News brief

TikTok Shop launches in Japan and secures a future in Indonesia
Bytedance is preparing to launch TikTok Shop in Japan. This is expected from a change in the app’s privacy policy in Japan, which now refers to “shopping features,” according to...
Colruyt and Carrefour rebalance European assets
On June 17, the Les Mousquetaires Group (2024 sales: €42.5 billion, up 6.4%) announced exclusive negotiations to acquire 81 Colruyt stores, 44 petrol stations, and 1,300 French staff. The...
19 June 2025
Faced with trade tensions, Shein and Asics are ramping up Indian production
In India, Shein and Asics are increasing production capacity to respond to trade tensions and secure supply chains. Shein (2024 revenue: US$38 billion, up 19%), which returned to India in February...
18 June 2025
ChatGPT’s audience doubled in 4 months, OpenAI aims for 100% increase in revenue
According to data from Demandsage, ChatGPT’s total audience reached 800 million weekly active visitors in April 2025. By way of comparison, this was 400 million in February 2025 and 300...
18 June 2025
Italy’s Conad to invest €258 million in store network
On June 9, the Italian group Conad (2024 revenue of €21.1 billion, up 4.5% year-on-year after a rise of 8.1% in 2023) announced an investment of €258 million by 2027 in a network of...
17 June 2025
With stablecoins, Walmart, Amazon, and Shopify want to break free from traditional banking channels
In the US, payment disintermediation continues. Walmart (2024 revenue: US$681 billion, including approximately US$100 billion online) and Amazon (2024 revenue: US$638 billion) are considering...
Financière Agache, a Bernard Arnault’s holding company, exits Lagardère’s capital
It’s the end of a strategic partnership. According to the AMF, Bernard Arnault’s holding company Financière Agache sold the remaining 7.97% stake in the Lagardère group...
17 June 2025
Faced with customs duties, free delivery is on the decline in the U.S.A
In order to offset additional costs associated with customs duties (10% for most countries and 30% for China), U.S. retailers are beginning to tighten delivery policies. Recently, subscription toy...
12 June 2025
Portugal: a Glovo delivery rider recognised as an employee by the Supreme Court
In a ruling on May 28, the Supreme Court of Justice of Portugal reclassified the relationship between an independent food delivery rider and the Glovo platform as an employment relationship. The...
6 June 2025
China’s Wanda sells 48 malls in mega deal
In China, real estate developer Dalian Wanda Group (513 Wanda Plaza malls covering 70.9 million sq.m) is selling 48 shopping centres in a US$6.94 billion deal. The buyer is a joint venture led by...
5 June 2025
Menswear brand Snitch raises US$40 million to expand in Asia and the Middle East
In India, men’s label Snitch (2024 sales: US$29.4 million, up 128% in a year, net margin ratio of 1.8% via 60 stores) raised US$40 million in Series B funding on May 27 (investors: 360 ONE...
5 June 2025
Valiuz signs with Auchan Spain and launches Valiuz Iberia
On May 13, Valiuz, the retail media agency for Mulliez brands, which will soon be integrated with Infinity Advertising, announced a partnership with Alcampo, the group’s Spanish grocery...
23 May 2025
To curb Amazon, Shein, Temu and AliExpress, Brussels wants to tax small parcels
On May 20, the European Commission proposed the introduction of a €2 tax on parcels under €150 imported into the EU. This tax, to be paid by the platforms, is intended to offset the...
22 May 2025
Dick’s acquires Foot Locker for US$2.4 billion
After JD Sports and Courir in November 2024, a consolidation trend continues. On May 15, Dick’s (sales 2024: US$13.4 billion, up by 3.5% year-on-year, net margin ratio 8.7%) announced the...
22 May 2025
B2B: Albertsons launches e-commerce platform for trade professionals
As merger plans with Kroger, the U.S.’s third-largest food retailer, fell through, Albertsons (2024 revenue: US$80 billion, up by 2% year-on-year) announced on May 6 an e-commerce platform...
Paolo de Cesare takes over as Chairman of Grandi Stazioni
Paolo de Cesare was appointed Non-Executive Chairman of Grandi Stazioni at the end of April 2025. Former Chairman and C.E.O. of Printemps Group (2007–2020) and then C.E.O. of luxury...
15 May 2025
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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
Faced with debt and declining sales, Fossil files for bankruptcy
Competition from Apple and Samsung in the smartwatch segment, collapsing sales, customs tariffs… Cornered with a debt of US$179 million, Fossil has filed several bankruptcy petitions in the U.S.A...
29 October 2025
2
Lululemon, Ralph Lauren, Gap and Levi’s enter peak season with high stock levels
Faced with rising customs tariffs affecting US imports, several retailers have built up significant inventories. Over a year, the stocks of Gap, Levi’s, Lululemon, Ralph Lauren and Academy Sports...
27 October 2025
3
France and Italy urge Shein to reassess a business model
While Shein continues to spark controversy through partnerships with Pimkie and BHV department stores (SGM), Italy announced plans to introduce a tax on Asian e-commerce platforms. In France, the...
13 October 2025
4
Casino : Jean-Charles Naouri tried for corruption and stock price manipulation
Two years after the French National Financial Prosecutor’s Office (PNF) concluded an investigation into Casino, the trial of Jean-Charles Naouri, C.E.O. of the retail group from 2005 to...
5
Nacera Bekhat, CNIL: “Walking through a store aisle does not mean I have consented to data processing”
Several vendors, like Veesion and Alfred Eyes, provide smart camera technologies aimed at capturing customer data throughout the store to prevent theft. How do these systems fit with GDPR? Some...
6
AI-driven job cuts on the rise in tech sector
As leading tech companies ramp up investment in artificial intelligence (AI) and roll out transformation plans to boost its development, layoffs across the sector are increasing. But are the job...
14 October 2025