In the U.S.A., Kroger and Albertsons begin targeted store closures Americas On June 20, Kroger (2024 revenue: US$147 billion, up by 1.5% year-on-year via 2,731 stores) announced closure of 60 unprofitable stores in the U.S.A.…
Japan’s Lawson relocates cashiers Asia In Japan, where bankruptcies linked to labour shortages jumped by 32% in 2024, convenience store chain Lawson has been testing remote cashiers based in Europe and the U.S.A.…
Alibaba opens a first furniture showroom in Hong Kong Asia On February 22, 2025, Taobao (Alibaba Group) teamed up with Chinese home furnishings platform Papabo to open a first physical furniture store.…
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.…
La Foir’fouille chooses Duval for franchise African expansion Africa, Middle East On January 31, discount chain La Foir’fouille (steady 2023 sales at €815 million,…
Oman: Majid Al Futtaim wipes out Carrefour brand in favour of HyperMax Africa, Middle East On January 7, 2025, Majid Al Futtaim (2023 sales : US$9.4 billion, up 1.1%,…
Stores closures jumped by 28% in the U.K. in 2024 Europe In 2024, the U.K. reported 13,479 store closures, an increase of 28% in a year,…
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,…
Seven & i drops the curtain in Israel Africa, Middle East After only 18 months of selling in Israel, the world’s 4th largest food retailer by sales,…
