News brief

Iron hand at Nordstrom
The Board of Nordstrom department stores rejected the US$8 billion buyout offer from the founding family partnered with Leonard Green & Partners. The takeover offer was estimated as too low...
20 March 2018
From Birchbox to Mac
In July 2018, the seasoned beauty executive Philippe Pinatel will be appointed Global General Manager of the Mac cosmetics retailer (3,400 freestanding units in 106 countries, part of Estée...
20 March 2018
Gap is leaderless again
In February 2018, the fashion retailer Gap Inc. announced that veteran President Jeff Kirwin has resigned after three years as brand President. Joining Gap Inc. in 2004 from the U.S. grocer...
20 March 2018
After Sandro and Bally, Lanvin moves under the Chinese flag
In late February 2018, Fosun International acquired a majority stake in French fashion brand Lanvin, which faces ​a liquidity crisis. Lanvin’s current shareholders, the media magnate...
20 March 2018
Home improvement. The race is on for South East Asia
Ikea is very active in Asia, operating 33 stores in Thailand, Malaysia, Hong Kong, Singapore, South Korea and China. In the fiscal year to August 2017, China became Ikea’s 5th biggest market...
20 March 2018
Alibaba accelerates investment in furniture retail
Involved in a complex strategy to win revenue from both online and physical retail, Alibaba announced in February 2018 an ambitious investment of US$867 million in the furniture sector, taking 15%...
20 March 2018
7-Fresh, The Concept of The Month  
In Northern Beijing, China’s e-commerce giant JD.com (owned by Wal-Mart and Tencent) opened in March 2018 a 2nd 7-Fresh supermarket at the China Resources Dreamport mall. The first unit of...
20 March 2018
Carrefour announces 100 openings in Egypt
Majid Al Futtaim, Carrefour’s exclusive franchisor in the Middle East region, has just signed a major deal with the Egyptian government for one billion Euros. MAF will almost triple its...
20 March 2018
Chinese smartphones gain ground in Algeria
In Algeria, the smartphone retailer Moon Mobile operated a store network of 13 units in 2017 (including 5 stores in Algiers) exclusively selling the Huawei smartphones from China. These...
20 March 2018
Rent the Runway aims to go global
The fast-growing U.S. fashion retailer Rent The Runway (RTR), founded in 2009 by Jennifer Hyman and Jennifer Fleiss, is revolutionising retail by giving clients a smarter closet full of endless...
20 March 2018
Home electrical. The British Dyson fuels growth from Asia
In 2017, sales of the British home electrical retailer Dyson jumped by 40% to €3.9 billion. Between 2014 and 2017, total revenue almost tripled. According to C.E.O. James Dyson, the...
20 March 2018
China and India now into Decathlon’s Top 5
In 2017, the Decathlon Group crossed the threshold of €11 billion in sales (excluding V.A.T.) via 1,352 operating stores but excluding franchises. The group’s sales growth decelerated...
19 March 2018
Automated fashion manufacturing threats emerging countries
In Bangladesh, an independent country since 1971 with 165 million people, more than 300,000 jobs were created per year between 2003 and 2010 in the garment and textile sector. However, this fell...
19 March 2018
Tesco opts for Zero Based Budgeting
The wheel turns full circle. A decades-old financial strategy once well-established among consumer goods manufacturers is now expanding within retailers. With a company-wide commitment to cost...
19 March 2018
Argos moves from “old school” to sophisticated omnichannel retailer
In the United Kingdom, the general merchandise retailer Argos has developed one of the fastest delivery systems in the world. This high-street retailer sells an array of electronics, houseware and...
19 March 2018
A first “Fashion Week” in Saudi Arabia
From March 26 to March 31, the first “Arabian Fashion Week” in Saudi Arabia will take place in Riyadh, with catwalks from Roberto Cavalli, Jean-Paul Gaultier and Harvey Nichols...
19 March 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
Laurent Hugou (Les Mousquetaires): “With Diebold’s camera system, shrinkage at self-check-out is reduced by a third”
Shift towards an omnichannel payment service provider, roll-out of mobile payment and Diebold’s computer vision solution for self-checkout, impact of one-click payment on online sales, adoption of...
11 December 2025
2
How Maison 123 generated €420,000 on WhatsApp in 5 months
Riding on a reduction in Meta’s commercial policy, Wax start‑up specialised in WhatsApp engagement, is gaining ground, capitalising on messaging as a customer acquisition and retention channel in...
3 December 2025
3
Retail media: Marionnaud bets on print with Figaro to boost drive-to-store
According to our sources, Marionnaud’s beauty retailer will expand an advertising unit into 3 new countries in 2026 and is launching another retail media lever in the French key market. The goal...
26 November 2025
4
Carmila join forces with Unlimitail and JCDecaux to equip 252 malls
On December 9, Carrefour and Carmila signed a partnership with Unlimitail and JCDecaux to create a retail media network combining indoor DOOH and outdoor OOH across their sites in France and...
12 December 2025
5
Deborah Van Dessel (Lagardère Travel Retail): “We are testing AI tools and prompts for store layout”
Between global governance, local ambassador clubs and deployments at scale, Lagardère Travel Retail identified major operational gains thanks to AI, while other use cases reveal the current limits...
25 November 2025
6
Facing Temu and Shein’s offensive, Amazon cuts merchant fees
Asian marketplaces Shein, Temu and AliExpress, weakened in the U.S.A., are accelerating in Europe with very low, even zero, initial commissions.  Amazon, as the global largest e-commerce player...
9 December 2025