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From Target to Uber
Transportation firms are now poaching the best retail executives. Jeffrey Jones, (aged 48) will join Uber to be President of ride-sharing at Uber, acting as Deputy to the C.E.O. Travis Kalanick...
10 September 2016
A new Director for I.C.S.C.
American executive Bill Kistler has been appointed as the Vice President and Managing Director of the ICSC for the Europe, Africa and Middle East region, reporting directly to President Tom McGee.
10 September 2016
Amazon leads the race ahead
Fung Global Retail & Technology has released an interesting study, which analyses Amazon’s stunning performance between 2010 and 2015. It compares Amazon and the largest retailers in the U.S.A.
10 September 2016
A new strategy for Carrefour-China
In H1 2016, Carrefour-China sales dropped by 13% to €2.71 billion. The group plans to open up to 50 convenience stores in Shanghai this year and is launching online operations in Chengdu, in...
10 September 2016
Myanmar is slowly opening to foreign retailers
In August, Japanese firm Aeon set up a joint venture with local firm “Creation” to launch supermarkets in Myanmar before December 2016 (capitalisation of US$8.1 million). The 1st...
10 September 2016
Amazon Prime now in India.
In July, Amazon launched the unlimited delivery service in 100 Indian cities. Customers are offered a free trial for 60 days and a discounted annual subscription fee of US$7.50 (or 499 rupees)...
10 September 2016
Food manufacturers tap China’s potential
As Alibaba and JD fiercely compete in the food category, fast-moving consumer goods (FMCG) manufacturers make inroads in China. In the wake of Mondelēz and Nestlé, Mars Group is now...
10 September 2016
VF Corp. relies on China’s denim taste
According to the U.S. fashion retailer VF Corp., which runs Vans, Kipling, Lee and The North Face brands, China has “a strong growth potential” particularly regarding Lee products made...
10 September 2016
Dior embarks on social commerce on WeChat.
To generate sales during Chinese Valentine’s Day (also called Qixi Festival, on August 9 in 2016), Dior set up a unique promotion through the messaging application WeChat. This was selling a...
10 September 2016
Ikea invests for collection services in China.
“This business model of pick-up points with limited investment is suitable for smaller cities, where we don’t have physical stores”, said the group. In May 2016, Ikea opened a...
10 September 2016
Alibaba soon in India?
As Alibaba plans to launch in India before December, one of the options being considered is merging the current “Paytm.com” marketplace with Tmall. In 2015, Alibaba Group and affiliate...
10 September 2016
Muji. Japan travels to India
After over 4 years of discussion, in August the minimalist retailer Muji from Japan opened a 1st store in India, covering 230 sq.m within the Palladium mall in Mumbai. A 2nd unit should open in...
10 September 2016
China to become the n°1 global retail market
China is on track to become the world’s largest retail market in 2016, ahead of the U.S.A. According to a study from eMarketer, China should reach US$4.89 trillion of retail sales in 2016...
10 September 2016
Taco Bell enters Brazil via a franchise.
Taco Bell, a subsidiary of U.S. giant Yum-Brands, has signed a franchising agreement with Sforza, a holding company owned by local entrepreneur Carlos Wizard Martins. The first 3 outlets should be...
10 September 2016
Brazil’s stores fall by 17% in 18 months.
According to the National Confederation of Commerce, which monitors 700,000 stores in Latin America’s largest economy, Brazilian retailers closed 166,900 stores between January 2015 and June...
10 September 2016
Ahold-Delhaize to become the 4th largest U.S. grocery retailer.
The merger of Royal Ahold and Delhaize, completed in July 2016, creates the n°4 grocery retailer in the U.S.A after Wal-Mart, Kroger and Albertsons. This new giant will have to sell 86 stores...
10 September 2016
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