Merger with Albertsons: Kroger raises a bid by US$1 billion
Announced in October 2022, the US$25 billion (including debt) mega-merger between Kroger and Albertsons was temporarily suspended on July, 25 2024. This decision comes after the publication of the...
19 August 2024
[Amazon Results] Despite solid profitability in Q2, Amazon’s higher investments and U.S.A. pre-election worries unsettle financial markets
Despite fierce competition from Temu and Shein, Amazon reported a solid margin in Q2, driven by the acceleration of AWS and the digital marketplace. Whereas staff lay-off plans have been put on...
2 August 2024
Manufactures Dior under court administration for ‘exploitation’ of workers
In Italy, on June 10, the Milan court declared Manufactures Dior ‘incapable of preventing and controlling’ the exploitation of workers in sub-contracting. The Italian subsidiary was...
2 August 2024
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...
French government is expected to confirm laws for “fast fashion” and eco-score
In France, following adoption of a fast fashion law by the Parliament in mid-March, the government is under pressure to deliver. Definitions are needed for company thresholds alongside terms and...
Christel Delberghe, DG Eurocommerce: “With CSRD and sustainability due digilence, we are moving towards discriminatory regimes that disadvantages those who do things well”
Christel Delberghe, Managing Director of Eurocommerce, considers regulatory changes in the retail sector in 2024. These include Egalim 3 law and eco-score in fashion in France, but also at a...
23 February 2024
The Digital Service Act extends authority to all marketplaces
From February 17, 2024, the DSA (Digital Service Act) extended authority to all e-commerce sites operating in the European Union, whatever their size. Amongst measures is an obligation to appoint...
Sports : Valuations of Li Ning and Anta plummet by US$25 billion
As consumer spending slows in China, retailers are reviewing strategies. During the Q3 2023 financial results, Adidas noted a plan to offer cheaper shoes to Chinese consumers. “If we want to...
9 January 2024
DSA: Brussels orders AliExpress to clarify anti-counterfeiting actions
On November 6th, the European Parliament ordered AliExpress (unique visitors per month : 12.88 million in France, according to Mediametrie) to provide information on anti-counterfeiting measures...
7 November 2023
Children’s data: TikTok fined US$ 367 million in Ireland
While the European DSA is forcing the platform to be more transparent and protect privacy, the Irish regulator has just punished TikTok for misuse of children's data.
26 September 2023
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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
US retailers divided over the rise of autonomous shopping agents
In the US, Gap, Walmart, Best Buy, Amazon and eBay are taking very different approaches to agentic commerce. While TV shopping giants QVC and HSN see these new intermediaries as an opportunity to...