News brief

Brazil’s recovery offers good fortune for beauty retailers
n Brazil, the latest economic recovery will be decisive for the beauty sector, which historically grows faster than G.D.P. According to the Abihpec Association, the beauty market income should...
18 January 2018
Brazil. Mall operators accelerate projects
Four years after the latest big cycle of investments in new malls ended in Brazil, mall developers aim to accelerate investments in 2018. The trend is to re-start older projects previously on...
18 January 2018
“Come and Test” at Dyson
Experiential concepts are gaining influence within home electrical retailers. In the U.S., Dyson opened a flagship in December at 640 Fifth Avenue, New York. Covering 967 sq.m GLA on one floor...
18 January 2018
Retailers tax arrangement under E.U. investigation
In December, the European Commission opened an investigation about Inter-Ikea’s specific tax practice with the Netherlands’ government, which issued two specific tax rulings from 2006...
18 January 2018
Inditex takes a step back on property
Eager to increase financial abilities, the world’s biggest fashion Group Inditex has negotiated a sale and leaseback agreement for 16 fully-owned stores in Spain and in Portugal, via a...
18 January 2018
Russian grocery retail concentrates
In mid-December 2017, Russia’s 2nd largest retailer X5 Group (sales of US$15.9 billion in the 9 months to September 2017 via 11,326 stores) signed an agreement to take over the supermarket...
18 January 2018
Russia finally agrees visitor tax refunds
As Vladimir Putin is seeking a 4th Presidential election in March, giving him control until 2024, Russia is introducing a tax refund for foreign tourists, except those from Kazakhstan and...
18 January 2018
C&A soon under Chinese flag
The low-cost C&A retailer headed by Alain Caparros (1,500 stores in 18 European countries, a subsidiary of the Swiss giant Cofra Holdings) is about to be sold to a group of Chinese investors...
18 January 2018
Pimkie reduces German and Austrian footprints
Hit by a 10% sale drop in 2017, the low-price fashion retailer Pimkie (750 stores including 300 in France) will close 35 stores in Germany and 15 in Austria by June 2019. In 2015, Pimkie shifted...
18 January 2018
Kiko closes its U.S. stores
The cosmetics retailer Kiko, owned by the Italian Percassi Group, will drop the curtain in the U.S.A., closing around
18 January 2018
Big enough to pay taxes
“Amazon, Apple, Facebook and Google employ only 418,000 people. This is similar to the population of a medium-sized city of the United States like Minneapolis, but their stock market...
18 January 2018
How to manage like an Amazon ?
According to Jeff Wilke, C.E.O. Worldwide Consumer at Amazon based in the U.S., customer obsession is mandatory at the firm, which grabbed almost 45% of all U.S. e-commerce sales and 4% of retail...
18 January 2018
Steinhoff without C.E.O.
Hit by an unprecedented accounting and legal scandal, the Managing Director of Steinhoff International Holdings Markus Jooste resigned in December after 17 years. Christo Wiese, current Chairman...
20 December 2017
Aldi Süd doubles Board members
German discounter Aldi Süd has announced plans to double the number of Board Directors to 6 from January 1, 2018. Current Board Members Peter Ernst, Max Hofmarksrichter and Jens Ritschel will...
20 December 2017
Nicolas Houzé takes charge at I.A.D.S
Nicolas Houzé (aged 42) is the new President of the International Association of Department Stores in Paris. He is serving for an initial 12 months, and may extend for a further year. The...
20 December 2017
V.A.T. hits the Gulf retail market
From January 1, 2018, the Gulf Cooperation Countries will see launch of a 5% V.A.T. in the retail sector, adding to the cost of staples, fashion, home electrical products and jewellery. Tourist...
20 December 2017
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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
Italy seizes €27.4 million from CEVA Logistics for fraud and undeclared labour
On March 3, 2026, Italian tax authorities announced the seizure of €27.4 million from two Italian subsidiaries of French supply chain specialist CEVA Logistics, itself a subsidiary of the...
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
Following a complaint from the FTC, Walmart agrees to pay US$100 million to Spark delivery drivers
On February 26, 2026, Walmart (2025 revenue: US$713.2 billion, up by 5.1% at constant rates) agreed to pay US$100 million in response to allegations of misleading compensation to delivery drivers...
4
Social media & age verification: Tech breaks the glass ceiling of precision
As an array of international governments restrict social networks access for teenagers under 15 or 16, new facial recognition technologies from Yoti, Persona and k-ID are making progress in...
13 March 2026
5
Faced with sluggish demand, The Home Depot and Lowe’s cut 1,400 jobs and reaffirm a B2B focus
In the United States, with the home improvement and D.I.Y. market under pressure, retail leaders are reorganising. Home Depot and Lowe's, respectively No. 1 and No. 2 in the market, announced...
25 February 2026
6
Search AI : in the retail sector, 25% of AI queries are transactional
For mind Retail, online SEO specialist Ahrefs analysed retail queries on AI search engines. The goal was to measure the proportion of transactional prompts compared to informational ones. The...