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News brief

Trending topics
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
Second-hand fashion expands in China.
According to Fung Global Retail & Technology, in 2016, pre-owned luxury fashion spending jumped by 20% to €1 billion. In context, the total value of
19 September 2017
Dubai, a retail oligopoly.
Only five developers own 87% of Dubai’s stock of malls and 15 retailers represent 90% of foreign brands in Dubai (Source: Savant). The innovative Emirate is also
19 September 2017
Al-Hokair buys a 10% stake in Turkish bakers.
The Fawaz Abdulaziz Al-Hokair Saudi Group will buy 10% of the Simit Sarayi bakery chain from Turkey (bagels and pastries). This represents 408 stores to December 2017. Abdul Majeed Alhokair will...
19 September 2017
Is fast-fashion in Africa impossible ?
For Mariza Nel, Head of Communication at Steinhoff, operating successfully in Africa requires a lot of flexibility and no unnecessary frills. “Retailers have to have a very simple
19 September 2017
Carrefour will be the anchor tenant of the U.A.E.’s first nature-inspired mall.
In Dubai, the future “Dubai Miracle Garden Mall” (developed by Cityland Group) will launch
19 September 2017
Fnac takes a step back in Brazil.
Fnac Group signed a sale agreement with the local retailer Livraria Cultura in June (undisclosed amount). Fnac has been present in Brazil since 1999, operating only 12 stores in the southern
19 September 2017
Via Varejo to test new store concepts in Brazil.
Having suspended the “For Sale” notice, home-electrical retailer Via Varejo will open in December a virtual and urban store (probably in Sao Paulo) with low footage and with no...
19 September 2017
Ikea will jump into augmented reality
In the United States of America, the world’s largest furniture retailer Ikea is working with a new augmented reality application for furniture placement. Users have a full view of their room...
19 September 2017
Leroy Merlin is testing a retail store in Johannesburg
In May 2017, the D.I.Y. giant opened its first experimental store in South Africa, which offers
19 September 2017
No merger between Orchestra and Destination Maternity.
For the 3rd time, the merger attempt between Orchestra and its U.S. rival Destination Maternity ended in failure during the summer. This was due to
19 September 2017
HBC, The concept of the month
As buy-out rumours increase for struggling Canadian retailer Hudson’s Bay, in September the firm opened its 1st full-range European department store in Amsterdam. A sales area of 17,000 sq.m...
19 September 2017
Lego changes C.E.O. after just eight months.
In a surprise move, the Danish toy firm replaced British C.E.O Bali Padda, appointed in December after serving at Lego for 15 years. He is replaced by Niels B. Christiansen (aged 51), former Head...
19 September 2017
Adidas to close 160 Russian stores this year.
As Russian sales shrink, the German sportswear retailer has already closed more than 100 stores this year and will close another 50 by December. C.E.O. Kasper Rorsted expects the Russian market to...
19 September 2017
German department stores flirt with outlets.
As the U.S. Saks Off 5th launches in Germany and the Netherlands, Karstadt department stores will also test sales space for low prices this year, in partnership with online pure-players...
19 September 2017
Carrefour wants smaller hypermarkets in China
At the Mapic conference in Shanghai in late August 2017, Frank Chan, Director of Carrefour’s shopping centres in China, said: “We are reducing the average sales area of...
18 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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