Colruyt, a Belgian supermarket chain primarily focused on discount retailing, is opening a new ‘deli’ concept store with the aim of showcasing quality artisanal produce. According to De Standaard, the store, named ‘Cru’, will not have a discount focus and will instead replicate the feel of a farm shop – from the rustic ‘farm’ styling through to the layout: the space is primarily given over to fresh food departments such …
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Colruyt
Belgian retailer Colruyt has issued a profit warning after revenues failed to grow as expected in Q3, Just Food reports. Net profit for the year to March is expected to be down on the previous year when net profit totalled €EUR353.7, up 31% on 2012/13. “In the last months revenue has been increasing less rapidly than in the first six months of this financial year,” a Colruyt spokesperson commented. Colruyt’s …
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