After Europe, La Rosée expands to Canada
French cosmetics brand La Rosée (2024 turnover: €85 million, up by 21% in a year), distributed in pharmacies, is continuing international expansion by exporting to Canada. On April 9...
Shein receives approval for its IPO on the London Stock Exchange
In the U.K., where Shein planned an I.P.O. on the London Stock Exchange in April 2025, the Singapore-based company finally received agreement from the U.K. Financial Conduct Authority according to...
2024 results: strategic acceleration for Decathlon, calculated caution for Intersport
The world's two largest sporting goods retailers, Decathlon and Intersport, recently presented annual results for the financial year ending December 31, 2024. In a context of managerial...
With 40% of online sales, Best Buy is banking on influence to reach a new level
In the U.S.A., with preparation for a marketplace by June 2025, Best Buy (2024 turnover US$41.5 billion, down by 4.4%) launched an affiliate programme for content creators on April 8. Not yet...
Asda and Currys invest in protection against theft and assault in the U.K.
In the U.K., thefts jumped by 25%, and assaults on staff by 50% in 2024. With the associated loss estimated at €4.8 billion per year for the sector, retailers are investing in more security. We...
Acquired for US$8.5 billion, Dollar Tree sells Family Dollar for US$1 billion
On March 26, the American discounter Dollar Tree (owner of the eponymous brand and Family Dollar) reported a turnover of US$30.83 billion in 2024 via 2900 stores, up 0.8%, but a net loss that...
Like Action, Miniso closes the 2024 financial year with a 23% increase in turnover
During the financial year ending at the end of December 2024, the Chinese company Miniso reported, on March 21, an unaudited turnover of US$2.33 billion (up by 22.8%, after an increase of 14% in...
India: Apna Mart raises US$25 million with its hybrid model
On March 24, Apna Mart, an Indian food retailer operating both in-store and 15-minute express delivery, raised US$25 million in Series B (capital and debt), according to the Registrar of...
Inditex ends 2024 with strong growth and 26% of online sales
On March 10, the global fashion giant Inditex (owner of Zara, Pull&Bear, Bershka, Massimo Dutti, etc.) revealed a annual turnover of €38.6 billion, 26.4% of which was online, for the...
U.S.A.: Forever 21 files for bankruptcy, with debts of US$1.58 billion
On March 17, 2025, Forever 21 (2021 turnover US$2 billion, last available financial data) filed for bankruptcy in a Delaware court. This includes 354 stores in the USA, the brand licence and U.S...
With a 9% increase in turnover, Mercadona has strengthened its margin in 2024
On March 13, Mercadona, Spain‘s largest grocery retailer (1,674 stores in Spain and Portugal, 110,000 employees) reported gross sales of €38.84 billion, up by 9%, after a 15% increase...
Lego ends the year up 13%, buoyed by a country with uncertain regulations
On March 11, the world’s largest toy retailer Lego reported sales of US$10.79 billion, up 12.8% (after a rise of 2% in 2023 and 16.9% in 2022). Net margin stood at US$2 billion. This is a...
South Korea : CJ Olive Young tests multilingual personal shoppers in-store
To appeal to an increasingly international clientele, Korean cosmetics giant CJ Olive Young (turnover 2024: US$3.5 billion, up 24%, net margin ratio at 10% of sales) is trialling multilingual...
13 March 2025
Printemps sets up in the U.S. against a backdrop of department store crisis
After beginning international expansion in 2022 in Doha (Qatar) with 40,000 sq.m, the Printemps group (21 department stores, confidential turnover) selected New York as the entry into the U.S.A...
Lowe’s and Home Depot are banking on AI to assist customers
In the U.S.A., n°1 and n°2 D.I.Y. retailers, Home Depot and Lowe’s, unveiled their AI assistant a day apart. Home Depot (2024 turnover a US$159.5 billion, up by 4.5% year-on-year via...
10 March 2025
Walmart leaves Japan by selling Seiyu for US$2.5 billion
On March 5, 2025, the American fund KKR and Walmart (turnover 2024 of US$681 billion, up by 5.6% at constant rates) announced the sale of the Japanese grocery retailer Seiyu, in which they hold...
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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
Faced with debt and declining sales, Fossil files for bankruptcy
Competition from Apple and Samsung in the smartwatch segment, collapsing sales, customs tariffs… Cornered with a debt of US$179 million, Fossil has filed several bankruptcy petitions in the U.S.A...
29 October 2025
2
Lululemon, Ralph Lauren, Gap and Levi’s enter peak season with high stock levels
Faced with rising customs tariffs affecting US imports, several retailers have built up significant inventories. Over a year, the stocks of Gap, Levi’s, Lululemon, Ralph Lauren and Academy Sports...
27 October 2025
3
France and Italy urge Shein to reassess a business model
While Shein continues to spark controversy through partnerships with Pimkie and BHV department stores (SGM), Italy announced plans to introduce a tax on Asian e-commerce platforms. In France, the...
13 October 2025
4
Cyberattack: Muji, Loft and Sogo & Seibu e-commerce sites down in Japan
Since October 19, Japanese logistics company Askul (2024 revenue: 3.3 billion dollars, up by 2% year-on-year) has been the victim of a cyberattack, preventing it from managing e-commerce orders...
5
Antoine Jouteau, Leboncoin : “We are launching our first warranty offer for multimedia products”
As Leboncoin prepares to celebrate a 20th anniversary in 2026, mind Retail interviewed Antoine Jouteau, the outgoing Chief Executive Officer. As Jacob Aqraou, Executive Chairman of the Board of...
6
TikTok Shop and Temu strengthen logistics networks by signing with Royal Mail and La Poste
To accelerate European markets, TikTok Shop and Temu signed agreements with the leading postal operators in France and the United Kingdom. Here is a look at these strategic partnerships.
20 October 2025