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[mind Retail Exclusive] With Courrèges, Gérard Darel and Roberto Cavalli, Autone grows to 40 customers
mind Retail learned that Y Combinator-incubated stock optimisation start-up Autone is preparing a Series A. After launching in fashion, the firm is moving into home furnishings and beauty.
19 April 2024
B&Q: 10% of e-commerce sales come from product recommendations
At the World Retail Congress in Paris, Thierry Garnier, C.E.O. of Kingfisher (sales of US$14.98 billion in 2023, down 1.8% at constant exchange rates), highlighted two AI projects introduced in...
19 April 2024
Bijou Kurien, Retailers Association of India: “Investors’ focus has shifted from sales growth to profitability”
After 6 years as head of L-Catterton Asia, an investment fund supported by LVMH in Asia, Bijou Kurien is the Chairman of the Retailers Association of India, and a member of the Board of several...
Retail crisis in Morocco: international franchises in jeopardy
In 2024, the Moroccan retail sector is going through a tumultuous period, marked by the successive closures of international franchises. An example is the departure of two H&M stores belonging...
19 April 2024
L’Occitane, Sephora, Ulta Beauty make major moves in a slowing market
As the beauty market slows down, particularly in China, cosmetics retailers are making major moves. L'Occitane is delisting from the Hong Kong stock exchange, Sephora is changing governance in...
Crate & Barrel: design workshops generate 40% of store sales
Operating in the U.S.A. and Canada, furniture retailer Crate & Barrel (Otto Group) developed an appointment-only service offering advice on interior design and decoration. Results were...
Jean-Louis Borde, Gemo: “We are going to launch a rental service for our baby range”
Fashion retailer Gemo, part of the Eram group, adapted logistic tools to embrace a circularity journey for rental services. Jean-Louis Borde, Supply-Chain Director, explained adoption of the new...
China: Roche Bobois takes back control of Chinese franchisee
On April 10, 2024, the family-owned Roche Bobois Group (annual sales of €429.6 million to 31 December 2023, up 6.1% at constant exchange rates) announced a strategic shift in China. With 340...
11 April 2024
McDonald’s buys back Israeli franchise to curb boycott calls
While McDonald’s has been the subject of numerous calls for boycotts over the last 6 months, on April 4, 2024 the group announced the purchase of the Israeli franchisee Alonyal Ltd. Created...
11 April 2024
Autonomous stores: with a smart shopping cart, Amazon is aiming for a more omnichannel retail media
By deploying a smart shopping cart in large-format stores, to the detriment of "Just Walk Out" technology, Amazon is seeking to capitalise on a new medium for retail media. Has the limits of...
The Home Depot continues B2B expansion with acquisition of SRS Distribution
In the United States, on March 28, 2024, The Home Depot (sales of US$152.67 billion in 2023, down by 3% in one year with a net margin at 9.9% of sales, down by 11.5%) announced discussions to...
9 April 2024
Chase believes it has cards to play in retail media
Is retail media the future of banking? On April 3, 2024, the retail bank Chase (JPMorgan) launched Chase Media Solutions (CMS), a retail media platform. Launched in the United States from April...
8 April 2024
In Milan, Kering spends €1.3 billion on the second most expensive street in the world
On 4 April, Kering (sales of €19.6 billion in 2023, down 2% in one year, and a net margin of 15.6% of sales, down 18%) announced the purchase of a building in Milan for €1.3 billion from...
In France, 47% of influencers do not comply with the law
In France, the 9 June 2023 law aimed at regulating commercial influence and combating the poor behaviour of influencers on social networks established a legal framework for advertising practices...
Ikea buys Ikano Bank
Swedish retailer Ikea, which offers fractional payment (BNPL) and consumer credit services, could soon be expanding a range of financial services. The parent company Ingka Group (total sales of...
4 April 2024
Department stores: Central Group wants to buy Signa Holding’s property assets
According to Reuters, the luxury division of Austrian property company Signa Holding (US$ 5.5 billion in debt as of November 2023), which includes Globus in Switzerland, Selfridges in London and...
3 April 2024
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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...