News brief

At the end of April 2019, in the Soho district of New York, the women’s fashion brand Farm Rio will open its first point of sale in the U.S.A. on a sales area of 210 sq.m (address 113 Prince...

16 April 2019

Shoes with manicures in store

In the U.S., the DSW shoe brand (capitalisation of US$2.4 billion, up 48% in one year) will install manicure services in 5 additional stores. Since 2017, it has been testing nail bars in 2 stores...

16 April 2019

Cencosud has big ambitions for its stock market listing

In Chile, the retail giant Cencosud plans to sell up to 30% of the property business for US$1 billion. The Cencosud group, which manages 54 malls and 1,100 stores (Jumbo hypermarkets, Paris and...

16 April 2019

Brazil. Birth of a giant in shopping centres

By next month, shopping centre operators Aliansce Shopping Centres and Sonae Sierra Brasil are expected to enter into a merger agreement, which means that the combined firm will be worth more than...

16 April 2019

Ikea wants to make inroads into Mexico

In Mexico, the forthcoming entry of the Ikea Group highlights the new strategy of the world’s largest furniture retailer (sales of €38.8 billion in the fiscal year to late August 2018)...

16 April 2019

Sephora is expanding and announces collaboration with treatment facility

In the wake of Ulta Beauty, the French beauty retailer Sephora (460 stores in the U.S.A. with 660 “corners” at J.C.Penney) is expanding in-store treatment services. The L.V.M.H...

16 April 2019

The cost killer Action slowed in its growth

For its 25th anniversary of creation in the Netherlands, the financial results of Action BV, (known as the “cost-killer” for domestic products and small decorations) were somewhat...

16 April 2019

Aldi opens a compact urban format for London

The German discounter Aldi is piloting a smaller size store (600 sq.m) under a new banner called Aldi Local. This walk-in store is between a convenient grocery store and a typical Aldi supermarket...

16 April 2019

Primark launches beauty treatments for the Birmingham flagship

The building of the world’s largest Primark store is almost completed in Birmingham (the store will cover almost 15,000 sq.m GLA). Located just 2.5 hours from London, it is scheduled to open...

16 April 2019

In Luxemburg, Auchan Retail aims to achieve financial balance for “click & collect”

The “click & collect” business of grocery orders for Auchan Retail in Luxembourg, which has been active for 7 years, remained loss-making in 2018 via four “click &...

16 April 2019

“Offering more options to withdraw online orders helps growing the size of the market”

16 April 2019

Normal sets the stage for an entertaining and humorous shopping experience with at treasure hunting aspect within the beauty industry

Within the beauty sector, the discount retailer Normal sets the stage for a successful retail format based on the idea of permanent low prices. Our reporter Cecilie Bahr met Torben Mouritsen...

16 April 2019

Financial Times reveals new retail nuggets

The British daily newspaper Financial Times published a 3rd annual study to measure (in partnership with Statista) a ranking of the European 1,000 fastest-growing firms. This ranking by turnover...

16 April 2019

Under Armour seeks international recovery

The U.S. sporting brand Under Armour, known as the indefatigable challenger of Adidas, is focussing on international expansion as a spearhead to financial recovery, following a restructuring in...

16 April 2019

“Make your brand visible and desirable in your home market before thinking of entering the UAE”

16 April 2019

Lidl poaches an Aldi’s calibre

This is both an innovative job creation and an audacious poaching of a top-level executive. In early March 2019, Lidl appointed the trouble-shooter Roman Heini, former Aldi’s international...

18 March 2019

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