News brief

In 2017, Amazon completed a purchase of Middle Eastern online retailer, Souq.com, for a reported US$580m. With operations in U.A.E., Saudi Arabia, Kuwait, and Egypt, the online player had over 45m

9 October 2018

Israel-based supermarket Shufersal is investing in technology

The israel’s leading retail group, Shufersal is investing in technology, in partnership with Knapp, to develop its online store “Shufersal Direct”. Founded in 1958, Shufersal...

9 October 2018

South-African fashion retailer, TFG eyes Australian market

South African clothing and homeware retailer The Foschini Group (TFG) is launching one of its African retail brands in Australia. TFG plans to open 6 stores in Australia, the first 5 stores before...

9 October 2018

China: Sephora’s new social media

The French Beauty chain plans to open 20

9 October 2018

Alibaba tests smile recognition in Hong Kong

Alibaba’s affiliate Ant Financial has collaborated with mall operator Sino Group to explore new retail opportunities. Ant Financial’s AlipayHK has opened an unstaffed pop-up store in...

9 October 2018

Decathlon’s first store in South Korea

The French sports goods retailer has opened a 7800 sq.m. store in Songdo, near Seoul and launched an e-commerce platform. 4 more outlets

9 October 2018

GS Retail Co partners with LG Group for smart convenience store

The South Korean retailer said it opened a “smart convenience store” on 7th September using a face recognition system and other technologies, as local retail firms race to fit...

9 October 2018

Beauty brands eye up the Chinese market

An increasing number of beauty brands are tapping into the growing Chinese market, like Feelunique and Unilever. Walgreens Boots Alliance (WBA) announced

9 October 2018

India: Celio leads aggressive expansion plans

Celio, the French leading menswear brand has great ambitions in the Indian market and plans 300 openings within the next two years. In August, the group opened a first “Celio Club” in...

9 October 2018

G.U. opens a first store in Korea

G.U. Co., Ltd., a casual clothing retailer owned by the parent company of Uniqlo, Fast Retailing, opened its first Korea store in the Lotte World Mall in southern Seoul on September 14th.The...

9 October 2018

Crate & Barrel open a restaurant

The home accessories and household category killer has open a restaurant in partnership with Cornerstone Restaurant Inc. at the Oakbrook Centre store in Chicago. “Offering food and drink in...

9 October 2018

Brazil’s O Boticário enters U.A.E. beauty market

O Boticário, the largest perfume firm in Brazil, has opened a 1st international Amphora concept store at City Centre Mirdif, Dubai. Known for iconic products for more than 40 years, O...

9 October 2018

Advent International’s investment for Wal-Mart in Brazil

In agreement with Wal-Mart, Advent International is planning an investment of US$485.66 million in the retailer’s operations in Brazil. The global equity fund plans to

8 October 2018

Amusement parks are the new retail tenant of the future

As traditional retailers are closing stores, immersive attractions are stepping in to fill the surplus real estate. Because of online shopping and millennials’ changing consumption habits...

8 October 2018

Starbucks launch “Greener Stores” initiative

The coffee giant Starbucks is extending its commitment to sustainability with an ambitious new initiative consisting of greener stores which is expected to reduce utilities expenses by $50 million...

8 October 2018

Brazil mall executives do not fear e-commerce

Shares of country’s big mall operators like CCP or BR Malls Participacoes SA have sunk this year, a fall of

8 October 2018

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Already in POC, Klarna launches long-term credit in Germany, the UK and France

Swedish fintech Klarna is expanding long-term financing in Germany and the UK, with an imminent launch, followed by France, where POCs are already underway with major e-retailers. The BNPL...

18 March 2026

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

After-sales service: Prolong aims to become the OS of repair and adds 3 luxury brands

Signing of three high-end clients, launch of a maintenance passport, imminent Seed funding round and cloud migration project in China… At a 1-to-1 conference in Monaco, the Founder of Prolong...

12 March 2026

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

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Profound raises US$96 million in Series C funding, becoming a first GEO unicorn

Founded in 2024 in New York by James Cadwallader, GEO startup Profound raised US$96 million on February 24, 2026, in a Series C round led by Lightspeed Venture Partners, including Sequoia Capital...

25 February 2026

Klépierre, URW, Carmila: in 2025, retail media and services accounted for nearly 10% of net rental income

Published on February 12 and 19, annual financial results of the three major European property companies show that Klépierre, Unibail-Rodamco-Westfield, and Carmila are no longer singing from the...

24 February 2026