News brief
Turkish discount retailer SOK expects to be listed.
The Turkish retailer Sok (4,700 stores, estimated sales of US$1.7 billion in 2016) plans an I.P.O in 2018. A Netherlands-based investor consortium controls 50%, plus 39% with Gozde Girisim, the...
23 October 2017
Costco to expand in France.
After 3 months of business, Costco’s first French store attracted 44,000 members for an average basket of €125, higher than Costco’s global average around €100. As in Spain...
23 October 2017
Russian-French merger in coffee shops.
The highly fragmented sector of coffee shops is consolidating. The Russian coffee retailer Cantata, which runs 260 coffee and tea shops in Russia, Armenia, Belgium and Cyprus, took a majority...
23 October 2017
Nostrum to enter Germany and Switzerland.
The low-cost catering retailer Nostrum (expected sales of €35 million in 2017, up by 17% via 150 restaurants) signed two master-franchise deals in Germany and in Switzerland. In Geneva, the...
23 October 2017
SMCP launches into a steep trajectory
Eager to accelerate global expansion and reduce debt, the accessible luxury retailer SMCP (owner of Sandro, Maje and Claudie Pierlot, sales of € 786 million in 2016 up by 16.4% in H1 2017) is...
23 October 2017
Ikea’s growth slowed in 2017
In the fiscal year to late August 2017, the sales of Ikea Group reached €38.3 billion, an increase of 5% (including franchises) via 403 stores in 49 countries. The slowdown in sales has been...
23 October 2017
Fast fashion. From global to ultra localised ?
As every retailer is looking for levers to generate traffic amid fierce competition of new pure players selling directly to customers and advertising on social media, ultra-localised fashion is...
23 October 2017
Macy’s poaches an eBay’s Director
The Senior Vice President of eBay North America, Mr. Hal Lawton (aged 43) has left eBay on his appointment as President of Macy’s, reporting to C.E.O. Jeff Gennette, in post since March...
19 September 2017
Malte Horeyseck to disrupt Brazil’s furnitures
The Brazilian entrepreneur Malte Horeyseck, founding partner of Dafiti fashion e-retailer, is starting a new venture called “Grupo Lar”. This is an online furniture retailer in...
19 September 2017
Continued cost reduction at Burberry
As the global luxury market slows, Burberry appointed Mr. Marco Gobbetti as the new C.E.O. in July 2017, replacing Christopher Bailey who remains Chief Creative Officer. Gobbetti completed a
19 September 2017
Ikea expands in every direction in Asia.
Mr. Patrik Antoni, Country Manager of Ikea India, confirmed April 2018 as the launch of a 1st Indian unit, in Hyderabad’s IT hub near Gachibowli. This represents an investment of
19 September 2017
Calzedonia and Intimissimi launch on Tmall.
In September 2017, both Italian brands are selling on the Chinese online platform owned by Alibaba. In July, the struggling U.S. fashion retailer Abercrombie also started selling on Tmall, eager...
19 September 2017
IAPM rents soar.
“In Shanghai, annual rents at our IAPM shopping mall vary between €1,850/ sq.m GLA and €2,780 / sq.m GLA, said Nicole Wu, Leasing Operations Manager at Wanda Commercial Management...
19 September 2017
Decathlon lands in Hong Kong.
In August 2017, Decathlon (sales of €10 billion in 2016, up by 12%) opened simultaneously two stores in Hong Kong in Grand Plaza, Mong Kok and in Causeway Bay (HK Island). In 2016, China...
19 September 2017
Shake Shack lands in China
The U.S. fast-food chain Shake Shack (revenue of US$268 million in 2016, up by 41%) will make inroads in Hong Kong and in China in 2018. Both territories will be operated by Maxim’s...
19 September 2017
Saks Fifth Avenue opens an office in India.
Following J.C.Penney, L-Brands (Victoria’s Secret), Lowe’s and Ann Taylor, the U.S. department store giant has
19 September 2017
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Most viewed articles of the month on mind Retail
What readers clicked on the most last month.
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1
Payment: a lever for retail innovation
This month, our editorial team highlights how innovation is taking shape around payment. This key stage, enabling turnover to be collected by retailers, is at the heart of numerous pilots and...
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2
Leroy Merlin and Aroma‑Zone launch in‑store analytics pilots with XXII
French retail tech XXII, which aims to become the Google Analytics and Contentsquare of physical stores, has already signed with 15 retailers and shopping centres, mind Retail learned. A year...
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5 December 2025
3
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...
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3 December 2025
4
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...
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11 December 2025
5
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...
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26 November 2025
6
Retail tech mapping 2025: 42% of start-ups already profitable, 53% aiming for breakeven within 3 years
In their final update for 2025 covering retail tech mapping, FDJ Ventures and France Digitale present new challenges for French retail start-ups. These include financing, slowing company creation...
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10 December 2025