News brief

Five Below is one of the country’s fastest-growing retailers
Sales are up 28% year-over-year, driving an aggressive growth plan. As do other dollar-store companies like Dollar General and Family Dollar, Five Below sells everything from books to clothes for...
11 September 2018
The N.R.F. against proposed tariffs on Chinese imported goods
The National Retail Federation (N.R.F.) published a study that shows that the tariffs on Chinese furniture proposed by President Trump will cause higher prices. Tariffs on goods from China...
11 September 2018
U.S retailers benefit from booming economy
The latest financial results published by U.S retailers show that the American booming economy has a real impact on sales and profitability for firms like Walmart, Nordstrom, Target and Home...
11 September 2018
Mc Donald’s Chicago Flagship: Service & sustainability married to technology
In August the fast-food chain opened a new format of restaurant in Chicago prior to refitting American units. Near the corporate HQ, this flagship is part of a global “Experience of the...
11 September 2018
European Brands and Retailers see great potential for Men’s beauty products
European beauty retailers and brands are embracing a booming male grooming market. The global market for products such as skin or hair products and fragrances for men will reach US$60.7 billion by...
11 September 2018
Luxury products : Farfetch will go public
According to a recent report from Bain & Company, the global personal luxury goods market is poised to grow by 6% to 8% in 2018, and reach US$ 446 billion by 2025. Digital players are...
11 September 2018
Metro AG faces a shake-up of shareholders
Investment group Haniel, Metro’s largest shareholder for over 40 years, sold 7.3% (of 22.5%) of shares in Metro to an investor group led by Czech billionaire Daniel Kretinsky. As part of the
11 September 2018
Sports Direct acquires House of Fraser for GB£ 90 million
Great Britain’s biggest sports chain rescued the failing department store chain House of Fraser for GB£90 million. Sports Direct now own all House of Fraser assets including brands...
11 September 2018
Mulberry aims to improve in-store experience with technical solutions
The British luxury brand has partnered with Tulips Technologies to deliver the solutions which include Tulip Checkout and Tulip Assisted Selling as an iPad point of sale. This gives staff accurate
11 September 2018
The Danish toy giant Lego continues sustainable strategy
Lego unveiled sustainable plant-shaped bricks made from sugar cane plastic. Building bricks are composed of
11 September 2018
A Salesforce survey : For retail differentiation is key
The American Cloud computing company has published a 2nd part of “Shopper-First Retailing” report to capture the shifting preferences among global consumers. Salesforce launched an...
11 September 2018
Inditex and H&M compete for India’s fashion share
During the last fiscal year, Inditex’s sales jumped by 20% year-on-year to €151 million via the Zara and Massimo Dutti brands. However this is one of the slowest rates in the country...
3 August 2018
Eataly soon in Brussels
The food and restaurant retailer Eataly (turnover of €465 million in 2017, up by 20% from 2016) confirmed they will be opening in Brussels by 2023. On the Anspach boulevard, near the Stock...
1 August 2018
H&M repairs clothes in Paris
Eager to pull shoppers away from e-commerce and return to buying in stores, Hennes & Mauritz installed sewing machines at the heart of its newly revamped Paris flagship in Rue Lafayette...
20 July 2018
Primark defies gloom
The British fashion discount retailer Primark, which has no online business, posted a total sales increase of 6% during the period of 40 weeks ending in June 23, 2018. Growth was driven by global...
20 July 2018
Europe. Birth of a giant department store gorilla ?
In Germany, the Austrian investment company Signa Holding and Hudson’s Bay Company (HBC) signed a letter of intent to merge their respective department store chains, bringing together...
20 July 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...