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South African headache for Walmart
Ahead of publication of annual results on February 27, 2020, Massmart Holdings (owned at 52% by Walmart and controlling chains such as Builders Warehouse, Makro, Game or Jumbo Cash and Carry)...
18 February 2020
Philips. From home appliances to health technology
As a former leading manufacturer of home appliances, Philips is reviewing ownership options for its home appliance business as it is no longer a strategic fit for the future. The Dutch firm (total...
18 February 2020
Casino about to sell discount business
Casino, owner of the hard-discount retailer Leader Price since 1997 is intending to sell the French network of 700 discount stores to Aldi as part of drastic debt reduction plans. The deal would...
18 February 2020
Carrefour is investing in Brazil
In mid-February 2020, the French grocery retailer announces its expansion in Brazil via the acquisition of 30 “cash & carry” stores (banner Makro Atacadista) for US$450 million. In...
18 February 2020
Intersport. “Each store ships from 40 to 70 packages per day”
GRN: Please present Intersport’s omnichannel strategy…Michaël Alimi: Intersport is a sporting goods retailer with 450 stores in France. We launched e-reservation in 2016 and...
18 February 2020
Property. Sephora focuses on convenience
Eager to gain traction in North America and to compete with aggressive rival Ulta Beauty, Sephora will open around 100 medium-sized stores covering around 370 sq.m in the United States and Canada...
18 February 2020
Department stores. It is time for another reshuffle
The department store sector is facing increasingly rough times across Europe in parallel with e-commerce growth. In the U.K., the British high street crisis has already hit department store...
18 February 2020
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
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NRF Europe: 2026 edition records fall in exhibitors and attendance
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Seizure of Auchan Retail’s assets in Russia penalises a risky gamble
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