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Online “off-price” sales reached €17 billion in 2021
The digitalisation of the outlet sector continues. According to a McKinsey study, the online market of off-price retail soared since 2020. It should grow 5 times faster than standard retail...
15 April 2022
Mangopay is now American
Advent International acquired Mangopay, a payment solution for marketplaces,without revealing the investment. As a previous owner, Credit Mutuel Arkea is reinvesting in Mangopay as a minority...
15 April 2022
Singapore. Poor results for retail in February
In February 2022, Singapore’s retail sector (excluding car sales) declined by 1.8%. In January, its sales increased by 16.1% year-on-year.
7 April 2022
Inflation: How to optimise prices with data?
Rising costs of raw materials, energy and transport are shaking up the value chain of retailers. With their specificities, the challenge is to maintain a triple logic of attractive offers...
7 April 2022
Picnic wins €1 billion sales and automating with TGW
Dutch pure-player Picnic (selling in Germany and in France) has more than doubled sales from €470 million to €1 billion in 2021. “The model is profitable,” Grégoire...
7 April 2022
Casino and Lulu Group review their strategy in the Middle East
The grocery retail market is evolving in the United Arab Emirates. At the beginning of April 2022, the Casino Group‘s business (total sales of €30.5 billion in 2021, down by 0.8% on a...
7 April 2022
Fashion. Brussels wants a greenwashing blacklist
While Shein has just launched the #sheinact, a challenge to sort out one’s wardrobes through a Tik Tok challenge and a physical barter system, Brussels wants to establish a...
6 April 2022
Retailers face the inflation challenge for raw materials and energy
In March, inflation broke records in Europe. From Truffaut (owned by Louis Delhaize) to organic supermarkets, retailers are responding to the rise in costs in different ways, including increasing...
6 April 2022
Urban and omnichannel : Ikea’s priorities for Thailand and Singapore
Continuing a strategy of focusing on city centres, Ikea will open a store in Thailand, in the Emsphere shopping centre, currently under construction (owner The Mall Group). Located on Sukhumvit...
Fashion. Shein valued at US$ 100 billion
On April 5, 2022, the Chinese pure-player Shein raised up to US$2 billion from existing shareholders of Tiger Global Management and Sequoia Capital China, and also General Atlantic as a new...
5 April 2022
Americans increasingly adopt “click & collect” services
According to Mercatus Grocery Shopping, in the U.S.A., online grocery sales reached a 13% market share in 2021, compared with 11% in 2020.
5 April 2022
H&M’s international operations in China and Russia under review
Losing momentum in two major markets, the Swedish fashion retailer Hennes & Mauritz (turnover of €4.7 billion in Q1 2022, up by 18% year-on-year) has decided to close 240 stores.
4 April 2022
Etam launches into the USA with Nordstrom
According to Women’s Wear Daily, lingerie retailer Etam is making a U.S.A. debut. On 4th April 2022, the company opened 10 “corners” in 10 Nordstrom stores as well as on the...
4 April 2022
Walgreens Boots Alliance launches 22 robotic warehouses
The U.S. drugstores giant Walgreens Boots Alliance (sales of US$33.8 billion in Q2 2022, up by 3% year-on-year) announced on 30th March investment for 22 new robotic micro-centres in the United...
4 April 2022
Kering pays €187 million to Italian tax authorities
The Kering Group (55% of business from Gucci) is to pay €187 million to Italian tax authorities to settle litigation concerning Bottega Veneta.
4 April 2022
Macy’s gives up on a spin-off for e-commerce
As another decision that supports omnichannel, at the end of February 2022, Macy’s department stores (total turnover of US$24.4 billion in 2021, i.e., as much as in 2019, including 35% of...
4 April 2022
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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
Hugues Chanoine (Hygie31 Digital): “The next step is to eliminate filters to move to 100% conversational search”
The Hygie31 retail group, known for the Lafayette Pharmacies, is continuing to transform its websites, driven by Cocooncenter. Thanks to an AI strategy and a fully redesigned IT architecture, it...
2
ChatGPT: Bureau Vallée’s recipe to capture back-to-school spending
By launching a conversational chatbot with Algolia and a new module converting school lists into e-commerce carts this summer, Bureau Vallée aims to ease the chore of back-to-school supply list...
3
Walmart finally accepts in-store payments with Apple Pay and Google Pay
Sanctioned by financial markets after a sharp US slowdown in Q2, Walmart is reviewing a checkout strategy. Abandoning a rejection of technological giants, the group is rolling out Apple Pay and...
24 August 2026
4
Why Shein emits twice as much CO2 as Inditex for equivalent revenue
On the occasion of an IPO, Shein revealed a carbon footprint of 25.5 million tonnes of carbon dioxide in 2025, up by 20% compared to a reference year. For an equivalent sales level, the fast...
5
Lidl’s owner continues cloud services offensive
With €2.2 billion in cloud revenue and growth 3 times faster than the rest of the business, Schwarz Group continues a technological shift. Between investments in its own data centres, buyouts in...
1 September 2026