All articles

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
In the U.S.A., Japanese discounter Daiso plans to increase store count 10-fold by 2030
In the United States, while Family Dollar has closed 600 stores since the start of the year, Japanese discounter Daiso (a subsidiary of Korean investor AsungHMP, which has an 84.2% stake since...
26 June 2024
Julie Hamadouche Bottino, Ba&sh: “On each garment, a label details the CO2 generated, energy consumed and freshwater pollution”
Supported by Fairly Made in terms of traceability and involved in a relocation program, Ba&sh has been publishing a voluntary CSR report for 3 years and has just been certified B-Corp. Since...
Chalhoub launches 2-hour delivery in Riyadh with Level Shoes
In June 2024, a year after launching a two-hour home delivery service in Dubai, Chalhoub’s Level Shoes (selling 250 shoe brands and two flagships in Dubai Mall and Riyadh Park Mall) decided...
Watsons invests US$250 million to upgrade in-store beauty experience
On June 6, 2024, Hong Kong-based Watsons (A.S Watson Group, turnover of US$23 billion in 2023) unveiled a US$250 million investment programme for its stores. This includes 1,200 new stores and...
Old Navy and Rent the Runway adapt collections in response to a rush on anti-diabetic drugs
In the U.S.A., Rent the Runway, Amarra and Old Navy are all seeing an unprecedented shift towards smaller sizes. The cause is often new anti-obesity treatments, popularised on TikTok, which are...
24 June 2024
2 months after launch, La Maison Convertible’s chatbot converts 15% of users
At the mind Retail Day conference, La Maison Convertible presented an initial assessment of a new AI-based chatbot launched in April 2024. The furniture retailer has succeeded in boosting the...
21 June 2024
[mind Retail Exclusive] Decathlon launches rental for business customers
Against the backdrop of a slowdown in the core B2C business, particularly in the digital space, Decathlon detailed a shift towards professional customers at mind Retail Day. Over the next 2 years...
By focusing e-commerce in stores, Target reduces inventory by US$2 billion
After experiencing inventory difficulties following the pandemic, Target reviewed its strategy, particularly its e-commerce roadmap. Here is a look at the operating results of the world's 5th...
Yoox-Net-A-Porter bids farewell to China under pressure from competitors
On June 14, Switzerland’s Richemont (2023 sales of €20.62 billion, up by 3.3%), owner of Cartier, Van Cleef & Arpels, etc., announced the closure of the Yoox Net A Porter (YNAP)...
Galeries Lafayette returns to 2019 sales levels
Galeries Lafayette celebrates a 130th anniversary this year. After returning to pre-Covid sales levels, the department store chain is forecasting revenue of €3.85 billion this year. Despite an...
17 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
US retailers divided over the rise of autonomous shopping agents
In the US, Gap, Walmart, Best Buy, Amazon and eBay are taking very different approaches to agentic commerce. While TV shopping giants QVC and HSN see these new intermediaries as an opportunity to...