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Gucci appoints a Chief Metaverse Officer
Gucci (519 stores at the end of June 2022, half-yearly turnover of €5.17 billion, up 8% on a comparable basis) is expanding into the metaverse. The nugget of the Kering group, owned by the...
24 October 2022
Cathy Collart Geiger, C.E.O. of Picard
Exclusive interview with Cathy Collart Geiger, Picard's C.E.O. as a guest at the last FrenchFounders meeting in Paris, of which mind Retail is a partner. She explains her ambitions for the group's...
24 October 2022
Kroger-Albertsons: US$24.6 billion merger to create a customer data giant
In the U.S.A., the food retailer Kroger announced the purchase of competitor Albertsons on 14th October 2022. While this deal looks defensive in the short term, it is also offensive in the long...
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Dear Subscriber,…We are upgrading the mind Retail services. From Monday, October 24th, you will find analysis, news and a new section called:…– Data for all our sources...
24 October 2022
USA. TikTok builds warehouses to boots its e-commerce business
…While the app abandoned the rollout of TikTok Shop in Europe, TikTok seems to be looking to expand its e-commerce operations in the U.S. Job postings in recent weeks reportedly indicate...
Maisons du Monde invents a new sales app to boost omnichannel sales
Exclusively for mind Retail, the home equipment chain Maisons du Monde presents a new sales app, to be launched in January 2023. From payment with Paypal in store to redefinition of a clients'...
20 October 2022
Walgreens to take 100% ownership of CareCentrix for US$392 million
…Walgreens Boots Alliance (sales of US$133 billion in 2021, up by 7.5% at constant rates) announced on 11th October an acquisition of CareCentrix for US$392 million. This home healthcare...
20 October 2022
Ikea: store sales rebounded by 13% in 2022
…Ingka Group, the main franchisee of the Inter-Ikea Group managing the bulk of the group’s stores, shopping centres and e-commerce operations, published annual results on 13th October...
John Lewis goes into clothing rental with HURR
…Since 3 October 2022, John Lewis (turnover of €2.5 billion in the first half of the year to the end of July 2022, 59% of which are online sales) have been offering rental of...
Quick commerce: Lego partners with Foodpanda
…On 23 September, Foodpanda announced a partnership with Lego (2021 sales of US$8.06 billion, up by 27% vs 2020), marking the toy brand’s entry into the quick commerce market.
“Many CEOs don’t dare to say it, but the priorities are cash and initiatives to preserve the margin”
Inflation in Europe and the U.S.A. is holding back non-essential household purchases, energy prices are soaring, and costs are rising for retailers. Clément Genelot, retail analyst, and Cédric...
17 October 2022
Makro Belgium to be sold by the slice, a symbol of the end of the big supermarkets
The 17 Belgian stores of Metro and Makro are for sale. Whilst takeover candidates are emerging for the D.I.Y. and wholesale food sectors, the fashion side of Makro is more difficult.
14 October 2022
Sephora returns to the UK, in digital first
…In 2005, Sephora closed all 9 U.K. stores, blaming soaring rents and costs. On 17 October 2022, it will launch a U.K. e-commerce site “Sephora.co.uk”.  After buying...
Bricoman : just launched, payment by bank transfer takes off in stores
…On 24 August 2022, the D.I.Y. chain Bricoman dedicated to trade and professional customers (38 stores in France, €730 million turnover in 2021) decided to add payment by bank transfer...
Tesco cuts 325 jobs at headquarters under margin pressure
…In order to save €572.55 million this year, Tesco announced on 5 October a set of more than 300 redundancies at head office and regional teams. The group is following in the...
13 October 2022
Retail Media: Galeries Lafayette and Rakuten leverage their data
…If Galeries Lafayette was already thinking about monetising customer data in May 2022, it is now a done deal. At the end of September, the group internally developed internally a retail...
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Electronic labels: Hanshow accelerates breakthrough and signs with a leading British retailer
While the leader in electronic labels, Vusion exceeded €1.47 billion in revenue in 2025, rival Hanshow is stepping up a global offensive, winning a strategic account in the U.K. and a new POC for...
27 February 2026
2
Conflicts in the Middle East: what impact on the supply chain and European retail?
With US and Israeli strikes on Iran triggering a major crisis on February 28, 2026, retailers already have to face the closure of strategic trade routes, rising freight costs and import...
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BNPL: Between healthcare and retail, Scalapay accelerates a P.O.S. offensive with two major signings
Building on a strong foothold in fashion, Scalapay is strengthening in-store penetration targeting players in the healthcare sector. According to our information, the Italian BNPL unicorn has...
25 February 2026
4
Regulatory: With 200,000 Digital Product Passports issued, Darty scales up
While the European Commission is set to vote on delegated acts to specify requirements for home appliances, Darty is accelerating a Digital Product Passport (DPP) push by integrating new products...
11 March 2026
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Profound raises US$96 million in Series C funding, becoming a first GEO unicorn
Founded in 2024 in New York by James Cadwallader, GEO startup Profound raised US$96 million on February 24, 2026, in a Series C round led by Lightspeed Venture Partners, including Sequoia Capital...
25 February 2026
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Aroma-Zone and Najar reveal the behind-the-scenes of a strategic partnership
As the adoption of AI results in increasing cost volatility for companies, mind Retail spoke in Monaco with Christelle Glaszer, Manager of Indirect Purchases at Aroma-Zone natural beauty retailer...
13 March 2026