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In Dubai, the marketplace Noon is banking on external growth to counter Amazon
In the U.A.E., the marketplace Noon (also selling in Saudi Arabia and Egypt) has finalised the acquisition of the fashion pure-player Namshi (2021 turnover of US$491.6 million) with immediate...
28 March 2023
Couche-Tard consolidates in Europe via a US$3.3 billion buyout
Taking advantage of TotalEnergies' withdrawal from petrol stations, the Canadian company Couche-Tard is filling the space and expanding operations in Germany, the Netherlands, Belgium and...
Why South Korea has become a springboard for LVMH and Gucci
With luxury purchases of US$325 per capita in 2022, South Koreans are the now the world's largest customers for high-end goods. Whilst luxury sales could fall in the U.S.A. in 2023 due to tensions...
24 March 2023
Fashion : Amiri continues expansion in Dubai and poaches a Burberry executive
Luxury fashion retailer Amiri opened a first store in the U.A.E. in December 2022, which covers 330 sq.m of sales area in the Dubai Mall. It is also the third international store. Its partner in...
24 March 2023
Buy Box, end of wholesale: How to prepare for Amazon’s new distribution strategy
In early March 2023, Amazon announced that it would stop sourcing from wholesalers. At the end of December 2022, the business had agreed to review the "Buy Box" mechanism, a key engine for sales...
24 March 2023
Scotch & Soda local bankruptcy in the Netherlands
On 20 March, Scotch & Soda (274 independent stores and 119 corners) filed for bankruptcy in the Netherlands and the C.E.O. Frederick Lukoff left his post. This, despite “record...
24 March 2023
Fabien Versavau, Rakuten: “With Carrefour, the synergies in terms of retail media are obvious”
Following the announcement of the imminent opening of a Carrefour digital shop on the Rakuten marketplace, Mind Retail met Fabien Versavau, MD of Rakuten France and Executive Officer Rakuten...
22 March 2023
Why Carrefour is outsourcing non-food e-commerce to Rakuten
On 14 March, during the 1-to-1 conference in Monaco, Carrefour (2022 sales of €90.8 billion, up by 8.4% organic excluding petrol) announced the opening of a digital store on the Rakuten...
Eduardo Velasco, L Catterton: “Consumers do not believe in ESG transformations”
Eduardo Velasco, Partner at the investment fund L Catterton co-founded by LVMH and Bernard Arnault (US$ 33 billion in assets under management in F&B, fashion, etc.) was a guest at the latest...
22 March 2023
Financial results. Inditex widens the gap with H&M and Fast Retailing in 2022
In 2022, the world's largest fashion Inditex retailer posted a profit of €4 billion, up by 27% on 2021. A net result that places the group above fast-fashion competitors.
BNPL: Dedicated to high baskets, Younited Pay expands in Spain
Already present in France and Italy, Younited Pay announced on 9 March that it is expanding into Spain. This BNPL solution for retailers only offers financing from 10 times, for baskets ranging...
17 March 2023
Tech in-store: guided tour of the Decathlon Lab for South East Asia
mind Retail invites you, in video and photos, behind the scenes of the Decathlon Lab located in Kallang (Singapore). In this 5,000 sq.m store, the company has opted for a rational technological...
With 19% of online sales, Target reinvests US$100 million in e-commerce logistics
The supermarket chain has announced that it is investing US$100 million in its e-commerce logistics to build six new order preparation centres by 2026. With this investment, Target is capitalising...
Confidential. Mistigriff signs for Cegid Retail Store Excellence
According to a Cegid spokesperson at the 1-to1 briefing in Monaco, Cegid is taking further steps with Mistigriff, a retailer specialising in the clearance of fashion brands, already operating 35...
16 March 2023
Maisons du Monde: partnering with Alma, the use of credit tripled in 12 months
Six months after launching payment in four installments without charge on its website and in store with Alma, Maisons du Monde presented its results at the end of December 2022 at the 1-to-1...
16 March 2023
CSR. Ikea adopts bio-based glue to reduce its carbon footprint
Ikea's new CSR commitment? A corn-based glue. While the group has been using a fossil-based glue responsible for 5% of its overall carbon footprint for 60 years, it has announced that it will...
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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
NRF Europe: 2026 edition records fall in exhibitors and attendance
Between a decline in exhibitor numbers, visitors number and high costs, the outcome of NRF Europe 2026 proves mixed. For its part, the American National Retail Federation, owner of the trade show...
18 September 2026
2
Seizure of Auchan Retail’s assets in Russia penalises a risky gamble
Via a presidential decree on September 17, Vladimir Putin placed the Russian subsidiaries of Auchan, Leroy Merlin (now Lemana Pro), Nestlé and logistics provider FM Logistic under temporary...
21 September 2026