Supermarkets across several European countries have been forced to discard large quantities of food after a cyberattack targeted their refrigeration and freezer systems. Belgium and Luxembourg were among the worst affected, with around 40 Delhaize supermarkets reporting damage. Similar incidents were also reported in Sweden, Ireland, the Netherlands, Estonia and Finland,
Supermarkets across Belgium, Luxembourg, Sweden and Estonia have reported cyberattacks targeting their refrigeration and freezer systems, causing temperatures to rise in several stores. Retailers Ahold Delhaize and Colruyt confirmed that an IT incident affected cooling systems in dozens of stores overnight. Belgian SPAR outlets were also among those impacted, with five
German sportswear giant Adidas raised its full-year profit forecast after reporting a record third-quarter operating profit, supported by a US tariff refund and strong full-price sales. The company’s operating profit rose 37% to €1.008 billion from €736 million in the same period last year, according to Reuters on October 20, 2026. Adidas received approximately €200 […]
With extraordinary foresight, relentless drive and an instinctive understanding of consumer aspirations, Gopu Nandilath has transformed a modest 3,000 sq ft electronics store into an expansive retail empire. Today, Gopu Nandilath G-Mart commands a formidable presence with 66 outlets across Kerala, redefining the way the state shops for consumer durables while earning an
The prestigious Manappuram VPN IBE Awards 2026 was held on June 23, 2026, at the Gokulam Park Hotel & Convention Centre, Kochi, honouring distinguished personalities who have made remarkable contributions to business, technology, retail, innovation, and cinema. The awards were presented by Shri V. P. Nandakumar, Chairman & Managing Director of Manappuram Finance
Europe’s retail industry is bracing for renewed pressure as rising energy prices linked to the ongoing U.S.-Israeli conflict with Iran threaten to push operating costs higher. Retail stocks, including Zara owner Inditex and Britain’s Marks & Spencer, fell as investors warned that higher fuel and gas prices could hurt an already fragile sector. The industry […]





