AGP Executive Report
Last update: 8 hours agoRetail Security: Cyberattacks on supermarket refrigeration systems have hit Germany and other European countries, prompting EU warnings of possible food-supply disruption. Electronics Retail: The EU conditionally approved JD.com’s $2.5 billion takeover of Ceconomy, owner of MediaMarkt and Saturn, with safeguards over foreign subsidies. Shopping: VIA Outlets won approval to expand Zweibrücken Fashion Outlet by 7,450 square metres, adding room for more premium and international brands. Prices: Eurozone inflation rose to 4% in October, driven by energy and food costs. German craft businesses also warn that rising energy, materials and wage costs are pushing up prices for customers.
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