News brief

L’Occitane consolidates to become more upmarket
L’Occitane confirmed the purchase of high-end British rival Elemis, specialising with face care and spa-therapy. In 2018, net sales of Elemis reached US$140 million, up by 27%. The deal...
13 February 2019
British retailers worry about a no-deal Brexit.
As the U.K. should leave the E.U. on March 29th, the British Retail Consortium federation and C.E.O.s of the country’s biggest retailers (including Sainsbury’s, Asda, Waitrose...
13 February 2019
At Richemont Group, commitment makes sense.
“Within the Richemont Group, social and environmental engagement has become a mandatory, said Alain Bernard, President & C.E.O. of Richemont Group North America and head of the Retail...
13 February 2019
Torgservis, The Concept of the Month
A discount retailer with prices 5% to 20% lower than Aldi and Lidl? This is the promise of Russian retailer Torgservis (estimated annual sales of €1.3 billion via 800 Svetofor and Mayak...
13 February 2019
How Ikea prepares for the future
Involved in a strategical shift, the Swedish Ikea Group is widening its city-centre footprint with an array of urban stores to open this year, including in Manhattan and in Paris (in May 2019...
13 February 2019
Furniture & deco. What the ‘connected’ generation wants
To win digitally-connected customers, retailers continue to adapt. If traditional companies have significantly changed their strategies, some new players like Casper, Wayfair and Made.com operate...
13 February 2019
Motoya Okada (Aeon) takes 20% of Bio c’ Bon
Discreet, courteous, and with a long-term vision driving his group to turnover of US$ 78.4 billion and a profit of US$ 229 million (for the year to February 2018), Japanese business man Motoya...
16 January 2019
Mikhail Fridman: From Russia to Retail
The future of Dia, the Spanish discount chain as one of Carrefour’s profitable subsidiaries, is in the balance. Dia operates 7,000 stores in Spain, Portugal, Brazil and Argentina with a...
16 January 2019
Mike Ashley, champion of the High Street
Mike Ashley, the billionaire founder of U.K. retail company Sports Direct is happy to be headlined on either business or sports pages, as he owns the Newcastle United football club. Described as...
16 January 2019
2019 will be a year of dramatic changes for Fashion Retail, according to McKinsey
McKinsey and The Business of Fashion (B.o.F.) published their annual survey on 29th November 2018 called “The State of Fashion”. This study warns against dramatic changes in this...
16 January 2019
Turkish retailers implement vending machine to recycle plastic.
In November, the Turkish Parliament passed a new environmental law to restrict plastic bags from 2019, supported by automatic recycling machines that take recyclable materials in return for credit...
16 January 2019
Kuwait’s OnCost Cash and Carry buys supermarket chain Gulfmart.
Kuwait’s wholesale membership retail store called “OnCost Cash & Carry” acquired all 20 outlets of regional supermarket chain Gulfmart. According to the C.E.O. of OnCost Cash...
16 January 2019
Huawei extends Saudi Arabia flagship.
The Chinese group Huawei aims to establish high-end experience stores in the U.A.E., Italy, Malaysia and in Thailand. January will see the a 1st Huawei Saudi Arabia flagship showroom in Riyadh...
16 January 2019
North and West Africa have the greatest potential for mall development
In 2018, there are 579 malls on the African continent compared to 225 in 2010. The greatest number are 106 in Egypt, followed by Kenya with 66 and Nigeria with 53. According to market intelligence...
16 January 2019
Carrefour invents a sail-thru supermarket deserving Dubai’s coastline
Carrefour’s exclusive franchisor in the Middle East region, Majid Al Futtaim, launched the world’s first “sail-through” supermarket on December 4th. This serves yachts...
16 January 2019
Kenya attracts foreign retailers
In Kenya, supermarkets form 33% of retail formats, just behind South Africa. According to Nielsen, 89% of Kenyans shop in supermarkets, with the balance supplied by informal “dukas”...
16 January 2019
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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...