After Smallable and Wethenew, L’Exception goes under the Hong-Kong flag
Faced with the fragility of the fashion industry, Hong-Kong based fund AA Investments is continuing to acquire assets in difficulty. A latest acquisition is the online concept store L'Exception.
9 January 2025
After 5 years, Alibaba sells off Sun Art supermarkets and loses €1.9 billion
Alibaba Group is continuing a withdrawal from physical retail. After Intime department stores, the giant is selling control of Sun Art supermarkets to Chinese private equity firm DCP Capital for...
9 January 2025
Following the collapse of Big Lots, specialist retail concentrates in the U.S.
In a sluggish U.S. property market, discount furniture retailer Big Lots found a partial buyer. Variety Wholesalers is to take up to 400 stores.
7 January 2025
Following an aborted merger, Albertsons claims US$6 billion from Kroger
The mega-merger between Kroger, the 3rd largest food retailer in the U.S.A. and Albertsons, the 6th largest, , will not go ahead. On December 10, the Federal Trade Commission (FTC) ruled that a...
Alibaba sells Intime department stores and loses US$1.3 billion
On December 16, Alibaba Group (Q3 2024 sales: US$33.7 billion, up 5%) announced the sale of the department store subsidiary Intime, acquired in 2017 for US$2.6 billion. Once approval has been...
The major retail and e-commerce trends of 2025
In a context of sluggish consumption, budgetary and geopolitical uncertainties (U.S.A., Middle East, Ukraine), concentration and financing tensions, retailers are prioritising efficient and...
19 December 2024
Asda obtains a US$196-million loan to postpone debt maturities
Following a US$4 billion refinancing in May 2024, the UK’s third-largest grocery retailer Asda (2023 sales of US$ 27.2 billion+ 7,1 % in a year) obtained a US$196 million loan on December 4...
With 16 new contracts signed in Q3, Shopify continues to focus on key accounts
Off-White, Victoria's Secret, Reebok... long associated with VSEs, Shopify intends to compete with Salesforce, Oracle, Adobe and SAP by setting its sights on major accounts.
4 December 2024
Delivery platforms: After Swiggy, India’s Zomato raises US$1 billion
With the Indian market of express delivery set to reach US$6 billion in 2024, the number of IPOs and capital raisings by delivery platforms is increasing. Following Swiggy and Zepto, Zomato...
3 December 2024
Kohl’s sales plunge 8.8% in Q3, penalised by insufficient private label inventory
American chain Kohl’s (2023 sales 16.6 billion dollars , down by 3.4%, 1,100 stores in 49 states) is going through a difficult period. Quarterly sales to November 2 fell by 8.8%...
Delivery Hero prepares Talabat’s I.P.O. for Dubai Stock Exchange
German delivery giant Delivery Hero (GMV of US$51.2 billion in 2023, up by 5.7% in 70 countries) is aiming for US$1.5 billion when Talabat, the very dynamic subsidiary in the Middle East, is...
After a US$1.5 billion disposal, Advance Auto Parts closes 15% of its stores
In the U.S.A., Advance Auto Parts (AAP, 69,000 employees at the end of 2023), the American auto parts specialist, announced a closure of 727 stores (523 Advance Auto Parts, 204 Carquest) and 4...
With sales up 21% in nine months, Action focuses on Southern Europe
In the first 9 months of 2024, Action recorded 10% like-for-like growth, driven by a larger customer base. It is targeting 350 store openings in 2024.
18 November 2024
Faced with inflation and the housing crisis, Ikea sales fall for the first time in 5 years
While the restriction of purchasing power for the working classes continues unabated, even shaking up the political landscape, Ikea's sales fell by 4% in value and remained sluggish in volume in...
USA: CVS makes further redundancies and plans to split retail and health insurance businesses
According to CNBC, drugstore retailer CVS Health (sales of US$357.8 billion in 2023, up 10.9%, net margin at 2.3% of sales) has hired consultants to carry out a strategic review of the business...
In 2024, Costco maintains growth and raises net margin to 2.9% of turnover
On September 26, 2024, Costco, the world’s 2nd largest food retailer by sales, published results for the financial year ending August 2024. Continuing the growth momentum of 2023, the...
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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
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
2
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
3
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...
4
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
5
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
6
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...