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Centrepoint expands from India to Saudi Arabia
Centrepoint, textile brand of the Indian giant Landmark, aims to open 18 new stores in the Gulf by June 2020, expanding to a total of 160 units. The multi-brand store concept named Centrepoint...
17 June 2019
Young Saudis favour international retailers
Alkohair Fashion Retail is one of the leading franchise operators in Saudi Arabia. In 2018, they operated 1,750 stores across 13 countries. The firm represents over 75 brands such as Zara...
17 June 2019
GCC. The retail sector will grow by 4% annually
“In Saudi Arabia, the retail sector will rebound,” said Patrick Chalhoub, C.E.O. of the Chalhoub Group, during an interview with Arabian Business. “There is a real change in this...
17 June 2019
Israel. How to outmanoeuvre Amazon
If Amazon has yet to confirm an intention to build a warehouse in Israel serving 9 million customers, the U.S. e-commerce giant is raising concerns amongst local store retailers. Amazon has been...
17 June 2019
Tunisia. Carrefour aims to open a dedicated e-commerce warehouse
In Tunisia (with a population of 11.5 million), Carrefour aims to accelerate sales via e-commerce. The Group is planning a move from a pilot business model of in-store picking and delivery to...
17 June 2019
Has online grocery in the U.S. become more popular?
Today, in the U.S.A., food retail represents also the biggest challenge and opportunity for e-commerce. According to a 2019 study from Coresight Research, 37% of U.S. consumers bought groceries...
17 June 2019
U.S. Wayfair expands into “brick & mortar”
After numerous of pop-up stores in the U.S., the online home furnishing retailer Wayfair, (most of staff are Millennial profiles) announced a new 350 sq.m store this Autumn in the Natick Mall...
17 June 2019
Brazilian giant Natura Cosmeticos grows with Avon
The British beauty company Avon is moving under a Brazilian flag. The Sao-Paulo based Natura Cosmeticos aims to purchase Avon (founded in 1886) for more than US$2 billion. With an all-stock offer...
17 June 2019
Weight loss cure for Auchan Retail
Appointed in October 2018 as President of Auchan Retail, Edgard Bonte is in the midst of a radical restructure to reduce losses. As a global player in the grocery retail sector with a turnover of...
17 June 2019
U.K. The retail property market is under pressure
The Romans called a “hectatomb” a sacrifice of at least 100 oxen. With Mothercare (60 store closures), Debenhams (50), Marks & Spencer (110), New Look (25), and now Boots (with...
17 June 2019
Italy. The potential of retail parks
According to a Duff & Phelps study published at Mapic Italy (23rd and 24th May 2019), Italy has 914 shopping centers (78% of GLA sq.m) and 214 retail parks (16% of GLA sq.m). 44% of these were...
17 June 2019
France. Leroy Merlin opens a cooking concept store
The D.I.Y. giant opened a 170 sq.m concept store in Nice at Malaussena Street. This is dedicated to the Delinia ID kitchen program. The store offers 140 models of facades and 27 kitchen handles...
17 June 2019
Switzerland. 8 Decathlon stores planned
The French chain of sporting goods (with 16 units in Switzerland) announced 8 new openings by the end of the year, according to the development director of Decathlon Switzerland. This strategy is...
17 June 2019
Germany. Rewe invests in catering
The supermarket chain Rewe bought Lekkerland. This wholesaler runs service stations, bakeries, restaurants (snacking and take-away meals) in 7 European countries. In 2018, the company generated an...
17 June 2019
Specialised retail. The biggest players expand into 2nd hand businesses
If Decathlon was a trailblazer with the Trocathlon fairs dating back to 1982, a cohort of online and offline specialised retailers are now expanding second-hand businesses, creating a trend called...
Germany. Hornbach in a media storm
Presenting annual results on May 27th, the C.E.O. of the D.I.Y. chain is reeling from media outrage caused by an advertising campaign. This potentially racist advert showed Asian women swooning...
17 June 2019
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Advantail signs with Formality to streamline commercial lease management
Amid an ownership shake-up following its acquisition by Evoriel, shopping centre operator Advantail has signed with Formality to digitise the management of commercial leases and contracts across...