Global Retail Intelligence

Dedicated to helping IBC members market and sell their products internationally by sharing information, providing networking opportunities and offering programs to assist, support, and educate.

Global Retail Intelligence – June

To follow is a brief review of retail news from around the world: June 29 - Alibaba Group Holding Ltd. is raising its bet on populous Southeast Asia, a region that is home to more than 600 million consumers. The Chinese internet giant said Wednesday it is plowing an additional $1 billion into Southeast Asia e-commerce firm Lazada Group, raising its stake to 83% from 51%.…

Global Retail Intelligence – May

To follow is a brief review of retail news from around the world: May 19 – Alibaba Delivers Yet Another Year of Powerful Growth China’s vast ranks of consumers are finding ways to spend more money online — and that’s good news for Alibaba. The Alibaba Group, the Chinese e-commerce giant that a few years ago led the biggest share listing in the history of the American stock…

Global Retail Intelligence – April

To follow is a brief review of retail news from around the world: April 28 – Soriana (Mexico) See Solid Growth in Q1 Soriana presented positive results during the first quarter of 2017. Its revenues were 35,248 million pesos, equivalent to a growth of 1.3% compared to the same period in 2016 when it had revenues of 34.793 million pesos. This increase was driven mainly by…

Global Retail Intelligence – March

To follow is a brief review of retail news from around the world: March 31 – Amazon in Australia Not the End of Retail There After months of teasing, Amazon will reportedly “greatly expand” its online offer in Australia over the next year. The move has been predicted to “decimate retailing as we know it”, but the sky will not fall in. Shopping centres won’t close and…

Global Retail Intelligence – February

To follow is a brief review of retail news from around the world: February 1 - Temasek, Others Plan to Sell Stake in Indonesian Retailer Matahari Major shareholders, including Singapore state investment firm Temasek Holdings Pte Ltd., are planning to sell their stake in the Indonesian retailer Matahari in a deal that could value the company at as much as $1 billion,…

Global Retail Intelligence – January

To follow is a brief review of retail news from around the world: January 4 – Future Group partners with Cognizant for FMCG arm FCL IT major Cognizant has entered into a strategic partnership with Kishore Biyani-led Future Group to transform its FMCG arm Future Consumer Ltd (FCL) into a connected enterprise. Under the pact, the New Jersey-based firm will build a platform…

IBC Members Meet with ACE Hardware International

On December 1, IHA’s International Business Council (IBC) hosted ACE Hardware International at an IBC Members-Only meeting in Chicago at the IHA office. With several IBC members in attendance, the retailer-owned cooperative explained how their Global team selects products and determines assortments offered to their member-retail stores outside of the U.S.A. Following the…

Global Retail Intelligence – December 2016

To follow is a brief review of retail news from around the world: December 1 - When it comes to shopping, Canadians just aren’t clicking as only 2% of sales are made online While bricks and mortar retailers remain justifiably panicked about losing sales to digital-only ecommerce players like Amazon, it still comes as a surprise to learn that online sales account for just…

Global Retail Intelligence – November 2016

To follow is a brief review of retail news from around the world: November 1 - Australian Dollar Growth Bloomberg says that the performance of the Australian dollar may be a positive indicator for the global economy. The currency is the top performer in developed markets since mid-year, and Australia’s ties to China and commodities makes it an economic barometer. The…