Belgian supermarket chain Cora has announced the closure of all of its seven hypermarkets in Belgium by the end of 2026. According to sources, the company, which is part of the Louis Delhaize Group, took the decision due to a decline in purchasing power, the popularity of online shopping, foreign competition, and the decline of the hypermarket format. The retailer reportedly implemented a number of initiatives to boost sales but was not …
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Carrefour France and Cora / Supermarches Match have announced the signing of an agreement which will see the two retail chains enter into a cooperation arrangement on purchasing. Cora France operates 59 hypermarkets, mainly in the northern and eastern regions of France and generated revenues of €5 billion in 2013. Supermarches Match has 140 supermarkets, also in northern and eastern France, and has annual revenues of around €1.2 billion. The …
Cora is trialling a new hypermarket concept placing greater emphasis on in-store promotions and discounting. Promoted with the slogan “lowest prices in the region,” it highlights in-store promotions by grouping them together in a dedicated aisle. The idea has been unveiled at Cora’s site in Hornu, Belgium. Using ground floor lighting, a colour code indicates the various types of promotional activity: blue for discounted products, yellow for falling prices, and …
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