China: Roche Bobois takes back control of Chinese franchisee Asia On April 10, 2024, the family-owned Roche Bobois Group (annual sales of €429.6 million to 31 December 2023, up 6.1% at constant exchange rates) announced a strategic shift in China.…
McDonald’s buys back Israeli franchise to curb boycott calls Africa, Middle East While McDonald’s has been the subject of numerous calls for boycotts over the last 6 months, on April 4,…
Autonomous stores: with a smart shopping cart, Amazon is aiming for a more omnichannel retail media Americas By deploying a smart shopping cart in large-format stores, to the detriment of "Just Walk Out" technology, Amazon is seeking to capitalise on a new medium for retail media. Has the limits of autonomous checkout been reached ?
The Home Depot continues B2B expansion with acquisition of SRS Distribution Americas In the United States, on March 28, 2024, The Home Depot (sales of US$152.67 billion in 2023, down by 3% in one year with a net margin at 9.9% of sales,…
Chase believes it has cards to play in retail media Americas Is retail media the future of banking? On April 3, 2024, the retail bank Chase (JPMorgan) launched Chase Media Solutions (CMS), a retail media platform.…
In Milan, Kering spends €1.3 billion on the second most expensive street in the world Europe On 4 April, Kering (sales of €19.6 billion in 2023, down 2% in one year, and a net margin of 15.6% of sales,…
In France, 47% of influencers do not comply with the law Europe In France, the 9 June 2023 law aimed at regulating commercial influence and combating the poor behaviour of influencers on social networks established a legal framework for advertising practices.…
Ikea buys Ikano Bank Europe Swedish retailer Ikea, which offers fractional payment (BNPL) and consumer credit services, could soon be expanding a range of financial services.…
Department stores: Central Group wants to buy Signa Holding’s property assets Asia Europe According to Reuters, the luxury division of Austrian property company Signa Holding (US$ 5.5 billion in debt as of November 2023),…
Fashion: U.S.A. second-hand clothing is struggling to make profits Americas In America, both ThredUp and The RealReal continue to report losses. According to GlobalData, the second-hand fashion market is fast overtaking as the traditional market.
