(AOF) – Kohl’s jumped 10% in pre-opening of Wall Street. The department store brand has entered into exclusive negotiations with Franchise Group for a possible takeover for $60 per share. This confirms press information reported last week by the Wall Street Journal.
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The explosion of “dark stores”
Eight players have entered the express delivery niche. The pioneers – the French Cajoo, the British Dija or the Germans Flink and Gorillas – must now face the Turkish Getir and the Russian Yango Deli. These players compete in speed to open “dark stores”, surfaces of 300 to 400m
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on the ground floor where the orders are prepared. Sign of the vitality of this activity, the Turkish Getir raised in June 2021 460 million euros, which values the company 6.3 billion, or almost half of the valuation of Carrefour… Traditional distributors react: Carrefour has acquired a stake in Cajoo and 900 of its stores also offer express shopping delivery (between 20 and 40 minutes).