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In Brazil, Carrefour’s largest foreign market by sales, Noël Prioux replaces Charles Demartis. Brazilian businessman Abilio Diniz, Founder of Grupo Pao de Açucar who was ousted...

17 November 2017

Hudson’s Bay is looking for a new leader

Gerald Storch, C.E.O. of Hudson’s Bay Co. (HBC), left in November after only two years in the job. The Harvard graduate, former Head of Target and Toys’R’Us, is returning to his...

17 November 2017

Fast Retailing. Transition planned for 2019

Once he is 70 in 2019, can Mr. Tadashi Yanai, emblematic founding President of Fast Retailing, reduce his working involvement? In 2002 he already passed authority to Genichi Tamatsuka, returning...

17 November 2017

Birth of a Canadian retail gorilla

Metro supermarkets (sales of US$9.5 billion last year) have made a takeover offer of US$3.6 billion for the Jean Coutu drugstore chain, whose sales reached US$2.2 billion last year. If approved by

17 November 2017

Costco expands delivery services

Eager to boost its online revenue, the warehouse retailer Costco launched a service called “CostcoGrocery”. This offers free delivery within two days for 500 non-perishable products...

17 November 2017

Brazilian fashion grows again.

In 2017, the Brazilian fashion sector should grow by 7.9% in value (with total sales of US$59 billion) and by 5.5% in volume. Last year, Brazil’s fashion sales decreased by 2.6% in value and...

17 November 2017

Natura is boosting sales staff productivity

In Brazil, the Natura beauty retailer is aiming to boost productivity of sales consultants as a top priority. Indeed, the Brazilian firm has a local direct sales force of 1.2 million non-exclusive...

17 November 2017

“Recruiting Millennials, retaining the richest”

Amex is striving to retain brand loyalty and previous cachet amongst U.S. millennials (25 to 34 year-old) whilst only selling to the most affluent. This is the aim of Stephen Squeri, new C.E.O. of...

17 November 2017

No external growth for Uniqlo in the U.S.A

Tadashi Yanai, Founder of Uniqlo, does not intend to takeover a fashion retailer in the U.S. “If it was the case, it would mean assimilating an external culture to ours, which would be long...

17 November 2017

Everlane changes his mind for offline

Eager to build on learning from its successful pop-up stores, the fashion pure player Everlane is “looking to open stores as the next phase” said the C.E.O., who previously swore he...

17 November 2017

Supreme’s teenage fashion now has Carlyle on Board.

The U.S. brand of “streetwear” adored by young people, has Carlyle as a new shareholder. With 11 stores worldwide including 6 in Japan, Supreme is a specialist in limited editions...

17 November 2017

Lojas Americanas to expand into convenient stores.

To compete with Casino and Carrefour, Brazil’s department-store operator Lojas Americanas plans to open up to 3,000 convenient stores more focused on groceries (selling fresh frozen food...

17 November 2017

Online spending will take the lead for the U.S. holiday season

According to the 32nd edition of the Deloitte survey among 5,000 U.S. consumers in September, online retail spending during the holiday season 2017 is expected to outpace in-store spending...

17 November 2017

Ann Taylor tests a rental service in the U.S

In early October 2017, the U.S. fashion retailer Ann Taylor launched an online and shop-based rental program called “Infinite Style” at selected stores in Columbus, Ohio. Clients pay...

17 November 2017

U.A.E. luxury retail will decrease once again this year

According to Patrick Chalhoub, C.E.O. of the Chalhoub Group, luxury sales in the U.A.E. should decrease by 3% in 2017, following a 2% decrease in 2016. At a global level, Bain said that luxury...

17 November 2017

Auchan doubles in size in Senegal

In full ownership in Senegal since 2015, Auchan will buy a further 9 supermarkets from Citydia in Dakar (about 600 sq.m GLA each), increasing the store network to around 20 in the capital city...

17 November 2017

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12 December 2025

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Australia bans access to social networks for under‑16s

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