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According to the General Statistics Office, retail sales of US$107 billion were up by 10.7% during the first 10 months of the year in Vietnam, with a population of 93 million. Excluding inflation...

20 December 2017

Uniqlo and Ikea are now rushing into India

The Japanese fashion retailer Uniqlo (owned by Fast Retailing, revenue of €14 billion in the fiscal year to August 2017) has applied to the government for a single brand retail licence. The...

20 December 2017

LOBLAW, THE CONCEPT OF THE MONTH

To enhance loyalty and compete with Amazon, “click & collect” subscriptions expand across North American supermarkets.

20 December 2017

Calvin Klein signs an exclusive deal with Amazon

For the holiday season, the underwear retailer Calvin Klein (PVH Corp.) is selling new underwear only via Amazon until December 31. Department stores (Macys, Nordstrom…) won’t receive...

20 December 2017

U.S. best retail properties consolidate

In mid-November, Brookfield Property Partners (BPP, owned by Brookfield Asset Management) offered US$14.8 billion for the remaining 66% of Chicago-based General Growth Properties (GGP, 115 U.S...

20 December 2017

Wal-Mart’s online sales remain tiny

According to eMarketer, Amazon should capture 44% of U.S. online sales this year up from 38% in 2016. Meanwhile, Wal-Mart should grow from 2.8% of U.S. online sales to 3.6% this year, with online...

20 December 2017

Tim Hortons coffee shops expand in Europe

The Canadian retailer Tim Hortons, a specialist in doughnuts and cafes owned by Restaurant Brands International (RBI), will open its 1st European restaurant in Santo Domingo Square, Madrid. Before...

20 December 2017

Pure players and gyms are the top demand in U.S. malls

In Los Angeles, the new Century City mall from Westfield (120,800 sq.m GLA) houses an array of retailers who were created online, including Sugarfina (candy), Bonobos and Untuckit (fashion), Warby...

20 December 2017

Wal-Mart consolidates logos and brands in Brazil

Simultaneously with the new Wal-Mart name adopted in the U.S., which replaced Wal-Mart Stores, the world’s largest retailer wants to create brand synergies in Brazil, a 206-million...

20 December 2017

Home improvement. The Mano Mano marketplace is expected to triple business in 2017

Having reported €15 million in business value in 2014, €32 million in 2015 and €89 million in 2016, Mano Mano’s D.I.Y. and gardening online marketplace targets a...

20 December 2017

H&M mixes outlet and “pop-up” in Germany

In the wake of Austria, Denmark, the Netherlands and the U.S.A., the Swedish fashion retailer H&M opened in November 2017 a “pop-up” outlet store dedicated to end-of-lines...

20 December 2017

Calzedonia opens a flagship store in Manhattan

Having made inroads in the U.S. U.S. East Coast since early 2017 with 10 stores, the Italian fashion retailer Calzedonia opened a first U.S. flagship at 601, 5th Avenue, New York. With a sales...

20 December 2017

Choose – selling products on Amazon and / or on Tmall?

“This question is on the list of all the Comex members I’ve recently met,” said Dimitri Dewavrin, C.E.O. of The Agent. Whereas two or three years ago, retailers were reluctant...

20 December 2017

Purchasing power back to growth in Europe

According to the GFK institute, European purchasing power (revenue available for spending and savings) will climb by 1.9% in 2017 after a 0.3% increase last year. It calculates as an average of...

20 December 2017

Primark rolls out across Europe

In the fiscal year to mid-September 2017, the low-cost fashion retailer Primark (a subsidiary of Associated British Foods) reported sales of €8 billion, an increase of 12% at constant...

20 December 2017

In the U.K, 60% of BHS locations are still vacant

One year after the department store chain sank into liquidation, 95 former BHS locations (out of 160 in total) were still vacant in September 2017, said Local Data Company. As demand for large...

20 December 2017

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