All articles

Michel Chalhoub dies at 89
Michel Chalhoub, Chairman and Founder of the Chalhoub Group, died on July 30, 2021 at the age of 89. He leaves behind a family-owned group that has become a key player in the Middle East luxury...
20 September 2021
Gemo is advancing in Africa
In 2020, Gemo’s turnover fell by 12% to €720 million via 440 stores worldwide. Having opened stores in Tahiti and New Caledonia (the Noumea unit is in the Top 10), a second store will...
20 September 2021
UAE’s e-commerce is progressing
According to Euromonitor, e-commerce reached US$3.9 billion in the U.A.E. in 2020, reaching 8% of retail sales (Dubai Chamber of Commerce and Industry).
20 September 2021
Dubai. Carrefour launches a first standalone supermarket
Majid Al Futtaim, Carrefour’s franchisor for 30 countries in the Middle East, Asia and Africa, inaugurated its first standalone supermarket on September 6, 2021.
20 September 2021
Gulf Sovereign wealth funds eye Selfridges
In the end of July 2021, the British department store operator Selfridges said it was considering a sale. Credit Suisse sent an information memorandum to potential investors. Selfridges operates 4...
20 September 2021
“Our tenants can use our hypermarkets’ drive-through for online pick up”
Three questions to Mael Aoustin, CEO of Galimmo property owner, Galimmo offers a shared solution for
20 September 2021
Auchan Retail revenue still sluggish in H1
In the first half of the year 2021, Auchan Retail’s sales fell by 2% on a comparable basis, to €14.9 billion excluding V.A.T. Profitability improved to €594 million. In France...
20 September 2021
Kingfisher and Adeo test urban shores
After the deployment of “pedestrian food drives” in European city centers, will D.I.Y. retailers follow a similar path? For the time being, retailers are piloting numerous small...
17 September 2021
What is a future shape for Lagardère’s retail business?
As the Vivendi Group (owner of Universal and Editis) is launching a takeover bid for the entire Lagardère group, the future of the retail branch may follow options of a global sale or breaking up...
17 September 2021
Buy Now Pay Later. Ikea invests in Jifiti
In early September 2021, the Swedish retailer Ingka (390 Ikea stores in 32 countries, 45 shopping centers plus an e-commerce site accounting for 18% of last year’s turnover) invested US$...
17 September 2021
Square aims for seamless mobile payment in retail
The U.S. payment solution specialist Square, founded by Jack Dorsey (co-founder of Twitter) is now allowing retailers to accept mobile payments via its Cash App Pay functionality.
17 September 2021
Sainsbury’s and Tesco move towards store/warehouse pay equality
In the U.K., retail staff are demanding that employers achieve pay equity between shop jobs (predominantly female and lower paid) and warehouse jobs (predominantly male).
16 September 2021
The retail rush to marketplaces
The theme of this September edition is a rush to digital marketplaces. To understand challenges and the economic potential of marketplaces for the retail industry, mind Retail is taking stock of...
14 September 2021
Home electrical products. Why rental sites flourish
For electronic devices, circular Economy models that maximizes convenience and minimizes expense for consumers gain traction in Europe.
3 September 2021
Deliveroo still making a loss in the first half of the year
Will Deliveroo’s business model ever be profitable? Boosted by successive lockdowns, the business doubled in the first half of 2021, going from 75 to 149 million deliveries: double those of...
3 September 2021
Footfall is still sluggish in British city centers
Even though home office recommendations were lifted on July 19, British workers are not returning to the office in numbers, thus penalising retail activity in city centers, summarises the think...
3 September 2021
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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...