[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).
Jean-Louis Borde, Gemo: “We are going to launch a rental service for our baby range” Fashion retailer Gemo, part of the Eram group, adapted logistic tools to embrace a circularity journey for rental services. Jean-Louis Borde, Supply-Chain Director, explained adoption of the new version of Manhattan Active's Warehouse Management System (WMS), which is currently deployed.
EU: members adopt a watered-down due diligence directive at the last minute After documents for CSRD, the EU will complete a regulatory framework on CSR with a directive covering due diligence. Validated by members, the agreement on the text,…
[Case study] With Getinside, Total Energies tests a new acquisition lever for e-commerce parcels The Wash carwash network (Total Energies) is one of the first companies to have tested an acquisition campaign with Getinside. This digital marketplace treats e-tailers' parcels as monetisable space to meet recruitment strategies. However, the retailer also encountered a drift that left post-campaign tracking with mixed results.
E-commerce: Omnicom acquires Flywheel Digital for US$835 million On October 30th, the U.S. communications group Omnicom (owner of BBDO, OMD and TBWA) announced a takeover of Flywheel,…
CSR [info mind Retail] Christofle relies on CircularX to accelerate second-hand revenue According to our source, the high-end tableware retailer controlled by the Chalhoub family launched a program in early October 2023 to buy back second-hand products from individuals. Pierre Leurquin, Director of Transformation, explained this shift to scale-up via a profitable model.
Bain, GIC: In the face of US-China geopolitical tensions, Vietnam is attracting investors Asia According to Reuters, Singapore’s sovereign wealth fund GIC is in the running to acquire up to a 20% stake in Bach Hoa Xanh supermarkets (sales of US$558 million,…
Uyghur forced labour : Investigations launched in Canada against Walmart and Hugo Boss Asia Following complaints from a group of NGOs, an investigation has been launched into Walmart and Hugo Boss which are two of three companies being accused of sourcing from factories suspected of using forced Uyghur labour.
India: Shein joins forces with Reliance to fight U.S. regulator The WSJ revealed that Shein signed a partnership with India’s Reliance Industries as it faces scrutiny from the U.S.A.…
U.A.E. retailers will be subject to Corporation Tax from June 1st 2023 While G.D.P. growth reached 7.6% in 2022, the United Arab Emirates will introduce a first Corporate Tax from June 1st,…
