All articles

BRMalls wants to sell non-core malls.
The Brazilian property developer BRMalls has identified 10 non-strategic shopping malls for sale, below analyst predictions of 16 units. Assets may be sold individually and talks are in progress...
24 October 2017
The retail sector finally buzzes in Brazil
In Brazil, a positive environment for consumer spending and retail companies has been created by lower inflation, falling interest rates and reduction in household debts. In the 2nd half 2017, as...
24 October 2017
U.S.A. Nordstrom tests an inventory-free store
In early October 2017, the U.S. chain of department stores Nordstrom opened a small concept called Nordstrom Local (280 sq.m GLA) in Los Angeles (West Hollywood). It doesn’t offer clothes...
23 October 2017
Can Lidl succeed in the U.S.A.?
According to a survey from inMarket, Lidl discount retailer has not witnessed much market share following a U.S. launch in June 2017. Lidl is now operating 37 stores in 5 States and plans to grow...
23 October 2017
Vegetarian concepts gains traction in Europe.
In Denmark, where 43% of the population (especially young people) wish to reduce meat consumption, Co-op is establishing vegetarian aisles selling 150 different items in 80 Irma supermarkets. In...
23 October 2017
Turkish discount retailer SOK expects to be listed.
The Turkish retailer Sok (4,700 stores, estimated sales of US$1.7 billion in 2016) plans an I.P.O in 2018. A Netherlands-based investor consortium controls 50%, plus 39% with Gozde Girisim, the...
23 October 2017
Costco to expand in France.
After 3 months of business, Costco’s first French store attracted 44,000 members for an average basket of €125, higher than Costco’s global average around €100. As in Spain...
23 October 2017
Russian-French merger in coffee shops.
The highly fragmented sector of coffee shops is consolidating. The Russian coffee retailer Cantata, which runs 260 coffee and tea shops in Russia, Armenia, Belgium and Cyprus, took a majority...
23 October 2017
Nostrum to enter Germany and Switzerland.
The low-cost catering retailer Nostrum (expected sales of €35 million in 2017, up by 17% via 150 restaurants) signed two master-franchise deals in Germany and in Switzerland. In Geneva, the...
23 October 2017
Decathlon returns to the U.S.A.
After a failed attempt to sell in the U.S. from 1999 to 2006, Decathlon has relaunched. It is about to open a website plus a “lab store” located in bustling Market Street, San...
23 October 2017
SMCP launches into a steep trajectory
Eager to accelerate global expansion and reduce debt, the accessible luxury retailer SMCP (owner of Sandro, Maje and Claudie Pierlot, sales of € 786 million in 2016 up by 16.4% in H1 2017) is...
23 October 2017
Ikea’s growth slowed in 2017
In the fiscal year to late August 2017, the sales of Ikea Group reached €38.3 billion, an increase of 5% (including franchises) via 403 stores in 49 countries. The slowdown in sales has been...
23 October 2017
Fast fashion. From global to ultra localised ?
As every retailer is looking for levers to generate traffic amid fierce competition of new pure players selling directly to customers and advertising on social media, ultra-localised fashion is...
23 October 2017
Jumia: Africa is now online !
How can online retail become profitable in Africa ? Sophie Baqué met Juliet Anammah, C.E.O. of Jumia in Nigeria, to discuss her vision and strategy in this market of 185 million inhabitants.
23 October 2017
Macy’s poaches an eBay’s Director
The Senior Vice President of eBay North America, Mr. Hal Lawton (aged 43) has left eBay on his appointment as President of Macy’s, reporting to C.E.O. Jeff Gennette, in post since March...
19 September 2017
Malte Horeyseck to disrupt Brazil’s furnitures
The Brazilian entrepreneur Malte Horeyseck, founding partner of Dafiti fashion e-retailer, is starting a new venture called “Grupo Lar”. This is an online furniture retailer in...
19 September 2017
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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...