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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
Amazon. A law to prevent product destruction
Amazon’s digital marketplace operations destroyed about 3 million unsold items in France in 2018. These are goods from third-party sellers for its marketplace. The government wants to pass a...
13 February 2019
Eating solo at the restaurant?
In Amsterdam, Antwerp and London, the MVGCA association has launched a one-person pop-up restaurant called “Eenmaal” (12 to 25 seats). It is a creative project to focus on loneliness...
13 February 2019
Eddie Lampert, gravedigger or saviour of Sears?
Eddie Lampert, often compared to Warren Buffet with a stellar performance of his ESL fund, has controlled Sears’s fate for 6 years. The former Goldman Sachs prodigy is now the largest...
13 February 2019
L’Occitane consolidates to become more upmarket
L’Occitane confirmed the purchase of high-end British rival Elemis, specialising with face care and spa-therapy. In 2018, net sales of Elemis reached US$140 million, up by 27%. The deal...
13 February 2019
British retailers worry about a no-deal Brexit.
As the U.K. should leave the E.U. on March 29th, the British Retail Consortium federation and C.E.O.s of the country’s biggest retailers (including Sainsbury’s, Asda, Waitrose...
13 February 2019
At Richemont Group, commitment makes sense.
“Within the Richemont Group, social and environmental engagement has become a mandatory, said Alain Bernard, President & C.E.O. of Richemont Group North America and head of the Retail...
13 February 2019
Torgservis, The Concept of the Month
A discount retailer with prices 5% to 20% lower than Aldi and Lidl? This is the promise of Russian retailer Torgservis (estimated annual sales of €1.3 billion via 800 Svetofor and Mayak...
13 February 2019
How Ikea prepares for the future
Involved in a strategical shift, the Swedish Ikea Group is widening its city-centre footprint with an array of urban stores to open this year, including in Manhattan and in Paris (in May 2019...
13 February 2019
Furniture & deco. What the ‘connected’ generation wants
To win digitally-connected customers, retailers continue to adapt. If traditional companies have significantly changed their strategies, some new players like Casper, Wayfair and Made.com operate...
13 February 2019
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