All articles

L’Occitane: Elemis investment pays back
The beauty retailer L’Occitane International (3,420 points of sales including 1,572 company-owned stores), announced net sales of € 727 million in the quarter to late...
10 December 2019
Voice recognition from. A future revolution for retail?
Voice dictation services are booming. Although 70% of voice requests to either Alexa and Siri are about weather, 30% of smart phone users also use voice dictation every day. (source: BDM media)...
26 November 2019
Who are the new Picard shareholders?
As discreet as influent, these individuals are unknown to the public but have a fair legacy of success as convenience store experts. Moez-Alexandre and Soraya Zouari, who own the eponymous Zouari...
14 November 2019
New M.D for Walmart U.S.A.
In the United States, Walmart announced the surprise departure of Greg Foran, who ran Walmart U.S.A. for the past five years, i.e. 4,769 stores excluding the Sam’s Club cash & carry...
14 November 2019
Hong Kong protests push city into recession
In September 2019, the chain of organic convenience stores JustGreen dropped the curtain in Hong Kong, after 11 years of business. InterContinental Hotels Group told investors that in Hong Kong...
14 November 2019
Do Chinese shoppers want sustainable fashion?
In China’s retail, trends generally spread very quickly. As Chinese consumers are used to be interested in the best deals on designer brands, will the next frontier be ethically sourced or...
14 November 2019
Uniqlo’s impressive Indian start
Japan’s biggest fashion brand is Uniqlo (a subsidiary of Fast Retailing, revenues of US$48.1 billion in 2018, up by 7.5%). The business opened a first store in India in October 2019 and...
14 November 2019
U.S. brands lose Chinese customers
Many international retailers miscalculated the consequences of a wave of Chinese patriotism in a country with a population exceeding 1 billion. According to a study from Brunswick Group of June...
14 November 2019
Metro AG and Costco in opposite moves in China
The German wholesale retailer Metro AG agreed to sell a majority stake in its Chinese operations to Wumei Technology, which owns 1,000 stores (under the Wumart brand notably) with annual sales of...
14 November 2019
Electro Man, The Concept of The Month
In Seoul, we visited the Electro Mart store in the Starfield Hanam Mall. Electro Mart is part of E-mart, South Korea’s largest diversified retailer (US$15.5 billion revenue in 2018, a rise...
14 November 2019
India’s new protectionist laws threatens Walmart
In India, Amazon and Walmart, owner of Flipkart, are in the target cross-hairs aimed by ‘Kiranas’, who are traditional family shops that sell a little of everything on every street...
14 November 2019
Eden Park aims to win an African bet
Following Setif and Oran, the menswear brand Eden Park (sales of €60 million in 2018, up by 3% year-on-year) opened on October 19, 2019, a 3rd Algerian store, near the newly opened Decathlon...
14 November 2019
Saudi Arabia bets on retail and tourism
Saudi Arabian unemployment passed 12% in late June 2019. This represents over a million people seeking work, including 30% of these aged between 25 and 29. In the current context of economic...
14 November 2019
Jumia on a tightrope
According to Standard & Poor’s, African e-commerce leader Jumia Technologies recorded a share price fall of 29% in September 2019. This follows, among other pressures, a Bloomberg...
14 November 2019
Costco shows it can win customers with rising sales
In the quarter to September 1st, 2019, the U.S. warehouse retailer reported revenue of US$47.5 billion, a combination of net sales and membership fees. Costco’s comparable sales (those from...
14 November 2019
Amazon signs property leases
Eager to open a chain of grocery stores in the U.S., Amazon signed leases for more than 12 stores in Los Angeles. Amazon is buying spaces between 1,800 and 3,700 sq.m. within strip centres and...
14 November 2019
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Most viewed articles of the month on mind Retail
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Seizure of Auchan Retail’s assets in Russia penalises a risky gamble
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