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Ikea expands in the Emirates
Ikea, whose sales grew by a single-digit in 2016 in the U.A.E.
24 March 2017
CDiscount ends an African adventure
Having closed in Senegal and Cameroon, Cdiscount discreetly shut the subsidiary for the Ivory Coast in December 2016.
24 March 2017
Telepizza is about to make a foray in Iran
The Spanish pizza retailer “Telepizza” signed a master franchise agreement with the Momenin Investment Group based in Iran and headed by Mr.
24 March 2017
Kidswear : A promising 1st month in Tehran
In Iran, the first “Kids Around” fashion store, inaugurated on 20 January 2017 in Tehran, posted a turnover of €64,000 during its 1st month of business.
24 March 2017
Dubai’s retail market is fragmenting
“The warning signs of market saturation have started to show in Dubai, where retail stock grew by 8% in 2016”, said Core Savills.
24 March 2017
Uniqlo moves towards sport specialty retail
In Tokyo, a new “Uniqlo Move” shop-in-shop will open in mid-March 2017. This 75-sq.m corner is located in Takashimaya department store in Shinjuku, only selling sportswear clothing.
24 March 2017
Tesco launches in Pakistan
Eager to test its private labels in Pakistan, the British Tesco signed a three-year deal with Alpha Supermarket, an established Indian retailer selling to a population of 200 million people.
24 March 2017
Carrefour-Brazil I.P.O. is planned in May
Carrefour is planning an I.P.O. of the Brazilian unit in May 2017, said Valor newspaper.
24 March 2017
In Brazil, retail sales fell by 6.2% last year
As a comparison, one year ago in 2015, they decreased by 4.3% (source IBGE).
24 March 2017
Online will fuel the U.S. retail growth in 2017
According to Fitch Ratings, U.S. retail sales are expected to increase up to 4% during 2017, excluding cars and petrol.
24 March 2017
Germans race for the U.S. discount sector
The German retailer Lidl confirmed a strong U.S. start in the summer 2017, with a goal of 100 East Coast openings the first year, including North Carolina, South Carolina and Virginia.
24 March 2017
Sandro and Maje land in Canada
The high-end fashion retailers Sandro and Maje, with majority shareholder the Chinese firm Shandong Ruyi,
24 March 2017
Calzedonia travels from Italy to the U.S.A
The fashion brand Calzedonia (clothing and beachwear) will open its 1st U.S. store in Q1 2017 on 40 sq.m in Garden City (New York State).
24 March 2017
Wal-Mart closes more stores in Brazil
Wal-Mart (480 stores in Brazil) continues to review feasibility in Brazil.
24 March 2017
The Body Shop soon for sale
The L’Oréal Group (sales of € 25.8 billion in 2016 up by 2.3%) plans to sell The Body Shop (3,000 stores in 66 countries).
24 March 2017
At Harrods, beauty is a winning bet
At Harrods in London (US$1.76 billion in sales last year, owned by Qatar Holding),
24 March 2017
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