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What strategies for international grocers in Asia?
Within a troubled health landscape in Asia, food retailers adopt very distinct strategies depending on their format. Costco, the U.S. cash & carry giant (sales of US$149.3 billion in 2019, up...
18 March 2020
German-Korean luxury label MCM enters the U.A.E.
The German-Korean luxury retailer MCM (known as ‘Modern Creation München’, a subsidiary of Sungjoo Group from South Korea) signed a joint venture agreement with Al Tayer Insignia...
18 March 2020
South Africa. The Burger King franchise is to change hands
The Emerging Capital Partners investment fund (total value of US$640 million) is expected to acquire the Burger King franchise in South Africa for an estimated US$48 million. It is due to own...
18 March 2020
Morocco. Label’Vie is raising funds to finance growth
The retailer Label’Vie, a subsidiary of Retail Holding operating grocery stores plus Carrefour, Burger King and Kiabi franchises, continues a dynamic expansion in Morocco and Western Africa...
18 March 2020
Ghana. A new African retail opportunity
According to the latest Global Retail Development Index compiled by Kearney, Ghana has entered the “Top 10” of the world’s most attractive emerging markets for global retailers...
18 March 2020
U.S.A. Ikea optimises product returns to reduce environmental impact
To continually reduce the environmental impact of operations, Ikea is streamlining product returns to cut waste and enhance margins. U.S.A. figures for Ikea report that approximately 10% of...
18 March 2020
Department stores. Neiman Marcus leaves outlet operations
The retailer (with 30% of revenue from e-commerce) is expected to soon close more than 50% of the “Last Call” discount stores. The new focus is on selling luxury. In the U.S., the firm...
18 March 2020
Ulta Beauty targets Canada
With success above expectations in 2019, the cosmetics retailer (1,254 stores in the U.S.A.) confirms international ambitions. By 2021, the firm aims to expand into Canada. The country will be...
18 March 2020
Landlord Simon Property saves tenant Forever 21
Involved in a fierce expansion strategy including a takeover of rival Taubman Centres for US$3.6 billion, the property landlord Simon Property Group (200 malls and outlet centres in the U.S.)...
18 March 2020
Underwear. L-Brands transfers control of Victoria’s Secret
Eager to ease debt pressures, the U.S. underwear retailer Victoria’s Secret has been transferred to Sycamore Partners and delists from the stock market. The investment fund takes 55% of the...
18 March 2020
In the U.S.A. and in Europe discount and e-commerce do not mix
The U.S. discount fashion retailer Burlington Stores (turnover of U$2.2 billion during the quarter to late January 2020, via 720 stores in the U.S. and Puerto Rico) announced a closure of the...
Beauty retailer Natura & Co. posts solid results
In Brazil, the cosmetics giant Natura recorded a solid performance in the 4th quarter of 2019, with sales of US$1 billion, a rise of 7.3%. Adjusted E.B.I.T.D.A. grew by 12% to US$177 million...
18 March 2020
Ingka Group. “Instead of building malls, we are looking to buy existing urban assets”
While Ikea has clearly prioritised city centre formats, Sophie Baqué met Jan Kristensson, in charge of the brand's real estate strategy.
18 March 2020
Retail Property. Time for asset reshuffle has come
Across Europe, retail property companies are reviewing portfolios to adjust to a fluctuating context. E-commerce is gaining market share and the retail property market is become less resilient and...
18 March 2020
Ace & Tate adds sustainability and physical stores
The Dutch eyewear direct-to-consumer brand Ace & Tate launched in 2013 as a pure-player, but now operates more than 50 fully-owned stores across 10 European countries. The latest innovation is...
18 March 2020
Edeka Zurheide, The Concept of the Month
Whilst supporting ‘Euroshop’ G.R.N. reviewed the very high-end supermarket Edeka Zurheide (on Berliner Allee, 10 minutes from Düsseldorf central station). Halfway between retail...
18 March 2020
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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
Carmila join forces with Unlimitail and JCDecaux to equip 252 malls
On December 9, Carrefour and Carmila signed a partnership with Unlimitail and JCDecaux to create a retail media network combining indoor DOOH and outdoor OOH across their sites in France and...
12 December 2025
2
With Grand Frais, Apollo makes a first move into European grocery retail
Through an agreement to acquire 70% of the operator of Grand Frais, the US investment fund Apollo aims to double stores and evolve a model that has so far been entirely focused on physical retail...
19 December 2025
3
Italian Golden Goose set for Chinese ownership
A year after the French children’s clothing brand Bonpoint was acquired by Chinese group Youngor, Italian luxury brand Golden Goose is next. British fund Permira (already owner of Hugo...
9 December 2025
4
Pierre Brousseau (FDJ United Ventures): “For 2026, we are positioning ourselves in a more rational and offensive again VC market”
What is the total amount of assets under management at FDJ United Ventures?FDJ United Ventures was launched in 2015. We invest in European start-ups supported by La Française des Jeux (FDJ...
12 December 2025