Global retailing news

07 June 2016
Chinese state-owned retail giant Bailian Group has launched its own e-commerce platform, aiming to boost online and offline sales. An integrated e-commerce platform The upgraded service, part of its Internet Plus strategy, include an e-commerce website www.bl.com which unified three online platforms the group operates previously, as well as a mobile app and WeChat service accounts. Among...
07 June 2016
Woolworths has announced that it will scrap its AU$1bn a year 'Woolworths Select' mid-tier private label in favour of a new brand known simply as 'Woolworths'. New 'Woolworths' brand to focus primarily on food products The 'Woolworths Select' brand was launched in 2005 and has grown to a range of over 1,300 SKU's, however Woolworths has taken the decision to rebrand the range as 'Woolwor...
07 June 2016
Leading Japanese convenience store operator Lawson expects its operations abroad to make a profit in the next financial year. Improved profitability driven by China The optimistic projection was made by Sadanobu Takemasu, Lawson’s new president and chief operating office, in an interview, where he said that the improved performance in Lawson’s overseas operation is led by the growth in ...
07 June 2016
In an interview with The Times, Lennart Lajboschitz, founder of international discount chain Flying Tiger (recently rebranded from Tiger), talks about the retailer's proposition and plans to grow. Creating an emotional connection Lajboschitz talks about making products emotional, therefore creating an experience between the consumer and product, which is where the magic of this successf...
07 June 2016
Japanese retail giant Aeon has announced that they will collaborate with French frozen food retailer Picard Surgelés and launch the first frozen food supermarket in Japan. A new company Aeon Saveur to operate Picard Aeon will establish a new company, Aeon Saveur, in 1 June in Japan’s Chiba Prefecture. Aeon Saveur will work with Picard Surgelés to launch a full-scale Picard supermarket in Ja...
07 June 2016
Japanese retailer Ito Yokado will shut down another store in Beijing, after four have been closed since 2014. Store closure due to dispute on lease terms Ito Yokado, a subsidiary of Seven & I Holdings in Japan, will close its store in Beijing’s Daxing district on July 1. This is mainly due to the store’s landlord breaching the lease contract, causing the store unable to operate. It...
06 June 2016
.style1 { text-align: center; } Sandwiched in between James Corden, Nick Jonas and Katy Perry at last week's Shareholders' Meeting, Walmart's CEO, Doug McMillon, outlined how the retailer is taking the opportunity to re-imagine retail.  Writing chapter four of Walmart's story With the usual mix of formal presentations and entertainment, Walmart rounded off its annual Shareholders' Week ...
06 June 2016
Schwarz Group, the clear market leader in Romania has reported strong 2015 financial results with revenues reaching EUR3 bn. Double digit revenue growth Lidl has reported revenue of EUR1 bn in 2015, up by estimated 11%, while its sister Kaufland saw a 16% sales growth to EUR2 bn, Kaufland’s largest sales growth in the last three years. The growth was driving by strong like for like sales...
06 June 2016
The two Japanese convenience store operators are buying up convenience stores in the U.S. to offset slow growth at home. 7-Eleven acquiring 79 stores in California and Wyoming 7-Eleven will buy 79 gas stations and convenience stores from CST Brands Inc. The successful expansion in the U.S. forms a critical part of the retailer's new growth strategy and structural reform after the new presid...
03 June 2016
Walmart is to pilot home delivery for groceries with specialist companies Uber, Lyft and Deliv. Seamless experience for Walmart’s shoppers The tests are expected to start within the next two weeks in Denver and one other market. These will build on a Sam’s Club pilot that started in March with Deliv, involving the delivery of general merchandise and groceries for business members in Miami. ...