Financing and expansion

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...

18 March 2025

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...

18 March 2025

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...

13 March 2025

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...

13 March 2025

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...

6 March 2025

In Germany, C&A closes the only European manufacturing site

The Dutch fashion brand C&A (13,000 stores in 17 countries) closed the 4,200 sq.m production plant in Mönchengladbach, Germany at the end of February 2025. Opened in 2021 for producing...

4 March 2025

For the first time since 2020, the number of French franchised stores fell in 2024

Closures in the fashion sector, lower performance for supermarkets and household equipment farnchised stores, which underperformed the market... In France, the number of franchises fell by 1.4% in...

4 March 2025

Profit and market valuation slashed in half: will Shein postpone I.P.O.?

Shein may delay a London Stock Exchange I.P.O., initially planned for April 2025, to the second half of the year. According to the Financial Times on February 23, growth in 2024 fell short of...

25 February 2025

Google embarks on international expansion with 2 stores in India

Google (Alphabet Inc: 2024 revenue of US$350 billion, up 15% at constant exchange rates, net margin ratio of 28.6%) plans to open first stores in India, according to Reuters on February, 20. The...

25 February 2025

Driven by new profit streams in 2024, Walmart puts the spotlight on e-commerce

Walmart maintained growth while generating higher profits from the core business. With online sales accounting for 18% of total revenue -a level equivalent to Target - e-commerce triggered...

25 February 2025

Following a strong 2024, Carrefour wants to spend €800 million for the Brazilian unit

On February 19, 2025, Carrefour published annual results: in 2024, total sales grew by 5.3% at constant rates to €87.27 billion excluding V.A.T., half as fast as in 2023. In France, revenue...

21 February 2025

Alibaba opens a first furniture showroom in Hong Kong

On February 22, 2025, Taobao (Alibaba Group) teamed up with Chinese home furnishings platform Papabo to open a first physical furniture store. Named PapaHome and located within the Tsim Sha Tsui...

21 February 2025

Driven by property development, Emaar boosted revenue by a third in 2024

On February 14, 2025, Dubai-based property developer Emaar Properties (owner of office assets such as the Burj Khalifa, shopping malls, luxury hotels, etc.) announced a 33% increase in turnover in...

21 February 2025

USA: Quiksilver, Roxy and Volcom operator shuts down 122 Stores

On February 7, Liberated Brands (2022 revenue : US$422 million, up by 21%, with no new figures since) began closing 122 stores across the U.S.A. following a bankruptcy filing on February, 2. The...

17 February 2025

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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

After-sales service: Prolong aims to become the OS of repair and adds 3 luxury brands

Signing of three high-end clients, launch of a maintenance passport, imminent Seed funding round and cloud migration project in China… At a 1-to-1 conference in Monaco, the Founder of Prolong...

12 March 2026

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

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

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Electronic labels: Hanshow accelerates breakthrough and signs with a leading British retailer

27 February 2026

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...

5 March 2026

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

Following a complaint from the FTC, Walmart agrees to pay US$100 million to Spark delivery drivers

On February 26, 2026, Walmart (2025 revenue: US$713.2 billion, up by 5.1% at constant rates) agreed to pay US$100 million in response to allegations of misleading compensation to delivery drivers...

4 March 2026

Agentic commerce : After Stripe, Mirakl partners with JPMorgan Payments

On March 10, 2026, Mirakl and JPMorgan Payments (JPMP) unveiled a partnership to deploy agentic commerce by combining the Mirakl Nexus agentic orchestration platform with the U.S. bank’s...

16 March 2026

Online authentification : Prelude expands a “message free” solution globally

A competitor to Twilio, Vonage and Plivo, the French startup Prelude, which has 75 retail clients, is actively deploying Prelude Zero, an authentication method that requires no message delivery...

13 March 2026