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[Luxury Barometer] Global Top 5 in 2024: a delicate balance
As Richemont and Chanel publish 2024 accounts (May 2025), mind Retail analyses the health of the world's top five luxury brands—LVMH, Chanel, Hermès, Kering, and Richemont—using 5 indicators...
Blackstone acquires Kolkata’s South City Mall for US$377 million
In India, with the buyout of developer South City Project on June 17, the US investment fund Blackstone has acquired Kolkata’s South City Mall. The transaction, carried out with the...
An additional US$14.8 billion to boost the South Korean economy?
In South Korea (population in 2024: 30 million), the government proposed on June 19 a second budget of US$14.8 billion to stimulate consumption in the country, which has been sluggish for a year...
Malaysian company Mr.DIY opens in South Africa
South Asian D.I.Y. discount retailer Mr.DIY (2024 revenue: US$984 million, up 6.7% year-on-year, via 5,000 stores in Asia and Europe) is preparing to sell in Africa with a first store in South...
Stand-alone checkout systems: 365 Retail Markets acquires Cantaloupe for US$884 million
In the U.S.A., Cantaloupe (2024 revenue: US$268.8 million, up by 10.2%), a manufacturer of self-checkout systems competing with Diebold Nixdorf, among others, has been acquired by competitor 365...
20 June 2025
Daniel Gebler, Picnic: “Like in the Netherlands, we want to launch a reverse logistics service in France and Germany”
As e-commerce retailer Picnic accelerates its logistics robotization with the opening of a third—and largest—automated processing center in Germany, it is also embracing new models. In the...
19 June 2025
TikTok Shop launches in Japan and secures a future in Indonesia
Bytedance is preparing to launch TikTok Shop in Japan. This is expected from a change in the app’s privacy policy in Japan, which now refers to “shopping features,” according to...
Colruyt and Carrefour rebalance European assets
On June 17, the Les Mousquetaires Group (2024 sales: €42.5 billion, up 6.4%) announced exclusive negotiations to acquire 81 Colruyt stores, 44 petrol stations, and 1,300 French staff. The...
Faced with trade tensions, Shein and Asics are ramping up Indian production
In India, Shein and Asics are increasing production capacity to respond to trade tensions and secure supply chains. Shein (2024 revenue: US$38 billion, up 19%), which returned to India in February...
ChatGPT’s audience doubled in 4 months, OpenAI aims for 100% increase in revenue
According to data from Demandsage, ChatGPT’s total audience reached 800 million weekly active visitors in April 2025. By way of comparison, this was 400 million in February 2025 and 300...
18 June 2025
Italy’s Conad to invest €258 million in store network
On June 9, the Italian group Conad (2024 revenue of €21.1 billion, up 4.5% year-on-year after a rise of 8.1% in 2023) announced an investment of €258 million by 2027 in a network of...
With stablecoins, Walmart, Amazon, and Shopify want to break free from traditional banking channels
In the US, payment disintermediation continues. Walmart (2024 revenue: US$681 billion, including approximately US$100 billion online) and Amazon (2024 revenue: US$638 billion) are considering...
Financière Agache, a Bernard Arnault’s holding company, exits Lagardère’s capital
It’s the end of a strategic partnership. According to the AMF, Bernard Arnault’s holding company Financière Agache sold the remaining 7.97% stake in the Lagardère group...
Shabir Vasram, Daphni: “We are seeing valuation anomalies in certain AI cases due to investors’ pressure”
Shabir Vasram is a Partner at venture capital firm Daphni. Focusing on seed to Series A funding, Daphni backed companies such as Back Market, Stockly, Albatross and Prediko, and is rapidly...
Faced with customs duties, free delivery is on the decline in the U.S.A
In order to offset additional costs associated with customs duties (10% for most countries and 30% for China), U.S. retailers are beginning to tighten delivery policies. Recently, subscription toy...
Pressured Debenhams signs with Romanian unicorn UiPath to optimise prices
Debt renegotiation, declining sales, margins under pressure: to regain control of a pricing policy, Debenhams is turning to the Romanian automation unicorn and embarking on a shift towards smarter...
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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
Electronic shelf labels: why the US regulator threatens rollout
In the USA, the Federal Trade Commission has just required full transparency on the use of pricing algorithms based on personal data, under threat of penalties. In this regulatory framework...
2
From ChatGPT Ads to Amazon Alexa for Shopping: advertising in LLMs scales up in Europe
This summer, OpenAI successively rolled out its ChatGPT Ads platform in the UK and in 30 European countries. From formats used, CPM levels notably for FMCG products and the new role of GEO...
27 August 2026
3
With Claudeforce, Salesforce opens data to Anthropic and shifts into the conversational AI era
With the announcement of deep integration of the Claude LLM within the Salesforce ecosystem via MCP servers, SaaS software interfaces are fading in favour of AI agents. According to...
9 September 2026
4
Retail media & LLMs: navigating intent-driven and custom experiences
From store aisles to ChatGPT Ads placements, retail media is shifting away from traditional slots, formats and keywords toward intent-based targeting. Driven by lower access costs to LLMs, full...
31 August 2026
5
Facing SharkNinja’s hegemony, Carrefour and Darty gain ground on TikTok Shop
While Sephora follows in Ulta's footsteps on TikTok Shop in the US, mind Retail analyzed sellers performance in Q2 2026. Based on exclusive data from Lengow and Kalodata, this European market...
7 September 2026
6
Fnac Darty to launch Wero on its e-commerce sites
According to our information, Fnac Darty is about to deploy European payment solution Wero, based on account-to-account instant transfers, on its e-commerce sites. Already active in Germany at...
4 September 2026