News brief

Ulta. Dave Kimbell will have to make his mark
As announced, Dave Kimbell was appointed C.E.O. of Ulta Beauty in June 2021 (1,264 stores, sales of US$6.15 billion in 2020). He joined the Group in 2014 and moved up promotions before appointed...
17 June 2021
China’s wealthy are getting younger and younger
According to a study by Bain & Co. and China Merchants, China will have 3 million very wealthy individuals by the end of 2021.
17 June 2021
In Tokyo, Uniqlo opens the doors of a “Neighborhood” store
In early June 2021, Fast Retailing opened a 1,950 sq.m Uniqlo store in the historical and tourist district of Asakusa. 
16 June 2021
Auchan-Russia wants to accelerate online
Auchan-Russia will invest US$277 million up to 2024 to develop e-commerce business from soup to nuts, including creating a technical platform and building data.
16 June 2021
H&M stops lending suits for job interviews
The initiative launched in the United States and in the UK was highly commendable, but complex to operate. For 24 hours, a job candidate could reserve an H&M suit on the One/Second/Suit...
16 June 2021
Sephora and Crate & Barrel support the black cause
In the U.S.A., the “15% Pledge” is gaining ground in the retail industry. Launched by Sephora in 2020 following George Floyd’s passing in Minneapolis, around 20 retailers joined...
16 June 2021
Saudi Arabia. Carrefour automates e-commerce with Takeoff
For the Gulf region, a different equation is emerging for e-commerce. Carrefour in Saudi Arabia is opting for an interesting mix. To date, it is rolling out only one robotic warehouse per city...
15 June 2021
NRF is optimistic for retail in 2021
As predicted on June 9th by the National Retail Federation, U.S. retail sales (online and offline) are expected to grow between 10.5% and 13.5% this year.
15 June 2021
Etsy takes over the “British Vinted”
The Etsy marketplace (revenues of US$1.72 billion in 2020, + 111%) announced the acquisition of the British second-hand platform Depop for US$1.63 billion. This should be effective in Q3 2021...
15 June 2021
Pure-player Alltricks accelerates store openings
The bike specialist pure-player Alltricks reported sales up by 63% last year to €132 million.
20 May 2021
D.I.Y. European markets remain in fair growth
According to the Spanish professional Association AECOC, the D.I.Y. market grew by 36.5% in the first quarter of 2021 (year-on-year evolution).
20 May 2021
Leroy Merlin tests live shopping events
According to the latest studies by iResarch, Deloitte and Gartner, the conversion rate from enquiry to sale for a live shopping event varies between 15% and 35% depending on the country, compared...
20 May 2021
The man who transformed Best Buy
In 2020, Best Buy’s turnover reached US$ 47.3 billion, up by 8%. With 43% of sales online, it is one of the most omnichannel retailers in the world. As a comparison, rival Fnac Darty reports...
20 May 2021
L’homme qui a sû transformer Best Buy
En 2020, le CA de Best Buy a atteint US$ 47,3 milliards (+8 %) … Avec 43 % de ventes en ligne, c’est l’un des retailers les plus omnicanaux au monde. A titre de...
20 May 2021
With Guillaume Motte, LVMH strengthens its management team
Guillaume Motte, President of Sephora Europe and Middle East, has been appointed as Deputy C.E.O. to Sidney Toledano, who heads the LVMH Fashion Group (brands Céline, Givenchy, Marc Jacobs...
20 May 2021
Ikea launches “R U OK?”
In Austria, the Ikea subsidiary considers the mental health of its employees a high priority. At the beginning of April 2021, the firm launched the awareness campaign “R U OK?” for...
20 May 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
Italy seizes €27.4 million from CEVA Logistics for fraud and undeclared labour
On March 3, 2026, Italian tax authorities announced the seizure of €27.4 million from two Italian subsidiaries of French supply chain specialist CEVA Logistics, itself a subsidiary of the...
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...
3
Following a complaint from the FTC, Walmart agrees to pay US$100 million to Spark delivery drivers
On February 26, 2026, Walmart (2025 revenue: US$713.2 billion, up by 5.1% at constant rates) agreed to pay US$100 million in response to allegations of misleading compensation to delivery drivers...
4
Social media & age verification: Tech breaks the glass ceiling of precision
As an array of international governments restrict social networks access for teenagers under 15 or 16, new facial recognition technologies from Yoti, Persona and k-ID are making progress in...
13 March 2026
5
Faced with sluggish demand, The Home Depot and Lowe’s cut 1,400 jobs and reaffirm a B2B focus
In the United States, with the home improvement and D.I.Y. market under pressure, retail leaders are reorganising. Home Depot and Lowe's, respectively No. 1 and No. 2 in the market, announced...
25 February 2026
6
Search AI : in the retail sector, 25% of AI queries are transactional
For mind Retail, online SEO specialist Ahrefs analysed retail queries on AI search engines. The goal was to measure the proportion of transactional prompts compared to informational ones. The...