News brief

Metro is exploring partnership in China
Metro AG, the German big-box retailer and wholesaler is exploring options such as selling a minority stake or finding a strategic partner for its Chinese business. Metro China has been very...
12 December 2018
Hong Kong sports brand Xtep launches first store in India
Hong Kong-based Xtep Sports has opened its first Indian flagship store, in Bengaluru. The Xtep group specialises in footwear and sportswear with 6,035 stores in 31 China provinces plus Vietnam...
12 December 2018
Foreign brands continue for high-end home interiors market in Vietnam
Brands like Cassina, Badari Lighting, Cantori, Diemme Cucine, Formitalia, and Versace Home continue to open within the high-end interior market in Vietnam. According to the Vietnam Chamber of...
12 December 2018
Mall of the month: Bangkok’s IconSiam
Asia’s newest retail destination has finally open. With 500 stores and more than 100 restaurants, the ambitious development called ‘IconSiam’ near the riverfront in Bangkok...
12 December 2018
Chinese grocery market is expected to grow 32.6% by 2022
The Chinese grocery market is the largest grocery market in Asia. It is expected to grow significantly by 2022, preserving its status as Asian market leader. A report released by the international...
12 December 2018
Thor Equities opened 4 retail centres in Mexico
Thor Equities Group, (Mexico City-based Thor Urbana, Thor Equities Europe and Thor Equities North America), is launching 4 new projects in Mexico totalling approximately 650,000 sq.m in October...
12 December 2018
2018 Retail Reputation Report
For its annual study, Retail Reputation.com analysed 4.7 million online consumer posts on Google and Facebook, detailing in-store shopping experiences at 30,000 locations owned by 88 retail...
12 December 2018
Solid performance for Brazilian Natura & Co
The multi-brand and multi-channel group Natura &Co posted a 3rd quarter of solid performance. Consolidated sales rose 37.1% (reported sales) to reach US$837,9 million. Reported income more...
12 December 2018
Lowe’s will withdraw from Mexico
The American D.I.Y. retailer Lowe’s is looking to close retail operations over 13 stores in Mexico and 2 smaller U.S. businesses. The company has already shut 99 Orchard Supply stores in...
12 December 2018
Macy’s set to recover
The department store chain Macy’s reports fresh strong sales growth. Total sales grew 2.3% to US$5.4 billion and net income more than doubled to U$62 million from U$30 million the year...
12 December 2018
The North Face prefers mobile P.O.S. in prototype store
After a 12-month search for a site, outerwear specialist The North Face opened a 372 sq. prototype store in Brooklyn’s Williamsburg. “We consider this as a retail laboratory. This...
12 December 2018
Brandless’ pop-up shop conveyed the brand’s mission
Brandless, a San Francisco-based start-up opened in November a “pop-up with purpose” store in New York City in the trendy Meatpacking District. Brandless sells “better for...
12 December 2018
Canada Goose transforms dressing room’s into freezers
The Toronto-based company is adding frigid rooms to some of its stores where shoppers can test the luxury coats in temperatures as low as -25 degrees Celsius (-13 Fahrenheit). A Montreal location...
12 December 2018
Ferrero opened a flagship in New-York
Italian group Ferrero opened a permanent Nutella Cafe in the heart of New York City in November. The cafe, the brand’s second in the US after its debut in Chicago last year, is designed to...
12 December 2018
Office Depot likes co-working spaces
The American office supply retailer is hoping to find another use for its 1,400 store locations by turning them into co-working spaces. The company is testing the concept through a Los Gatos...
12 December 2018
Retail start-up seeks to re-invent the department store
After the retail start-up ‘Neighborhood Goods’ secured a seed round of US$5.7million in May, it announced a first store from November in an open-air retail and restaurant development...
12 December 2018
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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
3
Romain Mombert, Eurazeo: “Tomorrow, retailers and brands will no longer acquire customers, but AI agents”
In a proliferation of AI start-ups, how can investors distinguish those that bring true innovation and in which they should invest? For what valuation metrics? In retail and payment, what types of...
4
The SaaS licence model falters in the face of AI automation
With the launch of Claude Cowork, the software sector, prized by investors for predictable and recurring revenue, is slowing down. According to Bain, stock market indices for SaaS tech editors...
19 March 2026