Retail stores are under threat, with both the rate of new store openings and the average size of stores in decline. This is compounded by stagnant sales growth through existing stores. Radical reinvention ...more
RNG is constantly tracking the newest and most innovative store formats and developments from ...more
In our inaugural Global STEIP annual report for 2017, we share our view of the future retail ...more
With Back-to-School being the second highest season in retail spending, Planet Retail RNG looks ...more
Walmart’s latest initiative is designed to make online returns faster for consumers. To make its online experience as seamless as possible, Walmart has added a new function to its mobile app. This enables shoppers to initiate a two-step returns ...more
After Belgian logistics specialist bpost decided to open up its 150-strong locker network to all courier firms, Lidl has revealed it will trial three such systems in its local stores. The Cubee machines can be used for non-food and wine orders ...more
Rakuten and Lawson revealed the two companies will begin a trial initiative combining mobile sales via dedicated vehicles and product deliveries using drones. The trial will operate from the Lawson's Minamisoma-Odaka Store and will launch on ...more
The Singapore arm of convenience chain 7-Eleven intends to open up to 80 new stores by end-2018. The announcement comes after the news that all 56 7-Eleven sites located at Shell stations in the city state would close early next year. 7-Eleven ...more
Thai retailer Berli Jucker (BJC) has ambitious overseas expansion plans, including taking its Big C big-box banner to Malaysia. President & CEO Asawin Techajareonvikul said the company was currently considering whether Malaysia or Vietnam should ...more
Following on from automated smart stores. Alibaba now plans to leverage similar technologies to create gas stations. The e-tailer will soon construct a prototype unmanned gas station in its Hangzhou hometown, where vehicles will be fuelled by ...more
Yum China Holdings reported unaudited results for the third quarter ended August 31, 2017. Same-store sales grew 6%, including growth of 7% at KFC & flat at Pizza Hut. Total system sales grew 10%, including growth of 11% at KFC and 7% at Pizza ...more
GNC has sold its LuckyVitamin business to TSG Consumer Partners, a leading private equity firm focused exclusively on the branded consumer sector, and LuckyVitamin.com founder Sam Wolf. LuckyVitamin is a leading global ecommerce destination for ...more
Alimentation Couche-Tard plans to keep a well-known Midwest banner Holiday Stationstores banner intact even after transitioning its convenience stores to its global Circle K brand. Couche-Tard expects to continue using the Holiday brand and ...more
Kaufland has made a step into the Australian market, by purchasing its first piece of real estate. The German hypermarket chain has purchased a landmark South Australian site for its first location in the market.
Japanese convenience store chain Lawson is expecting 4% growth in net profit for its half-year to August, despite initial projections of a 7% decline. The uptick is attributed to strong private label sales, as well as lower costs for store ...more
Off the back of its EUR350 million investment in the market in 2016, Lidl is now accelerating expansion in Spain.
Seven leading UK wholesalers have resolved to fight the proposed merger of Tesco and cash & carry chain Booker. The group have written to the Competition and Markets Authority, arguing that the deal would “harm suppliers, result in higher prices ...more
US warehouse club operator Costco saw overall company same-store sales rise 6.1% for its Q4 period. Fourth-quarter sales ex. fuel and currency rose 15.8% YoY to USD41.36 billion. FY sales were up 8.7% to USD126.17 billion.
Food Lion has launched the “Shop and Earn MVP Customer Rewards Program” in Greensboro, North Carolina. As part of the program, rewards are automatically redeemed on the next shopping trip after they are earned.
Nordstrom - Los Angeles, California - Oct 2017
Pottery Barn - New York, New York - Oct 2017
Grocery Outlet Bargain Market - Oakland, California - Oct 2017
Disney - Los Angeles, California - Oct 2017
365 by Whole Foods - Akron, Ohio - Sep 2017
We track the latest and most innovative retail developments and topics that promise to impact your future business. From new store prototypes and technology breakthroughs to perspective on the shifting retail landscape, this is your stop for what we believe to be the most transformational topics that you need to be preparing for.