News brief

The Norwegian group Adevinta, parent company of Leboncoin C2C website, is changing shareholders. A €12.1 billion offer from a consortium of private equity funds (Blackstone, Permira, General...

30 November 2023

According to PWC, U.S. shoppers will spend US$1,530 in the holiday season

According to a survey from Pricewaterhouse Coopers (amongst 4,000 US consumers and published in October), the average budget for the holiday season will reach US$1,530 this year. This represents...

24 November 2023

BNPL: Affirm and Klarna cope with rising interest rates

With sales of US$497 million in the quarter to September 2023 (up by 37% year-on-year), US BNPL specialist Affirm reported revenue of US$50 million, exceeding analysts’ consensus, reported...

23 November 2023

After a good Q3, Walmart’s annual sales should grow by 5%

In the quarter ended October 27, Walmart‘s sales grew by 4.3% at constant exchange rates, reaching US$160.8 billion. U.S.A. sales rose by 4.9% excluding fuel, while online sales surged by...

17 November 2023

According to the World Bank, an oil barrel could exceed US$150

As a consequence of the war between Israel and Hamas, the price of a barrel of oil could exceed US$150, warned the World Bank on October 30th, 2023. The institution also unveiled an optimistic...

8 November 2023

Bangladesh: pay rise by 56 % after unprecedented strike by clothing workers

Ten years after the collapse of the Rana Plaza factory, the Bangladesh government announced on November 7th, 2023 an increase of 56% of the minimum wage in the textile sector. From US$75 per month...

8 November 2023

DSA: Brussels orders AliExpress to clarify anti-counterfeiting actions

On November 6th, the European Parliament ordered AliExpress (unique visitors per month : 12.88 million in France, according to Mediametrie) to provide information on anti-counterfeiting measures...

7 November 2023

In India, Sephora becomes part of Reliance Retail

In Q1 2023, Reliance Retail Ventures abandoned talks to obtain the exclusive rights to operate Sephora’s business in India. However, in November, the country’s retail giant finally won...

7 November 2023

B2B : Amazon launches a BNPL offer for professional customers with Affirm

Amazon is about to offer a fractional payment option on Amazon Business, the e-commerce platform for professional clients, CNBC revealed. The U.S. retail giant, which has just published good Q3...

7 November 2023

E-commerce: Omnicom acquires Flywheel Digital for US$835 million

On October 30th, the U.S. communications group Omnicom (owner of BBDO, OMD and TBWA) announced a takeover of Flywheel, the e-commerce subsidiary of the British group Ascential, for US$835 million...

3 November 2023

Travel retail: L’Oréal penalised by Beijing’s crackdown on illicit retailers

According to published Q3 results in mid-October 2023, L’Oréal reported sales of €10 billion in the quarter to September 30, up by 4.5% in total and by 11% on a comparable basis...

2 November 2023

China: home appliances record a third consecutive month of drop, furniture at a standstill

In China, the property crisis has been impacting all sectors of the economy. According to the National Bureau of Statistics, two retail verticals have been particularly hard hit since June...

2 November 2023

Zero-carbon stores: a new controversial claim for Amazon

Having abandoned goal of achieving 50% “zero-carbon” shipments by 2030, zero-carbon is making a comeback in Amazon’s media communications. In Seattle, an Amazon Fresh store (3250...

31 October 2023

The EU Parliament voted to ban imports of products made with forced labour

On Monday 16th October, the Brussels M.E.P.’ serving in the Internal Market and International Trade committees voted in favor of the draft regulation presented by the European...

20 October 2023

South Korean group Lotte conquers Vietnam

Having withdrawn from the Chinese market, South Korean conglomerate Lotte is increasing investments in Vietnam, like other rivals. On September 23rd, the mixed-use complex, Lotte Mall West Lake...

16 October 2023

Klarna claims 100 million European customers

Amid a backdrop of tighter regulation for BNPL with a revision of the European Credit Directive, online payment and BNPL solution provider Klarna reported a 14% increase in business volume in...

13 October 2023

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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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Italy seizes €27.4 million from CEVA Logistics for fraud and undeclared labour

On March 3, 2026, Italian tax authorities announced the seizure of €27.4 million from two Italian subsidiaries of French supply chain specialist CEVA Logistics, itself a subsidiary of the...

5 March 2026

Conflicts in the Middle East: what impact on the supply chain and European retail?

With US and Israeli strikes on Iran triggering a major crisis on February 28, 2026, retailers already have to face the closure of strategic trade routes, rising freight costs and import...

5 March 2026

Following a complaint from the FTC, Walmart agrees to pay US$100 million to Spark delivery drivers

On February 26, 2026, Walmart (2025 revenue: US$713.2 billion, up by 5.1% at constant rates) agreed to pay US$100 million in response to allegations of misleading compensation to delivery drivers...

4 March 2026

Social media & age verification: Tech breaks the glass ceiling of precision

As an array of international governments restrict social networks access for teenagers under 15 or 16, new facial recognition technologies from Yoti, Persona and k-ID are making progress in...

13 March 2026

Faced with sluggish demand, The Home Depot and Lowe’s cut 1,400 jobs and reaffirm a B2B focus

In the United States, with the home improvement and D.I.Y. market under pressure, retail leaders are reorganising. Home Depot and Lowe's, respectively No. 1 and No. 2 in the market, announced...

25 February 2026

Search AI : in the retail sector, 25% of AI queries are transactional

For mind Retail, online SEO specialist Ahrefs analysed retail queries on AI search engines. The goal was to measure the proportion of transactional prompts compared to informational ones. The...

2 March 2026