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After 3 mall openings last year in China, the subsidiary of Ingka Group (whose turnover reached €37.4 billion as of August 31, 2021, up by 6%) is continuing expansion and announced the...

28 January 2022

Victoria’s Secret cedes control of China

On Jan. 25, 2022, Victoria’s Secret (VS) announced a joint venture in China, 49% owned by Chinese rival Regina Miracle and 51% owned by the company.

28 January 2022

Mango moves to 5th Avenue

Mango (€1.84 billion in sales in 2020 including 42% online) will open in the first half of 2022 a 2,100-sq.m and three-level flagship store in Manhattan (711 Fifth Avenue).

28 January 2022

Consumer reviews. Fashion Nova pays a US$-4.2 million settlement to FTC

On January 26th, 2022, U.S. retailer Fashion Nova (US$ 615 million in 2020) has payed US$ 4.2 million to the Federal Trade Commission. According to the FTC, the California-based company used...

28 January 2022

Shopify and JD.com launch in the Chinese market

On January 18th, the Canadian firm Shopify, which provides retailers with software to build and operate an e-commerce site, concluded a major agreement with the Chinese JD.com.

27 January 2022

Decathlon: managerial audacity follows a strategy

Barbara Martin Coppola (aged 45) will take over as C.E.O. at Decathlon in March 2022. A telecoms engineer by training (critical in the race in digital transformation), the former C.D.O. of...

27 January 2022

Wang Ning, Chinese toy specialist, lands in London with Pop Mart

Aged 35, Mr. Wang Ning made his fortune with an improbable bet: selling toys (figurines and dolls) in surprise bags. In 2020, his company Pop Mart recorded a turnover of US$382 million, up by 49%...

27 January 2022

Wholesale. Metro AG explores the future of its Indian subsidiary

In India, the German Metro AG is weakened by the brazen disruption of the pure-players JioMart (Reliance Retail) and Udaan.

27 January 2022

Israel. The start-up Placer.ai raises US$100 million

Founded in 2018, the Israeli start-up which specialises in traffic data over commercial areas was valued at US$1 billion after a funding round on January 12th, 2022.

26 January 2022

Good Food Holdings. “We are in the early stages of selecting dark stores”

In the U.S.A., supermarket chain Good Food Holdings operates 51 stores. According to C.E.O. Neil Stern, inflation, staff shortage and higher wages encourage retailers to automate operations.

26 January 2022

Retail Media. Tesco and Best Buy opt for an omnichannel approach

Faced with both development of e-commerce and restrictions on third-party tracking cookies on mobile technology, retailers continue to develop their own solutions to monetise transactional data.

20 January 2022

Exotec raises US$ 335 million to double in 12 months

Robotics is gaining momentum in retail. The manufacturer of automation solutions for warehouses Exotec (300 employees, €100 million turnover expected in 2021) has raised US$335 million from...

20 January 2022

Bed Bath & Beyond is closing 37 stores

In the USA, a market more saturated than the European commercial sq.m, expansion strategies have ceased, reflecting a big shift of investments towards technology and e-commerce.

20 January 2022

Inclusion. In the Netherlands, Ikea is committed to refugees

While the theme of diversity and inclusion was one of the main focuses of NRF 2022, Ikea plans to train 70 people with a refugee background in the Netherlands by way of a three-month paid work...

20 January 2022

U.S.A. Companies request a national framework for use of online data

In the United States, the IAB, which represents advertising technology providers, the ANA, which federates the main advertisers, and several dozen chambers of commerce from different states, sent...

20 January 2022

Property. “Quick commerce” is driving up prices in London.

A booming online food delivery sector has caused commercial property rental values to soar in London. As Getir, Gorillas and Zapp multiply networks of “dark stores”, prices per sq.m...

20 January 2022

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Danone turns to AI to personalise marketing campaigns and test advertising in ChatGPT

AI is being rolled out across some marketing activities, while others remain in a testing phase. If campaign automation and personalisation are among the most advanced applications, visibility in...

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