Africa & Middle East news & analysis

19 June 2014
As retailers set out investment plans for markets across sub-Saharan Africa; we round up news from Carrefour, Massmart, Nakumatt and Zimbabwe. Carrefour sets out expansion plans for Africa Carrefour has updated on its strategy for Africa, where it will expand under its joint venture agreement with CFAO. The two companies have confirmed that their first hypermarket will open in the Ivory Coa...
18 June 2014
Global convenience store chain 7-Eleven will open its first store in the Middle East in Dubai next summer. First retail venture in the region The franchise agreement has been made between US based 7-Eleven Inc. and a newly formed local company Seven Emirates Investment LLC. President Joe DePinto said "The UAE is a growing and dynamic part of the world and is attracting investment from...
12 June 2014
Showing how retailing in the region is evolving, we round up news from EMKE-owned LuLu as it investigates opportunities to build smaller stores in the UAE, Aramex looks to add click-and-collect lockers across the region and Al Meera sets out its expansion plans for Qatar. Al Meera to continue expansion in Qatar Qatar-based Al Meera has announced that it will invest US$412 million in the bui...
11 June 2014
We round up the latest news on Carrefour, including expansion plans. Europe: new stores in Romania and Spain, price guarantee in France Carrefour is expanding in Romania via the franchise method. It has opened six convenience stores under the Contact fascia in rural areas of the country. Online, it is now allowing cash-on-delivery for orders. According to e-commerce director Radu Butufei, o...
07 June 2014
Speaking at Walmart’s Annual General Meeting, the retailer’s President & CEO, Doug McMillon, outlined his vision for the company, focusing on being customer driven, investing in people and being at the forefront of innovation and technology. Picking up the pace of change to better focus on shoppers In what was his first AGM as CEO, McMillon delivered an upbeat and visionary message for Wal...
06 June 2014
IGD has been at Walmart’s Shareholders’ events in Bentonville this week, meeting with the senior leadership and visiting the retailers’ latest store concepts. This provided us with a great opportunity to see how Walmart is evolving its offer in response to key retail trends. Re-inventing the hypermarket with new technologies Technology products have been at the heart of Walmart’s aim to r...
02 June 2014
Walmart has promoted Shelley Broader to the role of executive vice president, president and CEO of Walmart EMEA, with responsibilities for the retailer’s operations and business development in Europe, the Middle East, Sub-Saharan Africa and Canada. One of Walmart’s three key international leads Ms. Broader had previously held the role of president and CEO of Walmart Canada since September ...
29 May 2014
We bring you the latest news from Carrefour including developments in Tunisia and Poland, a new version of Drive and an interactive World Cup promotion. New promotions include interactive World Cup game Carrefour's interactive World Cup promotion runs from 6 May until 11 June, just before the start of the competition. Fans receive one 3D Bleus collector card for every €30 purchase at a Car...
29 May 2014
As Ethiopia looks to inject some competition into its retail industry, Shoprite is adding services in Zambia and Nakumatt continues to expand, we round-up the news from some of Africa’s markets. Ethiopia prepares to loosen control of retail industry Ethiopia’s government has suggested that it could loosen state control of the retail industry, enabling foreign retailers to act as managers fo...
27 May 2014
SPAR International has announced its annual sales for 2013 saying globally sales rose by 4.1%, on a constant currency basis, to €32.2 billion, aided by ‘ sustained global expansion ’. Growth maintained by ‘ strategic focus ’ The retailer said that during 2013 it had enjoyed solid global growth as a ‘ result of a significant strategic focus for the brand on new and emerging markets ’ and put a...