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Auchan doubles in size in Senegal
In full ownership in Senegal since 2015, Auchan will buy a further 9 supermarkets from Citydia in Dakar (about 600 sq.m GLA each), increasing the store network to around 20 in the capital city...
17 November 2017
Fnac pursues cautious African expansion
In November 2017, Aksal Group will open 2nd Moroccan store under the Fnac banner, in the Tangier Ibn Batouta mall (sales area of 560 sq.m). Aksal is both a developer and a master franchisee of...
17 November 2017
THE E-COMMERCE BATTLE GAINS TRACTION IN THE GULF
As every retailer aims to increase its online sales, the marketplace model is gaining ground in the Middle East region with an array of new players entering the ring. In the U.A.E, the...
17 November 2017
Emirati Group sets up Toys’R’Us in India
In October 2017, India’s first Toys’R’Us store opened in Bengaluru. This is via an exclusive master franchise agreement with Tablez India (owned by the Abu Dhabi giant Lulu, with...
17 November 2017
Who are Malaysia’s “Top 3” retailers ?
According to Nelsonn Woon, Director of CBD Retail Consultant, Myanmar’s three largest retailers are the following: Jerasia Capital Bhd (sales of US$108 million in the year to June 2017)...
17 November 2017
South Korea. Nestlé expands its retail foray
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
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Conflicts in the Middle East: what impact on the supply chain and European retail?
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