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Decathlon’s first store in South Korea
The French sports goods retailer has opened a 7800 sq.m. store in Songdo, near Seoul and launched an e-commerce platform. 4 more outlets
9 October 2018
GS Retail Co partners with LG Group for smart convenience store
The South Korean retailer said it opened a “smart convenience store” on 7th September using a face recognition system and other technologies, as local retail firms race to fit...
9 October 2018
Beauty brands eye up the Chinese market
An increasing number of beauty brands are tapping into the growing Chinese market, like Feelunique and Unilever. Walgreens Boots Alliance (WBA) announced
9 October 2018
India: Celio leads aggressive expansion plans
Celio, the French leading menswear brand has great ambitions in the Indian market and plans 300 openings within the next two years. In August, the group opened a first “Celio Club” in...
9 October 2018
G.U. opens a first store in Korea
G.U. Co., Ltd., a casual clothing retailer owned by the parent company of Uniqlo, Fast Retailing, opened its first Korea store in the Lotte World Mall in southern Seoul on September 14th.The...
9 October 2018
Crate & Barrel open a restaurant
The home accessories and household category killer has open a restaurant in partnership with Cornerstone Restaurant Inc. at the Oakbrook Centre store in Chicago. “Offering food and drink in...
9 October 2018
Brazil’s O Boticário enters U.A.E. beauty market
O Boticário, the largest perfume firm in Brazil, has opened a 1st international Amphora concept store at City Centre Mirdif, Dubai. Known for iconic products for more than 40 years, O...
9 October 2018
Advent International’s investment for Wal-Mart in Brazil
In agreement with Wal-Mart, Advent International is planning an investment of US$485.66 million in the retailer’s operations in Brazil. The global equity fund plans to
8 October 2018
Amusement parks are the new retail tenant of the future
As traditional retailers are closing stores, immersive attractions are stepping in to fill the surplus real estate. Because of online shopping and millennials’ changing consumption habits...
8 October 2018
Starbucks launch “Greener Stores” initiative
The coffee giant Starbucks is extending its commitment to sustainability with an ambitious new initiative consisting of greener stores which is expected to reduce utilities expenses by $50 million...
8 October 2018
A rescue to avoid bankruptcy for Sears
Sears Holdings C.E.O. and largest shareholder Eddie Lampert has published a proposal to avoid bankruptcy for the department store. The ESL Investments plan would include US$3.22 billion in asset...
8 October 2018
Brazil mall executives do not fear e-commerce
Shares of country’s big mall operators like CCP or BR Malls Participacoes SA have sunk this year, a fall of
8 October 2018
Wal-Mart use VR as training tool for its associate
In the retail sector, Virtual Reality (V.R.) is often used as marketing for brand experiences. However, this could become one of the biggest retail training tools. Wal-Mart will use over 17,000...
8 October 2018
Cencosud announce an I.P.O. for shopping centres
The Chilean group has launched an Initial Public Offering (I.P.O.) of the shopping centres unit. The shopping centre division represents
8 October 2018
Wal-Mart is making a push into home grocery delivery
The grocery giant is testing a home delivery service consisting of its own network of independent drivers. The service is a crowdsourced delivery-driver network relying on drivers using their own...
8 October 2018
Bloomingdale’s reveals experiential format
The 6th September, Bloomindale’s has launched a new experiential store format. Called The Carousel@Bloomingdale’s, it operates like a pop-up that changes the merchandise theme every...
8 October 2018
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