News brief

Gifi is entitled to a second chance, but Founder is not
On January 14 2025, the Founder of Gifi (sales of €1.3 billion in the fiscal year of 15 months to December 2023, 700 stores, 17 countries) obtained an agreement from creditors. According to...
16 January 2025
Mercadona increases the pay of all staff by 8.5%
From 2025, to increase the purchasing power of staff, Spanish largest grocery retailer Mercadona (turnover 2023: €35.53 billion, up 15% in a year via 1,681 stores) is increasing salaries of...
16 January 2025
Meta and Amazon join Walmart in reviewing HR inclusion policies
Meta and Amazon are backtracking in a fight against discrimination. After abolishing fact-checking in the U.S.A., Meta announced in a memo sent to staff on January 10, 2025, a scrapping of...
13 January 2025
Wayfair leaves Germany and makes 750 employees redundant
After laying off 1,650 staff in January 2024, the American furniture DNVB Wayfair (9M 2024 sales: US$8.73 billion, down 1.8%) announced on January 10, a plan to make 750 staff redundant (3% of the...
13 January 2025
Eager to rival with Criteo and Epsilon, Amazon Ads launches monetisation service for retailers
On January 9, at CES, Amazon Ads launched the beta version of a new monetisation service for the e-commerce sites of multi-brand retailers, called Retail Ad Service. With this service, available...
10 January 2025
Cosmetics: a European directive could cost the French industry €1 billion
On January 1, 2025, the revised European directive on waste water treatment came into force. Published on December 12, 2024, in the Official Journal of the European Union, this introduces a system...
9 January 2025
Mexico increases customs fees for Temu, Shein, AliExpress and others
As Donald Trump threatens to impose 25% customs duties on imports from Canada and Mexico, the Central America country is stepping up a fight against Chinese imports. On January 1, 2025, new...
9 January 2025
Meituan and Ele.me force delivery drivers to rest
In China, Meituan, an e-commerce and express delivery platform, launched a “tiredness management” system to deal with long working hours of couriers. After a 12-hour quota, delivery...
8 January 2025
Retail media: Valiuz joins the Leroy Merlin and Saint Maclou banners
On January 2, Valiuz, the retail data alliance that includes Decathlon, Auchan, Boulanger, Alinea, Electro Depot, Kiabi and Norauto chains, announced the integration of Adeo Retail Media (Leroy...
8 January 2025
Stores closures jumped by 28% in the U.K. in 2024
In 2024, the U.K. reported 13,479 store closures, an increase of 28% in a year, according to the Centre for Retail Research (CRR). These included Boots, Shoe Zone, Homebase and others. While 56%...
7 January 2025
Retail media: Kiabi makes official agreement with Valiuz Adz
As revealed by mind Retail in January 2024 and made official on December 12, Kiabi (2023 sales: €2.21 billion, up by 1.1% in a year after rising by 22% in 2022) is launching a retail media...
20 December 2024
Following an aborted merger, Albertsons claims US$6 billion from Kroger
The mega-merger between Kroger, the 3rd largest food retailer in the U.S.A. and Albertsons, the 6th largest, , will not go ahead. On December 10, the Federal Trade Commission (FTC) ruled that a...
20 December 2024
Alibaba sells Intime department stores and loses US$1.3 billion
On December 16, Alibaba Group (Q3 2024 sales: US$33.7 billion, up 5%) announced the sale of the department store subsidiary Intime, acquired in 2017 for US$2.6 billion. Once approval has been...
20 December 2024
Senate report condemns working conditions in Amazon warehouses
On June 15, the US Senate Select Committee led by Bernie Sanders issued a report on working conditions in Amazon‘s warehouses, in which safety procedures are not respected. The senators...
18 December 2024
Fast Retailing torn on the Chinese issue of Xinjiang
After a record year in a fiscal year to the end of August 2024 (turnover of US$20.7 billion up by 12.2%, net margin at 12% of sales), the C.E.O. of Fast Retailing, Tadashi Yanai, explained on the...
12 December 2024
Philippines’ SM Prime announces the opening of 5 new malls
SM Prime Holdings, the Philippine commercial property giant, is continuing to expand. With 5 openings planned for 2025 – 3 in the Philippines in Laoag, La Union and Zamboanga, and 2 in China...
11 December 2024
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