Hello, dear reader!
British supermarkets and their headaches remain in the headlines. Sainsbury's fails to buy Home Retail Group and Tesco gets stuck with its Turkish stores. Meanwhile, their rival Amazon reaches another milestone having now delivered more than a billion items. In Las Vegas, the largest consumer electronics show in the world kicked off and offers a sneak peek. Check it out.
Shinsegae launches in Vietnam The South Korean retail group has finally entered the Vietnamese market with the opening of its first E-Mart hypermarket in the country at the end of last month. It's seen as the start of its Southeast Asian rollout. Rival Korean chain, Lotte Mart, has been in Vietnam since 2011.
Aeon invests in Thailand The Thai unit of the Japanese retail giant has announced plans to develop its first mega-mall in Bangkok as part of its 10-billion-baht investment over the next years. Aeon is set to open 10 MaxValu stores in each of the next five years.
Auchan expands in Russia The French retailer is set to invest EUR 195 million in Russia this year to expand its presence in the country. A majority of the money will be spent maintaining its supply chain operation and creating 10 new Auchan City hypermarkets and 40 Atak supermarkets.
usa & canada
Brookstone goes overseas Innovative product developer and specialty retailer Brookstone began the new year by opening its first overseas store in one of the largest retail shopping centres in Nanjing, China. Additionally, the retailer opened three in-store shops in in Beijing and Shanghai.
Amazon sets another record Items ordered from the online giant on Cyber Monday rose more than 40%, exceeding 23 million for the first time. Amazon revealed that in 2015, it delivered more than a billion items around the world, which is another milestone for the Seattle-based company.
shaping the future
Celebrating visionaries Michelle Gass from department store company Kohl's and Restoration Hardware's Gary Friedman are among the 25 "People Shaping Retail's Future 2016" nominated by the National Retail Federation Foundation. Categorized as disruptors, dreamers, givers, influencers and power players, they will be honoured at a gala in January.