shopping malls

In Dubai, Majid Al Futtaim (2024 turnover: €8.53 billion from 87 stores and 29 malls, up 1% year-on-year) unveiled a US$1.4 billion investment in mid-April to revamp the Mall of the Emirates...

15 May 2025

In a booming second-hand market, 2nd Street continues Asian expansion

Japanese second-hand specialist 2nd Street continues to expand, opening a first store in Singapore at the end of April in the 313@Somerset centre (26,800 sq.m of net leasable area). The 575 sq.m...

9 April 2025

Simon Property steps up in offsite retail media

Simon Property Group, the world’s leading commercial property company (2024 revenue: US$5.96 billion, up by 5.4%, via 229 malls covering 180 million sq.m and 2 billion visitors per year)...

2 April 2025

APAC: occupancy rates rise, retail investment up 27% in 2024

In Japan, the Tokyu Plaza Ginza mall in Tokyo has been acquired in early February for US$1 billion by Gaw Capital and Patience Capital. Meanwhile, JLL reports that commercial property investment...

25 February 2025

Philippines’ SM Prime announces the opening of 5 new malls

SM Prime Holdings, the Philippine commercial property giant, is continuing to expand. With 5 openings planned for 2025 – 3 in the Philippines in Laoag, La Union and Zamboanga, and 2 in China...

11 December 2024

Retail property: Blackstone strengthens on the U.S. West Coast with a US$4 billion acquisition

On November 6, 2024, U.S. investment fund Blackstone (US$336.1 billion in assets) announced the acquisition of Retail Opportunity Investments Corp (valued at US$2.13 billion) for approximately...

7 November 2024

Emaar Properties invests US$400 million to expand the Dubai Mall

The Dubai Mall (opened in 2008) is about to undergo major works. Owner Emaar Properties is investing US$410 million to expand the world’s 6th largest shopping centre, that covers 1.11...

26 September 2024

USA: malls only 2.3% away from returning to pre-Covid-19 traffic

According to Placer.ai, shopping centre traffic in the U.S.A. is almost back to pre-Covid-19 levels. While foot traffic in 2021 was 10.9% lower than in 2019, figures improved by 2023. Last...

16 July 2024

USA: Ikea wants to take advantage of falling valuations and acquire more malls

While e-commerce has plateaued at around 25% of sales for the past 2 years, Ingka Group (total sales €47.6 billion in 2023, up by 6.6%) is stepping up property investments. Last week, Cindy...

1 March 2024

South Korean group Lotte conquers Vietnam

Having withdrawn from the Chinese market, South Korean conglomerate Lotte is increasing investments in Vietnam, like other rivals. On September 23rd, the mixed-use complex, Lotte Mall West Lake...

16 October 2023

USA: Macy’s wants to triple small format stores

Macy’s (sales of US$5.1 billion in Q2 2023, up by 8% year-on-year) is stepping up expansion focused on small formats. The firm wants to triple small stores by Autumn 2025. On October 3, the...

4 October 2023

Travel retail: the LVMH subsidiary DFS invests in a large luxury mall in Hainan

On 1st October, travel retail specialist DFS Group announced plans to open an ultra-luxury shopping centre in Sanya on Hainan island by 2026. Named “DFS Yalong Bay”, this 128,000 sq.m...

3 October 2023

U.K. Will duty-free shopping for foreign tourists return soon?

The scheduling of a parliamentary debate on 7 September 2023 on the reintroduction of duty-free shopping in the U.K. is a first victory for British retailers. During this debate for around fifty...

24 July 2023

Following Central Retail, Aeon invests massively in Vietnam

On 19 July, the leading Japanese retailer Aeon (turnover of US$16.6 billion in Q1 2023, up by 5% in one year) received a US$41 million loan from JBIC and Mizuho Bank to expand in southern Vietnam...

24 July 2023

China: Harrods targets the ultra-rich with a private club in Shanghai

On 17 July, Harrods announced the evolution of “The Residence” concept (launched in 2020) with the creation of a private club for ultra-rich customers. The company’s first...

20 July 2023

Unibail-Rodamco-Westfield continues to reduce debt and refocuses on Europe

Five years after the acquisition of Westfield, URW is accelerating a sale of assets in the U.S.A. to reduce debts.

10 January 2023

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Refurbished smartphones: why Largo relies on Speeral automation

The start-up founded by the duo behind Teester and Skeepers is accelerating automation of second-hand product flows. The strategy is to use AI to direct products to high-traffic marketplaces such...

9 December 2025

Leroy Merlin and Aroma‑Zone launch in‑store analytics pilots with XXII

French retail tech XXII, which aims to become the Google Analytics and Contentsquare of physical stores, has already signed with 15 retailers and shopping centres, mind Retail learned. A year...

5 December 2025

Already in POC, Dialog’s conversational agent shows up in the search bar

Buoyed by a €3.8 million seed round closed in mid‑November 2025, French start‑up Dialog, specialised in AI‑based conversational e‑commerce, is accelerating. Initially placed on product pages, this...

4 December 2025

E‑commerce: How Hive customises free‑delivery thresholds using customer data

With 500 e‑merchant clients, including Embryolisse, Hindbag, Airup, Hygée or Jacks Beauty Line, German logistics provider Hive is capitalising on data to raise e‑commerce conversion via a finely...

2 December 2025

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Online Advertising: Leroy Merlin and Auchan at the heart of a political controversy

Since November 17, Leroy Merlin has faced controversy after a report from Sleeping Giants, an activist group against online hate speech. The organisation alerted the Adeo group retailer (GMV 2024...

21 November 2025

How Maison 123 generated €420,000 on WhatsApp in 5 months

Riding on a reduction in Meta’s commercial policy, Wax start‑up specialised in WhatsApp engagement, is gaining ground, capitalising on messaging as a customer acquisition and retention channel in...

3 December 2025

Laurent Hugou (Les Mousquetaires): “With Diebold’s camera system, shrinkage at self-check-out is reduced by a third”

Shift towards an omnichannel payment service provider, roll-out of mobile payment and Diebold’s computer vision solution for self-checkout, impact of one-click payment on online sales, adoption of...

11 December 2025

Retail media: Marionnaud bets on print with Figaro to boost drive-to-store

According to our sources, Marionnaud’s beauty retailer will expand an advertising unit into 3 new countries in 2026 and is launching another retail media lever in the French key market. The goal...

26 November 2025

Carmila join forces with Unlimitail and JCDecaux to equip 252 malls

On December 9, Carrefour and Carmila signed a partnership with Unlimitail and JCDecaux to create a retail media network combining indoor DOOH and outdoor OOH across their sites in France and...

12 December 2025

Walmart parts ways with C.E.O. after 9-month revenue up by 4.4%

On November 14, the world’s largest retailer, Walmart (revenue 2024: US$681 billion, up by 5.6% at constant rates), announced the departure of C.E.O., Doug McMillon. In office since...

21 November 2025