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“In 2015, we had one single store format of 280 sq.m GLA and all stores were pretty much the same” said Celeste Burgoyne, Retail Vice-President at Lululemon. “Today, we are...

18 January 2018

How Amazon lowers costs of returns

Eager to lower costs, Amazon has expanded options for clients to return items directly to a store or secure locker. In late 2017, Amazon had 2,000 lockers in the U.S. including 400 at Whole Foods...

18 January 2018

How Dollar General became one of the most profitable U.S

retailers. In the year to February 2017, DG’s profit was double that of Macy’s on less revenue, via 14,000 U.S. stores. Its US$22 billion market value eclipses Kroger, the 2nd largest...

18 January 2018

Lidl slows expansion in the U.S.A

Newcomer Lidl took a strategic pause in the U.S.A., slowing growth plans and considering opening smaller stores. In 2017, Lidl opened 47 stores vs. 150 for its well-established rival Aldi...

18 January 2018

“Online retailers can’t be profitable”. Wrong !

In the U.S.A., the Stock Market debut (I.P.O.) for fashion and styling online retailer Stitch Fix refutes a well-established belief that online retailers can’t be profitable. In the quarter...

18 January 2018

Kellogg’s, THE CONCEPT OF THE MONTH

In the wake of Unilever’s wave of pop-up stores, promoting brands like Magnum, Dove or St Ives, Kellogg’s opened in mid-December a 565-sq.m G.L.A. café in New York, near Union...

18 January 2018

Brazil’s recovery offers good fortune for beauty retailers

n Brazil, the latest economic recovery will be decisive for the beauty sector, which historically grows faster than G.D.P. According to the Abihpec Association, the beauty market income should...

18 January 2018

Brazil. Mall operators accelerate projects

Four years after the latest big cycle of investments in new malls ended in Brazil, mall developers aim to accelerate investments in 2018. The trend is to re-start older projects previously on...

18 January 2018

“Come and Test” at Dyson

Experiential concepts are gaining influence within home electrical retailers. In the U.S., Dyson opened a flagship in December at 640 Fifth Avenue, New York. Covering 967 sq.m GLA on one floor...

18 January 2018

Retailers tax arrangement under E.U. investigation

In December, the European Commission opened an investigation about Inter-Ikea’s specific tax practice with the Netherlands’ government, which issued two specific tax rulings from 2006...

18 January 2018

Inditex takes a step back on property

Eager to increase financial abilities, the world’s biggest fashion Group Inditex has negotiated a sale and leaseback agreement for 16 fully-owned stores in Spain and in Portugal, via a...

18 January 2018

Russian grocery retail concentrates

In mid-December 2017, Russia’s 2nd largest retailer X5 Group (sales of US$15.9 billion in the 9 months to September 2017 via 11,326 stores) signed an agreement to take over the supermarket...

18 January 2018

Russia finally agrees visitor tax refunds

As Vladimir Putin is seeking a 4th Presidential election in March, giving him control until 2024, Russia is introducing a tax refund for foreign tourists, except those from Kazakhstan and...

18 January 2018

C&A soon under Chinese flag

The low-cost C&A retailer headed by Alain Caparros (1,500 stores in 18 European countries, a subsidiary of the Swiss giant Cofra Holdings) is about to be sold to a group of Chinese investors...

18 January 2018

Pimkie reduces German and Austrian footprints

Hit by a 10% sale drop in 2017, the low-price fashion retailer Pimkie (750 stores including 300 in France) will close 35 stores in Germany and 15 in Austria by June 2019. In 2015, Pimkie shifted...

18 January 2018

Kiko closes its U.S. stores

The cosmetics retailer Kiko, owned by the Italian Percassi Group, will drop the curtain in the U.S.A., closing around

18 January 2018

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