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NRF is optimistic for retail in 2021
As predicted on June 9th by the National Retail Federation, U.S. retail sales (online and offline) are expected to grow between 10.5% and 13.5% this year.
15 June 2021
Etsy takes over the “British Vinted”
The Etsy marketplace (revenues of US$1.72 billion in 2020, + 111%) announced the acquisition of the British second-hand platform Depop for US$1.63 billion. This should be effective in Q3 2021...
15 June 2021
“The CSR change is easier to make when you have good margins”
Nathalie Baudoin has been Marketing Director Europe at Patagonia for 12 years. She discusses the sustainable milestones set by the retailer, well before competitors
Kingfisher. With 21% of e-commerce, what role for physical stores?
As e-commerce keeps gaining ground, Kingfisher's D.I.Y. stores have been seeing new functions and new jobs, which change daily organization. Romain Roulleau, Chief Digital Officer, summarized this...
4 June 2021
KKR to take a stake in Cegid
In five years, Cegid's valuation has seen more than a nine-fold increase. This is highlighted by KKR’s entry into the capital of the management software publisher.
4 June 2021
Rewe and Sonae offering stores with no cashier queue
Rewe, Sonae, Tesco and Metro AG are investigating a potential future for retail payment. Such solutions combine reduced human interaction with removal of delays for queuing and payment.
4 June 2021
“Maybe that e-commerce will grow to 25% of the U.S. grocery market in the long term”
Owned by the Korean giant Emart, Good Food Holdings is a premium grocer, whose main rivals are Wholefoods (Amazon) and Trader Joe’s (Walmart). Neil Stern, CEO since September 2020, explains his...
28 May 2021
Tell me who your customers are, I’ll tell you who you are
Eager to deploy Artificial Intelligence and boost physical retail, Navori Labs, the specialist in digital signage solutions, launched Aquaji software. This innovative smart data solution measures...
28 May 2021
U.K. Boohoo aligns executive bonuses to CSR targets
Having been rocked by the scandal surrounding poor practices at its suppliers last year, UK online fashion retailer Boohoo is looking to restore its image. It has decided for the first time, under...
Who are the new pure-players in grocery e-commerce?
Their names are Gopuff, Gorillas, Dija or Cajoo... As fundraisings are on the rise across Europe and in the U.S. with valuations in billion of Dollars, Mind Retail compared the business models of...
21 May 2021
Mango Upside Down Teen Pop Up, The Concept of the Month
Will the TikTok podium become a must in retail merchandising? This is the vision of the Spanish retailer Mango in a new pop-up store for teenagers based in Barcelona. Magda Espuga, CEO of the...
20 May 2021
Pure-player Alltricks accelerates store openings
The bike specialist pure-player Alltricks reported sales up by 63% last year to €132 million.
20 May 2021
D.I.Y. European markets remain in fair growth
According to the Spanish professional Association AECOC, the D.I.Y. market grew by 36.5% in the first quarter of 2021 (year-on-year evolution).
20 May 2021
Leroy Merlin tests live shopping events
According to the latest studies by iResarch, Deloitte and Gartner, the conversion rate from enquiry to sale for a live shopping event varies between 15% and 35% depending on the country, compared...
20 May 2021
The man who transformed Best Buy
In 2020, Best Buy’s turnover reached US$ 47.3 billion, up by 8%. With 43% of sales online, it is one of the most omnichannel retailers in the world. As a comparison, rival Fnac Darty reports...
20 May 2021
L’homme qui a sû transformer Best Buy
En 2020, le CA de Best Buy a atteint US$ 47,3 milliards (+8 %) … Avec 43 % de ventes en ligne, c’est l’un des retailers les plus omnicanaux au monde. A titre de...
20 May 2021
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