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[mind Retail Exclusive] American Adore Me wants to digitalise wholesale business
At NRF 2024 mind Retail learned that U.S. lingerie online retailer Adore Me (part of Victoria's Secret) is moving away from a purely digital and DTC approach. To gain traction in the wholesale...
Picnic raises €355 million from historical shareholders
As finance opportunities in the tech sector remains under pressure, Picnic has again demonstrated solid strength to investors. On January 9, the pure-player raised €355 million, in which all...
[NRF 2024] Consumer service, in-store cloud service…Google launches 5 generative AI features for retail
Ahead of the NRF, Google Cloud announced the launch of generative AI solutions. We selected 4 of them. Dedicated to consumer services, “Customer Service Modernization” can design...
11 January 2024
How Decathlon and Mango continued business in Russia
According to an investigation by Disclose media based on internal documents, Decathlon supplied ARM, the Russian buyer of its stores (now active under the Desport brand) for more than one year...
One year before the expected roll-out of “Yes Ad”, what are the best promotional strategies?
With almost 18 months of experimentation of “Yes Ad” and a national launch expected in 2025, retailers have reviewed promotional and marketing plans over the past year. mind Retail interviewed...
Franchising: Why McDonald’s faces boycott in Malaysia
In Malaysia, McDonald’s is caught up in the consequences of the war between Israel and Gaza. On 5 January 2023, the company’s Malaysian franchisee took a local pro-Palestinian group...
10 January 2024
Supply-chain : container prices jump 250% between Asia and Europe
Will 2024 be the year of a new logistics crisis for retail, as suffered in 2021? According to the Drewry World Container Index, the Asia-Europe rate for a 40-foot sea container has jumped from...
10 January 2024
Sports : Valuations of Li Ning and Anta plummet by US$25 billion
As consumer spending slows in China, retailers are reviewing strategies. During the Q3 2023 financial results, Adidas noted a plan to offer cheaper shoes to Chinese consumers. “If we want to...
9 January 2024
China’s beauty market plummets in November, joining the D.I.Y. market
After a 1st half-year up by 4.8%, the Chinese cosmetics market continued to show signs of weakness in H2 : -4.1% in July, +9.7% in August, +1.6% in September, +1.1% in October and -3.5% in...
9 January 2024
Daniel Kretinsky has Brussels’ green light for the takeover of Casino
From the beginning of March, the consortium led by the Czech businessman will take over what remains of the Casino Group. A business that has been halved since the sale of Latin America. The...
9 January 2024
Supply chain: Blue Yonder launches generative AI functionality
As generative AI use cases have been mushrooming in the retail sector, US supply-chain management software publisher Blue Yonder (formerly JDA, with customers including Asda, Walmart and PVH)...
9 January 2024
Amazon and Macy’s tighten returns policies
In the U.S.A. initiatives aimed at preserving e-commerce margins were stepped up over the holiday season. At Amazon, which already charges US$1 per return via UPS, the free delivery window has...
9 January 2024
Online retailer Zulily enters liquidation agreement
The liquidation of the pure-player Zulily (children’s fashion, home decoration, 2022 sales of US$ 906 million) in favour of creditors directly implicates Amazon, via a legal action. This...
9 January 2024
Descrozailles Law: EuroCommerce asks Brussels to take action against France
In mid-December, EuroCommerce, the supermarket and wholesaler lobby, lodged a formal appeal with the European Commission against the Descrozaille (or Egalim 3) law, passed by the French Parliament...
3 January 2024
[mind Retail Exclusive] Socloz made redundancies at the end of the year 2023
According to our information, Socloz carried out a redundancy program in the fourth quarter 2023, affecting almost 1 in 5 staff. This was in response to a difficult market environment...
[mind Retail Exclusive] Auchan tests Hanshow’s Lumina displays in 6 hypermarkets
To boost the display and performances of a fruit and vegetable aisle, Auchan Retail is testing new IoT functionalities with electronic label supplier Hanshow. Samir Amellal, Chief Information...
2 January 2024
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