News brief

Electronics retailer Ceconomy in trouble
Ceconomy AG Chief Executive Officer Pieter Haas left the firm following investor fury at back-to-back profit warnings from Europe’s biggest consumer-electronics retailer. Haas was C.E.O...
12 November 2018
Ikea re-invents itself
Founded in 1943 by Ingvar Kamprad who died in January 2018, the Swedish furniture group is “creating the Ikea of the future”, said the company when publishing 2018 financial results on...
12 November 2018
Russia: Magnit turns existing hypermarkets into shopping malls and convenience stores
Olga Naumova, the Chief Executive Officer of Magnit, Russia’s second-biggest retailer said the company will stop opening stores larger than 4,500 sq. m. to focus on smaller stores. This...
12 November 2018
French Connection for sale?
French Connection founder and C.E.O. Stephen Marks plans to sell his 42% stake in the fashion label he founded in 1972, targeting customers aged 18 to 35. French Connection was very successful in...
12 November 2018
Luxembourg: The Golden Bell will open in Spring 2019
Luxembourg should see the opening of the biggest shopping centre of the country, operated by Ceetrus (Auchan group) and called “Cloche d’Or”, in Spring 2019. Located 30 minutes...
12 November 2018
Chinese group eyes Turkey
Chinese companies are looking at opportunities in Turkey. The Turkish lira plunged by 40% since the beginning of 2018, making local assets cheaper. In addition to Alibaba, which earlier this year...
12 November 2018
Bogart Group acquires Planet Parfum and Di banners in Benelux
The Bogart Group, a manufacturer and distributor of luxury cosmetics, has signed an agreement to acquire 100% of Distriplus, the second largest perfume and cosmetics retailer in Belgium...
12 November 2018
Hotel Chocolat seeks to become a global brand
Already successful in the U.K., the British luxury confectionery retailer Hotel Chocolat revealed double digit growth in both sales and profits, expecting further international growth. The firm...
12 November 2018
Amazon is top of Interbrand’s Best Global Brands in Retail
Apple, Google, and Amazon are the most valuable brands, according to the 2018 Interbrand Best Global Brands report(1), with luxury and retail as the dominant growing sectors. It is not surprising...
12 November 2018
“Travel Retail is the most interesting segment of retail today with e-commerce”
Airport retailing is booming as the number of travelers and low-cost airlines explode. The travel retail market has tripled in size since 2002. However, shifting demographics (like Millenials)...
12 November 2018
Jinqing Cai, C.E.O. of Kering China
The firm states that her mission will be to strengthen the visibility of the luxury group in the region and strengthen links with local partners. Former C.E.O. of Christie’s China, Jinqing...
9 October 2018
A digital expert for Marks & Spencer
For C.E.O. Steve Rowe, the British company has to become “digital first”, following the creation of a new role of Chief Digital and Data Officer. Jeremy Pee, who was leading digital...
9 October 2018
Christian Mazauric new French C.E.O. of Castorama
British group Kingfisher is in the third year of a five-year plan to boost annual profit, called ‘One Kingfisher’. However, poor results from the French subsidiary which owns Castorama...
9 October 2018
Circle K will expand its network across the U.A.E
Circle K is planning to bring the U.A.E. network up to 100 stores in the next 5 years, according to new C.E.O. Laurent Guitart. Founded in 1951 in Texas, U.S.A., Circle K is one of the largest...
9 October 2018
Obi opens its first store in Kazakhstan
The German company opened its first store in the city of Almaty over a retail space of 10 500 sq.m., stocking over 45,000 items alongside a garden centre. The site is operated by Asadel Retail and...
9 October 2018
M.E.A region diversifies in digital economy
As the Middle East and Africa (M.E.A.) region reduces dependence on oil and diversifies revenue streams, investment in the digital economy is paving the way for a future of connectivity...
9 October 2018
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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
Electronic labels: Hanshow accelerates breakthrough and signs with a leading British retailer
While the leader in electronic labels, Vusion exceeded €1.47 billion in revenue in 2025, rival Hanshow is stepping up a global offensive, winning a strategic account in the U.K. and a new POC for...
27 February 2026
2
Conflicts in the Middle East: what impact on the supply chain and European retail?
With US and Israeli strikes on Iran triggering a major crisis on February 28, 2026, retailers already have to face the closure of strategic trade routes, rising freight costs and import...
3
Regulatory: With 200,000 Digital Product Passports issued, Darty scales up
While the European Commission is set to vote on delegated acts to specify requirements for home appliances, Darty is accelerating a Digital Product Passport (DPP) push by integrating new products...
11 March 2026
4
Following a complaint from the FTC, Walmart agrees to pay US$100 million to Spark delivery drivers
On February 26, 2026, Walmart (2025 revenue: US$713.2 billion, up by 5.1% at constant rates) agreed to pay US$100 million in response to allegations of misleading compensation to delivery drivers...
5
Agentic commerce : After Stripe, Mirakl partners with JPMorgan Payments
On March 10, 2026, Mirakl and JPMorgan Payments (JPMP) unveiled a partnership to deploy agentic commerce by combining the Mirakl Nexus agentic orchestration platform with the U.S. bank’s...
16 March 2026
6
Aroma-Zone and Najar reveal the behind-the-scenes of a strategic partnership
As the adoption of AI results in increasing cost volatility for companies, mind Retail spoke in Monaco with Christelle Glaszer, Manager of Indirect Purchases at Aroma-Zone natural beauty retailer...
13 March 2026