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Less than 4 years after a US$2.1 billion takeover by VF Corp, luxury fashion brand Supreme could once again be under new ownership. Two months after opening in China with a 1st store, Supreme...

15 May 2024

Following Microsoft, Amazon invests US$9 billion in Singapore

On May 7, 2024, Amazon announced a major investment into AWS. Following Microsoft, which last week unveiled a US$4 billion investment in cloud computing and AI infrastructures in Malaysia and...

10 May 2024

Wayfair bets on omnichannel with a first U.S. flagship

Despite an 8.4% decline of the U.S. furniture market in 2023, Wayfair‘s annual sales remained stable in the U.S. domestic market, growing by 0.2% to US$10.4 billion. The DNVB, whose market...

7 May 2024

[Inflation barometer] Eurozone: FMCG prices rose in 2023 and remain 2 times higher than in the USA

The year 2023 was a brutal one for the retail sector, with consumers having no choice but to consume differently. In the USA, and even more so in Europe, inflation remained high, prompting...

30 April 2024

LVMH fund takes control of Kiko Milano

L-Catterton Management (US$35 billion in assets under management, including A.P.C., Ganni, Birkenstock…) announced on April 26, 2024, that it was taking a majority stake in Kiko Milano...

29 April 2024

Right to repair: Brussels adopts a directive to promote circularity

On April 23, 3 years after the AGEC law in France and in the wake of the CSRD, the European Parliament adopted the directive on the “right to repair“. The objective and products are...

26 April 2024

Israeli-Palestinian conflict: is companies’ neutrality a solution?

In 2024, along with McDonald‘s in Israel, and the Alshaya Group (owner of Starbucks franchises in the process of reducing 2,000 staff), international franchises in the Middle East are...

26 April 2024

Department stores: How Myer went from 7% to 20.5% of online sales

On April 17, 2024, department store chain Myer (sales of US$2.2 billion in the year to end-July 2023, up by 12.5%, via 56 stores) presented the results of rationalisation. Launched in 2019 by...

25 April 2024

Dubai: Spinneys targets an I.P.O. valuation of US$1.5 billion

On April 23, 2024, supermarket group Spinneys 1961 Holding (70 stores in the U.A.E. and Oman, a subsidiary of Al Seer) opened subscription of 9,000 shares in preparation for an I.P.O. on the Dubai...

25 April 2024

[mind Retail Exclusive] With its app, Mondial Relay enhances locker capacity

To optimize maximum capacity of lockers, Mondial Relay (a subsidiary of Polish Group Inpost) relies on the app, launched in Poland and also in France in October 2022. “Downloading our app...

25 April 2024

Lululemon: record profits in 2023 with worrying growth

This represents a marked slowdown compared with Lululemon’s pre-Covid-19 results. On March 21, Canadian sportswear retailer announced sales of US$9.62 billion in 2023, up by 19%. The net...

25 April 2024

B&Q: 10% of e-commerce sales come from product recommendations

At the World Retail Congress in Paris, Thierry Garnier, C.E.O. of Kingfisher (sales of US$14.98 billion in 2023, down 1.8% at constant exchange rates), highlighted two AI projects introduced in...

19 April 2024

Retail crisis in Morocco: international franchises in jeopardy

In 2024, the Moroccan retail sector is going through a tumultuous period, marked by the successive closures of international franchises. An example is the departure of two H&M stores belonging...

19 April 2024

China: Roche Bobois takes back control of Chinese franchisee

On April 10, 2024, the family-owned Roche Bobois Group (annual sales of €429.6 million to 31 December 2023, up 6.1% at constant exchange rates) announced a strategic shift in China. With 340...

11 April 2024

McDonald’s buys back Israeli franchise to curb boycott calls

While McDonald’s has been the subject of numerous calls for boycotts over the last 6 months, on April 4, 2024 the group announced the purchase of the Israeli franchisee Alonyal Ltd. Created...

11 April 2024

The Home Depot continues B2B expansion with acquisition of SRS Distribution

In the United States, on March 28, 2024, The Home Depot (sales of US$152.67 billion in 2023, down by 3% in one year with a net margin at 9.9% of sales, down by 11.5%) announced discussions to...

9 April 2024

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Agentic AI: Hymalaia attracts retailers and announces imminent fundraising

According to our sources, the young start-up Hymalaia is continuing development in retail with 4 new retailers currently in POC and an imminent fundraising. We examine the details.

16 December 2025

Refurbished smartphones: why Largo relies on Speeral automation

The start-up founded by the duo behind Teester and Skeepers is accelerating automation of second-hand product flows. The strategy is to use AI to direct products to high-traffic marketplaces such...

9 December 2025

Leroy Merlin and Aroma‑Zone launch in‑store analytics pilots with XXII

French retail tech XXII, which aims to become the Google Analytics and Contentsquare of physical stores, has already signed with 15 retailers and shopping centres, mind Retail learned. A year...

5 December 2025

Already in POC, Dialog’s conversational agent shows up in the search bar

Buoyed by a €3.8 million seed round closed in mid‑November 2025, French start‑up Dialog, specialised in AI‑based conversational e‑commerce, is accelerating. Initially placed on product pages, this...

4 December 2025

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Laurent Hugou (Les Mousquetaires): “With Diebold’s camera system, shrinkage at self-check-out is reduced by a third”

Shift towards an omnichannel payment service provider, roll-out of mobile payment and Diebold’s computer vision solution for self-checkout, impact of one-click payment on online sales, adoption of...

11 December 2025

How Maison 123 generated €420,000 on WhatsApp in 5 months

Riding on a reduction in Meta’s commercial policy, Wax start‑up specialised in WhatsApp engagement, is gaining ground, capitalising on messaging as a customer acquisition and retention channel in...

3 December 2025

Retail media: Marionnaud bets on print with Figaro to boost drive-to-store

According to our sources, Marionnaud’s beauty retailer will expand an advertising unit into 3 new countries in 2026 and is launching another retail media lever in the French key market. The goal...

26 November 2025

Carmila join forces with Unlimitail and JCDecaux to equip 252 malls

On December 9, Carrefour and Carmila signed a partnership with Unlimitail and JCDecaux to create a retail media network combining indoor DOOH and outdoor OOH across their sites in France and...

12 December 2025

Facing Temu and Shein’s offensive, Amazon cuts merchant fees

Asian marketplaces Shein, Temu and AliExpress, weakened in the U.S.A., are accelerating in Europe with very low, even zero, initial commissions. Amazon, as the global largest e-commerce player...

9 December 2025

With Grand Frais, Apollo makes a first move into European grocery retail

Through an agreement to acquire 70% of the operator of Grand Frais, the US investment fund Apollo aims to double stores and evolve a model that has so far been entirely focused on physical retail...

19 December 2025