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It is another private investment company. They follow two previous owners, the private equity groups KKR and Lion Capital. The Belgian buyer, named Core Equity Holdings, was created in 2017 by...

10 June 2018

Wal-Mart withdraws from European operations

This almost US$11 billion deal is now completed. The American retailer Wal-Mart, owner of Asda since 1999, concluded in late April 2018 the merger of the 3rd biggest British grocer by sales with...

6 June 2018

Sport. How China became a focus for European outdoor retailers

The Rossignol outdoor sporting goods manufacturer (turnover of €243 million last year via its brands like Dynastar, Look, Rossignol and Risport), is entering a new expansion phase for China...

2 June 2018

Omnichannel. When will retailers fully match consumer demand ?

According to a study from Boston Retail Partners called “Customer Experience: Unified Commerce”, covering responses from 500 U.S. retailers in March and April 2018 (from all retail...

2 June 2018

Are retailers heading towards a zero plastic strategy ?

Plastic is derived from fossil fuels and often made for a single use. It ends up in landfills and in all oceans, infiltrating all living creatures (including us) in the form of tiny “micro...

2 June 2018

Where are the retail “Eldorados” in 2018 ?

The 11th survey by C.B.R.E. “How Global is the business of retail” reveals the most targeted destinations for retailers operating outside their domestic markets. This survey identifies the 123...

2 June 2018

How Egypt aims to slow population growth

In May 2018, the Egyptian government announced “Two children is Enough” family planning, an investment of €4.7 million, creating a target of 2.4 children per woman. The reason is...

2 June 2018

Textile. When Ethiopia goes organic

Textile factories have flourished in Ethiopia lately, with a population of 100 million, and 65% under 20 providing labor at 20% of Chinese costs. The Ethiopian government is boosting investment...

2 June 2018

Why China dramatically cuts import tariffs on consumer goods

Eager to boost domestic consumption at 64.5% of China’s G.D.P. in the first 9 months of 2017, Beijing will cut import tariffs from July 1, 2018, on a range of consumer products. For clothes...

2 June 2018

Apparel. Etam takes a step back in China

In May 2018, the fashion retailer Etam Development announced the end of the clothing business in China. This was its 2nd largest market by sales, which generated 30% of its total business in 2016...

2 June 2018

Costco hit by political scandal in China

he wholesale retailer Costco from the United States (net sales of US$95 billion in the 36 weeks to May 2018, an increase of 12%) is the latest to come under fire on Chinese social media regarding...

2 June 2018

Interview. “Brazil is clearly in stand-by”

A discussion with Gontran Thüring, former Chief Leasing Officer at Klepierre for 27 years and General Delegate of the French National Council of Shopping Centers since 2016.

2 June 2018

U.S. Towards an online sales tax?

In June 2018, the U.S. Supreme Court cancelled its 1992 ruling, which forced online retailers to collect sales tax only in the States where they had a physical presence. The court reversed itself...

2 June 2018

Wal-Mart sells 80% of Brazilian business

As part of a global strategy to reduce exposure in unprofitable markets and to boost online growth, Wal-Mart is selling 80% of its Brazilian operation, representing 483 stores in 200 cities and...

2 June 2018

Story, the Concept of The Month

Can scarcity boost visitors for U.S. department stores? This is Macy’s gamble, which bought Story in May 2018 for an undisclosed amount. Story opened in 2011 in New-York (Chelsea area, sales...

2 June 2018

D.I.Y. The Australian giant throws the towel in the U.K.

This is a major setback and an incredibly expensive lesson for Wesfarmers. The Australian retailer spent €444 million in 2016 for the 255 stores of British D.I.Y. retailer Homebase, expecting...

2 June 2018

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