News brief

PayPal is moving towards mobile payment in stores
The online payment platform PayPal (turnover of US$25.6 billion in 2021, up by 18%) wants to transform smartphones into payment terminals – thanks to a simple application. It announced the...
12 May 2022
Adidas expects a difficult year in China
In Q1 2022, Adidas‘ sales in China fell by 35% year-on-year, at constant exchange rate. The company’s total activity remained steady with sales of €5.3 billion. This was up by...
12 May 2022
Brazil. Food retailers want to create a common marketplace
Brazil’s largest retail association ABRAS, which hosts 1,200 grocery retailers managing 90,000 stores, wants to create a common digital marketplace. Out of 1,200 members, around 100 have...
9 May 2022
Cegid signs with Tiffany & Co
;;;Tiffany & Co (a subsidiary of the LVMH group for one year) signed with Cegid to adopt the Cegid Retail unified commerce technology platform Cegid Retail Y2.
6 May 2022
Japan. Will Muji be the key to boosting Lawson’s sales?
…On 22 May, the Japanese convenience store chain Lawson (14,656 stores, turnover of US$5.5 billion in 2020) strengthened the partnership with Muji, already distributed in 110 stores since...
5 May 2022
Redevco enters the city logistics business
…The Dutch private property asset manager Redevco is now the majority shareholder of Redos, a German investment group specialising in urban logistics and also retail parks (€3.4...
4 May 2022
Galeries Lafayette and Printemps eye retail media potential
…Galeries Lafayette and Printemps are considering the potential of retail media. With margin rates of around 40%, retail media does not leave retailers indifferent. According to our...
4 May 2022
Metavers: Meta opens a physical store in California
…On May 9, Meta (turnover of US$115 billion in 2021, up by 38%) will open a first physical store on the company’s campus in Burlingame, California. This 144 sq.m Meta...
4 May 2022
Seven and I Holdings opens governance to the international market
Article written by Regine Eveno and published on April 29, 2022…How to bring new skills and a more offensive strategy to the United States, where 7-Eleven’s 24-hour convenience stores...
28 April 2022
2MX Organic acquires InVivo Retail to become leader in local food
…The SPAC (investment vehicle for acquiring a company) created by Xavier Niel, Matthieu Pigasse and Moez-Alexandre Zouari and named 2MX Organic is interested in InVivo Retail (1,600 points...
28 April 2022
USA. Prices are up but so are sales
…In March, inflation rose by 8.5% year-on-year, a record for the US since the 1981 crisis. Over one month, this increase amounts to 1.2% according to the CPI (Consumer Price Index).
28 April 2022
JD.com: Founder hands over to manager
Article written by Regine Eveno and published on April 29, 2022…Billionaire Richard Liu, the founder of JD.com, often referred to as the “Chinese Amazon”, is handing over to a...
27 April 2022
UK. Asda to handle returns for 100 retail partners
…On 22nd April, 48 Asda stores (2021 turnover of €24 billion, up by 0.6 compared to 2020) became partners with e-retailers to allow customers to return parcels when they...
27 April 2022
Lululemon launches two new loyalty programmes
…Sportswear specialist Lululemon is optimising loyalty and will launch two membership schemes in early autumn. One is free to allow preview access to new collections as well as invitations...
27 April 2022
With LazEarth, Lazada takes another step towards sustainability
Article written by Sophie and published on April 29, 2022…Alibaba subsidiary Lazada (whose international trade turnover amounted to €2.1 billion in Q4 2021, up by 34%) launched...
27 April 2022
China. 1st mall dedicated to luxury in Guiyang
…Guiyang Xingli Group will open a 7th shopping mall in Guiyang, capital of Guizhou province (south-west China) this year. The special feature of this mall, called Lavant Shopping...
27 April 2022
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1
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...