News brief

India’s textile and clothing exports bode well
According to Invest India, a national investment promotion and facilitation agency, India’s textile and clothing exports are expected to reach US$300 billion by 2024-25. This will calculate...
18 February 2020
LVMH brings Tiffany & Co. to India
While retail growth in China slows, India is already expected among the world’s top-five retail markets by 2021, with retail sales estimated up to US$1.2 trillion by next year (Deloitte...
18 February 2020
India. Walmart wants to marry wholesale and e-commerce
Walmart (sales of US$514.4 billion in the financial year to January 2019) has now become India’s leading retailer. It manages 25 wholesale stores (Best Price Modern Wholesale brand)...
18 February 2020
Bose focuses on omnichannel sales
Electronics retailer Bose (sales of US$4 billion in the year to March 2019 via 249 fully-own stores) announces a focus on its e-commerce offer and the closure of more than 100 stores. The stores...
18 February 2020
Furniture. Pier 1 Imports near bankruptcy.
Pier 1 Imports, Texas-based home decor and furniture retailer (net sales of US$1.6 billion in the fiscal year to March 2019, a fall of 14% year-on-year) announced a potential closure program for...
18 February 2020
Home appliance. How Magazine Luiza became an omnichannel leader?
As Walmart does with ambition in the U.S., Brazil too has its pioneer in unified retail. It is the electronics and home appliance retailer Magazine Luiza (turnover of US$1.7 billion in Q3 2019, up...
18 February 2020
Vans opens a skateboarding-themed store
Having added a new skate park in Brooklyn to its portfolio (with free access), the footwear brand Vans (part of VF Corp.) opened a new flagship in Los Angeles in February. In the center of Los...
18 February 2020
Canada Goose, The Concept of the Month
In December 2019, Canada Goose, which operates 11 company-owned stores across the world, unveiled “The Journey”, an innovative retail concept located in the “CF Sherway...
18 February 2020
Furniture. Why Casper’s I.P.O. might be slippery?
In the beginning of January, the direct-to-consumer mattress brand Casper, proclaimed “pioneer of the sleep economy” applied to list common stock on the New York Stock Exchange. In a...
18 February 2020
Are there too many malls in Dubai?
According to Patrick Chalhoub, C.E.O of the eponymous luxury group, Dubai has been “over retailed” due to the surge in mall openings in the boom years 2013-2015. “The supply has...
18 February 2020
Birkenstock launches new store format in Dubai Mall
The German footwear retailer Birkenstock reopened a store in the Dubai Mall (80 million visitors per year) in late January 2020. Operated by local partner Apparel Group (which runs 1,750 stores of...
18 February 2020
South African headache for Walmart
Ahead of publication of annual results on February 27, 2020, Massmart Holdings (owned at 52% by Walmart and controlling chains such as Builders Warehouse, Makro, Game or Jumbo Cash and Carry)...
18 February 2020
Philips. From home appliances to health technology
As a former leading manufacturer of home appliances, Philips is reviewing ownership options for its home appliance business as it is no longer a strategic fit for the future. The Dutch firm (total...
18 February 2020
Casino about to sell discount business
Casino, owner of the hard-discount retailer Leader Price since 1997 is intending to sell the French network of 700 discount stores to Aldi as part of drastic debt reduction plans. The deal would...
18 February 2020
Carrefour is investing in Brazil
In mid-February 2020, the French grocery retailer announces its expansion in Brazil via the acquisition of 30 “cash & carry” stores (banner Makro Atacadista) for US$450 million. In...
18 February 2020
Intersport. “Each store ships from 40 to 70 packages per day”
GRN: Please present Intersport’s omnichannel strategy…Michaël Alimi: Intersport is a sporting goods retailer with 450 stores in France. We launched e-reservation in 2016 and...
18 February 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
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...