Retail News

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…

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…

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…

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…

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…

To follow is a brief review of retail news from around the world: January 15 – Ahold Delhaize to Open Additional Outlets in Belgium In addition to opening 200 new Fresh Atelier and Shop&Go stores, announced in late October, the group plans to add 100 new supermarkets (SM, AD or Proxy) and 30 to 50 Albert Heijn supermarkets in Flanders, Belgium for a total of 350 new…

To follow is a brief review of retail news from around the world: December 18 – China’s JD.com’s JD Central Commerce forms JV with Thailand’s Central Group JD Central Commerce, the joint venture between Chinese internet giant JD.com and Thailand's largest retail firm Central Group, has teamed up with the government and a private university to enhance the competitiveness of…

To follow is a brief review of retail news from around the world: November 15 – Australia’s Coles Opens Small Format Stores Coles has unveiled its answer to competitor, Woolworths’ Metro small-format store, Coles Local.  The first outlet is about half of the size of a full supermarket and will offer gourmet local produce, specialty ranges, an in-store chef,  barista and a…

To follow is a brief review of retail news from around the world: October 15 – Amazon Bids on 30% Stake in India’s Spencer’s Retail Amazon has bid $400 M for 30% stake in Kolkata-based grocery chain with 128 stores in over 30 cities in India with 58 large-format, hypermarkets and supermarkets and reported revenues of $282.9 M in FY18. From Inc42 October 15 – Google Plans…