data [Food Retail Barometer 2024] The financial health of the world’s 10 largest food retailers in 7 charts Now in a fourth edition, our annual barometer presents the financial performance of the world's 10 largest food retailers from 2017 to 2024: Walmart, Costco, Kroger, Seven & I, Target, Ahold-Delhaize, Carrefour, Albertsons, Tesco and Aeon. With the exception of 3 players, most retailers failed to save their margins last year. In terms of e-commerce, all retailers made progress, with some even breaking through the 18% sales share glass ceiling.
Interview Through the VC lens Guillaume Echaudemaison: “Seventure is investing in a retail tech company that personalises customer relations on a large scale” Europe Interviews Guillaume Echaudemaison is a Senior Investment Manager in the Digital team at venture capital firm Seventure Partners. Focusing on Series A funding, Seventure has notably supported SumUp and Talentsoft, and is rapidly expanding in the retail sector. Another investment in retail tech will soon be announced, the partner revealed to mind Retail.
[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 and a doubled margin. However, investors remain concerned about Donald Trump's policy on Chinese imports, which could weaken the business.
Lectra aims to reduce waste in the fashion industry with Valia Europe As pressure mounts on fashion retailers to combine profitability with CSR regulations, Lectra is launching Valia, a cloud-based software package that optimises textile cutting and reduces waste.
Omnichannel, video, photo: online and in-store, customer reviews are re-inventing themselves As e-commerce returns to growth, online retailers need to optimise customer reviews to stay ahead of the game. We look at the strategies of Amazon, Shein, Temu, Fnac Darty, Decathlon, Picard, Damart, Leroy Merlin and Carrefour.
Despite stable inflation, European retail has not recovered in the 1st half of the year According to Eurostat, inflation in Europe and the U.S.A. levelled out at around 2% year-on-year at the end of June. However, food inflation remains at 26% and 19% respectively, over a rolling 3-year period. Whilst not affecting the U.S.A., price rises are having a major impact on retailers in Germany, and to a lesser extent in France.
Start-up under the microscope How Enhancy, with a model of automation and AI, wants to industrialise the second-hand sector Optical Character Recognition, automated photo retouching and pricing... Enhancy, a SaaS company specialising in optimising the online resale of 2nd hand products (household appliances and fashion), won the Startup Award at Tech for Retail and is now accelerated at EuraTechnologies. Having just added a new client from the 2nd hand luxury goods sector, CEO Alexandre Fristot presented his AI and Gen-AI-based technological soluction to mind Retail.
[mind Retail Day] Leveraging retail media on marketplaces: all the takeaways Retail media, which is almost mature in grocery and to a lesser extent at electronics retailers, is now taking off in non-food marketplaces. How do they scale up? What KPIs and margin levels can be achieved? The first edition of the mind Retail Day, held in Paris on June 19, reviewed these questions with Sacha Bismuth (Mirakl Ads), Olivier Breton (Pixmania), Maëlle Guillemot (La Redoute), Thibault Hennion (Unlimitail), Claire Koralewski (Mediaperformances) and Fabien Scolan (Adevinta).
Exclusive [mind Retail Exclusive] Decathlon launches rental for business customers Against the backdrop of a slowdown in the core B2C business, particularly in the digital space, Decathlon detailed a shift towards professional customers at mind Retail Day. Over the next 2 years, the Decathlon Pro entity, headed by Anne-Laure Grand, is set to become the company's main growth driver.
[Inflation barometer] Eurozone: FMCG prices rose in 2023 and remain 2 times higher than in the USA Despite a slowdown in inflation in recent months, the gap between food inflation and overall inflation (measured by the HICP, which includes products and services) remains wide. Ira Kalish, Chief Economist at Deloitte, and Emily Mayer, Director of Business Insights at Circana, shed light on the key figures in the annual inflation review for Europe and the USA.
