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The founder of Magnit – a departure
Sergey Galitskiy, C.E.O. of Magnit – Russia’s 2nd largest grocery retailer after X5 – has stepped down and sold his 29.1% stake to the Russian state-owned bank VTB Group for a...
19 March 2018
The British Toys’R’Us subsidiary in bankruptcy
In February, the British subsidiary of the U.S. toy giant was placed into bankruptcy, a process that could lead to the closure of about 100 British stores and to the loss of 3,200 jobs. The firm...
19 March 2018
Pandora’s customised jewellery fuels growth
To fuel growth, the Danish jeweller Pandora (sales of €3.1 billion in 2017 up by 15% in local currency) aims to modernise and diversify all designs and to add another 200 new stores this...
19 March 2018
Eataly to make inroads in the U.K.
The Italian food retailer signed a lease of 3,900 sq.m (sales area) on the ground and first floors (landlord British Land) to open a store-restaurant within the Broadgate pedestrian vicinity in...
19 March 2018
Birchbox is fully omnichannel
The U.S. beauty retailer Birchbox, which sells customised beauty boxes via a subscription scheme, recorded 200,000 French subscribers in the end of 2017. In its first European store in Paris since...
19 March 2018
Redevco invests in Madrid
The Dutch investor Redevco, specialising in city centre property, took over 70% of the Parque Corredor shopping mall (123,000 sq.m GLA) from the Sareb fund (Aermont). The deal value was €140...
19 March 2018
Ingvar Kamprad. The passing of the Ikea legend
In 1943, (aged 17), Ingvar Kamprad created a mail-order company called Ikea, selling a range of goods from watches to pens, and he added furniture in 1948. Ingvar Kamprad, born on March 1926, in...
27 February 2018
From Gucci to Geox
Geox has poached an expert in luxury goods to lead its brand of quality shoes. Matteo Mascazzini became C.E.O. of the Italian retailer on February 1st, replacing Gregorio Borgo, who is leaving the...
27 February 2018
Wal-Mart. New international head
On February 1, Judith McKenna succeeded David Cheesewright as C.E.O. of Wal-Mart’s international business, without revealing the reasons for the change. McKenna has worked at Wal-Mart for...
27 February 2018
Amazon is now the 6th largest global retailer
The 21st edition of the “Global Powers of Retailing” survey from Deloitte showcases how the 250 largest retailers performed in 2016. U.S. firms, headed by Wal-Mart, remain the big gorillas...
27 February 2018
China decreases import tax on F.M.C.G. products
Multinationals such as Nestlé and Danone have good prospects in China in 2018, as import tariffs on 187 categories of consumer goods fell from an average 17.3% to
27 February 2018
Luxury retail sales soar in China
According to McKinsey & Co, China accounted for 75% of luxury spending growth in the 8 years to 2016. China will account for 44 % of the luxury global market by 2025.
27 February 2018
Major takeover for Walgreens Boots in China
The world’s largest drugstore retailer, also the 5th biggest retailer by sales worldwide, will invest
27 February 2018
Galeries Lafayette downsize in China
By the end of 2018, a 2nd Galeries Lafayette’s Chinese unit will open in Shanghai within the Pudong Mall, a mall under construction located on Pudong Nan Road (between Shangcheng Road and...
27 February 2018
Vietnam is now an awaking Asian dragon
In 2017, Vietnam’s retail sales grew by 10.9% year-on-year to US$129.6 billion, driven by a rising middle class, an influx of international retailers and a 6.3% G.D.P. growth in 2017. In the...
27 February 2018
Alibaba / Tencent. The race is on to lead Chinese grocers
Eager to tackle groceries as the last frontier in e-commerce, almost all grocery retailers active in China have teamed up with Internet giants. In mid-January 2018, Carrefour-China announced an...
27 February 2018
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Personalised pricing: Europe keeps a low profile while New York forces retailers to be transparent
In the State of New York, unprecedented legislation has come into force requiring retailers using personalised pricing algorithms to inform consumers. While the NRF is seeking to counter its...
12 December 2025
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Price-fixing investigation: Swatch and Citizen under scrutiny in Italy
On December 9, 2025, Swiss watch groups Swatch (Tissot, Mido and Hamilton) and Japanese Citizen (Bulova, Vagary, Frédérique Constant and Alpina) were placed under investigation by...
11 December 2025
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In the U.S.A., retail job cuts rise 139% in a year
According to Challenger, Gray & Christmas, a company specialising in employment trend analysis, in the U.S.A., 2025 has been tough for retail employment. The sector recorded 91,954 job cuts...
9 December 2025
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Italy: three executives from luxury goods group Tod’s investigated over worker exploitation
After placing Loro Piana (LVMH), Armani, Dior and Valentino under judicial administration, the Milan public prosecutor's office is now targeting Tod's. Three of its executives are under...
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Australia bans access to social networks for under‑16s
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2 December 2025
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Customs duties: Costco sues the Trump administration
On November 28, Costco (net sales of US$267 billion in the fiscal year ending August 31, 2025 , up by 8.1% after 6% in 2024) sued the Trump administration, judging the tariff surcharges imposed...
5 December 2025