The COVID-19 pandemic has accelerated existing trends and channel shifts across Europe. Lockdown measures implemented in most countries have had an immediate impact on grocery retailing. In the first European Channel Forecasts Webinar IGD experts will look at these developments alongside three key channel trends to help you with business planning in the short to long term. Here are some ...

CJ Express Group is boosting its footprint to 1,500 stores, up from 530 stores it is currently operating. Three-year expansion before listing Founded in 2005 by Mr Sathien, CJ Express operates mainly convenience stores and some supermarkets in the central and the western provinces. The retailer plans to have 580 stores by the end of the year. "The retail business is not as easy as expected...

Walmart, KKR and Rakuten have signed an agreement that will change the ownership structure of Seiyu in Japan. New ownership structure In a deal worth JPY172.5bn (approx. US$1.6bn), KKR will acquire 65% majority stake in Seiyu, Rakuten will acquire a 20% stake, through a newly created subsidiary, and Walmart will retain 15%. The transaction is subject to regulatory approvals and is expected ...