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Poland. Shopping centres become bigger and bigger
As a sign of the maturity of Poland’s shopping centre sector, a quarter of the country’s 400 malls have already benefited from sq.m extensions. On average, these malls have increased...
23 May 2018
The Chinese version of Apple will enter France
On May 22, 2018, the world’s 4th largest smartphone manufacturer Xiaomi (turnover of US$13 billion) will make inroads in France. The Chinese firm will inaugurate a 1st official online...
23 May 2018
Revenue from “marketplaces” to double in 5 years
According to Juniper Research, the net revenue of global ‘marketplace’ platforms is expected to more than double from US$19 billion in 2017 to US$40 billion in 2022. The expanding...
23 May 2018
Ikea partners with a LVMH Designer
As a rare marriage, the Swedish furniture retailer Ikea announced in May a partnership with the fashion Designer Virgil Abloh (aged 38), the streetwear designer from Chicago. Virgil Abloh was a...
23 May 2018
The Future of Retail by Jerry Storch
Editor Marie Driscoll met the veteran retail executive Jerry Storch. As founder of Storch Advisors his career of over 30 years included prime role such as Vice Chairman of Target hypermarkets...
23 May 2018
Saudi Prince calls for pressure on Iran
Prince Mohammed bin Salman (aged 32), called for the international community to exert economic and political pressure on Iran to avoid military confrontation in the region. Saudi Arabia has been a...
16 April 2018
Carlos Crespo, now Inditex’s n°2
Carlos Crespo has been promoted from Director of the internal audit department of Inditex Group to Chief Operating Officer, reporting directly to founder Pablo Isla. He will coordinate IT...
16 April 2018
Whole Foods loses executives
Senior staff departures are common after mergers and the Amazon-Whole Foods deal is no exception. Following the takeover by Amazon of the pioneer of natural grocers for US$13.5 billion, reducing...
16 April 2018
Tokyo’s Nihonbashi Takashimaya opens a Pokemon Center
On March 15th, the Nihonbashi Takashimaya department store became the 3rd unit (and the largest) for the Japanese franchise’s Pokemon Center, covering 1,300 sq.m. Here fans can buy soft toys...
16 April 2018
Asia keeps fueling Hermes growth
Asian sales for the luxury retailer grew 11% last year to €1.946 billion (US$2.4 billion), via an improved business in Hong Kong and Macau, with the Asian market “pursuing its upward...
16 April 2018
7-Eleven Thailand implements AI
The 10 million people walking daily into one of the 11,000 7-Eleven stores in Thailand will soon experience a very targeted customer service. The chain signed an agreement with
16 April 2018
Muji launches giant fresh market
The Japanese retailer, which has offered dried foods and snacks from 1980, has opened a giant 4,300 sq.m store, in Osaka featuring its very first market for fresh products. 50% of the store is...
16 April 2018
China’s home electrical market thrives… online
In China, where Dyson manufactures 100% of its home appliance products, high-end products such as handheld cordless vacuum cleaners are becoming increasingly popular. “In China, stick...
16 April 2018
Century Link Mall, THE MALL OF THE MONTH
Located in Shanghai within the Pudong Lujiazui area, the Century Link Mall is going through a whole refurbishment program (Malherbe Paris), following its acquisition from APM China, the property...
16 April 2018
Cosmetics retailer Flormar travels from Turkey to India
Eager to make inroads in India, the Turkish retailer Flormar (350 stores worldwide) signed an exclusive partnership with Reliance Retail, owned by the billionaire Mr. Mukesh Ambani. Around
16 April 2018
Ted Baker enters India via a joint-venture
The U.K. fashion retailer Ted Baker picked the Chanakya Mall in New Delhi to open its first store in India. Covering a sales area of 149 sq.m, it is selling menswear, womenswear and accessory...
16 April 2018
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