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 – 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…

Global Retail Intelligence – October 2016

To follow is a brief review of retail news from around the world: October 1 – D Mart, India The Business Standard (Mumbai) reports that India supermarket operator, D Mart “is looking to add over 60 per cent more space in the next three years. The chain, the third largest retailer after Future Group and Reliance Retail, has 3.4 million square feet of retail space now and is…

Global Retail Intelligence – September 2016

To follow is a brief review of retail news from around the world: August 26 – Walmart & ASDA, UK Bloomberg offered a review of the state of supermarket retailing in the UK including a suggestion that “Walmart should cut Asda loose. The U.S. retail giant has struggled with the U.K. supermarket it bought for 6.7 billion pounds ($8.9 billion) in 1999. A sale to a private…

British Retail Sales Rose Strongly in July

The Wall Street Journal reported today that, post Brexit, “(UK) households largely shrugged off the referendum result and kept spending” with retail sales gaining 5.6% in July compared to a year earlier. For more information, please click here. …

John Lewis to Tie Up with Myer in Australia

The Sydney Morning News reports that British department stores operator will bring its “successful homewares category” to a partnership with Australia retailer Myer. The News reports that “by the end of the year the first of this new ‘department store within a department store’ concept will open in Sydney's Northern Beaches Warringah Mall retail centre followed by rapid-fire…