News brief

A female C.E.O. Boosts sales
According to a study of 800 Italian firms by Luca Flabbi,
12 January 2017
MARKA CHIEF RESIGNS
Marka Group, the Dubai-listed retailer, announced the resignation of C.E.O. Nick Peel in late December 2016. Marka operates the 3 branches of Marka Sports,
12 January 2017
Marks and Spencer Chairman to step down
At Marks&Spencer, 2016 has been the year of radical changes. After the resignation of C.E.O. Marc Bolland and the arrival of Steve Rowe in January, the British retailer has announced that...
12 January 2017
Can Malaysia solve retail oversupply
Moving to reduce the glut of retail space in Malaysia, the Retail Chain Association (300 retailers operating over 20,000 stores in the country) requested that the government temporarily freeze the...
12 January 2017
Ikea aims to modernise Indian retailing practices
By the end of 2017, the world’s largest home furnishing retailer Ikea will inaugurate its 1st Indian store in Hyderabad (in Telangana State, created in 2014 from Andhra Pradesh) and a few...
12 January 2017
House of Fraser plants a flag on China
After an eight month delay, without details of the investment, the British chain House of Fraser has opened a 1st Chinese department store in Nanjing, capital of Jiangsu province in Eastern China.
12 January 2017
Retail sales plummet in India
In India, an array of retailers predicts a sales drop of two-digits over the next few months. For Vivek Bali, Business Director of Sephora in India, sales of the chain of beauty stores could drop...
12 January 2017
DECATHLON MAKES INROADS IN IVORY COAST
The Decathlon sporting goods retailer (turnover of €9.1 billion in 2015) has made its foray in Ivory Coast on December 10, 2016, in the city of Abidjan. The store has a sales area of 1,200...
12 January 2017
SHOPRITE AND STEINHOFF MAY CREATE AN AFRICAN RETAIL GIANT
The South African giant Steinhoff International Holdings is hungry for acquisitions. After taking over the British discount retailer Poundland and U.S. specialty retailer Mattress Firm (the...
12 January 2017
SELLING EDUCATION BOOTS REVENUE FOR U.S. MALLS
In the U.S.A., landlords are looking for new tenants to engage shoppers with new creative offerings, including teaching new skills in a casual atmosphere. Such new services generates more...
12 January 2017
NATURA CHANGES THE BRAZILIAN BUSINESS MODEL
To recover revenue growth and innovation, the direct-selling retailer Natura Cosmeticos aims to open a large number of stores in the next 5 years. “We are fully committed to direct sales...
12 January 2017
U.S. and China. Which future for retail?
Chinese firms are already reassessing their investment projects in the United States of America following the election of Donald Trump on November 8, 2016 and his controversial Tweeter statements...
12 January 2017
AMAZON, THE CONCEPT OF THE MONTH
In Germany, the Centro shopping centre in Oberhausen has housed a 35 sq.m Amazon corner since October 2016. This store sells exclusively electronic products and related accessories (tablets...
12 January 2017
A weaker retail sector in Turkey
In Turkey, business is complicated for those who disagree with the President Erdogan. The owning family of the Modern East Mall, opened in the Asian part of Istanbul in May 2016 (60,000 sq.m GLA...
12 January 2017
Brussels combats retail tax avoidance
In Europe, the Green deputies have reported that Inditex, the world’s largest fashion retailer by sales (revenues of €16.4 billion in the 9 months to October 2016, up by 11%) set up...
12 January 2017
Decathlon rolls out its urban format
In the last years, the French sporting goods retailer Decathlon used Spain to pilot smaller shops, but the chain has now expanded into a European landscape in order to rationalize retail sq.m. For...
12 January 2017
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Conflicts in the Middle East: what impact on the supply chain and European retail?
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