German consumer confidence hit its highest level in a year, data showed on Tuesday, fuelled by households' rising income expectations despite the eurozone debt crisis.
An ongoing legal struggle over whether the label <i>Biomineralwasser</i>, "organic mineral water," misleads consumers will go all the way to Germany's top court, it emerged Tuesday.
Werner Otto, a German trailblazer in the mail order catalogue business, whose Otto Group grew from selling a small range of shoes into an international retail and services venture, has died aged 102, his group said Tuesday.
Two leading sentiment indicators in Germany released good news Tuesday, bringing a touch of Christmas sparkle to the pall of gloom currently enveloping the eurozone.
Retail sales have increased slightly this past week over the past two weeks and stores are expecting further increases heading into the final shopping days before Christmas, the German trade association said Sunday.
Germany provided a rare ray of light in the eurozone gloom on Wednesday, with record low unemployment and surprisingly good retail data showing Europe's top economy is holding up well in the crisis.
German consumer confidence is holding up in the face of the eurozone debt crisis as rising employment and incomes helped to offset looming recession fears, a poll found on Monday.
German commuters are being confronted with the first smart-poster shops in Europe – which have a scan-and-go procedure for smartphones allowing purchases to be made while waiting for a train.
Prosecutors investigating corruption in Europe’s biggest consumer electronics chain have arrested five people, including a top manager and his wife – over allegations of massive bribery.
German unemployment was unchanged in August at 7.0 percent of the workforce, while retail sales were flat in July, official data showed Wednesday as Europe's biggest economy tried to find its footing.
German consumer sentiment has been hit by the transatlantic debt crisis and fears of a new recession, falling to its lowest level since late last year, the GfK research institute said Thursday.
Germany's Metro, one of the world's largest retailers, posted disappointing second-quarter results on Tuesday that underscored weak western European markets and problems at the group's electronics outlets.
Germany's deadly E. coli crisis in May and June hit sales at the country's big discount grocery chains the hardest, according to a new study. Organic food shops actually benefited from the outbreak at first.
Following a small explosion in an IKEA store in Dresden on Friday evening, the German headquarters of the Swedish home furnishings chain is calling on all branches in the country to be extremely vigilant.
A soaring number of Germans are working in so-called “mini-jobs,” according to official figures that show another side to the booming economy, media reported Tuesday.
German consumer sentiment has been hit by fears of inflation and an unsettled international environment, causing the first dip in an important confidence index in 10 months, the GfK institute said Tuesday.
Metro, the third biggest global retail group, posted solid 2010 results Tuesday but could now be hit by government austerity measures, political unrest and effects of Asian catastrophes and nuclear crisis.
The nuclear crisis in Japan has apparently sparked German angst about radiation in faraway Europe. Geiger counters are sold out across Germany, a media report said Wednesday.
A Shakespearean robot, the world's most merciless alarm clock and "intelligent" cocktail shakers were among the gadgets wowing visitors at the CeBIT high-tech fair on Wednesday.
Sportswear maker Adidas saw a dramatic jump in its net earnings in 2010, thanks in large part to the World Cup in South Africa and strong growth at its US subsidiary Reebok, the company reported on Wednesday.
Always window shopping but never stopping to buy? In the future you can do both with new technology allowing you to point through the window at items and buy them with a swish of your hand.
