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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
Under Armour focuses on department stores and a flagship
In the U.S.A., the sporting goods retailer Under Armour posted a 24th consecutive quarter of double-digit growth in June 2016. Net revenues jumped by 28% to US$1 billion. To maintain sales growth...
10 September 2016
Eataly expands into the U.S.A. and Brazil
The Italian chain Eataly, with 33 stores-restaurants, is expanding in all directions for Americans. In August 2016, it opened a 4th U.S. unit in the new World Trade Centre Mall in New York. Built...
10 September 2016
Wal-Mart changes e-commerce strategy
o increase market share in the fiercely competitive online retail market and keep abreast with Amazon, Wal-Mart signed an agreement in August to buy the U.S. online marketplace Jet.com for U$3.3...
10 September 2016
Outlets centres gain European traction
With similarities to the U.S.A., outlet centres attract both customers and investors, as they increasingly become “fashion destinations” as opposed to regular “outlets”...
10 September 2016
Turkish grocery retailers converge.
In Turkey, the fast-growing discount grocery retailer A101 is to purchase rival Çağrı, taking 45 stores in the Istanbul region. The firm operates hypermarkets, convenient stores...
10 September 2016
New faces expected in Moscow.
An array of international newcomers is announced in Moscow in the coming weeks. Dutch underwear brand Hunkemöller will open its doors in Mega Khimki, the British footwear chain L.K. Bennett...
10 September 2016
‘Brexit’ vote pulls British into stores.
In July 2016, the U.K. retail sales rose by 1.4% from June 2016 and by 5.9% when compared with July 2015 (source: U.K. Office for National Statistics). Warm weather boosted summer clothing sales...
10 September 2016
Chinese shoppers flock to Russia
Russia is becoming an unexpected hot shopping destination for Chinese tourists via a still-strong luxury retail market. In 2015, Russia was the 10th largest destination for tourists worldwide with...
10 September 2016
D.I.Y. All Leroy Merlin in 200 sq.m
In late September 2016, Leroy Merlin will open its 1st small store of only 200 sq.m in the city centre of Strasbourg, France. This D.I.Y. unit has 5 full-time employees and is much smaller than...
10 September 2016
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