News brief

In the U.S.A, on January 15, 2025, the Federal Trade Commission (FTC) and the Illinois and Minnesota Attorneys General filed a lawsuit against the agricultural equipment retailer Deere & Co...

22 January 2025

Malaysian discounter Eco-Shop wants to raise US$200 million for an IPO

On January 20, 2025, preparing for I.P.O. on the Malaysian Stock Exchange by June 2025, Malaysia’s largest discount retailer by sales Eco-Shop (annual revenue of US$510 million to the end of...

22 January 2025

Saudi repair start-up Zension completes US$30 million Series A financing round

On January 7 2025, Zension, the Saudi Arabian platform specialized in after-sales service for small electrical products (clients include Jarir Bookstore and STC) closed a US$30 million Series A...

22 January 2025

BNPL: Amazon acquires Indian start-up Axio for US$150 million

After acquiring the ODV streaming company MX player last June, Amazon (9M 2024 sales: US$450.2 billion, up by 11.2% in a year) took over a second Indian start-up in December. This is Axio, which...

17 January 2025

Ingka aims to inject €700 million into recycling over the next 5 years

On January 15, Ingka Group (2024 sales: €41.8 billion, down 5.6% year-on-year) announced an investment of €1 billion in recycling infrastructures. The budget allocated to the Circular...

17 January 2025

Gifi is entitled to a second chance, but Founder is not

On January 14 2025, the Founder of Gifi (sales of €1.3 billion in the fiscal year of 15 months to December 2023, 700 stores, 17 countries) obtained an agreement from creditors. According to...

16 January 2025

Mercadona increases the pay of all staff by 8.5%

From 2025, to increase the purchasing power of staff, Spanish largest grocery retailer Mercadona (turnover 2023: €35.53 billion, up 15% in a year via 1,681 stores) is increasing salaries of...

16 January 2025

Meta and Amazon join Walmart in reviewing HR inclusion policies

Meta and Amazon are backtracking in a fight against discrimination. After abolishing fact-checking in the U.S.A., Meta announced in a memo sent to staff on January 10, 2025, a scrapping of...

13 January 2025

Wayfair leaves Germany and makes 750 employees redundant

After laying off 1,650 staff in January 2024, the American furniture DNVB Wayfair (9M 2024 sales: US$8.73 billion, down 1.8%) announced on January 10, a plan to make 750 staff redundant (3% of the...

13 January 2025

Eager to rival with Criteo and Epsilon, Amazon Ads launches monetisation service for retailers

On January 9, at CES, Amazon Ads launched the beta version of a new monetisation service for the e-commerce sites of multi-brand retailers, called Retail Ad Service. With this service, available...

10 January 2025

Cosmetics: a European directive could cost the French industry €1 billion

On January 1, 2025, the revised European directive on waste water treatment came into force. Published on December 12, 2024, in the Official Journal of the European Union, this introduces a system...

9 January 2025

Mexico increases customs fees for Temu, Shein, AliExpress and others

As Donald Trump threatens to impose 25% customs duties on imports from Canada and Mexico, the Central America country is stepping up a fight against Chinese imports. On January 1, 2025, new...

9 January 2025

Meituan and Ele.me force delivery drivers to rest

In China, Meituan, an e-commerce and express delivery platform, launched a “tiredness management” system to deal with long working hours of couriers. After a 12-hour quota, delivery...

8 January 2025

Retail media: Valiuz joins the Leroy Merlin and Saint Maclou banners

On January 2, Valiuz, the retail data alliance that includes Decathlon, Auchan, Boulanger, Alinea, Electro Depot, Kiabi and Norauto chains, announced the integration of Adeo Retail Media (Leroy...

8 January 2025

Stores closures jumped by 28% in the U.K. in 2024

In 2024, the U.K. reported 13,479 store closures, an increase of 28% in a year, according to the Centre for Retail Research (CRR). These included Boots, Shoe Zone, Homebase and others. While 56%...

7 January 2025

Retail media: Kiabi makes official agreement with Valiuz Adz

As revealed by mind Retail in January 2024 and made official on December 12, Kiabi (2023 sales: €2.21 billion, up by 1.1% in a year after rising by 22% in 2022) is launching a retail media...

20 December 2024

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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