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Trending topics
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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Featured image of the article Hugues Chanoine (Hygie31 Digital): “The next step is to eliminate filters to move to 100% conversational search”
Hugues Chanoine (Hygie31 Digital): “The next step is to eliminate filters to move to 100% conversational search”
The Hygie31 retail group, known for the Lafayette Pharmacies, is continuing to transform its websites, driven by Cocooncenter. Thanks to an AI strategy and a fully redesigned IT architecture, it...
10 September 2026
Featured image of the article ChatGPT: Bureau Vallée’s recipe to capture back-to-school spending
ChatGPT: Bureau Vallée’s recipe to capture back-to-school spending
By launching a conversational chatbot with Algolia and a new module converting school lists into e-commerce carts this summer, Bureau Vallée aims to ease the chore of back-to-school supply list...
10 September 2026
Featured image of the article Fnac Darty to launch Wero on its e-commerce sites
Fnac Darty to launch Wero on its e-commerce sites
According to our information, Fnac Darty is about to deploy European payment solution Wero, based on account-to-account instant transfers, on its e-commerce sites. Already active in Germany at...
4 September 2026
Featured image of the article Why Shein emits twice as much CO2 as Inditex for equivalent revenue
Why Shein emits twice as much CO2 as Inditex for equivalent revenue
On the occasion of an IPO, Shein revealed a carbon footprint of 25.5 million tonnes of carbon dioxide in 2025, up by 20% compared to a reference year. For an equivalent sales level, the fast...
3 September 2026
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
Before an IPO, Shein forced to reveal margin erosion in 2025 and impact of US tariff shock
Made public ahead of a Hong Kong listing planned for September, Shein’s financial documents, seen by mind Retail, confirm the shift experienced by the fast-fashion retailer. Despite a 8% sales...
21 August 2026
2
O’Boticario rolls out AI diagnostics across 4,000 stores with Haut.ai
On August 18, Brazilian cosmetics retail chain O’Boticario (2025 GMV up by 6.7%) announced the deployment of skin analysis technology provided by Estonian start-up Haut.AI. It will be rolled...
21 August 2026
3
Hugues Chanoine (Hygie31 Digital): “The next step is to eliminate filters to move to 100% conversational search”
The Hygie31 retail group, known for the Lafayette Pharmacies, is continuing to transform its websites, driven by Cocooncenter. Thanks to an AI strategy and a fully redesigned IT architecture, it...
10 September 2026
4
ChatGPT: Bureau Vallée’s recipe to capture back-to-school spending
By launching a conversational chatbot with Algolia and a new module converting school lists into e-commerce carts this summer, Bureau Vallée aims to ease the chore of back-to-school supply list...
10 September 2026
5
Walmart finally accepts in-store payments with Apple Pay and Google Pay
Sanctioned by financial markets after a sharp US slowdown in Q2, Walmart is reviewing a checkout strategy. Abandoning a rejection of technological giants, the group is rolling out Apple Pay and...
24 August 2026
6
Why Shein emits twice as much CO2 as Inditex for equivalent revenue
On the occasion of an IPO, Shein revealed a carbon footprint of 25.5 million tonnes of carbon dioxide in 2025, up by 20% compared to a reference year. For an equivalent sales level, the fast...
3 September 2026
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