Retail News

Global Retail Intelligence – September

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…

Global Retail Intelligence – August

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…

Global Retail Intelligence – July

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…

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,…