News brief

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
Wal-Mart use VR as training tool for its associate
In the retail sector, Virtual Reality (V.R.) is often used as marketing for brand experiences. However, this could become one of the biggest retail training tools. Wal-Mart will use over 17,000...
8 October 2018
Cencosud announce an I.P.O. for shopping centres
The Chilean group has launched an Initial Public Offering (I.P.O.) of the shopping centres unit. The shopping centre division represents
8 October 2018
Wal-Mart is making a push into home grocery delivery
The grocery giant is testing a home delivery service consisting of its own network of independent drivers. The service is a crowdsourced delivery-driver network relying on drivers using their own...
8 October 2018
Bloomingdale’s reveals experiential format
The 6th September, Bloomindale’s has launched a new experiential store format. Called The Carousel@Bloomingdale’s, it operates like a pop-up that changes the merchandise theme every...
8 October 2018
Metro’s Real hypermarket is on sale
After an abortive sale in 2012, German retailer Metro AG is still trying to sell its struggling Real hypermarkets in order to continue a narrow focus on wholesale. Real operates
8 October 2018
Dixons Carphone on track to hit targets in slow recovery
Dixons Carphone (DC.L), the troubled British electricals and mobile phone retailer is on track to make full year profit targets due to sales of new televisions during the soccer World Cup this...
8 October 2018
EPP see great potential for shopping centres in Poland
Previously known as Echo Polska Properties, the property firm EPP grew net income by 45% to €66m in the six months to the end of June. There had been strong performances from shopping...
8 October 2018
An experimental MediaMarktSaturn store in Innsbruck
Electronics giant MediaMarktSaturn has adopted a ‘Silicon Valley’ style. “We were viewed as a dinosaur”, said the Chief Innovation Officer at the Tech. conference in...
8 October 2018
Birchbox : 1.5 millions beauty boxes in UK
One of the success stories of subscription economy in UK is the American based subscription beauty box brand, Birchbox, which has reported a record year for growth in 2017 with
8 October 2018
UK : Success story for subscription services
To survive in an economy moving away from ownership, retailers may need to build in subscriptions to future-proof their business. In the UK today, there are more than 58 million people using...
8 October 2018
Lidl launch new loyalty app
In digital age, with growing interaction with consumers, retailers are looking to find innovative new ways to build rewards programs and inspire customer loyalty. Sephora or Starbucks for instance...
8 October 2018
El Corte Inglés and Repsol boost Supercor Stop & Go
A year after a strategic agreement, the oil company Repsol and El Corte Inglés, Spain’s leading department store retailer, announce that
8 October 2018
Unibail-Rodamco-Westfield see a rise in profits
Paris-based property firm Unibail-Rodamco officially completed the acquisition of Westfield earlier this year. Profits rose by
8 October 2018
Media Expert will open a store in Galeria Pólnocna (Warsaw)
The Polish shopping center Galeria Pólnocna, owned by GTC, will host retailer Media Expert. This is the largest transaction since opening in September 2017. The deal cements a
8 October 2018
A no-deal Brexit could cost retailers US$12 billion
The U.K. officially leaves membership of the European Union in 6 months, either with a negotiated separation or with a “no deal” exit. Research by Barclays Bank predicts that grocers...
8 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 shelf labels: why the US regulator threatens rollout
In the USA, the Federal Trade Commission has just required full transparency on the use of pricing algorithms based on personal data, under threat of penalties. In this regulatory framework...