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
Our other services
mind Research
Strategic Intelligence: Tailored research and market analysis services to power your insights and back your strategic decisions.
See more
mind Days
Networking & Events: Half-day conferences covering key industry topics and open to the entire ecosystem.
See more
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
Hugues Chanoine (Hygie31 Digital): “The next step is to eliminate filters to move to 100% conversational search”
The Hygie31 retail group, known for the Lafayette Pharmacies, is continuing to transform its websites, driven by Cocooncenter. Thanks to an AI strategy and a fully redesigned IT architecture, it...
2
ChatGPT: Bureau Vallée’s recipe to capture back-to-school spending
By launching a conversational chatbot with Algolia and a new module converting school lists into e-commerce carts this summer, Bureau Vallée aims to ease the chore of back-to-school supply list...
3
Walmart finally accepts in-store payments with Apple Pay and Google Pay
Sanctioned by financial markets after a sharp US slowdown in Q2, Walmart is reviewing a checkout strategy. Abandoning a rejection of technological giants, the group is rolling out Apple Pay and...
24 August 2026
4
Why Shein emits twice as much CO2 as Inditex for equivalent revenue
On the occasion of an IPO, Shein revealed a carbon footprint of 25.5 million tonnes of carbon dioxide in 2025, up by 20% compared to a reference year. For an equivalent sales level, the fast...
5
Lidl’s owner continues cloud services offensive
With €2.2 billion in cloud revenue and growth 3 times faster than the rest of the business, Schwarz Group continues a technological shift. Between investments in its own data centres, buyouts in...
1 September 2026