News brief

he wholesale retailer Costco from the United States (net sales of US$95 billion in the 36 weeks to May 2018, an increase of 12%) is the latest to come under fire on Chinese social media regarding...

2 June 2018

U.S. Towards an online sales tax?

In June 2018, the U.S. Supreme Court cancelled its 1992 ruling, which forced online retailers to collect sales tax only in the States where they had a physical presence. The court reversed itself...

2 June 2018

Wal-Mart sells 80% of Brazilian business

As part of a global strategy to reduce exposure in unprofitable markets and to boost online growth, Wal-Mart is selling 80% of its Brazilian operation, representing 483 stores in 200 cities and...

2 June 2018

Story, the Concept of The Month

Can scarcity boost visitors for U.S. department stores? This is Macy’s gamble, which bought Story in May 2018 for an undisclosed amount. Story opened in 2011 in New-York (Chelsea area, sales...

2 June 2018

D.I.Y. The Australian giant throws the towel in the U.K.

This is a major setback and an incredibly expensive lesson for Wesfarmers. The Australian retailer spent €444 million in 2016 for the 255 stores of British D.I.Y. retailer Homebase, expecting...

2 June 2018

Zalando. “At home and now – the future of product returns”

For the last 12 months, the German giant of online fashion Zalando (sales of €4.5 billion in 2017, up by 25% with 23 million customers and 200 million monthly visitors), has been rejuvenating...

2 June 2018

A U.S. footwear retailer enters Europe

The “Flip Flop Shop” chain from the U.S.A. (specialising in flip-flops and summer shoes) has opened a 1st European store in Barcelona via a master-franchising agreement with Shades...

28 May 2018

Starbucks focuses on coffee

In May 2018, Starbucks signed a US$7.15 billion deal with Nestlé, which will sell its packaged coffee in supermarkets and grocery stores. For Starbucks, this consumer packaged-goods...

28 May 2018

Maisons du Monde makes inroads in the U.S

The French furniture retailer Maisons du Monde (with 38% of sales from outside France and 21% online) confirmed buying 70% of the U.S. retailer Modani. Modani is a small but profitable retailer...

28 May 2018

Wal-Mart to sell 80% of its Brazilian business ?

According to Valor International, Wal-Mart said it was considering options for its Brazilian retail business. It could sell an 80%-stake to the private equity firm Advent International for a value...

28 May 2018

Brazil. Natura pursues a digital makeover

With sales of US$3.1 billion in 2017, Natura is updating the sales value proposition for its 1.7 million sales reps (including 1.2 million in Brazil and 500,000 in Argentina, Mexico, Chile, Peru...

28 May 2018

Kohl’s / Amazon. A working partnershiP

In late 2017, Kohl’s signed a partnership with Amazon for the firm to operate Amazon sales and return services within the Chicago and L.A. department stores. According to a study from Gordon...

28 May 2018

India. Uniqlo picks up Delhi for its first store

The Japanese fashion retailer Uniqlo (Fast Retailing) is recruiting for the launch of a 1st store in New Delhi for autumn 2019, making India its 22nd market worldwide. In early May, it registered...

25 May 2018

Bio c’Bon pursues a Japan push

The France-based organic retailer Bio c’ Bon has opened a 2nd store in Tokyo in partnership with Aeon, via a joint-venture agreement. The organic store will be located in aka Meguro. A 1st...

25 May 2018

Ikea’s first Indian store will debut in July

Six years after having received the permission to open fully-owned stores in India, Ikea will open its first local store In Hyderabad in July 2018, covering 37,000 sq.m GLA in the Hi-tech City...

25 May 2018

Malongo makes inroads in the Philippines

The coffee retailer Malongo signed a franchise agreement with Noble House to roll out its coffee shops in the Philippines. The first unit will open in August 2018 in Manila, covering

25 May 2018

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BNPL: Between healthcare and retail, Scalapay accelerates a P.O.S. offensive with two major signings

Building on a strong foothold in fashion, Scalapay is strengthening in-store penetration targeting players in the healthcare sector. According to our information, the Italian BNPL unicorn has...

25 February 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...

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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...

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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