News brief
Michel Chalhoub dies at 89
Michel Chalhoub, Chairman and Founder of the Chalhoub Group, died on July 30, 2021 at the age of 89. He leaves behind a family-owned group that has become a key player in the Middle East luxury...
20 September 2021
Gemo is advancing in Africa
In 2020, Gemo’s turnover fell by 12% to €720 million via 440 stores worldwide. Having opened stores in Tahiti and New Caledonia (the Noumea unit is in the Top 10), a second store will...
20 September 2021
UAE’s e-commerce is progressing
According to Euromonitor, e-commerce reached US$3.9 billion in the U.A.E. in 2020, reaching 8% of retail sales (Dubai Chamber of Commerce and Industry).
20 September 2021
Dubai. Carrefour launches a first standalone supermarket
Majid Al Futtaim, Carrefour’s franchisor for 30 countries in the Middle East, Asia and Africa, inaugurated its first standalone supermarket on September 6, 2021.
20 September 2021
Gulf Sovereign wealth funds eye Selfridges
In the end of July 2021, the British department store operator Selfridges said it was considering a sale. Credit Suisse sent an information memorandum to potential investors. Selfridges operates 4...
20 September 2021
Auchan Retail revenue still sluggish in H1
In the first half of the year 2021, Auchan Retail’s sales fell by 2% on a comparable basis, to €14.9 billion excluding V.A.T. Profitability improved to €594 million. In France...
20 September 2021
Kingfisher and Adeo test urban shores
After the deployment of “pedestrian food drives” in European city centers, will D.I.Y. retailers follow a similar path? For the time being, retailers are piloting numerous small...
17 September 2021
Buy Now Pay Later. Ikea invests in Jifiti
In early September 2021, the Swedish retailer Ingka (390 Ikea stores in 32 countries, 45 shopping centers plus an e-commerce site accounting for 18% of last year’s turnover) invested US$...
17 September 2021
Square aims for seamless mobile payment in retail
The U.S. payment solution specialist Square, founded by Jack Dorsey (co-founder of Twitter) is now allowing retailers to accept mobile payments via its Cash App Pay functionality.
17 September 2021
Sainsbury’s and Tesco move towards store/warehouse pay equality
In the U.K., retail staff are demanding that employers achieve pay equity between shop jobs (predominantly female and lower paid) and warehouse jobs (predominantly male).
16 September 2021
Deliveroo still making a loss in the first half of the year
Will Deliveroo’s business model ever be profitable? Boosted by successive lockdowns, the business doubled in the first half of 2021, going from 75 to 149 million deliveries: double those of...
3 September 2021
Footfall is still sluggish in British city centers
Even though home office recommendations were lifted on July 19, British workers are not returning to the office in numbers, thus penalising retail activity in city centers, summarises the think...
3 September 2021
Brazil. More than 60% of online sales for the home-electrical leader
At the home electrical retailer Via Varejo, 61% of the turnover in the first half of 2021 came from e-commerce against 30% before the pandemic.
3 September 2021
U.S.A. The wholesale disruptor, Boxed, soon to go public
The delivery company Boxed (selling groceries and supplies in bulk volumes) is going to go public by merging with a SPAC (Seven Oaks).
3 September 2021
Amazon to roll out deferred payment with Affirm
In the US, Amazon has confirmed that Affirm’s “Buy Now, Pay Later” payment option, currently under test, will be offered more widely on its website in the coming months. The...
3 September 2021
Xi Jinping’s announcements send luxury stocks tumbling
Will the display of luxury brands become taboo among Chinese wealthiest class? Since August 17, the stock prices of LVMH, Kering and Richemont remain at half-mast.
3 September 2021
Our mind news
Swedish fintech Klarna is expanding long-term financing in Germany and the UK, with an imminent launch, followed by France, where POCs are already underway with major e-retailers. The BNPL...
- Retail
- mind Exclusive
- Retail tech
18 March 2026
As the adoption of AI results in increasing cost volatility for companies, mind Retail spoke in Monaco with Christelle Glaszer, Manager of Indirect Purchases at Aroma-Zone natural beauty retailer...
- Retail
- mind Exclusive
- Retail tech
13 March 2026
Signing of three high-end clients, launch of a maintenance passport, imminent Seed funding round and cloud migration project in China… At a 1-to-1 conference in Monaco, the Founder of Prolong...
- Retail
- mind Exclusive
- Retail tech
12 March 2026
While the European Commission is set to vote on delegated acts to specify requirements for home appliances, Darty is accelerating a Digital Product Passport (DPP) push by integrating new products...
- Retail
- mind Exclusive
- Retail tech
11 March 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
Electronic labels: Hanshow accelerates breakthrough and signs with a leading British retailer
While the leader in electronic labels, Vusion exceeded €1.47 billion in revenue in 2025, rival Hanshow is stepping up a global offensive, winning a strategic account in the U.K. and a new POC for...
- Retail
- mind Exclusive
- Retail tech
27 February 2026
2
Conflicts in the Middle East: what impact on the supply chain and European retail?
With US and Israeli strikes on Iran triggering a major crisis on February 28, 2026, retailers already have to face the closure of strategic trade routes, rising freight costs and import...
- Retail
- Economy and regulators
- News
5 March 2026
3
BNPL: Between healthcare and retail, Scalapay accelerates a P.O.S. offensive with two major signings
Building on a strong foothold in fashion, Scalapay is strengthening in-store penetration targeting players in the healthcare sector. According to our information, the Italian BNPL unicorn has...
- Retail
- mind Exclusive
- Retail tech
25 February 2026
4
Regulatory: With 200,000 Digital Product Passports issued, Darty scales up
While the European Commission is set to vote on delegated acts to specify requirements for home appliances, Darty is accelerating a Digital Product Passport (DPP) push by integrating new products...
- Retail
- mind Exclusive
- Retail tech
11 March 2026
5
Profound raises US$96 million in Series C funding, becoming a first GEO unicorn
Founded in 2024 in New York by James Cadwallader, GEO startup Profound raised US$96 million on February 24, 2026, in a Series C round led by Lightspeed Venture Partners, including Sequoia Capital...
- Retail
- Property and investors
- News
25 February 2026
6
Agentic commerce : After Stripe, Mirakl partners with JPMorgan Payments
On March 10, 2026, Mirakl and JPMorgan Payments (JPMP) unveiled a partnership to deploy agentic commerce by combining the Mirakl Nexus agentic orchestration platform with the U.S. bank’s...
- Retail
- Retail tech
- News
16 March 2026