German discount grocer Aldi plans to open at least 75 stores in the United States in the coming year, hoping to draw traditional Wal-Mart shoppers to even cheaper deals during the economic downturn, The Wall Street Journal reported on Tuesday.
German retail sales probably contracted last year on a so-called real, or adjusted basis, the national statistics office said on Friday, after releasing provisional data for the month of November.
Extra measures by the German government to stop Europe's biggest economy slipping into its worst post-war recession may be considerably smaller scale than expected, newspapers reported on Wednesday.
German retailers are satisfied with their Christmas business, Josef Sanktjohanser, president of the Association of German Retailers (HDE), said Wednesday morning.
The recession is catching up with German consumers, causing their confidence has stagnated following three straight months of gradually growing optimism, a poll released on Monday showed.
German discount retailer Lidl has started selling camcorders that are digitally linked with daily tabloid <i>Bild</i>, making voyeurism easy for the amateur reporter, daily <i>taz</i> reported on Thursday.
German discount retailer Lidl apologised Thursday after media reports revealed staff at one of its Swedish stores had poured poison on discarded goods to ward off homeless people searching for food.
The German sportswear company Puma posted on Friday stable third-quarter results despite weaker economic activity worldwide and raised slightly its 2008 sales outlook, but still failed to convince investors.
Metro, the biggest German retailer and number two in Europe, published figures on Thursday showing it had been hit by cautious shopping, and growth slowed in the third quarter.
A Magdeburg clothing store that carries the âThor Steinarâ brand favoured by German neo-Nazis must close its doors after a higher regional court rejected an appeal to an earlier eviction ruling on Tuesday.
Weeks of daily protests by left-wingers outside a neo-Nazi clothes shop in Hamburg have reportedly resulted in forcing the owner to accept a pay-off to move out.
Germany's leading retailer Metro is to slash "hundreds of jobs" across the country as part of a radical restructuring plan, according to a newspaper report.
German retail sales posted a surprise jump in August as energy prices eased, but analysts were divided over whether the boost would prevent Europe's biggest economy from falling into recession.
Every fourth German butter product is âimpure,â according to test results released by consumer advocacy group <i>Stiftung Warentest</i> on Thursday.
The German department store Karstadt will cut up to 450 administrative posts at its headquarters in western Essen, a company spokesman said on Tuesday.
High energy and food prices kept Germans out of the shops in July, data showed on Monday, the latest in a series of worrying signs for Europe's biggest economy.
Adidas, the second biggest sports equipment maker, posted Tuesday a 12 percent increase in second quarter net profit, although its troubled US unit Reebok saw first-half sales fall by 11 percent.
The German department store chain Hertie said on Thursday it had filed for insolvency and signalled signalled problems with one of its owners, the British financial group Dawnay Day.
German coffee maker and retailer, Tchibo, is testing a new format involving larger stores with a wider selection of retail goods that are stocked for longer periods.
Discount grocer Aldi will begin selling a bargain mini notebook computer for âŹ399 across the country on Thursday, unleashing a potential buying frenzy amongst notoriously frugal German shoppers.
German sporting goods manufacturer Adidas is suing American discount retail giant Wal-Mart for trademark infringement, German daily <i>Handelsblatt</i> reported on Wednesday.
