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McDonald’s ends business with Indian partner
In August 2017, McDonald’s (revenue of US$6.05 billion in Q2 2017, down by 4%) ended an historic joint venture with Connaught Plaza Restaurants Ltd (CPRL). This was the 2nd largest Indian...
18 September 2017
Galeries Lafayette keep expanding into China
The Galeries Lafayette department store operator will open a 2nd unit by March 2019 in the Pudong vicinity of Shanghai, serving a population of 25 million inhabitants. Similar to the initial store...
18 September 2017
How BIM from Turkey adapted to Morocco
Eight years after launch in Morocco (which housed a population of 35 million inhabitants in 2016), BIM from Turkey has turned into Morocco’s largest retailer by number of stores: it is now...
18 September 2017
Will South African Shoprite travel to Europe ?
In August 2017, Steinhoff International Holdings (known as “Africa’s Ikea”) finally unveiled a plan to buy 22.7% of Shoprite, Africa’s largest supermarket operator by...
18 September 2017
70% of Europeans own homes
Within the European Union, former communist countries report the highest ownership rates, which translate into a dynamic D.I.Y. market. Romania leads the ranking with 98% ownership, with Croatia...
18 September 2017
Pandora takes over its Spanish distributor
In August, the Danish charm-bracelet retailer Pandora A/S signed an agreement to acquire 100% of City Time, which owns the distribution rights for Spain, Gibraltar and Andorra markets and posted...
18 September 2017
Beauty retailers consolidate to go global
With regulatory approval, the Brazilian retailer Natura completed the purchase of The Body Shop in early September 2017, significantly increasing brand awareness, geographic reach and sales...
18 September 2017
Pressure increases for toy retailers
Can U.S. toy retailer Toys’R’Us (875 stores in the U.S. and 765 internationally) successfully restructure debt without seeking bankruptcy protection? In June 2017, borrowing was
18 September 2017
A 5th consecutive year of falling Foreign Direct Investment in Africa
According to UNCTAD, foreign direct investment into Africa fell to US$59 billion in 2016,
11 August 2017
Alain Caparros moves from Rewe to C&A
In May 2017, Philippe Brenninkmeijer resigned as C.E.O. of C&A Europe to join the Brenninkmeijer family’s investment vehicle called “Cofra”.
27 July 2017
Cristina Scocchia From L’Oréal to Kiko
Cristina Scocchia is the new C.E.O. of the fast-growing Kiko Group (owned by Percassi). She is responsible for global expansion of Kiko Milano worldwide and developing the other labels of Madina...
27 July 2017
U.S. retailers face a war for talent
In the U.S.A., C.E.O.’s salaries at large grocers were an average of US$1.5 million last year, down 14% from 2012. Chief executives at the 10 largest grocers in the U.S. received US$6,6...
27 July 2017
Which are the world’s most attractive global destinations ?
For 16 years, the "Global Retail Development Index" from AT Kearney has informed retail investment by ranking the 30 most attractive developing countries. It identifies countries that are both...
27 July 2017
SES Imagotag may have a new Chinese shareholder
The specialist of electronic labels (sales of €177 million in 2016 via 150 million labels in 12,000 stores) entered exclusive negotiations with BOE Technology from China, the world’s...
27 July 2017
H&M expands in Indian 2nd tier cities
In the 2nd half of 2017, H&M will add eight stores in India, including second-tier cities in its expansion plan. New stores are expected in Bangalore, Delhi NCR, Mumbai
27 July 2017
South Korea, a world engine for online FMCG sales
According to Kantar Worlpanel, e-commerce accounted for 4.6% of the global FMCG and fresh products market in value during the fiscal year ending in December 2016, but it generated 35% of its...
27 July 2017
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