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Hit by a 10% sale drop in 2017, the low-price fashion retailer Pimkie (750 stores including 300 in France) will close 35 stores in Germany and 15 in Austria by June 2019. In 2015, Pimkie shifted...

18 January 2018

Kiko closes its U.S. stores

The cosmetics retailer Kiko, owned by the Italian Percassi Group, will drop the curtain in the U.S.A., closing around

18 January 2018

Big enough to pay taxes

“Amazon, Apple, Facebook and Google employ only 418,000 people. This is similar to the population of a medium-sized city of the United States like Minneapolis, but their stock market...

18 January 2018

How to manage like an Amazon ?

According to Jeff Wilke, C.E.O. Worldwide Consumer at Amazon based in the U.S., customer obsession is mandatory at the firm, which grabbed almost 45% of all U.S. e-commerce sales and 4% of retail...

18 January 2018

D.I.Y. ‘‘At Mano Mano, we have a wide-open opportunity ahead of us”

Becoming Europe’s biggest online retailer of D.I.Y. and gardening products is the grand ambition of Mano Mano, a specialised and fast-growing marketplace, which fills a gap unexploited by the...

18 January 2018

Market place. My best ennemy ?

For some retailers, large market places such as Amazon and Tmall can help generating additional revenue or quickly evaluate a new territory. For others, trading with them means joining forces with...

18 January 2018

Steinhoff without C.E.O.

Hit by an unprecedented accounting and legal scandal, the Managing Director of Steinhoff International Holdings Markus Jooste resigned in December after 17 years. Christo Wiese, current Chairman...

20 December 2017

Aldi Süd doubles Board members

German discounter Aldi Süd has announced plans to double the number of Board Directors to 6 from January 1, 2018. Current Board Members Peter Ernst, Max Hofmarksrichter and Jens Ritschel will...

20 December 2017

Nicolas Houzé takes charge at I.A.D.S

Nicolas Houzé (aged 42) is the new President of the International Association of Department Stores in Paris. He is serving for an initial 12 months, and may extend for a further year. The...

20 December 2017

“Growth of online retail reinforces the importance of flagship stores”

The 29th edition of Cushman & Wakefield’s report ranks the most expensive streets in each country by prime rental value, giving an analysis of trends for property values. .

20 December 2017

V.A.T. hits the Gulf retail market

From January 1, 2018, the Gulf Cooperation Countries will see launch of a 5% V.A.T. in the retail sector, adding to the cost of staples, fashion, home electrical products and jewellery. Tourist...

20 December 2017

Morocco strengthens its textile industry

In 2017, Morocco’s textile and clothing sector should generate exports revenue of €3.3 billion (+6%) via 1.1 billion pieces manufactured. This sector benefits from the strategic plan of...

20 December 2017

Spinneys attracts interest from Majid Al Futtaim and Sonae

Majid Al Futtaim, the operator of Carrefour’s franchise in the Gulf region, is said to be in negotiations regarding Spinneys’ supermarkets in Lebanon. The Portuguese retailer Sonae...

20 December 2017

Carrefour and Shoprite place their pawns in Kenya

Amid Kenya’s deep political crisis, the country’s biggest food retailer Nakumatt Holdings is struggling. The Nairobi-based family group, which owes suppliers and creditors US$490...

20 December 2017

Decathlon expands in North Africa

In early November, the sporting goods retailer Decathlon (sales of €10 billion in 2016) opened its first Tunisian unit in the capital city of Tunis. Covering a sales area of 1,500 sq.m, it is...

20 December 2017

“In China, Origins’ sales double every two years”

Sophie Baqué met Jean-Alexandre Havard, International Director of the Origins natural cosmetics brand (owned by Estée Lauder, with 105 stores worldwide including 65 in the U.S.A.).

20 December 2017

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Agentic AI: Hymalaia attracts retailers and announces imminent fundraising

According to our sources, the young start-up Hymalaia is continuing development in retail with 4 new retailers currently in POC and an imminent fundraising. We examine the details.

16 December 2025

Refurbished smartphones: why Largo relies on Speeral automation

The start-up founded by the duo behind Teester and Skeepers is accelerating automation of second-hand product flows. The strategy is to use AI to direct products to high-traffic marketplaces such...

9 December 2025

Leroy Merlin and Aroma‑Zone launch in‑store analytics pilots with XXII

French retail tech XXII, which aims to become the Google Analytics and Contentsquare of physical stores, has already signed with 15 retailers and shopping centres, mind Retail learned. A year...

5 December 2025

Already in POC, Dialog’s conversational agent shows up in the search bar

Buoyed by a €3.8 million seed round closed in mid‑November 2025, French start‑up Dialog, specialised in AI‑based conversational e‑commerce, is accelerating. Initially placed on product pages, this...

4 December 2025

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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

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

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

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