News brief

…While in 2021 Asia recorded export growth of 13.8% (compared to annual growth of 0.2% in 2020); the WTO predicts that this growth will reach only 2% in 2022.

27 April 2022

Deliveroo condemned for concealed work

This is the first criminal trial involving delivery and quick-commerce companies. On 19th April, the Paris Criminal Court sentenced Deliveroo (turnover of €8.1 billion in 2021) to a...

22 April 2022

USA: E-commerce returns breaks records

…In the USA, retail product returns reached US$761 billion in 2021 according to the NRF and Appriss Retail. The rate of returns was 16.6% of total retail sales in 2021, up from 10.6% in...

22 April 2022

Russian nationals banned from Chanel products…except in China

…While Chanel bans Russian customers from buying luxury goods, Chinese stores are exempt. Sanctions against Russia, voted in March by the European Union, prohibit European brands from...

21 April 2022

China. Can a zero-Covid strategy turn into zero growth?

After Shanghai and 25 million people locked down from the end of March 2022, 45 other Chinese cities are currently under partial or total confinement. This represents 373 million people. This is...

21 April 2022

Ikea deploys augmented reality in Brooklyn

Ikea Group launched Space Unfolded, an immersive space in Brooklyn on February 27th. Customers design their own interior using augmented reality. This service is located within the Ikea store in...

21 April 2022

Walgreens & Algolia : for an IA-based customer experience

In the U.S.A., the drugstore retailer Walgreens (turnover of US$ 67.7 billion in the six months to February up by 5.4% year-on-year) has joined forces with the search engine specialist Algolia.

15 April 2022

Online sales down 6.5% for Tesco

Tesco, the U.K.’s leading supermarket chain, published results for the year ended 26th February 2022. Global turnover was €66.3 billion (excluding fuel), up 2.5% compared to 2020.

15 April 2022

Salsify, the owner of Alkemics, reaches a US$2 billion valuation

With fundraising of US$200 million on April 13th, Salsify (2021 revenues of US$111 million, up by 53%) is now valued at US$2 billion. The TPG fund, which acquired a stake in Salsify, Permira...

15 April 2022

India : Reliance, Flipkart and Pepperfry drive warehouse demand

According to a study by Retailers Association of India, retail sales in India rose by 28% in March 2022 (year-on-year), quickly returning to growth after the Covid-19 Omicron wave in January.

15 April 2022

Online “off-price” sales reached €17 billion in 2021

The digitalisation of the outlet sector continues. According to a McKinsey study, the online market of off-price retail soared since 2020. It should grow 5 times faster than standard retail...

15 April 2022

Mangopay is now American

Advent International acquired Mangopay, a payment solution for marketplaces,without revealing the investment. As a previous owner, Credit Mutuel Arkea is reinvesting in Mangopay as a minority...

15 April 2022

Singapore. Poor results for retail in February

In February 2022, Singapore’s retail sector (excluding car sales) declined by 1.8%. In January, its sales increased by 16.1% year-on-year.

7 April 2022

Picnic wins €1 billion sales and automating with TGW

Dutch pure-player Picnic (selling in Germany and in France) has more than doubled sales from €470 million to €1 billion in 2021. “The model is profitable,” Grégoire...

7 April 2022

Casino and Lulu Group review their strategy in the Middle East

The grocery retail market is evolving in the United Arab Emirates. At the beginning of April 2022, the Casino Group‘s business (total sales of €30.5 billion in 2021, down by 0.8% on a...

7 April 2022

Fashion. Brussels wants a greenwashing blacklist

While Shein has just launched the #sheinact, a challenge to sort out one’s wardrobes through a Tik Tok challenge and a physical barter system, Brussels wants to establish a...

6 April 2022

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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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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...

21 August 2026