All articles

17 consumer associations take Temu to task for non-compliance with the DSA
Six months after AliExpress was ordered by Brussels to clarify business practices, Temu (a subsidiary of PDD Holdings) is now accused of violating the DSA. On May 16, 17 European consumer...
[mind Retail Exclusive] DOOH: In-Store Media to launch a new display banner for stores
The point-of-sale advertising specialist In-Store Media is working on a new format for in-store advertising. Aimed at supermarkets as well as D.I.Y. and beauty stores, it is designed to increase...
With generative AI, Google turns the search engine upside down
On May 14, Google unveiled its new search engine powered by Gemini generative AI. After having tested the display of natural language answers in SGE since May 2023, Google is now extending this...
16 May 2024
[mind Retail Exclusive] 3 years after its first financing round, Sensei prepares a Series A
Autonomous store technology specialist Sensei, created in the wake of Amazon Go, is about to announce a Series A funding round (a round involving an investment fund, Editor’s note) mind...
China and India don’t have enough luxury, says Savills
According to a Savills report published on May 15, luxury store openings worldwide fell by 13% in 2023. 41% took place in China, where the number of new luxury stores nevertheless fell by 12%...
16 May 2024
Is VF Corp about to sell Supreme high-end brand?
Less than 4 years after a US$2.1 billion takeover by VF Corp, luxury fashion brand Supreme could once again be under new ownership. Two months after opening in China with a 1st store, Supreme...
15 May 2024
Facing theft issues, Target, Walmart and Dollar General reduce access to self-checkout
In the U.S.A., retailers are reviewing their self-checkout practices. Here's a look at the measures recently introduced by Target, Walmart, Dollar General and Five Below to counter the problem of...
15 May 2024
Following Microsoft, Amazon invests US$9 billion in Singapore
On May 7, 2024, Amazon announced a major investment into AWS. Following Microsoft, which last week unveiled a US$4 billion investment in cloud computing and AI infrastructures in Malaysia and...
Walmart invests massively in private label offering
After announcing the closure of the health center business, Walmart is investing in a major overhaul of private labels. It aims to enhance loyalty of high-income households, in order to compensate...
7 May 2024
Wayfair bets on omnichannel with a first U.S. flagship
Despite an 8.4% decline of the U.S. furniture market in 2023, Wayfair‘s annual sales remained stable in the U.S. domestic market, growing by 0.2% to US$10.4 billion. The DNVB, whose market...
[Case study] With Hanshow, Leroy Merlin cuts picking time by 17% for 2-hour pick-up
On February 28, at EuroCIS, Leroy Merlin and Hanshow received the Reta Awards 2024 for best in-store retail solution and best supplier respectively. mind Retail reports on the deployment of...
In Europe, fractional payments are becoming the norm
The context44% of Europeans use BNPL (Buy Now Pay Later) at least from time to time, according to a study carried out by Kantar for Floa in December 2023 in France, Germany, Italy, Portugal...
2 May 2024
Thanks to the push of lockers, Vinted turned profitable in 2023
For the first time in 15 years, Lithuanian second-hand platform Vinted became profitable in 2023. This is due to the spread of the Vinted Go lockers, whose footprint soared by 230% in 6 months in...
30 April 2024
[Inflation barometer] Eurozone: FMCG prices rose in 2023 and remain 2 times higher than in the USA
The year 2023 was a brutal one for the retail sector, with consumers having no choice but to consume differently. In the USA, and even more so in Europe, inflation remained high, prompting...
LVMH fund takes control of Kiko Milano
L-Catterton Management (US$35 billion in assets under management, including A.P.C., Ganni, Birkenstock…) announced on April 26, 2024, that it was taking a majority stake in Kiko Milano...
How Ingka increased staff retention by 5 points in 16 months
In 2023, according to OC&C, staff turnover reached 56% for specialty retailers and 69% in food, with significant differences between store types and age groups. But at Ingka Group, HR team...
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Advantail signs with Formality to streamline commercial lease management
Amid an ownership shake-up following its acquisition by Evoriel, shopping centre operator Advantail has signed with Formality to digitise the management of commercial leases and contracts across...