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Marks and Spencer (see G.R.N. October 2018) led the way when Jeremy Pee moved from Loblaw to M&S as Chief Digital Officer (C.D.O.). Reflecting similar innovation, Ahold Delhaize has appointed...

15 February 2019

Amazon is the world’s 4th largest retailer by sales

The 22nd edition of the “Global Powers of Retailing” survey from Deloitte showcases how the 250 biggest retailers performed in 2017. If U.S. traditional players remain the...

15 February 2019

DIY. A million Dollar I.P.O. for the “Leroy Merlin” of Malaysia

With more than 700 stores in Southeast Asia in December 2018 (average size of 930 sq.m GLA, sales of US$209 million in the fiscal year 2017, the last one available), the Malaysian home improvement...

15 February 2019

Billionaire James Dyson moves head office to Singapore

As uncertainly and distrust on the future prosperity or otherwise of the post-Brexit continues to cause considerable concern, Sir James Dyson, an active Brexit supporter, broadcast a flagship...

15 February 2019

Chinese giants Tencent and Anta invest in Amer Sports

Ahead of Beijing’s Olympic Games in 2022, China’s biggest sports retailer Anta signed a €4.6 billion deal to buy the Finnish group Amer Sports. The firm specialises in winter...

15 February 2019

China to be the global n°1 retail market

In 2019 China is expected to become the world’s biggest retail market with sales of US$5.6 trillion (+7.5%), outpacing the U.S., at US$5.53 trillion (+3.3%), said eMarketer. E-commerce in...

15 February 2019

How feeble is the Chinese economy?

Investors consider that China’s GDP is far more anaemic than the official growth rate of +6.6% in 2018. The economic slowdown has deepened in Q4, with a +6.4% change year-on-year. If growth...

15 February 2019

Decathlon to make inroads in Japan

Europe’s biggest sporting goods retailer (sales of €11 billion up by 11% in 2017, the latest fiscal year available) will open a 1st store in 2019 near Osaka on 2,000 sq.m. It will be...

15 February 2019

276 million consumers born between 1990 and 1999?

This is the profile of shoppers on Alibaba’s digital marketplaces, which draw a total of 552 million active consumers in China in the fiscal year 2018 (from April 2017 to March 2018). Half...

15 February 2019

India. Amazon expands into department stores

In India, the Shoppers Stop department store chain (83 department stores, 13 HomeStop stores and 102 beauty stores, annual sales averaging US$600 million in the year to March 31, 2018) revealed...

15 February 2019

Africa. Is the race for cash & carry on?

In Western Africa, a joint-venture* between CFAO and Carrefour has rolled out physical expansion since 2013, following a moderate pace. We met Jean-Christophe Brindeau, who has been in charge of...

15 February 2019

Savills aims to grow again in the Gulf

Following the integration of Cluttons Middle East in 2018, Savills said it aims to complete other external acquisitions in the region

15 February 2019

Shoprite, from South Africa to Kenya

In December, Shoprite opened its first supermarket in Nairobi, in a location formerly occupied by the struggling Nakumatt grocer. It will add 3 stores in Kenya this year. Despite a particularly...

15 February 2019

UAE. How the sneakers market is finding its own style

“People want what their friends won’t have, they want to stand out on social media, they want to stand out in their circle. They want to be exclusive,” said Anuvrat Gaurav, head...

15 February 2019

Eight direct-to-consumers U.S. brands to keep an eye on

As we attended the NRF Big Show last month in New-York, the appetite of Internet-first brands* for physical retail particularly struck us. As it is more cost effective to win customers offline...

15 February 2019

Two million visitors in 6 months?

This is the footfall recorded at the first Indian Ikea store, which opened in August 2018 in Hyderabad. This 37,000 sq.m store sells 7,500 products, with about 1,000 items being priced under 200...

13 February 2019

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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