[confidential] Kiabi deploys CrushOn solution in 70 stores When availability of second-hand products is a growing challenge for retailers, Kiabi signed up with technology publisher CrushOn, mind Retail has learned. The aim is to streamline the sourcing of second-hand clothing, directly in stores.
With the support of L-Catterton, the Ghost marketplace for overstock raises US$40 million in Series C financing Californian start-up Ghost raised US$40 million on October 15 in a Series C round led by L Catterton (LVMH).…
At Marks & Spencer, self-checkout is taking root next to fitting rooms In the United Kingdom, Marks & Spencer (2023 sales: €15.3 billion, up 9.4% in a year) is installing automatic checkouts in fitting rooms,…
[confidential] 9 months after the launch of customer calls, Etam recorded a sales conversion rate increase of between 4 and 7 points In France, Etam (sales in 2023 of €480 million, down 4% in one year, via 860 stores in 57 countries) introduced customer calling operations in January 2024 by sales staff over 371 French stores.…
Auchan Retail to sell Russian stores to Gazprombank Auchan Retail is in the process of withdrawing from Russia, with the sale of all 232 stores, according to La Lettre. While the company announced that it will remain in Ukraine, it is considering closing in Hungary, thereby shedding €4.46 billion in sales.
Which retail players have the best scores in the professional equality index? In France since 2019, companies with more than 50 employees have to provide the Ministry of Labour with a gender equality score. mind Retail analysed the scores of companies in 8 retail sectors.
Inditex and UNI Global extend their agreement to digital tools and franchise stores On October 10, 2024, Inditex signed a renewal of a global agreement with the UNI Global union (165,000 employees in 215 countries),…
[Regulatory] Indonesia, South Africa and Chile join the U.S. in an attempt to curb Shein and Temu As the European Commission opened formal proceedings against Temu on October 31, global governments are mobilising to defend local economies against Shein, AliExpress and others. While the U.S. is contemplating timid measures to balance the interests of both parties, other countries are choosing more radical measures.
Web-to-store, drive-to-store: how to generate in-store traffic and build customer loyalty Fighting for market share with pure-players, shrinking consumer demand, making retail rents profitable... As footfall keeps decreasing in stores, drive-to-store has become an essential lever for capturing and generating traffic. Here's a look at recent initiatives from Carrefour, Ikea, John Lewis, Etam, Aroma-Zone, Kiehl's, Triumph and La Foir'Fouille.
South Asia: Mothercare and Reliance Brands create a joint venture On October 17, the struggling British retailer Mothercare (sales of US$355 million in the fiscal year to March 2024,…
Watsons, L’Oréal and Alibaba take the brunt of China’s flagging demand Against a backdrop of slowing consumer demand in China, international beauty and luxury retailers are adopting a cautious expansion approach.
Sensei completes a US$16.2-million Series A As announced by mind Retail, Portuguese start-up Sensei, which specialises in AI-enhanced computer vision and sensor technologies to operate autonomous supermarkets,…
Cegid offers a four-day week to employees aged 61 and over In France, since October 11, employees aged 61 and over at software POS publisher Cegid (4,400 employees in France) have been able to request that 35 working hours be spread over four days,…
Saudi Arabia: Carrefour and Majid Al Futtaim criticised for human rights violations On October 21, Amnesty denounced Carrefour‘s practices in a Saudi franchise managed by Majid Al Futtaim (2023 sales €8.6 billion,…
With 10% of online sales, Yves Rocher launches a marketplace to round off offering On September 23, beauty retailer Yves Rocher (660 stores in France, turnover of €1.2 billion in 2023 including 10% of online sales) launched a marketplace in France,…