Infos [op-ed] How European department stores are getting prepared for the new-generation Chinese tourists ? The Chinese borders reopened in January 2023 after 3 years of closure to the relief of many retailers. While they learnt how to survive during and after the pandemic by addressing local clients and other nationalities, they eagerly waited to see Chinese tourists back in stores, especially in Europe, where they represented 50% of luxury sales before the pandemic, according to Altagamma.
Infos [Case study] Merchandising : How Etam went from 15 to 4 days for new collections set up With 1,300 points of sale, which account for most of turnover, the Etam Group (Etam, Undiz, Maison 123, Ysé and Livy) adopted the Yoobic application to ensure compliance with in-store merchandising. The challenge is to increase the control of store tasks and thus improve compliance rates.
Infos India: Shein joins forces with Reliance to fight U.S. regulator The WSJ revealed that Shein signed a partnership with India’s Reliance Industries as it faces scrutiny from the U.S.A.…
Infos U.A.E. retailers will be subject to Corporation Tax from June 1st 2023 While G.D.P. growth reached 7.6% in 2022, the United Arab Emirates will introduce a first Corporate Tax from June 1st,…
Infos Lease transfer: Mall of America wins Supreme Court case With the Supreme Court's decision, the largest mall in the U.S. continues the challenge against a former president of Sears, requiring the ability to rent commercial space at a higher rate than an original lease.
Infos USA. Amazon enters the fissure of paid returns Since 13th April, Amazon has been testing a new approach to returns. In the U.S., a symbolic charge of US$1 is made for returns made via UPS on condition that an Amazon Fresh,…
Infos Non-food: Lidl expands an online non-food business Following the Belgian online store launch by Action last week with 150 products (already selling in Netherlands since 2021), Lidl has just launched an e-commerce website in France dedicated to non-food products. One third of the offer is seasonal. Here's how it works.
Analyses [Analysis] Private label: What are the best practices of European retailers in 2023? Although European countries have historically been among the largest private label markets in the world, 2022 and Q1 2023 have seen a major shift towards private labels in most markets. Private labels have become a major P&L lever for retailers, as is the case with Mercadona, which derives more than 70% of business from private labels. mind Retail has identified 4 examples of strategic developments in the food sector.
Infos Primark accelerates U.S. expansion to compete with Shein In the U.S.A., Primark (2022 turnover of €8.9 billion via 408 stores) opened a 17th American store on 20th April in the Walden Galleria mall in Buffalo (New York State).…
Infos B2B: Ikea, Home Depot and Lowe’s strengthen their loyalty programmes for professionals Since the beginning of the year, brands in the home and D.I.Y. sectors have launched and enhanced loyalty schemes for B2B customers. What are the different offers? An overview of the initiatives.
