American investment bank Goldman Sachs is set to make a bid for the insolvent Karstadt department store group, with a view to keeping the chain operating.
The Local’s series “Made in Germany” presents the best the country has to offer. And what better way to get things off on the right foot than by profiling the iconic Teutonic footwear maker <b>Birkenstock</b>?
Germany's third largest global retail chain Metro said Friday that its first quarter sales and pre-tax profit edged higher owing to a pick-up in many of its markets.
Some German meat producers are swindling their customers, probably using a “meat glue” to adhere various bits of cold cuts together, a media report said this week.
German consumer sentiment has stabilised after a five-month slide, helped by government efforts to limit the damage from the global economic crisis on employment, the GfK research group said Thursday.
Grocery discounter Lidl is making an unexpected pitch for the introduction of a minimum wage in the retail sector, business daily <i>Financial Times Deutschland</i> reported Wednesday.
Two people have died in Germany from eating contaminated Austrian cheese that has sparked a massive product recall and consumer warning, authorities announced on Tuesday.
German retail sales fell by 1.8 percent last year, final figures released Tuesday by the national statistics service showed, the biggest decline since euro notes and coins were introduced in 2002.
Is the German penchant for cheap eats threatening more than the country's miserly gullets? AFP's <b>Frederic Happe</b> reports on how the trend towards budget victuals is affecting food producers.
The discount grocery chain Lidl has announced a product recall of two types of cheese it sells after finding the presence of bacteria that can be deadly in some cases.
Germany’s federal competition watchdog raided the main offices of almost every large retail food and drugstore chain in the country on Thursday on suspicion of price-fixing. Among them were Edeka, Lidl, Metro, Rewe and Rossmann.
The German retail giant Metro, number three worldwide, said Tuesday that 2009 sales fell by 3.6 percent to €65.5 billion ($95 billion), a result of negative foreign exchange rates.
German retail sales fell by around 2.0 percent in 2009 from the previous year, an official estimation said Thursday as consumption fared better than Europe's biggest economy in general.
A row between a 74-year-old man and a 35-year-old woman over a supermarket cart in Aachen escalated into a violent altercation in which two people required emergency treatment.
German retailers are still waiting for a breakthrough in their Christmas shopping business. The past week there has seen a continuing instability in sales, a spokesman for the German Retail Association (HDE) revealed.
Holiday shoppers are digging deeper into their wallets than expected this year despite the tough economy, a German retailer association said on Tuesday.
Holiday shopping went horribly wrong for an elderly woman in Hamburg after she was severely injured when an artificial Christmas tree fell on her, authorities reported late on Tuesday.
Products from former East German states have “recaptured” their place on supermarket shelves, according to a quality test by the latest edition of Frankfurt-based consumer magazine <i>Öko-Test</i>.
Deutsche Bahn on Wednesday announced a special €20-ticket in celebration of the 20th anniversary of the fall of the Berlin Wall – but they will only be available for a limited time.
Small general stores are making a comeback in German villages because residents are no longer willing to drive long distances to remote supermarkets, news magazine <i>Der Spiegel</i> reported on Tuesday.
