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In mid-December 2017, Russia’s 2nd largest retailer X5 Group (sales of US$15.9 billion in the 9 months to September 2017 via 11,326 stores) signed an agreement to take over the supermarket...

18 January 2018

Russia finally agrees visitor tax refunds

As Vladimir Putin is seeking a 4th Presidential election in March, giving him control until 2024, Russia is introducing a tax refund for foreign tourists, except those from Kazakhstan and...

18 January 2018

C&A soon under Chinese flag

The low-cost C&A retailer headed by Alain Caparros (1,500 stores in 18 European countries, a subsidiary of the Swiss giant Cofra Holdings) is about to be sold to a group of Chinese investors...

18 January 2018

Pimkie reduces German and Austrian footprints

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

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Aroma-Zone and Najar reveal the behind-the-scenes of a strategic partnership

As the adoption of AI results in increasing cost volatility for companies, mind Retail spoke in Monaco with Christelle Glaszer, Manager of Indirect Purchases at Aroma-Zone natural beauty retailer...

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After-sales service: Prolong aims to become the OS of repair and adds 3 luxury brands

Signing of three high-end clients, launch of a maintenance passport, imminent Seed funding round and cloud migration project in China… At a 1-to-1 conference in Monaco, the Founder of Prolong...

12 March 2026

Regulatory: With 200,000 Digital Product Passports issued, Darty scales up

While the European Commission is set to vote on delegated acts to specify requirements for home appliances, Darty is accelerating a Digital Product Passport (DPP) push by integrating new products...

11 March 2026

Electronic labels: Hanshow accelerates breakthrough and signs with a leading British retailer

While the leader in electronic labels, Vusion exceeded €1.47 billion in revenue in 2025, rival Hanshow is stepping up a global offensive, winning a strategic account in the U.K. and a new POC for...

27 February 2026

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Profound raises US$96 million in Series C funding, becoming a first GEO unicorn

Founded in 2024 in New York by James Cadwallader, GEO startup Profound raised US$96 million on February 24, 2026, in a Series C round led by Lightspeed Venture Partners, including Sequoia Capital...

25 February 2026

Klépierre, URW, Carmila: in 2025, retail media and services accounted for nearly 10% of net rental income

Published on February 12 and 19, annual financial results of the three major European property companies show that Klépierre, Unibail-Rodamco-Westfield, and Carmila are no longer singing from the...

24 February 2026