Sam's Club, the high-end membership store of world retailing giant Walmart, is expected to open its flagship store in Shanghai, with a total area of approximately 70,000m2. The opening of the store, the third in the city, is seen as an attempt to stave off the fierce competition from Costco Wholesale stores, reports China Daily.
Flagship store for Sam’s Club China
Magnit opens the 20,000th store
Potato, onion and apples, the most frequent purchases
Magnit, the second largest Russian retailer, has recently opened its 20,000th store. It is located in Moscow region and is equipped with cutting-edge technologies: electronic price tags, mobile bar-code printers, self-service cashiers. The store area is 600 square meters; the assortment includes 6,000 SKU.
By the way, the survey organised by the analytics of Magnit showed that top-5 most frequent purchase in convenience stores are potatoes, onions, apples, bread and chicken.
Plans to open 15 more SPAR Express stores in Oman
In the same week as the opening of the 15th corporate owned SPAR Supermarket in Oman, plans were announced for rapid expansion into a further 15 SPAR Express stores.
In a press release, SPAR said this will be achieved through a partnership with Nakheel United Enterprises LLC by converting retail stores at Al Maha petrol forecourt points in Muscat.
Russian retailer Lenta doubles its selling space
Russia’s fastest growing hypermarket operator Lenta last year doubled its total selling space thus achieving a goal set in early 2014.
In a press release, the retailer said it now has a total selling space of more than 1 million m2, making it the country’s largest hypermarket chain in 2015 in terms of total selling space.
It also said:
Carrefour now has 70 convenience stores in Brazil
Carrefour opened its 70th convenience store in Brazil on December 29.
Located in the upmarket district of Brooklin in Brazilian capital Sao Paulo, the new outlet is of the Carrefour Express format.
The French multinational retailer said in a press release the opening reinforces its investment “in a sector that offers customers improved levels of flexibility and comfort in shopping, focusing on a daily range of fresh and ready-to-consume items.”
Dia now in Paraguay and 5 states in Brazil
The Dia group has opened its first stores under the Dia label in the state of Rio de Janeiro, bringing to five the number of Brazilian states it now operates in.
In a press release, the retailer said the initial outlets are in the city of Rio de Janeiro but it already has plans to open at least 32 establishments in the wider state – which has a population of more than 16 million – thanks to an agreement with a local partner.
Spar consolidates its presence in China
Lidl to build 40 new stores in Spain
German supermarket giant Lidl says it is planning the construction of 40 new stores in Spain as part of a record investment of €350 million in the country this year, a third higher than that of 2015.
Lidl’s chief financial officer in Spain Ferran Figueras said the discount chain’s commitment to Spain is stronger than ever. “We are confident we still have much potential to keep growing and winning market share, which is why we will continue to open new stores in order to reach more and more Spanish households."
SPAR Portugal hits 100-store mark
Within a decade of opening its first store, SPAR Portugal has reached the 100-store milestone, helping the feat along by opened four stores in one day in April this year.
And Spar says it has ongoing plans for expansion in the country, with warehouse expansion currently in progress to support it.
In a press release, SPAR Portugal said its goal is to develop a network of SPAR supermarkets throughout Portugal's mainland and islands.