News brief

Printemps gets a makeover
Who will succeed to the iconic Paolo de Cesare? The Roman manager who has worked at Procter & Gamble was discharged at the end of February from his functions as General Manager of Printemps...
18 March 2020
Lego expands Chinese ambitions
The Danish toy-retailer Lego (sales of €5.15 billion in 2019 up by 6%) aims to increase stores in China by almost 60% during 2020, moving up from 140 to almost 220 stores. In 2019, China was...
18 March 2020
Malaysia’s biggest D.I.Y. retailer postpones I.P.O.
Mr DIY (1,000 stores in Asia, including 570 in Malaysia and Brunei) is expected to postpone a stock market listing due to current market uncertainties. This was initially planned for the end of...
18 March 2020
H&M targets smaller Indian cities
Selling in India since 2015 with 47 stores in late 2019, the Swedish fashion retailer H&M (net sales of €22.3 billion in 2019, up by 11%) is reviewing expansion priorities. With a dozen...
18 March 2020
Home appliances. India’s potential attracts international giants
Apple relied on third-party sellers and marketplaces stores in India for 10 years. However, the U.S. giant (sales of US$260.2 billion in 2019, – 2%) has now decided to invest in direct...
18 March 2020
What strategies for international grocers in Asia?
Within a troubled health landscape in Asia, food retailers adopt very distinct strategies depending on their format. Costco, the U.S. cash & carry giant (sales of US$149.3 billion in 2019, up...
18 March 2020
German-Korean luxury label MCM enters the U.A.E.
The German-Korean luxury retailer MCM (known as ‘Modern Creation München’, a subsidiary of Sungjoo Group from South Korea) signed a joint venture agreement with Al Tayer Insignia...
18 March 2020
South Africa. The Burger King franchise is to change hands
The Emerging Capital Partners investment fund (total value of US$640 million) is expected to acquire the Burger King franchise in South Africa for an estimated US$48 million. It is due to own...
18 March 2020
Morocco. Label’Vie is raising funds to finance growth
The retailer Label’Vie, a subsidiary of Retail Holding operating grocery stores plus Carrefour, Burger King and Kiabi franchises, continues a dynamic expansion in Morocco and Western Africa...
18 March 2020
Ghana. A new African retail opportunity
According to the latest Global Retail Development Index compiled by Kearney, Ghana has entered the “Top 10” of the world’s most attractive emerging markets for global retailers...
18 March 2020
U.S.A. Ikea optimises product returns to reduce environmental impact
To continually reduce the environmental impact of operations, Ikea is streamlining product returns to cut waste and enhance margins. U.S.A. figures for Ikea report that approximately 10% of...
18 March 2020
Department stores. Neiman Marcus leaves outlet operations
The retailer (with 30% of revenue from e-commerce) is expected to soon close more than 50% of the “Last Call” discount stores. The new focus is on selling luxury. In the U.S., the firm...
18 March 2020
Ulta Beauty targets Canada
With success above expectations in 2019, the cosmetics retailer (1,254 stores in the U.S.A.) confirms international ambitions. By 2021, the firm aims to expand into Canada. The country will be...
18 March 2020
Landlord Simon Property saves tenant Forever 21
Involved in a fierce expansion strategy including a takeover of rival Taubman Centres for US$3.6 billion, the property landlord Simon Property Group (200 malls and outlet centres in the U.S.)...
18 March 2020
Underwear. L-Brands transfers control of Victoria’s Secret
Eager to ease debt pressures, the U.S. underwear retailer Victoria’s Secret has been transferred to Sycamore Partners and delists from the stock market. The investment fund takes 55% of the...
18 March 2020
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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
AI agents: the KPIs that led L’Oréal to scale up across its warehouses
After testing 7 AI agents in its warehouses, L’Oréal is scaling up. Deployed to coordinate picking waves, manage replenishment and handle stocktaking, Manhattan’s agents have helped cut several...
20 October 2026
2
How Mobilier de France reduced the share of cheque payments from 80% to 50%
With an average basket of €3,500 and a payment journey that includes a financial deposit at the time of ordering, Mobilier de France shares with mind Retail its assessment of the rollout of...
15 October 2026
3
Danone turns to AI to personalise marketing campaigns and test advertising in ChatGPT
AI is being rolled out across some marketing activities, while others remain in a testing phase. If campaign automation and personalisation are among the most advanced applications, visibility in...
16 October 2026
4
Julien Cailleau, Oney: “With 3 retailers, we are testing the use of Valiuz data to streamline financing approvals”
Against a backdrop of growing pressure on household budgets, the European CCD2 Directive coming into force and a new legal framework for assisted purchasing journeys, Oney is stepping up an...
29 October 2026