News brief

In Japan, Burger King changes hands
The Hong-Kong based private equity firm Affinity Equity Partners has bought Burger King’s Japanese business of 100 fast-food stores from the struggling Lotte Group for an undisclosed amount...
18 January 2018
Marks & Spencer takes a step back in Hong Kong
As announced in August 2017, Marks & Spencer completed the sale of all 27 stores in Hong Kong and Macau, retaining the last international fully-owned stores in Ireland (19 units) and in the...
18 January 2018
Bata continues an Asian advance
The footwear retailer Bata is pursuing new customers across India. 2017 ended with more than 1,300 Indian stores in malls and high streets, including 100 fully-owned units opened in the last 12...
18 January 2018
International retailers bet on Algeria
Targeting a population of 42 million, and according to a confidential source, several global retailers have signed distribution deals in Algeria with the
18 January 2018
Apple eager to enter Saudi Arabia
Apple is amid advanced talks with Riyadh on opening stores in
18 January 2018
Carrefour makes inroads in Cameroon
With an investment of €10.7 million in early December, the Director of CFAO Retail in Cameroon Luc Demez inaugurated a 1st “Playce” mall in Doula (in the Bonamoussadi residential...
18 January 2018
Hermès opens a dedicated perfume store in Dubai
As perfume is the best-selling beauty category in the Middle East (perfumes account for around 60% of the beauty market in the Gulf, i.e. twice the world’s average), Hermès opened a...
18 January 2018
Decathlon to land in Kenya
The sporting goods retailer will open a 1,500-sq.m GLA store in Nairobi in the second half of 2018. This will be in
18 January 2018
U.A.E. Personalisation of home equipment expands
In the United Arab Emirates (U.A.E.), a new home-grown retail concept has opened under The Home brand, owned by the Royal Group. Inaugurated near the Mall of the Emirates in December 2017 on Umm...
18 January 2018
Jumia deploys its showrooms in Kenya
In Nairobi, the online retailer Jumia innovates with two “showrooms”: the first opened in June 2017 on Koinange Street (area of ​​650 sq.m GLA) in the CBD district...
18 January 2018
Lululemon sees “brick & mortar” potential
“In 2015, we had one single store format of 280 sq.m GLA and all stores were pretty much the same” said Celeste Burgoyne, Retail Vice-President at Lululemon. “Today, we are...
18 January 2018
How Amazon lowers costs of returns
Eager to lower costs, Amazon has expanded options for clients to return items directly to a store or secure locker. In late 2017, Amazon had 2,000 lockers in the U.S. including 400 at Whole Foods...
18 January 2018
How Dollar General became one of the most profitable U.S
retailers. In the year to February 2017, DG’s profit was double that of Macy’s on less revenue, via 14,000 U.S. stores. Its US$22 billion market value eclipses Kroger, the 2nd largest...
18 January 2018
Lidl slows expansion in the U.S.A
Newcomer Lidl took a strategic pause in the U.S.A., slowing growth plans and considering opening smaller stores. In 2017, Lidl opened 47 stores vs. 150 for its well-established rival Aldi...
18 January 2018
“Online retailers can’t be profitable”. Wrong !
In the U.S.A., the Stock Market debut (I.P.O.) for fashion and styling online retailer Stitch Fix refutes a well-established belief that online retailers can’t be profitable. In the quarter...
18 January 2018
Kellogg’s, THE CONCEPT OF THE MONTH
In the wake of Unilever’s wave of pop-up stores, promoting brands like Magnum, Dove or St Ives, Kellogg’s opened in mid-December a 565-sq.m G.L.A. café in New York, near Union...
18 January 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
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
2
Klépierre, URW, Carmila: in 2025, retail media and services accounted for nearly 10% of net rental income
Published on February 12 and 19, annual financial results of the three major European property companies show that Klépierre, Unibail-Rodamco-Westfield, and Carmila are no longer singing from the...
24 February 2026