/wiadomosc/Przyjmowanie-zapisow-w-wezwaniu-Alimentation-Couche-Tard-na-Zabka-Group-przedluzone-do-2-XII-26-9214104.html

tag:eurotrack.ai,2026:c0e86032:en 2026-07-31T06:00:00Z

Hungarian real estate group Appeninn closed its acquisition of Dekada S.A.'s Polish retail portfolio on Friday 31 July 2026: seven retail parks (Brodnica, Ciechanów, Grójec, Kraków, Myślenice, Olsztyn, Nowy Targ) and four shopping centres (Malbork, Sieradz, Skierniewice, Żyrardów) totalling around 53,000 sqm of leasable space and over €10 million in annual gross rent. Tenants include Biedronka, Rossmann, Empik, JYSK, Castorama and Action. The purchase was funded from own resources plus a loan from Austria's Erste Group Bank AG; the price was not disclosed but exceeds €100 million according to the company. Appeninn's Polish property portfolio thereby rises above €170 million. — Source: https://www.portfolio.hu/ingatlan/20260731/tobb-mint-100-millio-euros-ingatlanpiaci-tranzakciot-zart-az-appeninn-853434

tag:eurotrack.ai,2026:eda11b60:en 2026-07-31T06:00:00Z

Norway's sovereign wealth fund (Norges Bank Investment Management) and Portuguese shopping-centre operator Sonae Sierra formed an Iberian joint venture on 31 July 2026 and simultaneously agreed to acquire eight Spanish shopping centres from Sociedad General Inmobiliaria de España (LSGI) for around €1.5bn. The portfolio, with over 250,000 sqm of gross lettable area, comprises La Vaguada, Gran Plaza 2, Plaza Norte 2, Plaza Río 2, Plaza Moraleja 2 and Plaza Loranca 2 (all in the Madrid area), Gran Vía 2 in Barcelona and Plaza Mar 2 in Alicante. Sonae Sierra takes over direct management of the portfolio and separately acquires 100% of management company SCCE with its more than 130 staff. The joint venture's ownership split was not disclosed; completion is subject to competition clearance. — Source: https://forbes.es/ultima-hora/992577/norges-bank-y-sonae-sierra-crean-una-joint-venture-y-adquieren-una-cartera-de-8-centros-comerciales-en-espana/

tag:eurotrack.ai,2026:1b13f062:en 2026-07-30T06:00:00Z

The UK Competition and Markets Authority formally launched its phase 1 merger inquiry on 30 July 2026 into the already completed acquisition of The Southern Co-operative by the Co-operative Group. The deadline for the phase 1 decision runs to 28 September 2026. It was preceded by an invitation to comment on 4 June 2026 and an initial enforcement order on 23 July 2026 barring further integration until the inquiry concludes. The Co-operative Group runs more than 2,300 stores; the Southern Co-operative operates around 173 stores, Starbucks outlets and a funeral business in the south of England. Update (15 Sep 2026): On 15 September 2026 the CMA published its phase 1 decision: the merger may be expected to result in a substantial lessening of competition — in convenience grocery retail in nine local areas where the two societies overlap, and in funeral services (pre-paid and at-need) in one further area. The parties have until 22 September 2026 to offer undertakings in lieu; if none are offered, or the CMA finds them insufficient, it will refer the merger for an in-depth phase 2 investigation (Talking Retail, 15 Sep 2026). Update (29.09.2026): The CMA provisionally considers the undertakings offered by the Co-op Group – the sale of 15 convenience stores and two funeral homes – suitable to resolve its concerns; after consultation and a review of the buyers, the deal could be cleared without a phase 2 investigation (Talking Retail, 29.09.2026). — Sources: https://www.gov.uk/cma-cases/co-operative-group-slash-southern-co-operative-merger-inquiry · https://www.talkingretail.com/featured/cma-provisionally-accepts-package-for-co-op-southern-co-op-deal-29-09-2026/

tag:eurotrack.ai,2026:52fd3c0d:en 2026-07-29T06:00:00Z

Long-established electronics mail-order retailer Pollin Electronic filed for insolvency on 29 July 2026. Nuremberg lawyer Joachim Exner was appointed preliminary insolvency administrator and stated that continuing the business is the goal; the online shop and the store in Pförring remain open without restriction for now, and wages are covered by insolvency benefit for about three months. Reports differ on the size of the workforce: several put it at around 140 employees (recorded here), while a single report mentions about 250. The family business traces its roots to 1891, with the electronics arm starting in the early 1970s. — Source: https://www.golem.de/news/geschaeftsbetrieb-laeuft-weiter-elektronikhaendler-pollin-meldet-insolvenz-an-2607-211447.html

