News brief

In China, KFC equips managers with an AI voice assistant
In China, on June 20, 2025, Yum China (2024 revenue: US$10.65 billion, 2.5% after a rise of 14.1% in 2023) announced the launch of an AI-integrated voice assistant in several KFC restaurants. As a...
24 June 2025
After RFID, Decathlon rolls out mobile checkout in all stores
After pioneering self-checkout via RFID, Decathlon (2024 revenue: €16.2 billion, including 20% online, up by 5.2% after 4.4% in 2023) announced on June 23 the launch of Orisha Commerce, a...
24 June 2025
Blackstone acquires Kolkata’s South City Mall for US$377 million
In India, with the buyout of developer South City Project on June 17, the US investment fund Blackstone has acquired Kolkata’s South City Mall. The transaction, carried out with the...
23 June 2025
An additional US$14.8 billion to boost the South Korean economy?
In South Korea (population in 2024: 30 million), the government proposed on June 19 a second budget of US$14.8 billion to stimulate consumption in the country, which has been sluggish for a year...
20 June 2025
Malaysian company Mr.DIY opens in South Africa
South Asian D.I.Y. discount retailer Mr.DIY (2024 revenue: US$984 million, up 6.7% year-on-year, via 5,000 stores in Asia and Europe) is preparing to sell in Africa with a first store in South...
20 June 2025
Stand-alone checkout systems: 365 Retail Markets acquires Cantaloupe for US$884 million
In the U.S.A., Cantaloupe (2024 revenue: US$268.8 million, up by 10.2%), a manufacturer of self-checkout systems competing with Diebold Nixdorf, among others, has been acquired by competitor 365...
20 June 2025
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
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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
Carmila join forces with Unlimitail and JCDecaux to equip 252 malls
On December 9, Carrefour and Carmila signed a partnership with Unlimitail and JCDecaux to create a retail media network combining indoor DOOH and outdoor OOH across their sites in France and...
12 December 2025
2
Italian Golden Goose set for Chinese ownership
A year after the French children’s clothing brand Bonpoint was acquired by Chinese group Youngor, Italian luxury brand Golden Goose is next. British fund Permira (already owner of Hugo...
9 December 2025