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According to Savills, Hong Kong’s prime rental values will grow by up to 3% in 2018 after a 2% drop in 2017. According to Cushman & Wakefield, retail rents along Hong Kong’s...

18 January 2018

Which Asian retailers have sales averaging US$15,000/ sq.m ?

Euromonitor and Retail Asia reported that Japanese convenience stores record the highest sales density within all Asian retail sectors. As an example, Yamazaki Baking’s (with 4,891...

18 January 2018

In Japan, Burger King changes hands

The Hong-Kong based private equity firm Affinity Equity Partners has bought Burger King’s Japanese business of 100 fast-food stores from the struggling Lotte Group for an undisclosed amount...

18 January 2018

Marks & Spencer takes a step back in Hong Kong

As announced in August 2017, Marks & Spencer completed the sale of all 27 stores in Hong Kong and Macau, retaining the last international fully-owned stores in Ireland (19 units) and in the...

18 January 2018

Bata continues an Asian advance

The footwear retailer Bata is pursuing new customers across India. 2017 ended with more than 1,300 Indian stores in malls and high streets, including 100 fully-owned units opened in the last 12...

18 January 2018

International retailers bet on Algeria

Targeting a population of 42 million, and according to a confidential source, several global retailers have signed distribution deals in Algeria with the

18 January 2018

Apple eager to enter Saudi Arabia

Apple is amid advanced talks with Riyadh on opening stores in

18 January 2018

Carrefour makes inroads in Cameroon

With an investment of €10.7 million in early December, the Director of CFAO Retail in Cameroon Luc Demez inaugurated a 1st “Playce” mall in Doula (in the Bonamoussadi residential...

18 January 2018

Hermès opens a dedicated perfume store in Dubai

As perfume is the best-selling beauty category in the Middle East (perfumes account for around 60% of the beauty market in the Gulf, i.e. twice the world’s average), Hermès opened a...

18 January 2018

Decathlon to land in Kenya

The sporting goods retailer will open a 1,500-sq.m GLA store in Nairobi in the second half of 2018. This will be in

18 January 2018

U.A.E. Personalisation of home equipment expands

In the United Arab Emirates (U.A.E.), a new home-grown retail concept has opened under The Home brand, owned by the Royal Group. Inaugurated near the Mall of the Emirates in December 2017 on Umm...

18 January 2018

Jumia deploys its showrooms in Kenya

In Nairobi, the online retailer Jumia innovates with two “showrooms”: the first opened in June 2017 on Koinange Street (area of 650 sq.m GLA) in the CBD district...

18 January 2018

Lululemon sees “brick & mortar” potential

“In 2015, we had one single store format of 280 sq.m GLA and all stores were pretty much the same” said Celeste Burgoyne, Retail Vice-President at Lululemon. “Today, we are...

18 January 2018

How Amazon lowers costs of returns

Eager to lower costs, Amazon has expanded options for clients to return items directly to a store or secure locker. In late 2017, Amazon had 2,000 lockers in the U.S. including 400 at Whole Foods...

18 January 2018

How Dollar General became one of the most profitable U.S

retailers. In the year to February 2017, DG’s profit was double that of Macy’s on less revenue, via 14,000 U.S. stores. Its US$22 billion market value eclipses Kroger, the 2nd largest...

18 January 2018

Lidl slows expansion in the U.S.A

Newcomer Lidl took a strategic pause in the U.S.A., slowing growth plans and considering opening smaller stores. In 2017, Lidl opened 47 stores vs. 150 for its well-established rival Aldi...

18 January 2018

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