Retail News

Global Retail Intelligence – October

October 22 – Alibaba Aims to Break Records with 11.11 Shopping Festival Alibaba plans to top 2018’s $30bn sales by offering over one million new products to their 500 million registered users. This is the eleventh 11.11 Shopping Festival and the online giant is aiming to upgrade its consumers’ lifestyles through new product and brand offerings. From The Drum October 22 –…

Global Retail Intelligence – September

September 30 – France’s Fnac Opens First Nature & Découvertes Shop-in-ShopA few months after the accusation of a leading omnichannel retailer of products in the natural and well-being sector, Fnac opens its first shop-in-shop location. Article written in French From LSA Commerce & Consommation September 30 – Germany’s Kaufland Expands Delivery Service…

Global Retail Intelligence – August

August 19 – France’s Les Mousquetaires Plans Store Openings in Portugal Intermarché, the banner under which Las Mousquetaire’s stores will operate in Portugal, plans invest €200 million to open 105 stores by 2023, of which €60 million will be invested in 2019 to open 15 new…

Global Retail Intelligence – July

July 15 – Spar International Plans to Enter KosovoWith the opening of three stores in Kosovo, three more by the end of 2019 and seven additional stores by 2020, Spar International confirmed that it will work alongside the newly established consortium of wholesale and resale partners in the country. From European Supermarket Magazine July 12 – David Jones…

Global Retail Intelligence – June

June 19 – Germany’s Metro Expands in MyanmarMetro Wholesale Myanmar is seeking to expand its operations in Myanmar, aiming to open in Mandalay, Nay Pyi Taw, Taunggyi and other major metropolitan locations in the region. From Consult Myanmar June 17 – Costco to Open Its First Store in ChinaFive years after Costco opened its first online store in China, it plans to open…

Global Retail Intelligence – May

May 22 – UK’s Marks & Spencer Reshapes Strategy after Annual Profit Decline of 10% With a plan to open larger format food stores, shifting away from smaller convenience outlets and closing other outlets that also sell clothing and housewares, Marks & Spencer’s new approach shows a shift of strategy. From Bloomberg May 22 – Spar International to Expand China…

Global Retail Intelligence – April

To follow is a brief review of retail news from around the world: April 23 – Walmart China Has Competitive Advantage with JD.com Alliance in Highly Competitive Market With 433 retail outlets in China, including 412 Walmart supercenters, Walmart plans to add 23 Sam’s Clubs by 2020. In 2018, Walmart and JD.com jointly invested $500 million in online-to-offline grocery…

Global Retail Intelligence – March

To follow is a brief review of retail news from around the world: March 19 – India’s Reliance Retail to Open New Stores Reliance Retail plans to expand its low-cost fashion store network Reliance Trends to 2,500 locations within the next five years. From Retail News Asia March 18 – Walmart Japan Announces Seiyu Is Not For Sale Newly appointed CEO of Walmart’s Japanese…

Global Retail Intelligence – February

To follow is a brief review of retail news from around the world: February 19 – Co-op UK Expands Through Franchise Program Co-op UK will offer independent retailers the opportunity to become a part of the brand as it aims to expand beyond the plan to launch around 100 new stores in 2019. From European Supermarket Magazine February 16 – MediaMarkt to Take Over Tesco’s…