tag:eurotrack.ai,2026:62444632:en 2026-07-28T06:00:00Z

The Lille Métropole commercial court approved the continuation plan of the northern French IDKIDS group; on Tuesday 28 July 2026 Okaïdi announced its exit from redressement judiciaire after six months. The plan involves cutting 244 jobs and closing 57 stores in France. Abroad, the group withdrew entirely from Poland (25 stores), Germany (17 stores) and Portugal (2 stores). The proceedings opened in February 2026 covered the brands Obaïbi (ages 0–3), Okaïdi (3–14) and Oxybul as well as the IDLOG logistics platform, together employing around 2,000 people in France (source: AFP via Boursorama). — Source: https://www.boursorama.com/actualite-economique/actualites/le-specialiste-de-vetements-pour-enfants-okaidi-sort-de-redressement-judiciaire-08839b931ad68131f33eb7889198bb7e

tag:eurotrack.ai,2026:8acd001d:en 2026-07-27T06:00:00Z

Following the completion on 16 July 2026 of the GameStop takeover by a French-Québécois consortium of entrepreneurs (Stephan Tétrault, Jean-François Chenail, Sandra and Stephen Callahan), Micromania-Zing has announced a modernisation plan: a flagship store of more than 500 m² is to open in the Paris region in autumn 2026, with four to six comparable sites in other large French cities to follow in 2027. The network of 310 stores is to be retained and the company says no mass redundancies are planned; no investment figure was given. The details come from a company statement and an interview with communications head Philippe Renaudin. — Source: https://echosplus.com/2026/07/27/apres-son-rachat-micromania-lance-un-vaste-plan-de-modernisation/

tag:eurotrack.ai,2026:c64fa474:en 2026-07-27T06:00:00Z

On 27 July 2026 French electronic shelf-label supplier VusionGroup (formerly SES-imagotag) signed an agreement to acquire Spanish retail-media specialist In-Store Media (around €120 million in 2025 revenue), expanding into digital in-store advertising. The deal is to be debt-financed and remains subject to regulatory approval and the usual closing conditions. — Source: https://www.boursorama.com/bourse/actualites/vusion-signe-un-accord-pour-acquerir-in-store-media-acf2ad499491bb7ba9f6ad7cba944f59

tag:eurotrack.ai,2026:8f209bd2:en 2026-07-27T06:00:00Z

Cyprus Trading Corporation has completed its mandatory bid for Ermes Department Stores, submitted on 2 Apr 2026 and expired on 13 Jul 2026: acceptances for 9.14% of the shares (15,957,667) lift its holding from 77.21% to 86.36% (150,697,714 shares). The report gives no price; accepting shareholders were paid on 23 Jul 2026 (Cyprus Mail, 27 Jul 2026). — Source: https://cyprus-mail.com/2026/07/27/ctc-finalises-ermes-takeover-bid

tag:eurotrack.ai,2026:0d25e72c:en 2026-07-24T06:00:00Z

North Holland-based Ton van Kuyk Groep is acquiring the Alkmaar dealer group Klaver Autogroep, comprising Klaver Auto, Klaver Lease and Autoschade Herstel Roos. The deal ends 89 years of independence for the dealer founded in 1937; operations and staff are to be retained. Managing directors Huub Meijer and Elke Klaver cite consolidation pressure in car retail, where scale matters increasingly. No purchase price was disclosed. Second source: bkan.nl. — Source: https://www.automotive-online.nl/management/2026/07/24/ton-van-kuyk-groep-neemt-klaver-autogroep-over/

tag:eurotrack.ai,2026:b1f5cbe0:en 2026-07-24T06:00:00Z

South-west German fashion chain "Yeans Halle" (Trender Jeansmode GmbH & Co. Sportswear Großhandels-KG) filed for insolvency under self-administration on 24 July 2026 — its second filing in roughly 18 months; Steffen Beck was appointed restructuring managing director. The filing affects 13 stores with around 200 employees, including in Stuttgart, Sindelfingen, Ulm, Augsburg and Karlsruhe. The company cites weak consumer demand, rising costs and a 2025 cyberattack; the first set of proceedings had concluded in December 2024. Stores remain open during the proceedings — no closures or layoffs have been announced so far. — Source: https://www.t-online.de/finanzen/aktuelles/wirtschaft/id_101358290/yeans-halle-modekette-aus-dem-suedwesten-ist-erneut-insolvent.html

