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Landlord Simon Property saves tenant Forever 21
Involved in a fierce expansion strategy including a takeover of rival Taubman Centres for US$3.6 billion, the property landlord Simon Property Group (200 malls and outlet centres in the U.S.)...
- Retail
- News brief
18 March 2020
Underwear. L-Brands transfers control of Victoria’s Secret
Eager to ease debt pressures, the U.S. underwear retailer Victoria’s Secret has been transferred to Sycamore Partners and delists from the stock market. The investment fund takes 55% of the...
- Retail
- News brief
18 March 2020
In the U.S.A. and in Europe discount and e-commerce do not mix
The U.S. discount fashion retailer Burlington Stores (turnover of U$2.2 billion during the quarter to late January 2020, via 720 stores in the U.S. and Puerto Rico) announced a closure of the...
18 March 2020
Beauty retailer Natura & Co. posts solid results
In Brazil, the cosmetics giant Natura recorded a solid performance in the 4th quarter of 2019, with sales of US$1 billion, a rise of 7.3%. Adjusted E.B.I.T.D.A. grew by 12% to US$177 million...
- Retail
- News brief
18 March 2020
Ingka Group. “Instead of building malls, we are looking to buy existing urban assets”
While Ikea has clearly prioritised city centre formats, Sophie Baqué met Jan Kristensson, in charge of the brand's real estate strategy.
- Retail
- News
18 March 2020
Retail Property. Time for asset reshuffle has come
Across Europe, retail property companies are reviewing portfolios to adjust to a fluctuating context. E-commerce is gaining market share and the retail property market is become less resilient and...
- Retail
- News brief
18 March 2020
Ace & Tate adds sustainability and physical stores
The Dutch eyewear direct-to-consumer brand Ace & Tate launched in 2013 as a pure-player, but now operates more than 50 fully-owned stores across 10 European countries. The latest innovation is...
- Retail
- News brief
18 March 2020
Edeka Zurheide, The Concept of the Month
Whilst supporting ‘Euroshop’ G.R.N. reviewed the very high-end supermarket Edeka Zurheide (on Berliner Allee, 10 minutes from Düsseldorf central station). Halfway between retail...
- Retail
- News brief
18 March 2020
Omnichannel and trade-focused concepts fuel D.I.Y. growth
In 2019, the British trade-focused retailer Toolstation (part of Travis Perkins retail group) posted total sales up by 26% via 400 stores. Like-for-like sales grew by 16%. In the U.K., the store...
18 March 2020
Portuguese giant Jeronimo Martins has sights on Romania
The Portuguese grocery retailer (sales of €18.6 billion in 2019, up by 7.5%, and a rise of 7.9% in net profit to €433 million) continues expansion into Eastern Europe. Whilst Portuguese...
- Retail
- News brief
18 March 2020
Asia and omnichannel boost growth for Decathlon and Intersport
Europe’s biggest sporting goods retailer, Decathlon, raised the competitive bar in 2019 with turnover of €12.4 billion, a rise of 9%. Revenue growth was almost twice as fast as in 2018...
- Retail
- News brief
18 March 2020
Retailers face an enforced halt to business
Non essential store operations are closed by governments whilst grocery retailers struggle with exploding demand, both online and in stores. Retailers have tough questions as they face a temporary...
Will 2020 be better for British C.E.O.s?
According to a study from Korn Ferry amongst British retail executives, C.E.O. turnover has increased by 25% in the retail industry in 2019, reaching a 7-year high. A total of 55 C.E.O.s changes...
- Retail
- News brief
18 February 2020
H&M names new female C.E.O.
In an industry reliant on women as customers, the Swedish fashion retailer Hennes & Mauritz placed an unusual bet by appointing a seasoned woman executive at the top of the corporate ladder...
- Retail
- News brief
18 February 2020
Tupperware is banking on omnichannel
In New Delhi, the American manufacturer of kitchenware Tupperware announced 100 new sales outlets for 2020. In India, the brand operates stores in different cities, and now sells in almost 100...
- Retail
- News brief
18 February 2020
The E.U. opens its doors to Vietnam
The European Union has agreed to open its markets to Vietnam, while closing doors to Cambodia. This rewards Hanoi for progress in terms of labour guarantees and punishes Phnom Penh for human...
- Retail
- News brief
18 February 2020
Our mind news
While his start-up shakes up an array of players focused on product data management solutions, Edouard Margain, Co-Founder of Upsellr, shared with us at NRF Europe the results of the data...
- Retail
- mind Exclusive
- Retail tech
19 September 2026
While at NRF Europe, Hanshow revealed a major contract with one of the U.S. retail giants to mind Retail, its smart trolley has yet to prove a market match. A hardware-focused strategy that raises...
- Retail
- mind Exclusive
- Retail tech
18 September 2026
The Hygie31 retail group, known for the Lafayette Pharmacies, is continuing to transform its websites, driven by Cocooncenter. Thanks to an AI strategy and a fully redesigned IT architecture, it...
10 September 2026
By launching a conversational chatbot with Algolia and a new module converting school lists into e-commerce carts this summer, Bureau Vallée aims to ease the chore of back-to-school supply list...
10 September 2026