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U.A.E. Online retailing expected to grow more than 33%
According to Euromonitor International the consumer electronics market in the U.A.E. is expected to grow to US$4.19 billion this year compared to US$3.68 billion last year, registering a growth of...
13 November 2018
Abu Dhabi mega mall: launch date pushed back several times
In June 2017, the chief executive of Gulf Capital told Gulf News that the mall would be completed by the end of 2018. Prior to that, it was scheduled to open in March 2018. Now at last the mega...
13 November 2018
China: Alibaba struggles against Meituan in food delivery services
The Alibaba Group is merging a food delivery unit ‘Ele.me’ with Koubei, competing with Meituan Dianping for dominance in China’s growing on-demand services market. The new...
13 November 2018
Metro cash-and-carry targets Kirana stores in India
India is a country of small and independent business, with 12 million retailers operating ‘kirana’ stores, known as “little shops”. Arvind Mediratta, C.E.O., Metro Cash and...
13 November 2018
Electronic brand Xiaomi wants to open 1,000 stores by 2020
Chinese electronics brand Xiaomi has opened its largest ‘Mi Home’ store in Wuhan. It features a ‘Smart Home’ area to showcase a range of Xiaomi products in a domestic...
13 November 2018
India: Sneakerheads is gaining growth
India is seeing a growth in the popularity of sneakers and a rise in the subculture of sneakerheads. This movement started in the U.S.A, promoted by hip-hop culture, basketball icons like Michael...
13 November 2018
Southeast Asian brands are growing in Hong Kong
Southeast Asian brands are gaining strength in Hong Kong. “For Southeast Asian brands in particular, Hong Kong has a unique advantage for having a long-established Southeast Asian...
13 November 2018
Simon Property invests in Southeast Asia
US-based shopping mall operator Simon Property is planning expansion of the outlet malls format into the Southeast Asian market. The company has run an outlet in Malaysia’s Johor since 2011...
13 November 2018
Foreign retailers eye Vietnam
A report from the General Statistics Office supports strong growth in the Vietnamese retail market, with a value of US$179billion by 2020. American consulting firm A.T. Kearney said that Vietnam...
13 November 2018
Jil Sander unveil new store format in Tokyo
German fashion label Jil Sander has inaugurated a new 268 sq.m. flagship in the fashionable Omotesando district. This has a new interiors concept that will be used to revamp all other stores...
13 November 2018
U.K. fashion retailer New Look to exit China
Embattled U.K. fashion retailer New Look is to cease Chinese operations, closing 130 remaining stores. The move follows a strategic review of the Chinese business in June. The company suspended an...
13 November 2018
Wal-Mart vs Amazon: The battle zone spreads to India
In May, Wal-Mart spent US$16 billion to win a bid against Amazon for the online retailer Flipkart, Amazon’s primary rival in India. Boosted by a vision of the vast potential of Indian...
13 November 2018
JD expands its grocery chain 7Fresh
The e-commerce giant JD.com signed agreements with 16 property companies to expand JD’s ‘7Fresh’ grocery chain across China. Customers in cities like Shanghai or Shenzhen can...
13 November 2018
A pop up store for Love Your Melon
Love Your Melon, a philanthropic clothing brand that began with the idea of a hat for every child battling cancer in America, generated more than US$31.5 million in revenue in 2017. To date, the...
13 November 2018
Argentina: The fashion brand 47 Street has 8 new stores
The Argentine young fashion company opened another store for Buenos Aires in Dot Baires shopping centre, a complex opened in 2009 and owned by the Irsa property company. This is the 8th new unit...
13 November 2018
Grupo Éxito open 2 malls in Colombia
With the opening of 2 new Viva shopping centres in October, Grupo Éxito completes 15 shopping centres and 18 galleries in 22 cities in Colombia. Viva Envigado (137,000 sq. m.) opened in...
13 November 2018
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Most viewed articles of the month on mind Retail
What readers clicked on the most last month.
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1
US retailers divided over the rise of autonomous shopping agents
In the US, Gap, Walmart, Best Buy, Amazon and eBay are taking very different approaches to agentic commerce. While TV shopping giants QVC and HSN see these new intermediaries as an opportunity to...