News brief

Carrefour and Cooperative U form European buying alliance and eye retail media deal
Carrefour and Cooperative U officially announced on July 7 the launch of Concordis, a joint European purchasing alliance. Based in Brussels, the structure will begin operating for the 2026 trade...
8 July 2025
With tourism on the rise, Lawson is capitalising parking lots by renting
On July 7, 2025, Japanese convenience store chain Lawson (2023 revenue: 7.56 billion dollars, up by 8.8% year-on-year) announced the launch of a trial parking rental service for tourists. Starting...
8 July 2025
Lululemon sues Costco for trademark infringement
On June 27, 2025, Lululemon filed a lawsuit against Costco in the US District Court for the Central District of California. The Canadian brand (2024 revenue of 10.6 billion dollars, up 10%...
7 July 2025
[mind Retail Exclusive] Tanguy Pincemin begins a new chapter in his career
Tanguy Pincemin has left Dunnhumby, according to Mind Retail. He joined the British customer data platform specialist in October 2017, where he served as EMEA Media Director, then Sales Director...
Shein must pay €40 million fine for misleading business practices
On July 3, the French Ministry of Economy fined ultra-fast fashion giant Shein 40 million euros for misleading business practices following an investigation by the General Direction for...
3 July 2025
In the U.S.A., Kroger and Albertsons begin targeted store closures
On June 20, Kroger (2024 revenue: US$147 billion, up by 1.5% year-on-year via 2,731 stores) announced closure of 60 unprofitable stores in the U.S.A. by the end of 2026. After posting sales of...
1 July 2025
Central Retail invests US$1.4 billion in omnichannel strategy in Thailand and Vietnam
On June 24, the subsidiary of Thai conglomerate Central Group, Central Retail Corporation (revenue for the year ended March 2025: US$7.3 billion, up 5.7% year-on-year) unveiled a major US$1.4...
1 July 2025
Omnibus Directive takes another step towards deregulation
On June 23, European Member States adopted a common position on the Omnibus directive. This follows the Commission’s postponement of CSRD and duty of care in April 2025. With agreement...
30 June 2025
European retail: distress levels not seen since the 2009 financial crisis
According to the Weil European Distress Index published on June 26, 2025, the retail sector is now the most distressed in Europe. With a distress index of 8.7% in May 2025, European retail...
30 June 2025
Footwear: 80% of Asian sourcing weakened by the effects of climate change
With the Digital Product Passport set to impose greater transparency and traceability on textile production chains from 2027, Scott Kelly, an Economist at Risilience, warned on June 23, 2025, of...
27 June 2025
DHL to invest €500 million in the Gulf by 2030
On June 11, Germany’s DHL (2024 revenue €84.19 billion, up by 3% year-on-year) announced a €500 million investment by 2030 in the United Arab Emirates and Saudi Arabia to...
27 June 2025
Co-op U.K. and Coop Alleanza stop buying from Israel amid geopolitical pressure
Eager to “support peace,” the British Co-op announced on June 24 that it would stop buying from 17 countries, effective at the end of the June. The cooperative (turnover 2024...
27 June 2025
Divestitures, restructuring: BHV and El Corte Inglés seek a second wind
In mid-June, El Corte Inglés department stores published annual results for the year ending February 2025. After deciding in April to abolish the executive committee, the retailer reported...
25 June 2025
Ahead of an I.P.O., Reliance is reorganising a luxury division to increase capitalisation
According to The Economic Times on June 25, Reliance Industries integrated the luxury subsidiary Reliance Brands (85 brands, including Burberry, Bottega Veneta and Tiffany & Co.) into a main...
25 June 2025
In Saudi Arabia, Chinese platforms JD.com and Meituan are battling in the delivery market
After 5 months of wrangling in China, JD.com and Meituan are battling for the Middle East food delivery market. On June 18, JD.com (2024 revenue: $158.8 billion, up by 6.8%) launched same-day or...
24 June 2025
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
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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
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...
25 February 2026
2
Klépierre, URW, Carmila: in 2025, retail media and services accounted for nearly 10% of net rental income
Published on February 12 and 19, annual financial results of the three major European property companies show that Klépierre, Unibail-Rodamco-Westfield, and Carmila are no longer singing from the...
24 February 2026