News brief
Tesco cuts 325 jobs at headquarters under margin pressure
…In order to save €572.55 million this year, Tesco announced on 5 October a set of more than 300 redundancies at head office and regional teams. The group is following in the...
13 October 2022
Retail Media: Galeries Lafayette and Rakuten leverage their data
…If Galeries Lafayette was already thinking about monetising customer data in May 2022, it is now a done deal. At the end of September, the group internally developed internally a retail...
- Retail
- Retailer and e-commerce
13 October 2022
Saudi Arabia invests US$1,000 billion in tourism
At the end of August 2022, Lagardère Travel Retail (Relay and Aelia Duty Free stores, turnover of €1.7 billion in H1 2022 down by 15% compared to H1 2019) won the concession...
6 October 2022
Apparel Group opens first “phygital” fashion store in Dubai
Sit comfortably on a couch in front of a giant screen showing brand images like Calvin Klein or Tommy Hilfiger. Select the items you like on the shelves provided. Move to a fitting room, just...
- Retail
- Retailer and e-commerce
- News
6 October 2022
Japan. Muji launches products for less than US$3.5
Minimalist homeware retailer Muji is launching a new concept called Muji 500, offering items for less than US$3.46 (500 yen). The first store opened in Tokyo on 30 September 2022, on the 4th floor...
4 October 2022
Ikea: sales fall by 10% in South Korea
In the financial year ending August 31, 2022, Ikea‘s turnover decreased by 10% in South Korea.
30 September 2022
Patagonia: Yvon Chouinard donates his company for the planet
Article by Regine Eveno, published on September 30, 2022…A pioneer in the defence of the planet and Founder of a group with a turnover of US$750 million in 2021 (via 80 stores worldwide)...
- Retail
- Retailer and e-commerce
29 September 2022
Luxury. Are Chinese now in the age of frugality?
…In China, the decline in luxury goods sales and the slowdown in G.D.P. (up by only 0.4% in Q2 2022) is giving way to a new market of second-hand luxury. In August 2022, the hashtag #why do...
- Retail
- Retailer and e-commerce
29 September 2022
Sephora Singapore adds consumer reviews into the store experience
…After a phase of qualitative studies in Shanghai and Singapore, Sephora inaugurated a new concept called “Asia store of the future” in Singapore on September 23, 2022, on 425...
- Retail
- Retailer and e-commerce
29 September 2022
UK. In six months, the B&Q marketplace drives 8% of the brand’s online sales
…In the six months to 31 July 2022, Kingfisher Group saw sales fall by 4.1% to €8.1 billion and profit fall by almost 30% to €562 million. Compared to the first half of 2019...
- Retail
- Retailer and e-commerce
28 September 2022
[Confidential] Guillaume Apostoly to join as C.I.O. for Sephora
…According to our sources, Guillaume Apostoly, Chief Information Officer of Maisons du Monde and member of the Board, is about to join Sephora (LVMH). He will replace Anziz El Ahdj, who has...
27 September 2022
Costco continues growth and profitability trajectory in Q4 2022
…Costco, the world’s 2nd largest retailer by revenue, saw sales increase by 15% in the quarter ended 28 August 2022, to US$72.09 billion. The wholesale chain is slowing down slightly...
27 September 2022
[Case study] Makro Belgium cut the equivalent cost of 200 full-time staff
BackgroundIn Belgium, the hypermarket chain Makro (sold by Metro AG to the investment company Bronze Properties in the summer of 2022) operates 6 stores and has an annual turnover of €500...
27 September 2022
A fund takes control of Eataly for €200 million
…Controlled by the Farinetti family, the restaurant-grocery chain Eataly (44 stores in 15 countries, turnover of €464 million in 2021), is preparing to continue expansion after selling...
26 September 2022
ID Kids to test SoftPOS payment
…In a bid to make a payment experience more transparent, the ID Kids childcare retailer will be testing “SoftPOS” mobile payment in stores from 2023. This new payment trend...
23 September 2022
[Use Case] Furniture retailer But quadrupled click-through rate with location-based SMS
…The contextAlthough for furniture retailer But (320 stores, total turnover of €2.12 billion in 2021), the paper leaflet remains the primary marketing and sales activation lever, the...
- Retail
- Retailer and e-commerce
23 September 2022
Our mind news
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
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
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...
- Retail
- mind Exclusive
- Retail tech
4 September 2026
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
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
Before an IPO, Shein forced to reveal margin erosion in 2025 and impact of US tariff shock
Made public ahead of a Hong Kong listing planned for September, Shein’s financial documents, seen by mind Retail, confirm the shift experienced by the fast-fashion retailer. Despite a 8% sales...
- Retail
- Property and investors
- Analysis
21 August 2026
2
O’Boticario rolls out AI diagnostics across 4,000 stores with Haut.ai
On August 18, Brazilian cosmetics retail chain O’Boticario (2025 GMV up by 6.7%) announced the deployment of skin analysis technology provided by Estonian start-up Haut.AI. It will be rolled...
- Retail
- Retailer and e-commerce
- News
21 August 2026
3
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
4
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
5
Walmart finally accepts in-store payments with Apple Pay and Google Pay
Sanctioned by financial markets after a sharp US slowdown in Q2, Walmart is reviewing a checkout strategy. Abandoning a rejection of technological giants, the group is rolling out Apple Pay and...
- Retail
- Retailer and e-commerce
- News
24 August 2026
6
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