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The fast-growing fashion retailer Rains (selling raincoats and waterproof backpacks) opened a first U.S. store on Lafayette Street in Soho, New York. Rains also runs standalone stores in

20 December 2017

Will Eataly list in 2018 ?

In 2017, Eataly’s sales will reach €470 million via 39 stores worldwide (and 5,000 employees) compared to €400 million in 2014. According to its Operational President Andrea...

20 December 2017

Sport 2000 makes inroads in Hungary

The German sporting goods retailer Sport 2000 signed a licensing agreement with the Hungarian firm Smart 73. This wholesale company operates 7 standalone stores and supplies 300 multi-brand...

20 December 2017

LVMH tests a food retail concept

The French department store Le Bon Marché (owned by LVMH) has transformed its food department into a standalone format. In November 2017, a

20 December 2017

Unibail becomes the world’s n°2 mall owner

Ten years after the purchase of Dutch operator Rodamco, Unibail Rodamco completed an historic takeover deal of rival Westfield Corp for US$15.7 billion. This December deal, whilst subject to legal...

20 December 2017

De Facto fashion retailer adds to Turkish I.P.O. revival

The Turkish fashion retailer De Facto (439 stores in 19 countries including 109 international units in 2016) has appointed Citigroup and HSBC to prepare an Initial Public Offering (I.P.O) for...

19 December 2017

Luxury retail. Fewer openings but larger stores in 2017

According to Bain Capital, the number of new luxury stores will decrease from 470 stores in 2016 to 350 in 2017 (-26%). In 2012, luxury retailers opened 1,000 stores worldwide! After a year of...

19 December 2017

F.M.C.G. drives e-commerce

Chinese food retailers have combined “online” and “offline” for several years, with the first Hema Fresh opening in January 2016. If China has continued to lead the race in...

19 December 2017

GARDEN CITY LIFESTYLE, THE MALL OF THE MONTH

If Algeria’s retail real estate sector is less mature than neighbours in Morocco, Tunisia and Egypt, several domestic property developments are raising the profile. In Western Algiers, in...

19 December 2017

FROM THE EXPERT

19 December 2017

What is the potential for retail growth in Algeria ?

Despite economic uncertainty since 2014 and fear of further political instability, Algeria’s retail sector remains resilient. Sophie Baqué met Mr. Fodil Korichi, Founder of Algeria’s biggest...

19 December 2017

Brazil : Diniz supports Noel Prioux as C.E.O

In Brazil, Carrefour’s largest foreign market by sales, Noël Prioux replaces Charles Demartis. Brazilian businessman Abilio Diniz, Founder of Grupo Pao de Açucar who was ousted...

17 November 2017

Hudson’s Bay is looking for a new leader

Gerald Storch, C.E.O. of Hudson’s Bay Co. (HBC), left in November after only two years in the job. The Harvard graduate, former Head of Target and Toys’R’Us, is returning to his...

17 November 2017

Fast Retailing. Transition planned for 2019

Once he is 70 in 2019, can Mr. Tadashi Yanai, emblematic founding President of Fast Retailing, reduce his working involvement? In 2002 he already passed authority to Genichi Tamatsuka, returning...

17 November 2017

A 26 years old is the latest U.S. retailers target

Millennials, as the largest representative group within the U.S. population, are forcing retailers to reinvent marketing and promotions, including offering fee training and education.

17 November 2017

Birth of a Canadian retail gorilla

Metro supermarkets (sales of US$9.5 billion last year) have made a takeover offer of US$3.6 billion for the Jean Coutu drugstore chain, whose sales reached US$2.2 billion last year. If approved by

17 November 2017

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