All articles

Adeo measures omnichannel performance of e-retail media campaigns
Omnichannel performance measurement, in-store advertising activation... After launching its Web advertising activity a year ago, Adeo DIY retailer is moving towards an omnichannel model. At the...
Ikea launches a recruitment campaign for a new store on Roblox
On June 24, Ikea launched a first metaverse store in the UK. Recruited between June 14 and 18, the 10 store advisors on Roblox (“The Co-Worker Game”, developed by Swedish gaming...
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
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Most viewed articles of the month on mind Retail
What readers clicked on the most last month.
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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...