Global Retail Intelligence

To follow is a brief review of retail news from around the world: January 31 – Walmart May Buy a Stake in India's Answer to Amazon Walmart is negotiating to acquire a 15% to 20% stake in India’s leading homegrown e-commerce firm Flipkart. A deal would give both companies a greater advantage in competing with Amazon in India, according to the sources. From Fortune January…

To follow is a brief review of retail news from around the world: December 28 – New Shopping Mall Developments Planned for 2018 in Mexico Mexican developers are completing at least five large scale shopping mall projects set to open in 2018. The major new retail and entertainment complexes are under construction in cities including Puebla, Mérida and Mexico City via…

To follow is a brief review of retail news from around the world: November 30 – Miniso Plans to Ramp Up Expansion in Mexico Japanese-Chinese low-cost retailer, Miniso, announced an agreement with Mexican investment consortium Fibra Uno (FUNO) to accelerate the store chain’s expansion in the Mexican market. Miniso, which offers kitchenware and other products for the home,…

To follow is a brief review of retail news from around the world: October 31 – Chedraui Plans to Open Between 20 and 50 Supercito Stores in 2018 Mexican grocery and general merchandise retailer Chedraui, the country’s third largest retail chain, is focusing its growth strategy on its new reduced size Supercito store formats. *This article is written in Spanish. From…

To follow is a brief review of retail news from around the world: September 27 - Carrefour Is Rumored to Being Bought by Amazon According to French publication, "Les Echos", Carrefour share had the largest increase of the CAC 40 ((Cotation Assistée en Continu), a benchmark French stock market index) on Tuesday, an increase of 3.45% to €17.09. This revaluation follows a…

To follow is a brief review of retail news from around the world: August 28 – Nordic Retailer, H&M Launches New Store, Arket The first Arket store that features fashion and home products opened in London on Regent Street and the company has launched the online store.  Additional store openings are planned for Copenhagen, Brussels and Munich. From Business…

To follow is a brief review of retail news from around the world: July 27 - Wal-Mart de Mexico Net Profit Rises on Higher Sales, Lower Costs Mexico’s biggest retailer, Wal-Mart de Mexico SAB, said Thursday that its net profit increased 15% in the second quarter as higher sales combined with lower costs and expenses. From The Wall Street Journal July 26 - Amazon…