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
Our mind news
Against a backdrop of growing pressure on household budgets, the European CCD2 Directive coming into force and a new legal framework for assisted purchasing journeys, Oney is stepping up an...
- Retail
- mind Exclusive
- Retail tech
29 October 2026
Amid an ownership shake-up following its acquisition by Evoriel, shopping centre operator Advantail has signed with Formality to digitise the management of commercial leases and contracts across...
23 October 2026
With an average basket of €3,500 and a payment journey that includes a financial deposit at the time of ordering, Mobilier de France shares with mind Retail its assessment of the rollout of...
- Retail
- mind Exclusive
- Retail tech
15 October 2026
Eager to bring together customer data and improve data accuracy, jewellery and watch retailer Maison A.Constant built its own Single Customer Repository (SCR) using n8n, an orchestration platform...
7 October 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
US retailers divided over the rise of autonomous shopping agents
In the US, Gap, Walmart, Best Buy, Amazon and eBay are taking very different approaches to agentic commerce. While TV shopping giants QVC and HSN see these new intermediaries as an opportunity to...
- Retail
- Economy and regulators
- Analysis
21 October 2026