Retail media: One year after launch, Mirakl Ads faces challenges ahead The recent partnership between Mirakl and Havas has put the spotlight once again on the digital marketplaces provider's retail media offering, which combines technology and advertising network. A year after the roll-out, Mirakl Ads now needs to sign up with leading retailers, in a highly competitive market.
[Amazon results] In Q3 2023, Amazon more than tripled net margin on the back of a savings plan and a return to fundamentals After a post-Covid-19 pandemic slowdown, Amazon's net margin more than tripled in Q3 2023. Over the 9 months of the year, growth was driven by the digital marketplace, AWS and advertising - three divisions accounting for 73% of revenue gains. With US$6 billion in additional sales in 9 months, advertising has overtaken e-commerce and is now hot on the heels of AWS in terms of growth contribution.
‘Yes Ad’ zones: in-store traffic takes a hit in Q1 2023 Given exclusive access to the Adot study, mind Retail revealed that in France, only 13% of households in ‘Yes Ad’ zones affixed an “opt-in” sticker to letterboxes at the end of March 2023. As a result, in-store traffic is clearly affected, with a 19% gap at specialist retailers and a 5% gap among food retailers compared with the national averages. All the figures, channel by channel.
Reusable dishes: French anti-waste law constraining fast-food chains On 31st May 2023, France's fast-food retailers had to present action plans to the government for adopting reusable tableware for on-the-spot consumption. While the legislation is not yet binding, adoption has been patchy. This is a particularly sensitive issue for the fast-food retailers interviewed by mind Retail. We present an overview of the adoption of the French decree, company after company, and the impact on in-store operations.
[Case study] Merchandising : How Etam went from 15 to 4 days for new collections set up With 1,300 points of sale, which account for most of turnover, the Etam Group (Etam, Undiz, Maison 123, Ysé and Livy) adopted the Yoobic application to ensure compliance with in-store merchandising. The challenge is to increase the control of store tasks and thus improve compliance rates.
[Analysis] Private labels: What are the best practices of European retailers in 2023? Europe Although European countries have historically been among the largest private label markets in the world, 2022 and Q1 2023 have seen a major shift towards private labels in most markets. Private labels have become a major P&L lever for retailers, as is the case with Mercadona, which derives more than 70% of business from private labels. mind Retail has identified 4 examples of strategic developments in the food sector.
How e-retail media technology companies are positioning themselves Criteo, Publicis with Citrus Ad, Mirakl Ads, Microsoft with PromoteIQ, Casino with RelevanC and Tryger are the main players offering technologies dedicated to retail media in France. When did they launch their activity? Who are their main customers? What are their pricing models?
Analyses Food retail: 6 charts to understand the financial health of the world’s Top 10 in 2022 Rising costs, inflation, purchasing power. After 2 years of crazy growth boosted by Covid-19, 2022 was a good one in terms of sales, but not profitability. For the 2023 edition of this exclusive study, mind Retail analysed the financial health of the world's "Top 10" food retailers since 2017, based on main financial indicators. In terms of business model, the most omnichannel retailers are approaching the online capacity ceiling, approximately between 15% and 20% of a business. Whilst profitability of Target and Walmart has dramatically slowed, the business models of Costco, Ahold Delhaize and Kroger have been more resilient.
Fashion: which second-hand models are the most profitable for retailers? Since 2021, second-hand offers have been multiplying among fashion retailers. In an analysis carried out by mind Retail among some 30 retailers, we see that the models and their associated profitability vary between the different market segments (mass, mid-market, luxury). While this activity is profitable for premium brands, it has also become a major loyalty lever at a time when acquisition costs are exploding.
AGEC law : behind the valorization of unsold garments, the challenge of forecasts Since 1 January 2022, Article 35 of the French AGEC law has obliged producers, importers and distributors to reuse, re-use or recycle unsold non-food products. They can no longer destroy them. Faced with this new challenge, how can fashion retailers act upstream to manage their production and reduce unsold products?