tag:eurotrack.ai,2026:96549397:en 2026-07-21T06:00:00Z

As became public on 21 July 2026, brothers Iordanis and Ilias Iosifidis, via Joil Holdings, increased their stake in ISN S.A. — operator of Greece's largest convenience-store chain 4all (around 150 stores) — from 26% to 58.9% by buying the co-founding Goulios family's stake, taking control. According to the report the transaction had been agreed about a year ago but only now became public; no purchase price was disclosed. — Source: https://www.cnn.gr/oikonomia/epixeiriseis/story/544635/eksagora-4all-allakse-xeria-i-megalyteri-alysida-convenience-stores-stin-ellada

tag:eurotrack.ai,2026:88da7ac7:en 2026-07-20T06:00:00Z

Rewe has filed its planned acquisition of Allgäu grocer Feneberg — together with the newly formed LEH Allgäu GmbH — with the Federal Cartel Office (reported on 20 July). Around 3,000 employees are reported; the (paywalled) report did not give exact store or headcount figures in its free portion. Update (3 Aug 2026): The takeover covers 72 stores plus the headquarters in Kempten. The Bundeskartellamt's preliminary review ends in mid-August 2026 — one month after the complete filing of 16 July 2026. Without clearance by then, an in-depth review of up to four months would follow. Update (10 Aug 2026): The Federal Cartel Office did not clear the deal but opened an in-depth (Phase 2) investigation — without that step the merger would have had to be cleared the same week. The in-depth review can take up to four more months. The freely accessible portion of the report mentions 35 Feneberg stores going to Rewe; that diverges from the 72 stores recorded earlier and could not be resolved behind the paywall. Source: Lebensmittelzeitung, 10 Aug 2026. — Source: https://www.lebensmittelzeitung.net/politik/nachrichten/bundeskartellamt-rewe-meldet-uebernahme-von-feneberg-an-192175

tag:eurotrack.ai,2026:183667f9:en 2026-07-20T06:00:00Z

The Arié Group (operator of the Perfumes & Companhia chain with around 129 stores in Portugal) is acquiring the Portuguese business of Spanish drugstore/perfumery chain Primor (25 stores, around 900 employees). The purchase price was not disclosed. Second source: ECO/Sapo. — Source: https://www.jornaldenegocios.pt/empresas/comercio/detalhe/dona-da-perfumes-companhia-compra-operacoes-portuguesas-da-primor

tag:eurotrack.ai,2026:d6040744:en 2026-07-20T06:00:00Z

Reported (Handelsblatt exclusive, 20 July, based on internal documents and termination agreements): Zalando is cutting around 200 more jobs at its Berlin headquarters while opening a new office in Bucharest to which functions are to be relocated over time. Zalando did not officially confirm the figure or location. This is a separate move at headquarters and is not the same as the already-recorded closure of the Erfurt logistics centre (11 July). — Source: https://www.handelsblatt.com/unternehmen/handel-konsumgueter/stellenabbau-zalando-streicht-weitere-stellen-und-eroeffnet-neuen-standort/100240999.html

tag:eurotrack.ai,2026:e310fbee:en 2026-07-17T06:00:00Z

Japanese group Seven & i Holdings (7-Eleven) confirmed on 17 July that it is in talks about taking a stake in Polish convenience chain Żabka (around 10,000 stores). No binding decision has been made; figures of several billion USD are reported (unconfirmed). Second source: money.pl. Outcome (25 July 2026): Seven & i Holdings ended the talks about a stake in Żabka without a result. The company said it had been unable to agree terms with the seller that in its view would be in the best interests of Seven & i's shareholders and partners — according to Polish reporting, price was the sticking point. The negotiations thus ended after around eight days; Seven & i still intends to pursue European expansion. Żabka's share price had risen 15.9% at one point on 16 July, to a record level, on news of the talks. — Source: https://www.rp.pl/handel/art44885611-koniec-rozmow-o-przejeciu-zabki-japonska-firma-wycofuje-sie-z-inwestycji

