News brief

Western Union takes turn in retail media
On November 11, financial transfer and payment network Western Union announced the launch of a retail media service, both in agencies and online. The American group aims to provide advertisers...
29 November 2024
California: first flagship dedicated to live shopping on TikTok
Gone are the days of content creators live-streaming from a bedroom. On November 21, digital agency Outlandish opened a first store in the U.S.A. dedicated to live shopping on TikTok Shop. In...
28 November 2024
Kohl’s sales plunge 8.8% in Q3, penalised by insufficient private label inventory
American chain Kohl’s (2023 sales 16.6 billion dollars , down by 3.4%, 1,100 stores in 49 states) is going through a difficult period. Quarterly sales to November 2 fell by 8.8%...
28 November 2024
Delivery Hero prepares Talabat’s I.P.O. for Dubai Stock Exchange
German delivery giant Delivery Hero (GMV of US$51.2 billion in 2023, up by 5.7% in 70 countries) is aiming for US$1.5 billion when Talabat, the very dynamic subsidiary in the Middle East, is...
21 November 2024
After a US$1.5 billion disposal, Advance Auto Parts closes 15% of its stores
In the U.S.A., Advance Auto Parts (AAP, 69,000 employees at the end of 2023), the American auto parts specialist, announced a closure of 727 stores (523 Advance Auto Parts, 204 Carquest) and 4...
21 November 2024
Majid Al Futtaim launches retail media solution in the Middle East
The Majid Al Futtaim conglomerate (sales 2023 of US$9.4 billion up by 1.1%, after + 12% in 2022) launches Precision Media, a new media business. This offers a suite of in-store, onsite and offsite...
18 November 2024
To combat theft, Walmart tests the unlocking of its display cases by smartphone
The world’s largest retailer Walmart (sales of US$648 billion up 5.5% in 2023, up by 5.4% in Q2 to July 2024) is stepping up efforts against theft. While many products with average face...
15 November 2024
Seven & i drops the curtain in Israel
After only 18 months of selling in Israel, the world’s 4th largest food retailer by sales, Seven & i Holdings (sales 2023: US$127 billion, down by 2.9%) confirmed closure on November 12...
14 November 2024
Bonpoint to be sold to China’s Youngor
The EPI group ( Bonpoint, Weston, Piper-Heidsieck, Charles Heidsieck and Biondi-Santi brands) is looking to sell the upmarket children’s label Bonpoint. According to La Lettre, it is...
14 November 2024
Klarna files I.P.O. document with Wall Street
The I.P.O. of Sweden’s Klarna is taking shape. On November 12, the Swedish BNPL company announced that it had “confidentially” filed a first version of a registration document...
14 November 2024
Cyberattack: 45,000 Picard customers’ data compromised
Frozen food specialist Picard (€1.8 billion in sales in 2023, up 5.9% in one year) has fallen victim to a cyberattack involving customers’ personal data. “We detected, via...
13 November 2024
Simbe raises US$50 million to deploy computer vision robots
On October 24, U.S. retail tech company Simbe Robotics closed a US$50 million Series C round, led by Goldman Sachs, with investors Eclipse Ventures and Valo Ventures. Its 1.8-meter white robots...
7 November 2024
Retail property: Blackstone strengthens on the U.S. West Coast with a US$4 billion acquisition
On November 6, 2024, U.S. investment fund Blackstone (US$336.1 billion in assets) announced the acquisition of Retail Opportunity Investments Corp (valued at US$2.13 billion) for approximately...
7 November 2024
With US$1.72 billion, Lulu signs the biggest I.P.O. of the year in the Gulf
U.A.E.-based Lulu Retail Holding (2023 sales of US$7.3 billion via 260 supermarkets and 24 malls) raised US$1.72 billion in an initial public offering on the Abu Dhabi Stock Exchange (ADX) on...
6 November 2024
After raising US$27 million and doubling retail clients, Stoïk wants to accelerate in fashion
Ahead of Black Friday, on November 29, Stoïk, a specialist cyber risk insurance solution, signed an agreement with the French Fashion Federation (Fédération Française du...
4 November 2024
Alibaba strengthens payment security for third-party merchants to accelerate B2B growth
A year after acquiring Visable, a B2B e-commerce platform publisher, Alibaba (2023 sales US$130.4 billion, up by 8%) launched Trade Assurance on October, 28. On Alibaba.com B2B platform (the...
31 October 2024
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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
AI agents: the KPIs that led L’Oréal to scale up across its warehouses
After testing 7 AI agents in its warehouses, L’Oréal is scaling up. Deployed to coordinate picking waves, manage replenishment and handle stocktaking, Manhattan’s agents have helped cut several...
20 October 2026
2
How Mobilier de France reduced the share of cheque payments from 80% to 50%
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...
15 October 2026
3
Danone turns to AI to personalise marketing campaigns and test advertising in ChatGPT
AI is being rolled out across some marketing activities, while others remain in a testing phase. If campaign automation and personalisation are among the most advanced applications, visibility in...
16 October 2026
4
Julien Cailleau, Oney: “With 3 retailers, we are testing the use of Valiuz data to streamline financing approvals”
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...
29 October 2026