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Alma brings Tencent into its capital to accelerate in Europe
The French fractional and deferred payment platform brings in Tencent, GR Capital and Roosh Ventures as shareholders. It plans to open in at least 5 new European countries in 2022.
15 February 2022
Retail facing cyber risks
The rise of telecommuting and online sales created opportunities for cybercriminals. How can retailers deal with different types of cyberattacks in 2022? What are the associated costs? Here is an...
10 February 2022
How far will China’s economic slowdown go?
For the year 2022, the International Monetary Fund revised economic growth forecast for China downwards, from 5.6% to 4.8%. The reasons for this are the continued downturn in the property sector...
10 February 2022
Beauty-tech. The race for financing continues
In Europe, the drugstore sector is not that familiar with Initial Public Offerings. However, in the Middle East two stock market listings involving pharmacy chains are worth following.
8 February 2022
Watsons opens website and a first store in Qatar
Hong Kong-based cosmetics retailer Watsons is making inroads in Qatar with a website and a first store located in Doha Festival City. With a 300 sqm sales area, it offers 200 brands of beauty...
7 February 2022
Dubai. Lego and Harry Potter focus on experiences
If there is one thing the U.S. and the Middle East have in common, it is retailtainment. For the Dubai Shopping Festival, the Mall of the Emirates is hosting a temporary store: Harry Potter...
7 February 2022
Amazon’s online sales stagnate in Q4
In the fourth quarter ended December 2021, Amazon‘s e-commerce sales grew by only 1% year-on-year. The group, which has published unaudited figures, posted an annual turnover of...
Alltricks “Stores should not take anything away from the Web experience”
With 160,000 references online and stores covering 300 sq.m on average, the pure-player Alltricks reported a GMV up by 30% in 2021. Its current challenge is to make customers discover the range...
4 February 2022
John Lewis, Maisons du Monde and Ikea : What results of custom advice services ?
At John Lewis British department stores, the number of personalised appointments has reached 74,680 since the service was launched in mid-April 2020. These appointments concern home design and...
4 February 2022
Walmart: click & collect has tripled in 2 years
At Walmart (sales of US$559 billion in 2020 up by 6.7%), the value of Web orders picked up in store via a “curbside pick-up” service increased from US$7.2 billion in 2018 to US$20.4...
3 February 2022
Shein plans an I.P.O. in New York
According to Reuters, Chinese fashion pure-player Shein (sales of US$15.7 billion in 2021, with the U.S.A. as its largest market) has hired Bank of America, Goldman...
3 February 2022
Amazon Style : Concept of the Month
After setting the "Just Walk Out" technology as a standard for cashier-free grocery stores, Amazon intends to disrupt fashion retail with Amazon Style. This technology-infused store concept is...
2 February 2022
NRF: Observations from the Retail Big Show 2022
Fabrice Haiat, C.E.O. of Yoobic, and Guillaume Rio, Director of Technology Trends at Echangeur BNP Paribas PF, covered the NRF in New York. Where the 2022 show was disrupted by Covid-19, they...
1 February 2022
George Yates, Back Market : “In 16 markets, our main challenge is to ensure that supply keeps pace with demand”
Only six months after previous fundraising, the second-hand marketplace Back Market (specialising in electrical products), raised €450 million and reached a valuation of €5.1 billion. George...
31 January 2022
Netherlands. Hema wants to sell to companies
The potential of B2B is of interest to many retailers. If professional customers are at the heart of Ankorstore’s business model (GMV grew by 950% in 2021 compared to 2020), they are also of...
31 January 2022
Cyber-attacks: time to mobilise defences!
Stores deprived of their VSEs, merchant sites rendered inoperable by malicious software. How to fight against cyber hackers who are taking full advantage of the boom in e-commerce? How to...
28 January 2022
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Most viewed articles of the month on mind Retail
What readers clicked on the most last month.
What readers clicked on the most last month.
1
US retailers divided over the rise of autonomous shopping agents
In the US, Gap, Walmart, Best Buy, Amazon and eBay are taking very different approaches to agentic commerce. While TV shopping giants QVC and HSN see these new intermediaries as an opportunity to...