tag:eurotrack.ai,2026:7cba4878:en 2026-07-16T06:00:00Z

GameStop has sold its French subsidiary Micromania-Zing (300+ stores, ~6m customers, part of the group since 2008) to a consortium of four Franco-Québécois entrepreneurs. After months of uncertainty over the chain's future, it is to be repositioned around merchandise, trading cards and pop culture; a flagship store is planned for October 2026. The purchase price was not disclosed. — Source: https://www.journaldunet.com/business/1552775-les-magasins-micromania-zing-ont-ete-rachetes-par-un-consortium-franco-quebecois-de-quatre-entrepreneurs/

tag:eurotrack.ai,2026:2d5e42f9:en 2026-07-16T06:00:00Z

Rakuten is closing its French marketplace subsidiary Rakuten France by the end of 2026; around 180 jobs are directly affected and about 2,500 merchants lose a sales channel. The platform was a long-standing venue for the second-hand book trade, among others. Second source: Mediavenir. Update (1 October 2026): Rakuten France closed its marketplace overnight on 1 October 2026, earlier than the announced year-end; customer accounts remain accessible until 10 November 2026 (MacG, 1 October 2026). — Sources: https://actualitte.com/article/132742/economie/rakuten-france-ferme-fin-2026-le-livre-d-occasion-perd-une-plateforme-historique · https://www.macg.co/ailleurs/2026/09/dernieres-heures-pour-rakuten-france-qui-fermera-ce-soir-minuit-311341

tag:eurotrack.ai,2026:8f355d0d:en 2026-07-11T06:00:00Z

An arbitration ruling of 9 July definitively seals the closure, announced in January 2026, of the Zalando logistics center in Erfurt in September 2026: around 2,100 employees (1,800 permanent staff, 300 temporary workers) are losing their jobs. Zalando is providing €80 mn for the wind-down, €30 mn of which is for the social plan; according to the works council, the company rejected a transfer company. — Source: https://www.ad-hoc-news.de/wirtschaft/zalando-schliesst-erfurt-2-100-jobs-weg-schiedsspruch-besiegelt/69740273

tag:eurotrack.ai,2026:e04b2cf7:en 2026-06-15T06:00:00Z

On 15 June 2026 Kesko agreed to buy the building-services wholesalers Dahl in Sweden and Brødrene Dahl in Norway and Denmark from the French group Saint-Gobain, the largest acquisition in its history. The price is €1.2bn on a debt-free basis, or €1.518bn including lease liabilities; the businesses had sales of almost €2.1bn in 2025 and, according to Kesko, run about 190 outlets with around 2,700 staff. They are to continue as three units under their own brands. The deal is initially financed with a bridge loan from Danske Bank and Nordea (Kesko release of 15 Jun 2026, published by Arctic Today). Update (24 Sep 2026): The European Commission cleared the deal unconditionally; Kesko expects completion by the end of 2026 (Kesko). Update (8 Oct 2026): Kesko plans a rights issue of about €500–700m to refinance part of the bridge loan and has called an extraordinary general meeting for 30 October 2026 (Kesko, 8 Oct 2026). — Sources: https://www.arctictoday.com/%F0%9F%87%AB%F0%9F%87%AE-kesko-to-strengthen-its-technical-trade-by-acquiring-dahls-operations-in-sweden-norway-and-denmark/ · https://www.inderes.fi/releases/k-ryhma-european-commission-unconditionally-approved-the-transaction-in-which-kesko-acquires-dahl-operations-in-sweden-and-brodrene-dahl-operations-in-norway-and-denmark · https://news.cision.com/fi/k-ryhma/r/kesko-suunnittelee-noin-500-700-miljoonan-euron-suuruista-b-osakkeiden-merkintaoikeusantia-dahlin-ru,c4406010

tag:eurotrack.ai,2026:4f4fb840:en 2026-06-11T06:00:00Z

eMAG founder Iulian Stanciu is selling his remaining stake to Prosus (Naspers), which becomes sole owner of the Romanian online retailer; no price is given (The Diplomat, 11 June 2026). Update (7 August 2026): the European Commission cleared the deal as case M.12496 (European Commission, Daily News, 7 August 2026). — Sources: https://www.thediplomat.ro/2026/06/11/iulian-stanciu-sells-his-stake-in-emag-group-to-prosus-announces-new-chapter-as-investor-in-romanian-companies/ · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_1727

tag:eurotrack.ai,2026:8051d98c:en 2026-05-19T06:00:00Z

The IKEA brand owner is cutting 850 jobs worldwide, primarily in support functions; around 300 of them in Sweden. The reasons are weak consumer demand, rising costs and US tariffs, coupled with a low-price offensive. — Source: https://www.retaildive.com/news/inter-ikea-group-layoffs-cut-850-jobs/820614/

