Financing and expansion

On January 30, the Swedish company H&M reported sales of US$22.32 billion in 2024 (fiscal year to the end of November 2024), down 0.7%. After a rise of 5.6% in 2023 and 12.4% in 2022, this is...

13 February 2025

[Amazon results] Amazon maintained growth and doubled margin in 2024

Driven by e-commerce, the marketplace, the cloud and advertising - four entities that have each generated more than US$10 billion in incremental revenue - Amazon ended 2024 with solid fundamentals...

11 February 2025

Shein returns to India with Reliance Retail

Blocked since 2020 in India, Shein is back to compete with Myntra (Flipkart) and Zudio (Tata). The group signed a licensing agreement with Reliance Retail Ventures (RRVL), a subsidiary of the...

11 February 2025

Franchise : Ulta Beauty enters the Middle East with Alshaya

After announcing a first international expansion into Mexico in March 2024, the U.S. retailer Ulta Beauty (2023 turnover of US$11.2 billion, up 5.7%, after 15.6% in 2022 and 37.9% in 2021)...

11 February 2025

After Macy’s, Kohl’s closes 27 stores and cuts 10% of its workforce

In the USA, while Macy’s is closing 66 stores and laying off 3.5% of staff (2,350 jobs), department store chain Kohl’s (1,100 stores in Q3) has announced the closure of 27 stores by...

7 February 2025

Cash & carry: Metro AG to delist from the Stock Exchange

After posting sales of €8.6 billion in the quarter to December 2024 (-1.5% in total), German Metro AG (623 stores in 35 countries) announced its withdrawal from the Frankfurt Stock Exchange...

7 February 2025

Maisons du Monde sales plummet for 3rd year running

In a French furniture market down by 5.1% to €13.8 billion in 2024 (IPEA), Maisons du Monde (338 stores at the end of 2024) reported annual sales of €1.002 billion on February 4, down...

6 February 2025

La Foir’fouille chooses Duval for franchise African expansion

On January 31, discount chain La Foir’fouille (steady 2023 sales at €815 million, target of €830 million for 2024) announced an African expansion via a master franchise agreement...

5 February 2025

Action ends 2024 with sales up 22%

Dutch retailer Action (shareholder 3i) ended 2024 with sales of €13.8 billion, up 21.7% overall and 10.3% on a like-for-like basis. It has 2,918 stores in 12 European countries, including 29%...

4 February 2025

Faced with the downturn in Asia, Kering’s sales fell by 12% and LVMH by 2%

For LVMH and Kering, the world's n°1 and n°3 luxury retailers, Asia, which had long been a growth driver, has weighed down annual results in 2024. Meanwhile, the 25% tariffs announced on February...

30 January 2025

Auchan Russia is counting on sanctions being lifted to continue trading

Auchan Retail (2023 sales €32.26 billion, down 2% in a year, via 2,354 stores in 12 countries) has ended discussions with Gazprombank concerning the sale of 232 Russian stores, according to...

30 January 2025

Malaysian discounter Eco-Shop wants to raise US$200 million for an IPO

On January 20, 2025, preparing for I.P.O. on the Malaysian Stock Exchange by June 2025, Malaysia’s largest discount retailer by sales Eco-Shop (annual revenue of US$510 million to the end of...

22 January 2025

Ingka aims to inject €700 million into recycling over the next 5 years

On January 15, Ingka Group (2024 sales: €41.8 billion, down 5.6% year-on-year) announced an investment of €1 billion in recycling infrastructures. The budget allocated to the Circular...

17 January 2025

Ahold Delhaize consolidates, with two acquisitions in Belgium and Romania

In Europe, Ahold Delhaize is starting 2025 with a phase of consolidation. In Belgium and Romania, the business is to add 2,000 stores through acquisitions of Delfood and Profi.

17 January 2025

Gifi is entitled to a second chance, but Founder is not

On January 14 2025, the Founder of Gifi (sales of €1.3 billion in the fiscal year of 15 months to December 2023, 700 stores, 17 countries) obtained an agreement from creditors. According to...

16 January 2025

Wayfair leaves Germany and makes 750 employees redundant

After laying off 1,650 staff in January 2024, the American furniture DNVB Wayfair (9M 2024 sales: US$8.73 billion, down 1.8%) announced on January 10, a plan to make 750 staff redundant (3% of the...

13 January 2025

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Marketplaces: Stockly enters Switzerland with MediaMarkt, Decathlon, Galaxus and Manor

After a loss-making but high-growth year in 2025, the stock-pooling start-up for marketplaces signed agreements with 4 Swiss retailers, mind Retail learned. By taking on one of Europe’s most...

30 January 2026

Save launches an e-commerce site to support a shift towards sales

Having just reached break-even, the French subsidiary of refurbished specialist Save intends to go beyond an historical model of repair to develop sales of accessories and refurbished products...

23 January 2026

Shoptimus AI scales up in grocery smart shopping lists and prepares for a new funding round

After securing a strategic partnership with Spanish grocer Bon Preu, retail tech firm Shoptimus AI—first spotted by Carrefour—is accelerating a rollout. By leveraging AI agents to automate grocery...

11 January 2026

Agentic AI: Hymalaia attracts retailers and announces imminent fundraising

According to our sources, the young start-up Hymalaia is continuing development in retail with 4 new retailers currently in POC and an imminent fundraising. We examine the details.

16 December 2025

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Shoptimus AI scales up in grocery smart shopping lists and prepares for a new funding round

11 January 2026

With Walmart, Ulta Beauty, Zalando and Carrefour, Google launches an agentic commerce protocol

Following the launch of payments in Copilot, Google is preparing to join OpenAI and Microsoft, but with a more integrated version focused on its own payment method, Google Pay. These moves...

13 January 2026

Circana: French e-commerce ended 2025 with strong growth, hypermarkets continue to decline

After four years of decline, volumes of fast-moving consumer goods (FMCG) rose again in 2025 in France and Europe, although they did not compensate for four years of losses. The rebound was...

15 January 2026

2026 Trends – Chatbots, WhatsApp, social networks: don’t miss out on conversation

(Trends 2/6) After a cautious observation phase by retailers and some high-profile hallucination issues, 2025 was a turning point operationally for chatbots and conversational tools. Positioned...

13 January 2026

Black Friday: Amazon’s AI assistant Rufus featured in 38% of sessions in the US

While peak season sales, revealed at the NRF Big Show, rose by 4.1% in the US from November 1 to December 31, 2025, Rufus, Amazon’s conversational chatbot, confirmed its traction. During the...

15 January 2026

2026 Trends – How far should retailers open the door to AI Search engines ?

(Trends 1/6) With data visibility, recommendations, transactions on ChatGPT, Gemini and Perplexity, LLMs are establishing themselves as new entry points for e-commerce. As search, comparison and...

8 January 2026