Colruyt and Carrefour rebalance European assets Europe On June 17, the Les Mousquetaires Group (2024 sales: €42.5 billion, up 6.4%) announced exclusive negotiations to acquire 81 Colruyt stores,…
China’s Wanda sells 48 malls in mega deal Asia In China, real estate developer Dalian Wanda Group (513 Wanda Plaza malls covering 70.9 million sq.m) is selling 48 shopping centres in a US$6.94 billion deal.…
Acquired for US$8.5 billion, Dollar Tree sells Family Dollar for US$1 billion Americas On March 26, the American discounter Dollar Tree (owner of the eponymous brand and Family Dollar) reported a turnover of US$30.83 billion in 2024 via 2900 stores,…
USA: Quiksilver, Roxy and Volcom operator shuts down 122 Stores Americas On February 7, Liberated Brands (2022 revenue : US$422 million, up by 21%, with no new figures since) began closing 122 stores across the U.S.A.…
Following the collapse of Big Lots, specialist retail concentrates in the U.S. Americas In a sluggish U.S. property market, discount furniture retailer Big Lots found a partial buyer. Variety Wholesalers is to take up to 400 stores.
After a US$1.5 billion disposal, Advance Auto Parts closes 15% of its stores Americas In the U.S.A., Advance Auto Parts (AAP, 69,000 employees at the end of 2023), the American auto parts specialist, announced a closure of 727 stores (523 Advance Auto Parts,…
