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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
U.A.E. luxury retail will decrease once again this year
According to Patrick Chalhoub, C.E.O. of the Chalhoub Group, luxury sales in the U.A.E. should decrease by 3% in 2017, following a 2% decrease in 2016. At a global level, Bain said that luxury...
17 November 2017
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
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Most viewed articles of the month on mind Retail
What readers clicked on the most last month.
What readers clicked on the most last month.
1
US retailers divided over the rise of autonomous shopping agents
In the US, Gap, Walmart, Best Buy, Amazon and eBay are taking very different approaches to agentic commerce. While TV shopping giants QVC and HSN see these new intermediaries as an opportunity to...