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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Marketplaces: Stockly enters Switzerland with MediaMarkt, Decathlon, Galaxus and Manor

After a loss-making but high-growth year in 2025, the stock-pooling start-up for marketplaces signed agreements with 4 Swiss players, mind Retail learned. By taking on one of Europe’s most...

30 January 2026

Save launches an e-commerce site to support a shift towards sales

Having just reached break-even, the French subsidiary of refurbished specialist Save intends to go beyond an historical model of repair to develop sales of accessories and refurbished products...

23 January 2026

Shoptimus AI scales up in grocery smart shopping lists and prepares for a new funding round

After securing a strategic partnership with Spanish grocer Bon Preu, retail tech firm Shoptimus AI—first spotted by Carrefour—is accelerating a rollout. By leveraging AI agents to automate grocery...

11 January 2026

Agentic AI: Hymalaia attracts retailers and announces imminent fundraising

According to our sources, the young start-up Hymalaia is continuing development in retail with 4 new retailers currently in POC and an imminent fundraising. We examine the details.

16 December 2025

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Global retail tech investment rose by 7.4% in 2025

In 2025, venture capital continued to flow into commerce technologies. With 27.5 billion dollars invested in retail tech, the average deal size increased while the number of transactions declined.

23 January 2026

Retail tech: major trends for 2026

In 2026, retail can no longer afford to promise. It must deliver. Retail tech has entered the execution stage. The race for showcase innovation is over, giving way to clear priorities: operational...

30 January 2026

Facing pressure from China’s JD.com, Kretinsky launches a takeover bid on Fnac-Darty

On January 26, Fnac Darty (unaudited 2025 revenue: €10.3 billion, up by 0.7% on a like-for-like basis) announced the launch of a public takeover bid by Daniel Kretinsky. The Czech billionaire...

28 January 2026

Cyberattack: Coupang targeted by investor lawsuit in the U.S.

Under investigation following a cyberattack that exposed data for 33.7 million customers and resignation of C.E.O. Park Dae-Jun on December 10 2025, South Korean e-commerce retailer Coupang (2024...

6 January 2026

After acquiring Salomon, Anta sets sights on Puma

On January 27, Anta Sports Products (H1 2025 revenue: RMB 38.5 billion, up by 14.3%) reported plans to acquire Puma from Artemis, the investment holding company of the Pinault family, which also...

27 January 2026