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Benetton Co-Founder to step down as Chairman amid allegations of fraud
On May 25, in Italy, Luciano Benetton, Co-Founder of the eponymous Italian fashion retailer (sales of €1.09 billion in 2023 up by 8.5%, after a 19%-uplift in 2022), announced his intention to...
6 June 2024
Dealt raises €6 million in Series A to foster services and circularity
Formerly Mon super Voisin, Dealt, a specialist in white-label services for retailers, has announced a €6 million round of funding to accelerate expansion in France and Europe. C.E.O. Mickael...
OneStock raises US$72 million to boost connectivity
On May 21, 2024, US fund Summit Partners (RELEX, Akeneo, Klaviyo, Optimove, Later and Mi9 Retail) announced a US$72 million investment in French OMS provider OneStock (100 clients including Yves...
Retail media: PayPal creates an advertising division headed by an ex-Uber
PayPal (427 million active accounts in Q1 2024, for 6.5 billion transactions) is to launch an advertising sales platform, PayPal Ads. Based on users’ transactional and behavioural data...
31 May 2024
China: Shunned by Gen Z, Pandora fails to recover
Although very dynamic in the U.S.A. and in Europe, Danish retailer Pandora (sales of US$4.11 billion in 2023, up by 6%like-for-like, followed by a rise of 11% in Q1 2024 at US$980 million) is...
31 May 2024
Faced with a 183% turnover, Chipotle pays off its employees’ loans
Distribution of free shares, financing of student loans, assistance with pension payments... In a sector where turnover exceeds 75% in the U.S.A., fast-food retailer Chipotle is redoubling efforts...
CSRD: Why global retailers are more exposed
Eight months before the publication of the first extra-financial reports, CSRD is shaping up to be a major challenge for European retailers. Headaches include collecting data from globalised...
30 May 2024
After very heavy weather, Chalhoub and Times Square take emergency measures
Two heavy storms wreaked havoc in Dubai on April 16 (254 mm of water) and on May 2. The damages recorded, with the heaviest rains the city has seen since 1949, is still being assessed for the...
29 May 2024
Augmented reality: start-up Zero10 deploys mirrors in Dubai
By 2024, augmented reality (AR) mirrors are set to transform the retail sector, particularly in fashion and entertainment. Led by George Yashin, Cypriot start-up Zero10 offers an AR mirror...
E-commerce: Central Food Retail deploys hubs in 600 convenience stores
As in Europe, omnichannel retailing is a guarantee of profitability in Thailand. This is shown at Central Food Retail (700 stores, sales of US$ 1.4 billion in 2023), where 70% of Web orders are...
Mirakl launches 24-hour vendor onboarding with Mistral AI and OpenAI
On May 28, Mirakl (ARR of US$160 million in 2023, up by 20%) announced the beta launch of Catalog Transformer. The solution is based on Mirakl algorithms (Artificial Mirakl Intelligence) and LLM...
[mind Retail Exclusive] Asda reduces phantom stock by withdrawing 1.6 million products
According to our information, the British retailer Asda rolled out Retail Insight's latest solution in all its supermarkets. The grocer aims to reduce inventory errors, which are responsible for...
24 May 2024
Ghislain Boyer, KPMG: “With CSRD, ESG will eventually hit retailers very hard”
Global retailers are particularly affected by the imminent arrival of Europe’s CSRD (Corporate Sustainability Reporting Directive), according to Stephanie Grandjean Mateos and Ghislain Boyer...
Mental health: Kate Spade raises awareness among 900 store managers
On May 16, 2024, on the occasion of the Mental Health Day of Action in the U.S.A., luxury label Kate Spade (sales: US$1.42 billion in the year to end June, a fall of 2% in a year) boosted its...
24 May 2024
E-commerce: LVMH and Alibaba combine cloud and AI technologies
On May 22, at Viva Technology, in Paris, LVMH and Alibaba announced a five-year technology partnership to optimise customer experiences and logistics (inventory management, distribution) of the...
24 May 2024
[mind Retail Exclusive] Lacoste signs with StrutFit to reduce online returns
On May 23, at Viva Technology in Paris, mind Retail learned of Lacoste‘s signing with New Zealand’s StrutFit in March 2024. StrutFit‘s tech solution, based on computer vision and...
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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
Italy seizes €27.4 million from CEVA Logistics for fraud and undeclared labour
On March 3, 2026, Italian tax authorities announced the seizure of €27.4 million from two Italian subsidiaries of French supply chain specialist CEVA Logistics, itself a subsidiary of the...
2
Conflicts in the Middle East: what impact on the supply chain and European retail?
With US and Israeli strikes on Iran triggering a major crisis on February 28, 2026, retailers already have to face the closure of strategic trade routes, rising freight costs and import...
3
Following a complaint from the FTC, Walmart agrees to pay US$100 million to Spark delivery drivers
On February 26, 2026, Walmart (2025 revenue: US$713.2 billion, up by 5.1% at constant rates) agreed to pay US$100 million in response to allegations of misleading compensation to delivery drivers...
4
Social media & age verification: Tech breaks the glass ceiling of precision
As an array of international governments restrict social networks access for teenagers under 15 or 16, new facial recognition technologies from Yoti, Persona and k-ID are making progress in...
13 March 2026
5
Faced with sluggish demand, The Home Depot and Lowe’s cut 1,400 jobs and reaffirm a B2B focus
In the United States, with the home improvement and D.I.Y. market under pressure, retail leaders are reorganising. Home Depot and Lowe's, respectively No. 1 and No. 2 in the market, announced...
25 February 2026
6
Search AI : in the retail sector, 25% of AI queries are transactional
For mind Retail, online SEO specialist Ahrefs analysed retail queries on AI search engines. The goal was to measure the proportion of transactional prompts compared to informational ones. The...