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Despite lower debt, Zouari struggles to take control of Picard
On June 26, Picard’s debt (€1.8 billion in sales in 2023, up by 5.9% in one year) was re-negotiated and reduced by shareholders. These are a British investment fund Lion Capital (51%)...
12 July 2024
Retail media: Boulanger leaves Criteo to sign with Valiuz Adz
Boulanger (sales €4.35 billion by 2023) and Valiuz Adz, the retail media agency of the Valiuz data alliance (Auchan, Decathlon, Leroy Merlin…), which includes Boulanger, announced a...
12 July 2024
JouéClub bets on the 2024 Olympics to boost growth
In the toy sector, even though the 4th quarter accounts for more than 50% of sales, the Olympic Games are a highlight of 2024. JouéClub spokesman Franck Mathais reviews this pivotal moment.
12 July 2024
Christopher Hermelin, Nicolas Group: “Advertisers are not investing in the Olympics”
Nicolas Group, a wine cellar retailer with a strong store base in Paris, shared the customer engagement strategy for the Olympics with mind Retail. With 15 million tourists expected to visit...
Amazon takes a step into luxury with the mega-merger of Saks and Neiman Marcus
Within a U.S. luxury goods market hit by inflation, Saks acquired a major competitor Neiman Marcus for US$2 billion. At a time when department stores are sharpening logistics strategies by...
8 July 2024
JD.com could invest €2.4 billion to boost delivery capacity in the U.K.
In the U.K., delivery and locker company Evri (75% owned by Advent and 25% by Germany’s Otto) may have found a new owner in JD.com. Other interested parties include Poland’s InPost...
5 July 2024
[mind Retail Exclusive] Columbus to launch a supermarket offer in Canada in Costco and Metro
With sales of €113 million in 2023, i.e., 74% of parent company Wagram Food Service revenue, French coffee shop retailer Colombus&Co is continuing a shift into supermarkets...
In Poland, convenient stores giant Zabka targets US$8 billion valuation for I.P.O.
Luxembourg-based investment fund CVC Capital Partners Plc plans to float Zabka, Poland’s leading convenience store retailer, on the Warsaw Stock Exchange in September 2024. With 10,000...
4 July 2024
U.S. Legends manages the Champs-Élysées Paris 2024 megastore
On June 27, the Champs Elysée Olympic Games megastore, managed by the U.S. company Legends, was opened on Place Clémenceau. At the bottom of the avenue, this covers 1,000 sq.m of...
3 July 2024
In receivership, leaflet specialist Milee will lose over 5,000 jobs
Amid a paper leaflet market that halved in 4 years in France, several companies seem to be on the verge of collapse. As Mediapost ceased distribution, rival Adrexo (Milee) could file for...
Naf Naf taken over by Turkey’s Migiboy for €1.5 million
On June 18, the Parisian Commercial Court of Bobigny granted Naf Naf (2022 sales of €141 million, debts of €40 million in 2023) to Migiboy Tekstil (2023 sales of €55.9 million down...
27 June 2024
[mind Retail Day] How AI has become a performance lever for physical stores
How can omnichannel retailers make the most of AI technologies, whether generative or not? What results can they expect? The mind Retail Day, held in Paris on June 19, offered an opportunity to...
[Cannes Lions] Retail media: professional measurement is a key to scale-up
While the retail media sector is maturing, the question of scaling up was a common theme at Cannes Lions. On the one hand, the multiplication of retail media networks and the growth of the...
27 June 2024
[mind Retail Day] Six fashion, home and B2B retailers facing circularities’ challenges
At the mind Retail Day on June 19, Béatrice Brandt (Le Jacquard Français), Loic Gauchet (5ASEC Business), Anne-Laure Grand (Decathlon Pro), Marie Kennel (Christofle), Damien Pellé (SMCP) and Julia...
[mind Retail Day] Leveraging retail media on marketplaces: all the takeaways
Retail media, which is almost mature in grocery and to a lesser extent at electronics retailers, is now taking off in non-food marketplaces. How do they scale up? What KPIs and margin levels can...
26 June 2024
Luxury brand Polène makes inroads in South Korea with a flagship
Founded in 2016, French luxury leather goods brand Polène (5 stores, with 3 in Paris, 1 in Tokyo and 1 in New York) is continuing to expand. On June 15, 2024, the retailer opened a flagship...
26 June 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
O’Boticario rolls out AI diagnostics across 4,000 stores with Haut.ai
On August 18, Brazilian cosmetics retail chain O’Boticario (2025 GMV up by 6.7%) announced the deployment of skin analysis technology provided by Estonian start-up Haut.AI. It will be rolled...
21 August 2026
2
Hugues Chanoine (Hygie31 Digital): “The next step is to eliminate filters to move to 100% conversational search”
The Hygie31 retail group, known for the Lafayette Pharmacies, is continuing to transform its websites, driven by Cocooncenter. Thanks to an AI strategy and a fully redesigned IT architecture, it...
3
ChatGPT: Bureau Vallée’s recipe to capture back-to-school spending
By launching a conversational chatbot with Algolia and a new module converting school lists into e-commerce carts this summer, Bureau Vallée aims to ease the chore of back-to-school supply list...
4
Walmart finally accepts in-store payments with Apple Pay and Google Pay
Sanctioned by financial markets after a sharp US slowdown in Q2, Walmart is reviewing a checkout strategy. Abandoning a rejection of technological giants, the group is rolling out Apple Pay and...
24 August 2026
5
Why Shein emits twice as much CO2 as Inditex for equivalent revenue
On the occasion of an IPO, Shein revealed a carbon footprint of 25.5 million tonnes of carbon dioxide in 2025, up by 20% compared to a reference year. For an equivalent sales level, the fast...
6
Lidl’s owner continues cloud services offensive
With €2.2 billion in cloud revenue and growth 3 times faster than the rest of the business, Schwarz Group continues a technological shift. Between investments in its own data centres, buyouts in...
1 September 2026