tag:eurotrack.ai,2026:6b958236:en 2026-04-20T06:00:00Z

The new owner Quantum Investment Holding, which acquired Hervis from its Austrian owners in January 2026, is focusing on its home market Austria and has sold the subsidiaries in Germany, Slovenia and Croatia. After a review of operations, all 21 stores in Slovenia are to close by the end of July 2026, with about 250 employees losing their jobs; the source cites changing shopping habits. It does not confirm that the closures have been carried out (Eurofound European Restructuring Monitor, April 2026). — Source: https://apps.eurofound.europa.eu/restructuring-events/detail/300287

tag:eurotrack.ai,2026:4ad590c3:en 2026-04-07T06:00:00Z

Finnish retail group SOK is selling the 13 Prisma Peremarket stores it operates in Estonia to Coop Eesti Keskühistu; about 700 employees are to move to Coop and the stores become Coop stores, while the Prisma brand is not part of the deal. Completion needs approval from the Estonian competition authority and is expected in 2026; the parties agreed not to disclose the terms (ERR, 7 Apr 2026). Update (7 Sep 2026): Coop Estonia has completed the acquisition of the 13 stores after the competition authority approved it in May; the conversion to the Coop brand runs in phases until November, around 700 employees transfer and the national market share rises from about 23% to 28% (Eurocoop, 7 Sep 2026). — Sources: https://news.err.ee/1609988682/finnish-sok-sells-prisma-supermarkets-to-coop-estonia · https://eurocoop.coop/coop-estonia-completes-acquisition-of-prisma-peremarket/

tag:eurotrack.ai,2026:075d069b:en 2026-03-20T06:00:00Z

The largest IKEA franchisee is cutting around 800 office jobs in group functions, 625 of them in Sweden. CEO Juvencio Maeztu justifies the move by saying the organisation had become 'too complex'. — Source: https://www.theretailbulletin.com/home-and-diy/ikea-owner-to-cut-800-office-roles-20-03-2026/

tag:eurotrack.ai,2026:721010d8:en 2026-03-09T06:00:00Z

The outdoor retail chain with around 300 stores worldwide is closing its Southampton store (Above Bar Street) on 9 March 2026. This follows closures in Watford and Buckinghamshire in 2025. — Source: https://news-usa.today/uk-high-street-closures-2026-full-list-chains-affected/

tag:eurotrack.ai,2026:617582dd:en 2026-02-18T06:00:00Z

The Hamburg-based retail giant Otto is cutting jobs massively shortly before the generational change in the owning family (the Otto dynasty) – an unusual step for the group and a clear sign of a new era. Under group leader Petra Scharner-Wolff, the Otto Group is to be fundamentally restructured. The Otto Group is one of the largest German retail and services groups, with brands such as Otto, Hermes, Crate & Barrel and around 50,000 employees worldwide. — Source: https://www.manager-magazin.de/unternehmen/handel/otto-group-massiver-stellenabbau-laeutet-neue-aera-ein-a-8ab2ed4b-9bba-4665-a940-da5c4a7c34a6

tag:eurotrack.ai,2026:5abbe6b5:en 2026-02-01T06:00:00Z

Poundland confirms a further wave of closures: 14 stores by early February 2026, which together with 19 previously announced makes 33 additional sites; the restructuring thereby passes 100 closures in total. Reason: restructuring following the takeover for £1 by investment fund Gordon Brothers. The estate of around 800 UK stores was to be reduced to 650–700. Update: the restructuring ended in January 2026 at around 149 closures and 651 remaining stores. — Source: https://www.retailgazette.co.uk/blog/2025/12/poundland-new-store-shut/

tag:eurotrack.ai,2026:128f83ca:en 2026-01-30T06:00:00Z

Ex Libris is being closed down gradually. The 15 remaining Ex Libris branches will be closed by the end of 2026. The online business will be transferred to the Galaxus platform (a Migros subsidiary) by mid-2027. 230 employees are affected; job cuts are 'not ruled out', but Migros wants to offer affected employees jobs within the Migros Group where possible. Ex Libris was founded in 1947 as a book club and has belonged to Migros since 1956. The number of branches fell from 114 (2010) to 15 (end of 2025); revenue from CHF 190 mn to around CHF 100 mn. — Source: https://www.itmagazine.ch/artikel/86443/Ex_Libris_macht_dicht.html