News brief

On March 18, Apple (sales of US$383.3 billion down by 2.8% in the fiscal year to September 2023, net margin of US$97 billion down by 2.8%) opened Apple Jing’an, an 8th store in Shanghai with...

21 March 2024

Travel retail in Thailand: Siam Piwat targets wealthy tourists

Following an investment of US$28 million in Q4 2023, which should double this year, Thai operator and developer Siam Piwat (turnover of US$1.54 billion in 2023) is negotiating a partnership with...

20 March 2024

The Home Depot improves efficiency for B2B clients through a dedicated supply chain

In 2024, The Home Depot is continuing B2B investments. After acquiring B2B distributors HD Supply Holdings (2020) and Construction Resources (planned for 2024), the chain plans to add 4...

19 March 2024

Dollar Tree reevaluates its portfolio and targets higher income consumers

On 13 March, discounter Dollar Tree (US$ 30.6 billion turnover in 2023, up 8%) announced closure of 6% of stores (1,000 units out of 16,774). The operator of Family Dollar (acquired in 2015 for...

19 March 2024

Strategic expansion in the Middle East for The Conran Shop

The Conran Shop (sales of €30.75 million in the FY to March 2022, up by 65%) is moving part of the business to the Middle East. The home furnishings retailer (13 stores in 4 countries in...

14 March 2024

Ukraine: After Pandora, Yves Rocher and H&M, Zara resumes partial operations

Pandora and Yves Rocher re-opened in Ukraine after suspension at the start of the war, followed by Sweden’s Hennes & Mauritz (H&M) with 7 of 8 stores in Ukraine for Kyiv and Lviv...

13 March 2024

[mind Retail Exclusive] Carrefour disengages from Africa

According to our sources, Carrefour is progressively withdrawing from Africa, which began in 2013 with the creation of a joint venture between CFAO (55%) and itself (45%). In...

8 March 2024

[confidential] Skello relies on Open-Ai to speed up the creation of sales schedules

From March onwards, Skello, which specialises in scheduling tools for in-store team members, will be integrating a generative AI function. After launching quarter-hourly planning in the summer of...

7 March 2024

Alshaya closes nearly half of stores in Egypt’s troubled economy

After 18 years in Egypt, Kuwaiti operator Alshaya decided at the start of 2024 to cut more than 40% of its local business, closing 60 of 145 local stores in the coming weeks. The lay-off plan...

7 March 2024

Regulatory : Vietnam wants to revitalise shopping streets

Five years after the creation of the CPTPP trade agreement with the U.K., Canada, Japan, Malaysia, Vietnam, Singapore, Brunei, Australia, New Zealand, Chile, Mexico and Peru, Vietnam is...

6 March 2024

Lulu Group to build a major mall of 288,000 sq.m in Ahmedabad

In 2024, Abu Dhabi-based retailer Lulu Group (global annual turnover of US$7.3 billion in 2023) plans to build one of India’s largest malls. Located in Ahmedabad it will cover 288,000 sq.m...

5 March 2024

Aramco strengthens in South America with the takeover of Esmax

On 1 March 2024, Saudi Arabian oil company Aramco (valued at US$7.62 billion) acquired Chile’s Esmax Distribucion SPA from the Southern Cross Group (100% buyout, amount not disclosed). The...

5 March 2024

Travel retail: China wants South-East Asia to become a visa-free zone

China is stepping up the number of agreements with neighboring countries, to relax or even lift visa policies. Since March 1, 2024, citizens of China and Thailand can travel to the other country...

1 March 2024

USA: Ikea wants to take advantage of falling valuations and acquire more malls

While e-commerce has plateaued at around 25% of sales for the past 2 years, Ingka Group (total sales €47.6 billion in 2023, up by 6.6%) is stepping up property investments. Last week, Cindy...

1 March 2024

Temu wants to open a digital marketplace to American sellers

The e-commerce platform Temu (a subsidiary of PDD Holdings, Pinduoduo’s parent company), known for low-value products, is expanding considerably. By October 2023, Temu was selling into 47...

27 February 2024

Electronics: Currys to be taken over by China’s JD.com?

After selling off the Greek business in November 2023 and cutting operating costs, Currys PLC (€4.9 billion turnover in 6 months to the end of October 2023) could receive a takeover bid from...

27 February 2024

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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

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

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

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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Electronic shelf labels: why the US regulator threatens rollout

In the USA, the Federal Trade Commission has just required full transparency on the use of pricing algorithms based on personal data, under threat of penalties. In this regulatory framework...

21 August 2026