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Having opened 7 Kit Kat stores in Japan (including 6 in department stores and one standalone store in Ginza, Tokyo), Nestlé opened in October 2017 a 1st Korean unit in Seoul, located within

17 November 2017

Retail sales gain pace in China

In September 2017, Chinese retail sales jumped by 10.3% year over year, accelerating from the 10.1% rise in August. Meanwhile, China’s G.D.P. expanded by

17 November 2017

Debenhams to leave Indonesia

The last Debenhams department store active in Indonesia will close by the end of 2017, said David Smith, International Director of the Group. In Indonesia, Debenhams is operated in franchise by...

17 November 2017

BAIA BAIA, the Concept of the Month

Mass customisation at affordable prices is the credo of the flip-flop footwear and accessories Baia Baia stores. Created by Steve Rosenblum, co-founder of The Kase stores selling customisable...

17 November 2017

Staples end in China

Pressure is rising for office-supply retailers worldwide. In the wake of rival Office Depot, the U.S. office-supply retailer Staples is planning to end the Chinese venture. Staples is discussing...

17 November 2017

Ikea now has a foothold in 4 Indian cities… i.e

Hyderabad, Mumbai, Bangalore and Delhi. In October 2017, Ikea acquired a piece of land in Delhi NCR, which is

16 November 2017

ALIBABA, THE MALL OF THE MONTH

Alibaba is about to make a foray in the retail property sector in Eastern China. Eager to keep connecting clicks and bricks, Alibaba will open the so-called “More Mall” in Hangzhou in...

16 November 2017

“European consumers are need driven and the Chinese are “fun” driven”

Marco Hamers, Executive Vice President of Global Brands Group China (owned by Fung Group) explains how fashion retailers can navigate in China’s saturated retail landscape.

16 November 2017

Galeries Lafayette sees growth potential in Turkey

The department store retailer announced a potential 2nd store in Istanbul in 2019, in the Vadistanbul shopping mall. As for the 1st unit opened in the summer, this will be operated by Demsa via a...

16 November 2017

Department stores and fashion retailers must consider unlimited delivery”

According to the latest Global Data report, 29% of U.K. online shoppers subscribe to a grocery delivery discount scheme (such as Amazon Prime and Tesco). 22% subscribe to a non-food delivery...

16 November 2017

Copenhagen. Ikea launches new city concept

After nearly 4 years of approval process, Ikea received the approval for a new city store. For the Danish Country Retail Manager Dennis Balslev, the incoming city store is “an enormous...

16 November 2017

Successful fundraising for Advalo

The Advalo start-up (specialises in CRM strategies for winning customers and developing loyalty) has won €5 million in investments from Vasgos, SGPA, West Web Valley and other banks. Advalo...

16 November 2017

Le Printemps develops the “outlet” channel

In November 2017, Le Printemps is due to open a 600 sq.m GLA unit within the brand new outlet centre of Miramas, in the south of France. This retail outlet centre was opened in April 2017...

16 November 2017

BCBG Max Azria closes in Europe

In October, Fashion retailer BCBG, (a retailer selling evening dresses) ceased operations in Europe. Owned by investment firm Guggenheim Partners, all its stores in France and all operations in...

16 November 2017

Zalando moves from online to outlet

Zalando, Europe’s largest fashion e-retailer, is about to open a 4th outlet store in Hamburg, Germany. This is in the former Thalia bookstore on the Grosse Bleichen street, where annual...

16 November 2017

Douglas accelerates in Spain

The cosmetics retailer Douglas will expand from 57 Spanish stores in June 2017 to 380 by the end of 2017. During the summer, Douglas purchased the Bodybell chain, with 223 stores in Spain...

16 November 2017

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