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ECE founds a subsidiary in China
This is an unusual move within the retail property industry. In mid-January 2020, the German property owner ECE (€32.3 billion of assets under management, including 195 shopping malls)...
18 February 2020
DIY / garden retailing. The race to lead is on
In Europe, the huge D.I.Y. and gardening markets (value of €400 billion) have two caracteristics : half of the sales are in B-2-B and they are untouched by digitalisation. This shows a high...
18 February 2020
IS DATA PRIVACY THE NEW PILLAR OF THE U.S. AGAINST CHINA?
In just 12 months, the U.S. retail landscape changed its attitude regarding protection of private data. Some experts go even further, comparing Western democraties and ‘Chinese autocracies’ run...
18 February 2020
Ikea. Change of perimeter in the UK
In the United Kingdom, the world’s largest furniture retailer Ikea (turnover of €41.3 billion for the financial year ended August 2019, + 6.4%) is adapting its store fleet to e-commerce...
18 February 2020
3 questions to Otto Ambagtsheer, C.E.O. of Via Outlets
“Second-hand products and outlets have a natural connection”
18 February 2020
Wrist watches. Apple beats traditional Swiss sales
Although Apple does not confirm unit sales, Market research firm Strategy Analytics estimated that Apple sold a total of 30.7 million Apple Watch units in 2019. The entire Swiss watch industry...
18 February 2020
Coronavirus impacts global retail
China was hit by a new Coronavirus epidemic in December 2019. To date, the virus caused the death of at least 1,800 people before spreading abroad. From Wuhan, the epicentre of the epidemic, to...
18 February 2020
Advertorial. “In future, 80% of e-commerce will come from grocery stores”
With electronic labels and anti-breakage surveillance cameras, SES-imagotag optimises store operations.GRN: After the NRF Big Show, SES-imagotag is exhibiting at EuroShop. What is your vision of...
18 February 2020
Amazon moves to global n°3 retailer
Fresh from the Retail Big Show, Deloitte publishes a detailed study of the World’s top 250 retailers. G.R.N. considers the results. What are the main trends forming international retail? The...
18 February 2020
Carrefour bets on picking robots in the Gulf
For more efficient grocery e-commerce, small back-office sites heavy with automation and housed in the back of current stores have become a priority for many retailers. Eager to process online...
11 February 2020
Canada Goose. From a family company to a luxury brand
Founded in the 1950s in Toronto, Canada Goose (revenue of US$222 million for the quarter to September 2019, +28%) started as a company initially specialised in professional cold weather wear like...
14 January 2020
A woman is the new boss at Majid Al Futtaim malls
In December 2019, Mrs Shireen El Khatib, a 25-year veteran retail executive, has been appointed C.E.O. of Majid Al Futtaim (MAF) Shopping Malls. She will lead a portfolio of 26 malls in the Gulf...
14 January 2020
JD.com bets on experiential for brick-and-mortar
The Beijing-based online retailer JD.com (revenues of US$18.9 billion in Q3 2019, up by 28.7%) unveiled a huge 50,000 sq.m. store located in Chongqing, China. Opened on 11th November, known as...
14 January 2020
China. H&M partners with YCloset for rental program
The Stockholm-based fashion retailer H&M (revenue of US$6.41 billion in Q4 2019, operating 4,972 stores) announced in December 2019 that it is launching a 3-month rental pilot program in China...
14 January 2020
Harrods to open first Chinese stand-alone store
British department store Harrods (a subsidiary of Qatar Holding LLC and a turnover of €987.6 million for the year to February 2019, a rise of 1%), will open a first store in Shanghai in 2020...
14 January 2020
Tesco seeks buyer for Asian businesses
Tesco is Britain’s biggest retailer by sales with US$75.3 billion annual revenue in the year to February 2019. This is a rise of 11.3% and includes the Booker merger. The firm operates 6,767...
14 January 2020
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With turnover down by 5.3% over 9 months, URW announces departure of Jean-Marie Tritant
In parallel with the release of 2025 3rd quarter results showing decreasing sales, Unibail-Rodamco-Westfield is initiating a major governance change. Chairman Jean-Marie Tritant, will step down at...
27 October 2025