The announcement of the Russian hard-discounter Mere on its conquest of Western Europe caused a bit of a stir. On paper, the pure discount model has a chance of being successful. But so far, the company seems to lack the power of action. RetailDetail investigated the matter.
What happened
Online fraud through fake online stores is eroding consumer confidence in e-commerce. In the Netherlands, the sector is therefore launching a counteroffensive with a new tool that identifies and addresses scam online stores and fake brand domain names at an early stage.
Why it matters
The Spanish discount retailer PrimaPrix is closing its three stores in Lille, northern France. As a result, the French store network will shrink from 31 to 28 locations; this marks the first major downsizing since the chain launched in France in 2022.
Broeklin Brussels announces its first tenants. Following Celio, Neuhaus, Xandres, and Jimmyz Burgers have now also confirmed they will be joining the shopping project in Machelen. Meanwhile, construction has begun.
This news brief is based on reporting published by RetailDetail on 2021-07-06. The original report is linked below.
RetailDetail
https://www.retaildetail.eu/news/general/big-ambitions-little-action-quo-vadis-mere/This independent news brief is based on the public source identified above. It is an original summary or translation, not a reproduction of the source article. Rights in source text, research, trademarks and images remain with their respective owners; images are used under the licence or permission identified in the credit. Rights holders may contact rights@goodproductasia.com with evidence of ownership. Verified concerns will be corrected, replaced or removed promptly. This report is not investment, legal, medical or purchasing advice.
