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Many international retailers miscalculated the consequences of a wave of Chinese patriotism in a country with a population exceeding 1 billion. According to a study from Brunswick Group of June...

14 November 2019

Metro AG and Costco in opposite moves in China

The German wholesale retailer Metro AG agreed to sell a majority stake in its Chinese operations to Wumei Technology, which owns 1,000 stores (under the Wumart brand notably) with annual sales of...

14 November 2019

Electro Man, The Concept of The Month

In Seoul, we visited the Electro Mart store in the Starfield Hanam Mall. Electro Mart is part of E-mart, South Korea’s largest diversified retailer (US$15.5 billion revenue in 2018, a rise...

14 November 2019

India’s new protectionist laws threatens Walmart

In India, Amazon and Walmart, owner of Flipkart, are in the target cross-hairs aimed by ‘Kiranas’, who are traditional family shops that sell a little of everything on every street...

14 November 2019

Eden Park aims to win an African bet

Following Setif and Oran, the menswear brand Eden Park (sales of €60 million in 2018, up by 3% year-on-year) opened on October 19, 2019, a 3rd Algerian store, near the newly opened Decathlon...

14 November 2019

Saudi Arabia bets on retail and tourism

Saudi Arabian unemployment passed 12% in late June 2019. This represents over a million people seeking work, including 30% of these aged between 25 and 29. In the current context of economic...

14 November 2019

Jumia on a tightrope

According to Standard & Poor’s, African e-commerce leader Jumia Technologies recorded a share price fall of 29% in September 2019. This follows, among other pressures, a Bloomberg...

14 November 2019

Costco shows it can win customers with rising sales

In the quarter to September 1st, 2019, the U.S. warehouse retailer reported revenue of US$47.5 billion, a combination of net sales and membership fees. Costco’s comparable sales (those from...

14 November 2019

Amazon signs property leases

Eager to open a chain of grocery stores in the U.S., Amazon signed leases for more than 12 stores in Los Angeles. Amazon is buying spaces between 1,800 and 3,700 sq.m. within strip centres and...

14 November 2019

U.S. An anti-Amazon alliance in pet-food

There may be an alternative path for retailers to escape the Amazon steamroller. In the U.S.A, the Group created by Jeff Bezos controlled 38% of total online sales in 2019 (source: eMarketer, data...

14 November 2019

Carrefour-Brazil invests with digital wallets and reduces store management

In Brazil, Carrefour (453 stores, sales of €10.2 billion in the 9 months to September 2019 as rise by 6% like-for-like) invested in 49% of Ewally, a company in Sao Paulo that specialises in...

14 November 2019

Galeries Lafayette affirms ambitions in Shanghai

In late October 2019, the 2nd Galeries Lafayette store opened in Shanghai. Covering 25,000 sq.m GLA, it is located in the Lujiazui business district in Pudong, within the L + Mall. According to...

14 November 2019

Kingfisher adds to the top team

Thierry Garnier, who replaced Veronique Laury as C.E.O. of Kingfisher in late September 2019, created a new role for John Wartig, a seasoned financial expert who joined Kingfisher as interim...

14 November 2019

Circular economy and home appliances. Boulanger shows the way

The circular economy, increasingly valued in fashion, is spreading in all retail sectors and especially home appliances. Like its American counterpart Home Depot (encouraging the recycling of...

14 November 2019

The furniture sector is looking for new balance

As the world’s biggest furniture retailer Ikea continues to show audacious growth, mid-size rivals struggle in Europe. Conforama is currently being restructured (40 store closures), a...

14 November 2019

Central Retail from Thailand and Signa advance pawns in Austria

The KaDeWe brand will open a 4th department store in Vienna, Austria. This is due for the autumn of 2023 in the Mariahilfer Strasse over a sales area of 58,000 sq.m. The building is owned by the...

14 November 2019

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Faced with rising customs tariffs affecting US imports, several retailers have built up significant inventories. Over a year, the stocks of Gap, Levi’s, Lululemon, Ralph Lauren and Academy Sports...

27 October 2025

France and Italy urge Shein to reassess a business model

While Shein continues to spark controversy through partnerships with Pimkie and BHV department stores (SGM), Italy announced plans to introduce a tax on Asian e-commerce platforms. In France, the...

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Faced with debt and declining sales, Fossil files for bankruptcy

Competition from Apple and Samsung in the smartwatch segment, collapsing sales, customs tariffs… Cornered with a debt of US$179 million, Fossil has filed several bankruptcy petitions in the U.S.A...

29 October 2025

EU: Omnibus bill stalled in Parliament

On October 22, MEPs rejected by a narrow majority the negotiating mandate that would have allowed trilogue negotiations to begin on the omnibus directive watering down the CSRD and duty of care...

27 October 2025

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ChatGPT reaches a milestone: 10% of conversations are about shopping, clicks surge

As the use of OpenAI’s search engine becomes part of daily life for more than 40% of Internet users according to Yext, U.S. research firm Sensor Tower has analysed prompts related to shopping. At...

13 October 2025