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RetailDetail telex: retail news from the Benelux and beyond

14:05: German department store chain Galeria Karstadt Kaufhof is planning to close 62 of its stores, significantly fewer than the 80 stores that were mentioned just last month. 12:21: Henk Jan Beltman, owner of slave-free chocolate producer Tony's Chocolonely, was arrested on suspicion of having sprayed his company's name, along with the slogan Black Lives Matter, over a statue of Jan Pieterszoon Coen - a president of the Dutch East India Company with a particularly vicious reputation. 10:08: Lidl Belgium wants to reduce its carbon footprint by a third by 2030, but says it has done almost all it can already. As there are still major sustainability gains to be found at its suppliers (especially producers of milk and meat), the discounter will send climate advisers to help them reduce their footprint. (Dutch version) 09:06: Another blow for Belgian fashion group FNG, as local newspaper De Standaard reveals a "strange transaction" in which someone - according to the newspaper itself, someone with ties to Dutchman Rens van de Schoor - sold 1.4 million shares to the fashion group at a price that was way too high. The group would have incurred a loss of 25 million euros on that transaction.   News telex 18 June 15:16: Russian supermarket chain Vkusvill has recently opened its first store outside of Russia in Amsterdam, and is now looking to continue that expansion - either through a second store in Amsterdam or in a different Dutch city. 14:03: French luxury group Kering has given actrice Emma Watson a place in its management board. The goal is to emphasise Kering's efforts to become more sustainable, surfing on Watson's credentials as an activist for a better (more equal, more sustainable) world. 12:16: Tesco is selling its activities in Poland, after doing the same to its Asian activities earlier this year. The British retailer wants to focus on countries where its market share is higher (the United Kingdom, Ireland, Hungary, Czechia and Slovakia).

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News telex