Keywords: Retail
Gold prices remain above $5,000 per ounce in late February, supported by strong inflows into exchange-traded funds (ETFs) and growing interest from a younger generation of investors. The metal is trading near $5,200, reflecting a gain of about 6.7% this month as demand broadens from central banks and......
Marjane Group continues to strengthen its footprint across Morocco with the opening of its 44th hypermarket, marking its first establishment in the city of Ouarzazate. The new retail space represents an investment of approximately 130 million dirhams and is expected to generate around 200 direct and......
The Galeries Lafayette group has announced the completion of the sale of the building that houses the iconic BHV department store, located on Rue de Rivoli in central Paris. The transaction marks a significant step in the group’s real estate strategy, although the identity of the buyer was not......
French retail giant Auchan is planning to sell 91 of its supermarkets to Intermarché as part of a broader partnership aimed at rebranding its stores. The move comes as Auchan faces financial difficulties and seeks to restructure its operations. The agreement, initially signed in November, involved......
LabelVie Group has continued to strengthen its presence in Morocco’s retail sector with the opening of a new Carrefour hypermarket in Zenata, a rapidly developing urban area near Casablanca. This latest addition reflects the group’s ongoing strategy to expand and modernize its store network......
Marjane, Morocco's largest supermarket chain, is undergoing rapid expansion, and artificial intelligence is at the center of its transformation. With over 130 stores across 30 cities and a goal to open 40 to 45 new branches annually, the retailer is embracing cutting-edge technology to meet growing......
This holiday season, major U.S. retailers are deploying advanced AI shopping assistants in a decisive effort to capture a growing share of online holiday spending, marking a pivotal change in e-commerce. Amazon’s AI assistant Rufus, already used by 250 million customers, is expected to generate......
Morocco’s digital marketplace has undergone a profound transformation in the last five years, redefining how consumers shop and businesses sell. Online retail has shifted from a niche activity to a major driver of national growth, reflecting the country’s growing embrace of technology and......
A sophisticated cybercrime campaign originating in Morocco has been targeting global retail and consumer services companies, stealing and monetizing gift cards on a large scale. Dubbed “Jingle Thief,” this operation has been active since 2021, leveraging cloud-based infrastructure to execute......
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