Experiencing impressive revenue growth of 16.1%, the Croatian grocery retail market has reached a significant milestone in 2023, attaining €7.73 billion. The remarkable surge in revenue can be attributed to various factors, including the expansion of store networks, market consolidation efforts,
The Manhattan luxury retail market is witnessing exciting developments with two significant real estate maneuvers that promise to breathe new life into the area. The historic auction house Bonhams will relocate to a prestigious new address at 111 W. 57th St., while Under Armour has subleased its
Vietnam's retail landscape is undergoing rapid transformation, with modern retail chains like WinCommerce at the forefront of this change. With its ambitious “Point of Life” strategy, WinCommerce is poised to revolutionize the Vietnamese market, much like Reliance Retail has done in India. This
Walmart is making bold moves to solidify its market position in response to the economic pressures brought on by rising interest rates and high inflation, which have made consumers more cautious in their spending. The company is facing stiff competition from retail giants Target and Amazon, both of
The e-commerce logistics landscape is undergoing a significant transformation, driven by Walmart’s strategic move to extend its logistics capabilities beyond its own marketplace. This bold initiative, ready to roll out on September 10, 2024, positions Walmart as a direct competitor to Amazon's
Ikea has embarked on an innovative venture to expand its sustainability mission by introducing an online secondhand marketplace, dubbed Ikea Preowned. This trial is being conducted exclusively in Oslo and Madrid with ambitions of tapping into the growing secondhand furniture market while
