News brief

Allbirds (27 stores in late June 2021), plans to list on the Nasdaq. In 2020, the company raised US$100 million in Series E funding, valuing the firm at US$1.7 billion, said WWD. Allbirds, which...

24 September 2021

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

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Eric Meulien, Al Futtaim: “The next step in our roadmap is to replace the in-store POS system”

Operating in 18 countries and managing brands such as Ikea, Zara and Marks & Spencer, Emirati group Al-Futtaim (2025 revenue: US$9.7 billion, up by 6%) has a unique vantage point from which to...

12 October 2026

Marketplaces: How Orange and Virgin Australia reinvent their value creation models

Looking to turn their audience into a commercial platform without having to carry the risk of holding stock, new verticals are entering the marketplace space, with new models designed to enhance...

8 October 2026

How Maison A.Constant built a unified customer database with n8n

Eager to bring together customer data and improve data accuracy, jewellery and watch retailer Maison A.Constant built its own Single Customer Repository (SCR) using n8n, an orchestration platform...

7 October 2026

Cashback: Younited secures an exclusive contract with Bouygues Telecom

Following Orange and the launch of a marketplace, Bouygues Telecom is strengthening a customer loyalty strategy by focusing on purchasing power with a new cashback offer. For French fintech...

16 October 2026