Etam adopts an innovative technology to dye fabrics on demand Europe The lingerie retailer Etam (whose brands include Undiz and Etam, with 85% of the range from Asia and 15% from Europe) aims for a more reactive supply chain.…
South Korea: Ocado signs with Lotte Group to open robotic warehouses Asia UK-based Ocado signed a deal with Lotte Shopping (Lotte Group’s retail subsidiary) to build robotic warehouses but no value was announced.…
Simon Property partners with Alibaba to accelerate live shopping Asia To strengthen business with Chinese consumers, the U.S. mall owner Simon Property unveiled a groundbreaking partnership with Alibaba, via "live shopping" sessions. The launch is scheduled for 11/11.
Japan. Shein opens its first permanent store to boost omnichannel Asia Chinese fast fashion giant Shein (valued at €91 billion in April 2022) will open a first permanent store in Tokyo on 13 November. Located in the lively Harajuku district,…
Poland. The convenience store giant Zabka to be nationalised Europe The Polish government announced an intention to acquire the country’s leading convenience store chain, Zabka (8,000 franchise stores, 2021 turnover of US$2.5 billion,…
Kroger-Albertsons: US$24.6 billion merger to create a customer data giant Americas In the U.S.A., the food retailer Kroger announced the purchase of competitor Albertsons on 14th October 2022. While this deal looks defensive in the short term, it is also offensive in the long term.
India. Starbucks opens a Reserve flagship in Mumbai Asia On 18 October, Tata Starbucks India (300 coffee shops in India, including 32 openings in 2022) opened its first “Reserve”…
South Korea’s Paris Baguette sets up in London and accelerates in the U.S.A. Americas Asia Europe At a time when the South Korean group SPC is under fire for working conditions, its Paris Baguette chain (4,000 bakeries worldwide, including 3,400 in South Korea and 600 in the U.S.A.,…
Germany: In 6 months, online optician Mister Spex opens 12 stores Europe The German online optician Mister Spex is continuing a very controlled foray into the physical world. In November 2022, it will open a first store in Switzerland. “This will be our 65th store in total,”…
Makro Belgium to be sold by the slice, a symbol of the end of the big supermarkets Europe The 17 Belgian stores of Metro and Makro are for sale. Whilst takeover candidates are emerging for the D.I.Y. and wholesale food sectors, the fashion side of Makro is more difficult.
