The approved merger between Fnac and Darty creates the largest electrical goods retailer in France. Only one day after the news of South Korea's Emart entering the market in Mongolia, Spar has announced plans to take up operations in the East Asian country. Amazon continues its push in India and plans new headquarters in Spain. Enjoy the read!
asia & australia
Spar to enter Mongolia In a new partnership with one of the country's leading retailers, Max Group, the Netherlands-based grocer plans to open up to 60 Spar-branded multi-format stores in Mongolia by 2020. The East Asian country will be the 43rd state where Spar has operations.
USA & canada
SuperValu rebrands The fifth-largest food retailer in the US will convert the 22 Food Lion stores it bought in connection with the merger of Ahold and Delhaize into its own Shop ‘N Save format.
Reports and strategies Personal care consumer product manufacturer Kimberly-Clark builds on the success of surpassing its goals as revealed in its latest sustainability report and establishes a new six-year strategy. Results from US retail chain Target's sustainability report reveal that the company reached ten of its 20 goals for 2015.
Saving around the house According to a survey, 63% of Australians want to be more sustainable in their home but fear the costs involved while retailers estimate that consumers can save up to hundreds of dollars per year when using more sustainable solutions.