Global retailing news

13 May 2016
As SPAR operators in Oman and Portugal reveal further expansion possibilities, SPAR UK trials a new health range and SPAR Switzerland launches a new credit card, we round up news from the company. SPAR to continue expansion in Oman SPAR is aiming to operate 24 stores in Oman by the end of 2017, with a target of 14 for 2016, according to SPAR International’s managing director, Tobias Wasmuht...
12 May 2016
Tesco expands its wholesale partnerships and boosts its UK range. Expanding Tesco's overseas presence Tesco has agreed a wholesale partnership with Spanish department store El Corte Ingl é s. The deal expands Tesco's overseas wholesale presence, which was initiated less than four years ago and spans over 20 countries, including the Asian and the Middle East regions. Tesco's presenc...
12 May 2016
Carrefour has revealed that it launched its e-commerce website in Beijing at the end of April, integrating features like store delivery, bilingual services and shopping via mobile app. Carrefour investing in diverse channels The Beijing site offers 15,000 products including imported brands. To boost customer service and increase trust, Carrefour allows customers to return anything bought...
12 May 2016
Grupo Éxito has opened its first cash and carry store, aimed at business customers, having taken learnings from the group's success with Assaí in Brazil.   Entry into new segment The launch of the 2,500 sq. m store in Bogotá, branded Surtimayorista, marks Éxito's entry into the cash and carry segment. It carries more than 3,500 lines including national, international, local and traditio...
11 May 2016
Thailand's Central Group is to sell its 25% stake in Big C Supercenter to TCC Group. Will help fund Vietnamese acquisition Central Group is selling its stake for a reported THB50bn (c.USD1.4bn) to TCC Group, which acquired Big C Thailand from Casino in March this year. The transaction will help fund Central Group's own purchase of Big C Vietnam , which was revealed at the end of Apri...
11 May 2016
We round up the latest developments from one of the leading Turkish retailers, including its expansion plans in 2016 and the launch of its largest store in Macedonia. Less store openings planned than in 2015 This year, the retailer plans to launch between 150-200 new stores and is on track to realise this ambition, having launched 52 stores in the first quarter of 2016, bringing its tot...
10 May 2016
Vingroup has reported that its revenues more than doubled in Q1, with those for the retail segment increasing by more than 300%. Retail posts highest growth The Vietnamese conglomerate's interests range from real estate to education. However, it is the retail segment which has posted the highest growth in Q1, with revenue up 363% year-on-year to VND2.19 trillion (around USD97m). Amb...
10 May 2016
In a rare interview, given to French newspaper Le Figaro, Casino group chief executive Jean-Charles Naouri has spoken about consumption in France, prices, proximity, discount and e-commerce. The 'price war' is just normal competition Mr Naouri said that what people are calling a price war is in fact a normal occurrence in an environment where prices are key to consumers' purchasing pow...
09 May 2016
Leading Norwegian retailer NorgesGruppen has revealed that Runar Hollevik is to succeed Tommy Korneliussen as CEO on June 17. Hollevik previously ran wholesale business Hollevik joined the retailer in 2000 and since 2008 has been Managing Director of ASKO Norway AS, NorgesGruppen’s wholesale business. Commenting on his new appointment he said, ‘ With many skilled employees, merchants ...
06 May 2016
Lidl is testing new promotional mechanics and launching a local private label range in Poland, while Biedronka is piloting a grocery vending machine. Lidl listing more local products Lidl is going to introduce a new private label range Polska smakuje (Poland tastes good). The range will include local products for which Polish cuisine is traditionally famous like plum brandy, veal dumplin...