News brief

China’s economy slows in Q3
Following the 2.3% increase of the Chinese economy in 2020, will the 6% target be reached this year?
22 October 2021
The inventor of Apple Stores, believes in “Commerce at Home”
Ron Johnson. This is the story of a modern retail guru (in 2001, Johnson helped Steve Jobs create the first Apple Store) who predicts the advent of what he calls “Commerce at Home” in...
15 October 2021
Fast Retailing expects a return to normal in H1 2022
In the fiscal year ending August 2021, Fast Retailing, including Uniqlo, Gu, Comptoir des Cotonniers, Princesse Tam Princesses and Theory, reported sales of US$18.7 billion (at current exchange...
15 October 2021
Faguo. “Train’s carbon impact is slightly higher than a boat”
Following the annual carbon annual survey for 2020, the footwear retailer Faguo changed tune in terms of promoting supply transport.
15 October 2021
Benetton moves manufacturing closer to Europe
Faced with logistical disruptions due to the global economic recovery and factory closures in Vietnam, Benetton has decided to rely less on Asia.
15 October 2021
Marjane launches express delivery in Morocco
In early October 2021, Morocco’s biggest retailer Marjane launched 1-hour delivery in Casablanca.
11 October 2021
Qatar. Lulu Hypermarket deploys bulk offering
In the end of September 2021, the grocery retailer LuLu Hypermarket (US$7.4 billion turnover in 2019) opened its 15th store in Qatar (Abu Sidra shopping centre in Muaither, sales area of 24,000...
11 October 2021
Miniso opens a flagship store in Dubai.
Located within the Dubai Mall, a new 390 sq.m Miniso store opened in late September 2021. This is the 25th Miniso store in the United Arab Emirates. Miniso is also listed on Noon’s...
11 October 2021
Wholesale. Sokowatch wants to conquer Africa
While Rocket Internet withdrew from Jumia’s capital in 2020, the Sokowatch e-commerce platform is offering a more efficient way of sourcing merchandises to local convenience stores.
11 October 2021
Noon raises US$2 billion to win the online race
In the Gulf, the battle for online sales is raging. The Noon marketplace (4 million daily users) is to receive US$2 billion over the next three to four years from investors including the...
11 October 2021
[Exclusive] Wholesale pure-player Boxed to grow by 40%
Although it remains smaller than Sam’s Club and Costco, the online retailer Boxed is showing insolent growth in the online wholesale sector.
11 October 2021
What future for quick Commerce ?
Gorillas, Cajoo, Flink or even Glovo offer a vertical model combining dark stores, picking and delivery. These companies rent B-locations for urban hubs, with a street address with access for...
11 October 2021
Emaar Malls to sell its fashion website Namshi
In the U.A.E., a refocusing is underway in the retail property sector. The Dubai-based Emaar Malls (a subsidiary of Emaar Properties and owner of The Dubai Mall and Dubai Marina Mall) aims to sell...
1 October 2021
China. Property giant Evergrande is shaking up the global economy
Chinese developer Evergrande (US$304 billion in debt in June 2021) announced at the end of September that it was selling its stake in Shengjing Bank to a state-owned company for US$1.55 billion.
1 October 2021
Asos will link its executives’ salaries to the achievement of “green objectives”
On 16 September, Asos announced that from 2022 the senior executive team salaries will be dependent on the company’s success in reducing waste and carbon footprint to zero by 2030.
24 September 2021
Pandora, highly profitable, enhances annual forecast
In Q2 2021, Pandora’s turnover (jewellery and accessories) increased by 13% compared to the same period in 2019.
24 September 2021
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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
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...
21 August 2026
2
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...
3
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...
4
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...
24 August 2026
5
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...
6
Lidl’s owner continues cloud services offensive
With €2.2 billion in cloud revenue and growth 3 times faster than the rest of the business, Schwarz Group continues a technological shift. Between investments in its own data centres, buyouts in...
1 September 2026