News brief

Wal-Mart expands into Africa
During the trading year to late December 2017, the African subsidiary of Wal-Mart named “Massmart” posted total sales up by 1% to US$8 billion via 423 stores located in 13 sub-Saharan...
19 March 2018
Inflation to increase in the U.A.E. this year
In 2018, inflation is expected to rise to 3.3% in the United Arab Emirates as a result of the 5% V.A.T. introduced in January 2018, plus higher oil prices that will increase transportation costs
19 March 2018
Plus-size fashion expands a retail footprint
The U.S. fashion brand Universal Standard launched in 2015 (sales of US$20.4 billion in 2016) has closed a US$7 million round of Series A funding. The plus-size retailer plans to use this new...
19 March 2018
Wal-Mart is optimistic
Wal-Mart’s online sales grew by 23% in Q4 2017 (from +50% in Q3 2017) as sales growth slowed via Jet.com, acquired in 2016. The online business totalled US$ 11.5 billion in 2017, remaining...
19 March 2018
J.C. Penney teams up with young sensation
J.C. Penney is targeting young girls by teaming up with the social media star JoJo Siwa, (aged 14). It has launched an exclusive line of girls’ clothes and bedding inspired by the young...
19 March 2018
Sonae denies interest in Wal-Mart Brazilian stores
After Brazilian newspaper Valor Economico said that Sonae could partner with buyout firms, the Portuguese retailer stated that it was “not involved in the matter”. Wal-Mart Brazil has...
19 March 2018
Investors return to Brazil’s retail sector
In 2018, the food retailer Carrefour-Brazil will invest US$617 million in capital expenditures to fuel growth of its “cash and carry” business. Carrefour aims to open 20 new wholesale...
19 March 2018
Retail returns increase in the U.S
Reflecting the rise of online shopping in the United States, where purchases are more likely to be returned, about 13% of sales made during the Christmas holidays, i.e. during the months of...
19 March 2018
Casino Guichard takes over Sarenza
Having declined 20 bids, footwear pure-player Sarenza will be purchased by the Monoprix supermarkets (sales of €5 billion in 2017, owned by Casino Group). In 2017, Sarenza posted sales of
19 March 2018
Kiko raises capital for Eastern expansion
To reschedule Kiko’s debt with creditor bans, Italian parent company Percassi is considering a capital increase varying from €100 to €150 million. Kiko aims to increase its...
19 March 2018
Picard frozen foods arrive in the Netherlands
The retailer Albert Heijn (subsidiary of the Dutch giant Ahold Delhaize, turnover of US$68.9 billion in 2016) has signed an agreement with Picard frozen food retailer. A range of
19 March 2018
Tesco acquires wholesaler Booker
Announced early 2017, the merger is now complete, resulting in the U.K.’s largest food retailer. In February 2018, the shareholders of Tesco and Booker at General Meeting approved and...
19 March 2018
The founder of Magnit – a departure
Sergey Galitskiy, C.E.O. of Magnit – Russia’s 2nd largest grocery retailer after X5 – has stepped down and sold his 29.1% stake to the Russian state-owned bank VTB Group for a...
19 March 2018
The British Toys’R’Us subsidiary in bankruptcy
In February, the British subsidiary of the U.S. toy giant was placed into bankruptcy, a process that could lead to the closure of about 100 British stores and to the loss of 3,200 jobs. The firm...
19 March 2018
Pandora’s customised jewellery fuels growth
To fuel growth, the Danish jeweller Pandora (sales of €3.1 billion in 2017 up by 15% in local currency) aims to modernise and diversify all designs and to add another 200 new stores this...
19 March 2018
Eataly to make inroads in the U.K.
The Italian food retailer signed a lease of 3,900 sq.m (sales area) on the ground and first floors (landlord British Land) to open a store-restaurant within the Broadgate pedestrian vicinity in...
19 March 2018
Our other services
mind Research
Strategic Intelligence: Tailored research and market analysis services to power your insights and back your strategic decisions.
See more
mind Days
Networking & Events: Half-day conferences covering key industry topics and open to the entire ecosystem.
See more
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 labels: Hanshow accelerates breakthrough and signs with a leading British retailer
While the leader in electronic labels, Vusion exceeded €1.47 billion in revenue in 2025, rival Hanshow is stepping up a global offensive, winning a strategic account in the U.K. and a new POC for...
27 February 2026
2
Conflicts in the Middle East: what impact on the supply chain and European retail?
With US and Israeli strikes on Iran triggering a major crisis on February 28, 2026, retailers already have to face the closure of strategic trade routes, rising freight costs and import...
3
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
4
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...
11 March 2026
5
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...
25 February 2026
6
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