News brief

Après le Japon, la Malaisie et la Corée du Sud, le promoteur américain Simon Property Group va entrer en Thaïlande qui deviendra ainsi son 4e marché asiatique. En...

3 July 2018

Chine. Les grandes ambitions des Galeries Lafayette

Si nombre de grands magasins sont en difficultés en Europe (House of Fraser ferme la moitié de son parc au R.U.), les Galeries Lafayette (GL) perçoivent l’expansion...

3 July 2018

Massive downturn for Danone in Morocco

In the context of an economic spending crisis in Morocco, the dairy-product maker Danone issued a profit warning, reporting a significant fall in annual margin and turnover for the Moroccan...

3 July 2018

The “Ikea from South Africa” loses asset value from capitalisation

In the period to March 2018, Steinhoff International (the owner of Conforama, Mattress Firm and Kika/Leiner) posted a net loss of €621 million. This was caused by significant asset...

3 July 2018

Oman’s first Westfield-style mall to open in September 2018

With a retail space of 70,500 sq.m GLA out of 147,200 sq.m., the Al Araimi Boulevard mall will be Oman’s biggest shopping centre. Developed by Al Raid Group over two floors in the coastal...

3 July 2018

U.A.E. Waitrose introduces a plastic bag charge

The British retailer Waitrose (operated locally by Fine Fare Food Market) has been the 1st grocery retailer in the United Arab Emirates to set up a €0.06 per single-use plastic bag from June...

3 July 2018

Noon e-retailer has ambitions in Pakistan

The U.A.E. e-retailer Noon (backed by a group of Gulf investors and Saudi Arabia’s Public Investment Fund) is considering opening in Pakistan. “We should look at Pakistan because it...

3 July 2018

Build-A-Bear, The Concept of the Month

The continued dramatic upheaval of the toy sector is marked by Amazon’s toy sales growing by 12% in 2017 matched by Toys’R’Us closing all the operations in the U.S.A. and the...

3 July 2018

In 2018, Amazon’s sales will jump by almost 30% in the U.S

According to a study from eMarketer, Amazon is on track to capture 49.1% of the overall U.S. online sales, an increase from 44% in 2017. If this forecast is accurate, the company is crossing a...

3 July 2018

Cash & Carry. Carrefour-Brazil launches a high-speed checkout

In the Vila Maria Atacadao cash & carry store in São Paulo, Carrefour is testing a new completely automatic checkout system. This is an unprecedented move for the Brazilian wholesale...

3 July 2018

US$500 billion in Tariffs on Chinese products? For the U.S

Treasury Secretary Steven Mnuchin, “It is definitely a realistic possibility” that the U.S. will impose tariffs on all $500 billion worth of goods imported from China as part of...

3 July 2018

U.S. malls vacancy hits six-year high

According to a study from Reis (77 cities studied), mall vacancy rate reached 8.6% in the quarter to June 2018, up from 8.4% in Q1 2018. Malls are the emptiest they’ve been since 2012...

3 July 2018

Wal-Mart gets sale green light from Brazilian authority

In late June 2018, the Brazilian antitrust authority approved a sale of Wal-Mart’s local business to the buyout investing firm Advent International without sales of

3 July 2018

American Dream Miami, The Mall of the Month

As store closures are accelerating, in May this year Florida officials approved plans to build the largest mall in the U.S.A. Called the American Dream Miami, this will cover 576,210 sq.m GLA for...

3 July 2018

Department stores. “Enhancing fulfilment capacity is a priority”

In Canada, the department store retailer La Maison Simons (15 department stores, sales of US$385.6 million in 2017) completed the largest investment in 178 years of trading. A US$166 million...

2 July 2018

Department stores. “Enhancing fulfilment capacity is a priority”

In Canada, the department store retailer La Maison Simons (15 department stores, sales of US$385.6 million in 2017) completed the largest investment in 178 years of trading. A US$166 million...

2 July 2018

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Eric Meulien, Al Futtaim: “The next step in our roadmap is to replace the in-store POS system”

Operating in 18 countries and managing brands such as Ikea, Zara and Marks & Spencer, Emirati group Al-Futtaim (2025 revenue: US$9.7 billion, up by 6%) has a unique vantage point from which to...

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Marketplaces: How Orange and Virgin Australia reinvent their value creation models

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How Maison A.Constant built a unified customer database with n8n

Eager to bring together customer data and improve data accuracy, jewellery and watch retailer Maison A.Constant built its own Single Customer Repository (SCR) using n8n, an orchestration platform...

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Cashback: Younited secures an exclusive contract with Bouygues Telecom

Following Orange and the launch of a marketplace, Bouygues Telecom is strengthening a customer loyalty strategy by focusing on purchasing power with a new cashback offer. For French fintech...

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