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.…
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,…
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.
Maisons du Monde invents a new sales app to boost omnichannel sales Europe Exclusively for mind Retail, the home equipment chain Maisons du Monde presents a new sales app, to be launched in January 2023. From payment with Paypal in store to redefinition of a clients' portfolio, this app sets innovative rules to increase Web sales in stores, and better reward sales staff.
65% of polish people approve of boycotting brands operating in Russia Europe According to Inquiry, a Warsaw-based research company, the attack on Ukraine was both a shock and a great challenge. The Polish people have committed all possible resources to help Ukrainians in exile.
Reebok, McDonald’s and Shell sell Russian assets for good Europe Faced with threats of seizure and nationalization of their assets (including brands), some retailers have decided to close down in Russia. In mid-May, Shell sold its fleet of 411 service stations to Lukoil,…
Online sales down 6.5% for Tesco Europe Tesco, the U.K.’s leading supermarket chain, published results for the year ended 26th February 2022.…
Salsify, the owner of Alkemics, reaches a US$2 billion valuation Europe With fundraising of US$200 million on April 13th, Salsify (2021 revenues of US$111 million,…
