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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

Xander Group plunges into India’s retail market.

Eager to create lifestyle destinations in India, the global private equity investor Xander Group used its retail arm (Virtuous Retail South Asia) to buy a 185,880 sq.m mall in Chandigarh for

19 September 2017

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Aroma-Zone and Najar reveal the behind-the-scenes of a strategic partnership

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After-sales service: Prolong aims to become the OS of repair and adds 3 luxury brands

Signing of three high-end clients, launch of a maintenance passport, imminent Seed funding round and cloud migration project in China… At a 1-to-1 conference in Monaco, the Founder of Prolong...

12 March 2026

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

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

Most viewed articles of the month on mind Retail

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Electronic labels: Hanshow accelerates breakthrough and signs with a leading British retailer

27 February 2026

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...

5 March 2026

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

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

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

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