News brief

In mid-2025, the French Coopérative U (2024 turnover: €26.91 billion excluding fuel, i.e. up by 4%) will launch a retail media offer on the Coursesu.com website and on the app, in...

13 February 2025

H&M saved margin in 2024 but remains in decline in America and Asia

On January 30, the Swedish company H&M reported sales of US$22.32 billion in 2024 (fiscal year to the end of November 2024), down 0.7%. After a rise of 5.6% in 2023 and 12.4% in 2022, this is...

13 February 2025

Shein returns to India with Reliance Retail

Blocked since 2020 in India, Shein is back to compete with Myntra (Flipkart) and Zudio (Tata). The group signed a licensing agreement with Reliance Retail Ventures (RRVL), a subsidiary of the...

11 February 2025

Franchise : Ulta Beauty enters the Middle East with Alshaya

After announcing a first international expansion into Mexico in March 2024, the U.S. retailer Ulta Beauty (2023 turnover of US$11.2 billion, up 5.7%, after 15.6% in 2022 and 37.9% in 2021)...

11 February 2025

After Macy’s, Kohl’s closes 27 stores and cuts 10% of its workforce

In the USA, while Macy’s is closing 66 stores and laying off 3.5% of staff (2,350 jobs), department store chain Kohl’s (1,100 stores in Q3) has announced the closure of 27 stores by...

7 February 2025

Cash & carry: Metro AG to delist from the Stock Exchange

After posting sales of €8.6 billion in the quarter to December 2024 (-1.5% in total), German Metro AG (623 stores in 35 countries) announced its withdrawal from the Frankfurt Stock Exchange...

7 February 2025

Maisons du Monde sales plummet for 3rd year running

In a French furniture market down by 5.1% to €13.8 billion in 2024 (IPEA), Maisons du Monde (338 stores at the end of 2024) reported annual sales of €1.002 billion on February 4, down...

6 February 2025

La Foir’fouille chooses Duval for franchise African expansion

On January 31, discount chain La Foir’fouille (steady 2023 sales at €815 million, target of €830 million for 2024) announced an African expansion via a master franchise agreement...

5 February 2025

India: retailers will soon be able to use Aadhaar biometric authentication

India is easing access to the Aadhaar biometric authentication system (via fingerprint or iris) created by Infosys co-Founder Nandan Nilekani. At the beginning of 2024, this system was being used...

4 February 2025

Action ends 2024 with sales up 22%

Dutch retailer Action (shareholder 3i) ended 2024 with sales of €13.8 billion, up 21.7% overall and 10.3% on a like-for-like basis. It has 2,918 stores in 12 European countries, including 29%...

4 February 2025

Auchan Russia is counting on sanctions being lifted to continue trading

Auchan Retail (2023 sales €32.26 billion, down 2% in a year, via 2,354 stores in 12 countries) has ended discussions with Gazprombank concerning the sale of 232 Russian stores, according to...

30 January 2025

In the Netherlands, the government does not want BNPL in stores

In the Netherlands, the government is opposed to the deployment of BNPL in stores. In a letter to Parliament on January 21, 2025, Finance Minister raised the alarm about the risks for young...

28 January 2025

USA : WhatsApp and SMS are integrated into Google Maps

After a test in Latin America in June 2024, Google is rolling out WhatsApp (Meta group) and SMS in Google Business Profile cards in the U.S.A. “Users can interact directly with brands at any...

27 January 2025

[mind Retail Exclusive] Lucky Cart signs with Carrefour Spain

French start-up Lucky Cart, which is well established in the French supermarket sector (including Intermarché, E.Leclerc and Carrefour), is to make a debut at Carrefour Spain, mind Retail...

24 January 2025

Cyber insurance: Stoïk sets course for Spain

Three months after raising €25 million, cyber-insurance specialist Stoïk is setting up operations in Spain. Already selling in France (since 2021), Germany (2023), Monaco and Austria...

23 January 2025

Oman: Majid Al Futtaim wipes out Carrefour brand in favour of HyperMax

On January 7, 2025, Majid Al Futtaim (2023 sales : US$9.4 billion, up 1.1%, after 12% in 2022) began replacing the Carrefour brand with the HyperMax brand in Oman. The new HyperMax store brand...

23 January 2025

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

As the adoption of AI results in increasing cost volatility for companies, mind Retail spoke in Monaco with Christelle Glaszer, Manager of Indirect Purchases at Aroma-Zone natural beauty retailer...

13 March 2026

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

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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

Klépierre, URW, Carmila: in 2025, retail media and services accounted for nearly 10% of net rental income

Published on February 12 and 19, annual financial results of the three major European property companies show that Klépierre, Unibail-Rodamco-Westfield, and Carmila are no longer singing from the...

24 February 2026