Autonomous stores: with a smart shopping cart, Amazon is aiming for a more omnichannel retail media Americas At Nike, the layoff of 1,600 staff, announced on February 15, 2024,…
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.…
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.
Lego bricks is still strong in a crumbling toy market Americas In 2023, against a difficult backdrop for the toy sector (the global market was down 7% according to Circana),…
Shein shakes up the Mexican fashion market Americas Selling in Mexico since June 2023, Shein has been steadily taking market share from traditional local retailers such as Walmart, Coppel and El Puerto de Liverpool. These are adapting business models to cope with the aggressiveness of the Chinese giant.
Ulta Beauty joins forces with Axo to sell in Mexico Americas On March 14, 2024, US cosmetics and beauty retailer Ulta Beauty (US$11.2 billion turnover in the financial year to February 2024,…
U.S.A: 4 years after Covid-19, property companies are tightening up commercial leases Americas Even as vacancy rates in American malls are at their lowest and rents are rising, property companies are showing less flexibility towards tenants.
Aldi invests US$9 billion in U.S.A. expansion Americas On March 7, 2024, German discounter Aldi (12,000 stores worldwide, including 2,400 in the U.S.A.…
The Home Depot improves efficiency for B2B clients through a dedicated supply chain Americas In 2024, The Home Depot is continuing B2B investments. After acquiring B2B distributors HD Supply Holdings (2020) and Construction Resources (planned for 2024),…