News

Fashion: Why omnichannel players are gaining in profitability and e-commerce is suffering, in 6 charts
Mind Retail analysed the financial results of the 12 largest fashion retailers between 2019 and 2022, to understand performance in terms of sales and profitability. As a result of the multiple...
25 September 2023
Pierre Fougeat, Lugh (Casino Group): “All platforms combined, €2.5 million of our stablecoin Lugh are in circulation”
Pierre Fougeat, COO of Lugh Financial Services, a subsidiary of Casino Group, presents the Euro stablecoin Lugh. He details the strategy behind this new business.
22 September 2023
Valiuz Adz : The Mulliez family’s retailers launch a retail media offering
Auchan (grocery) and Boulanger (home electrical products) are entrusting advertising inventory to Valiuz Adz, the Association Familiale Mulliez's new advertising agency for the French market...
22 September 2023
Central Retail invests half a billion dollars in wholesale
Thai conglomerate Central Retail Corp is to create a new wholesale chain. With 43 new stores planned in the next 5 year, the country's largest retailer is focusing on wholesale sales, which are...
22 September 2023
U.K : Primark persists with click & collect
The click & collect service launched for children's wear in more than half of British stores is successful. Primark now extends this service to women's fashion.
Great Britain: Tesco equips staff employees with body cameras
British retailer Tesco (300,000 employees) is equipping store staff with body cameras, to counter the sharp rise in physical assaults by customers and to enhance safety.
18 September 2023
South Africa: Walmart strengthens the team to support digital growth
U.S. giant Walmart is reorganizing the South African business by recruiting Jonathan Collins as Chief Financial Officer, with the aim of boosting online sales.
NFT: Bouygues Telecom partners with Cohort to build customer loyalty
For a month, Bouygues Telecom has been using Web3 to build loyalty and commitment among environment-committed customers, in partnership with Cohort and 1,000 associations. mind Retail presents all...
15 September 2023
Jeremy Lamri, Tomorrow Theory : “There isn’t a single HR topic that won’t be impacted by generative AI”
With ChatGPT’s popularity continuing to grow since its launch in November 2022, Jeremy Lamri, co-author of ‘Travailler à l'ère des AI génératives’* (Editions EMS), explains about how generative...
7 September 2023
Uber posts an operating margin for the first time
In Q2 to June 2023, the profitability of DoorDash and Uber Technologies improved, driven by stronger consumer demand for fast deliveries. DoorDash managed to limit losses in the U.S.A. and Uber...
9 August 2023
Jeremie Profeta, CTO Sonepar “The digital marketplace will launch in France by the end of 2023 and the USA could follow very quickly”
Sonepar, the world's largest electrical equipment retailer, has announced investments of €2 billion in supply chain and €1 billion in an international digital platform. Jeremie Profeta, C.T.O. and...
External growth: Carrefour acquires Cora-Match
On 12th July 2023, Carrefour announced the acquisition of the Cora and Match banners, subsidiaries of the Louis Delhaize group. Carrefour could now reach a market share of 22.3% and compete with...
17 July 2023
Amandine de Souza, Leboncoin: “We add B2B and aim to become Europe’s leading second-hand retailer”
Amandine de Souza, Managing Director of Leboncoin (Adevinta Group), was a guest at the latest FrenchFounders meeting in Paris, attended by mind Retail. She explained a transformation of the...
13 July 2023
Uniqlo, Inditex and Skechers: new legal action for forced labour
With 20% of the world's cotton coming from Xinjiang, a 2nd legal action has been launched in France against Uniqlo, Inditex and Skechers. In Brussels, the Commission is considering moving towards...
5 July 2023
Casino sells GPA in Brazil and prepares for significant shareholder dilution
With the announced sale of Grupo Pao de Açucar, Brazil's 2nd largest retailer in terms of sales, the French retailer is preparing for significant change for Latin America, the largest market in...
4 July 2023
In 3 years, Majid Al Futtaim reduced Co2 emissions by 11% 
In 2017, Carrefour's Middle East franchisor set a target of 'net positive' on Co2 and water by 2040. The group succeeded in reducing Co2 emissions thanks to greener energy.  
4 July 2023
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