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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
Costco expands delivery services
Eager to boost its online revenue, the warehouse retailer Costco launched a service called “CostcoGrocery”. This offers free delivery within two days for 500 non-perishable products...
17 November 2017
Brazilian fashion grows again.
In 2017, the Brazilian fashion sector should grow by 7.9% in value (with total sales of US$59 billion) and by 5.5% in volume. Last year, Brazil’s fashion sales decreased by 2.6% in value and...
17 November 2017
Natura is boosting sales staff productivity
In Brazil, the Natura beauty retailer is aiming to boost productivity of sales consultants as a top priority. Indeed, the Brazilian firm has a local direct sales force of 1.2 million non-exclusive...
17 November 2017
“Recruiting Millennials, retaining the richest”
Amex is striving to retain brand loyalty and previous cachet amongst U.S. millennials (25 to 34 year-old) whilst only selling to the most affluent. This is the aim of Stephen Squeri, new C.E.O. of...
17 November 2017
No external growth for Uniqlo in the U.S.A
Tadashi Yanai, Founder of Uniqlo, does not intend to takeover a fashion retailer in the U.S. “If it was the case, it would mean assimilating an external culture to ours, which would be long...
17 November 2017
Everlane changes his mind for offline
Eager to build on learning from its successful pop-up stores, the fashion pure player Everlane is “looking to open stores as the next phase” said the C.E.O., who previously swore he...
17 November 2017
Supreme’s teenage fashion now has Carlyle on Board.
The U.S. brand of “streetwear” adored by young people, has Carlyle as a new shareholder. With 11 stores worldwide including 6 in Japan, Supreme is a specialist in limited editions...
17 November 2017
Lojas Americanas to expand into convenient stores.
To compete with Casino and Carrefour, Brazil’s department-store operator Lojas Americanas plans to open up to 3,000 convenient stores more focused on groceries (selling fresh frozen food...
17 November 2017
Online spending will take the lead for the U.S. holiday season
According to the 32nd edition of the Deloitte survey among 5,000 U.S. consumers in September, online retail spending during the holiday season 2017 is expected to outpace in-store spending...
17 November 2017
Ann Taylor tests a rental service in the U.S
In early October 2017, the U.S. fashion retailer Ann Taylor launched an online and shop-based rental program called “Infinite Style” at selected stores in Columbus, Ohio. Clients pay...
17 November 2017
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Most viewed articles of the month on mind Retail
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Electronic shelf labels: why the US regulator threatens rollout
In the USA, the Federal Trade Commission has just required full transparency on the use of pricing algorithms based on personal data, under threat of penalties. In this regulatory framework...