News brief

After the retail start-up ‘Neighborhood Goods’ secured a seed round of US$5.7million in May, it announced a first store from November in an open-air retail and restaurant development...

12 December 2018

United States. RH opens biggest store to date

Furniture and interior decor chain RH (previously Restoration Hardware) has placed a significant bet on physical retail with a luxurious new store in New York. The 8,362 sq. m. store is RH’s...

12 December 2018

Shopping Centres: Why the Polish Market is still attractive

“The strength of the Polish economy is underestimated, as is the Polish retail sector”, said Mr. Hadley Dean, C.E.O. of E.P.P., the largest property company in Poland, in an interview...

12 December 2018

Italy: The ‘AuchanSpeedy’ app tested in 7 supermarkets

In March, the French group Auchan Retail launched a mobile payment service called ‘AuchanSpeedy’, developed with Mastercard. It is now available in 2 ‘MyAuchan’ convenience...

12 December 2018

Supernova buys 10 shopping centers in Slovenia

In November, Austria property group Supernova strengthened its position in Central Europe. It bought 10 shopping malls for €116.6 million from Slovenian retailer Mercator Group. Mercator will...

12 December 2018

Spanish chain of supermarket Mercadona to open in Portugal

Spanish retailer Mercadona is to open a first supermarket in Portugal in July of next year. The company will open 10 stores during the second half of 2019, in the districts of Braga, Porto and...

12 December 2018

Romanian DIY market expects a 7.4% growth in 2018

The Romanian D.I.Y. market grew by 8.5% to a volume of €12.4 billion in 2017, according to estimates by the market research company PMR. For 2018 an increase of

12 December 2018

SPAIN : EL CORTE INGLES number one in online sales for Fashion

El Corte Ingles is the top online brand for fashion in Spain by turnover. Sales reaches €390 million in 2017, according to Statista and Ecommercedb.

10 December 2018

McArthurGlen will invest US$1.1 billion in center expansions

McArthurGlen Group, Europe’s leading owner, developer and manager of designer outlet villages, will invest US$1.1 billion in new centers. The investment program includes 4 new developments...

10 December 2018

Rituals Cosmetics to expand Internationally

The Dutch cosmetics brand reported a US$617.2 million turnover in 2017, an increase of 36% from 2016. Net profit increased by 24.6% from US$49.8 million in 2016 to US$62.1 million in 2017...

10 December 2018

Black Friday has become a regular part of the retail industry all over the world

According to an annual survey by McKinsey, the original Black Friday after Thanksgiving offered mega deals in stores and was developed by American brick-and-mortar retailers in the 1990’s...

10 December 2018

Future Malls: How URW invents the place to go

At the merger between Unibail-Rodamco and Westfield, Jean-Marie Tritant was appointed as President of the group in the United States. Global Retail News asked him for an analysis of the American...

10 December 2018

Future Malls: How URW invents the place to go

How should we define a future Mall and commercial partnerships in this new data era? Following the merger with Westfield in June 2017, Global Retail News asked Christophe Cuvillier, Group CEO of...

10 December 2018

Edgard Bonte at Auchan Retail

The Association Familiale Mulliez (AFM) that controls the Auchan Holding (1) appointed Edgard Bonte, (aged 48) as President of Auchan Retail. Shareholders are determined to halt the decline of...

13 November 2018

John Lyttle: to Pure-retailer Boohoo

The pure-players attract managers from Brick-and-mortar! The founders of Boohoo, a fashion site for Generation Z that breaks records with a 50% increase in turnover to US$519 million over the last...

13 November 2018

Steve Kessel, the Amazon Retail Star

Amazon opens its new store formula ‘Amazon 4-star’ in New York on September 27th. This shop works on the same principle as Amazon Books by selecting the most popular items (more than 4...

13 November 2018

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