Global retailing news

10 January 2018
JD.com plans to sell €2.0 bn (US$2.4bn) of French goods to Chinese consumers over the next two years, and to purchase another €100m (US$120m) in French technology. More opportunities ahead JD.com made the announcement during French President Emmanuel Macron's state visit to China, who also met Alibaba's Jack Ma during the visit. JD.com also said that Macron had met JD's chairman and chief e...
05 December 2017
The top five trends expected to shape the global retail market over the next 12 months have been unveiled by IGD. The predictions, identified by our international research, shopper insights and catalogue of global retail innovations, provide exclusive expertise into the key areas set to shake up the industry in 2018. We believe the following five trends will become more prevalent within the gl...
16 October 2017
Next year Walmart will open fewer than 25 new stores in the US. We look at what this means for its physical store format strategy. Investing in remodels, supply chain and technology Walmart plans on opening fewer that 15 Supercenters and fewer than 10 Neighborhood Markets next year. This will be its lowest pace of new store openings for over 15 years, and extends the slowdown we have seen i...
04 October 2017
We look at statements made by Auchan Retail’s general manager, Wilhem Hubner, the newest rebranded Simply Market supermarket in France and developments in Russia. General manager sets out strategy At a conference run by France-based trade publication LSA, Auchan Retail’s general manager, Wilhem Hubner, has discussed the retailer’s medium-term strategy. Hubner said that Auchan was preparing ...
18 September 2017
Walmart has started the process to establish a new Home Office in Bentonville, Arkansas. The phased development is expected to take five to seven years to complete. Aiming to create a more agile, collaborative and digitally-focused organisation Although the retailer has operated from a dedicated Home Office in Bentonville since the 1970s, its growth has seen it establish a network of office...
24 August 2017
This week the $13.7bn deal took two important steps forward: approval from shareholders, and no further investigation from the US Federal Trade Commission. On track for closing by the end of the year Government agency the US Federal Trade Commission reviewed whether the deal would substantially lessen competition, and did not identify a threat. Whole Foods shareholders also voted in favo...
05 June 2017
In his annual set piece presentation at Walmart's Annual General Meeting, the retailer's President and CEO, Doug McMillon, outlined his vision for the future of shopping. Riding the confidence of recent results Striking an up-beat tone, with the business lifted by solid improvements over the last two and a half years, McMillon focused on the themes of technology and people. These had been a...
18 May 2017
We review Walmart's first quarter results and the drivers behind its performance. Walmart's key numbers Walmart's total revenue in Q1 increased by 1.4% to $117.5bn Ecommerce sales in the US up 63% Sales in its US stores and Sam's Club division increased by 2.9% and 2.8% respectively International net sales were down 3.5%, although increased by 0.8% on a constant currency basis ...
17 May 2017
SPAR International has released its 2016 results, reporting that sales increased by 4.5% to €33.1bn. The retailer, which has a presence in 44 countries, stated that record performance ‘ was driven by a combination of like-for-like organic growth, successful acquisitions and new country expansion’ . Regional performance breakdown In Western Europe , which accounts for the largest share of s...
16 May 2017
Aldi in Australia has announced a new strategy called 'Good Different', which will look to celebrate its points of difference versus its competitors. Lowing prices will remain a top priority The new strategy that will kick off this week with a media campaign and will underpin all areas of the Aldi business, ranging from supplier relationships, to the customer experience and product sourcing...