News

Tech in-store: guided tour of the Decathlon Lab for South East Asia
mind Retail invites you, in video and photos, behind the scenes of the Decathlon Lab located in Kallang (Singapore). In this 5,000 sq.m store, the company has opted for a rational technological...
17 March 2023
With 19% of online sales, Target reinvests US$100 million in e-commerce logistics
The supermarket chain has announced that it is investing US$100 million in its e-commerce logistics to build six new order preparation centres by 2026. With this investment, Target is capitalising...
17 March 2023
Maisons du Monde: partnering with Alma, the use of credit tripled in 12 months
Six months after launching payment in four installments without charge on its website and in store with Alma, Maisons du Monde presented its results at the end of December 2022 at the 1-to-1...
16 March 2023
CSR. Ikea adopts bio-based glue to reduce its carbon footprint
Ikea's new CSR commitment? A corn-based glue. While the group has been using a fossil-based glue responsible for 5% of its overall carbon footprint for 60 years, it has announced that it will...
15 March 2023
AGEC law : behind the valorization of unsold garments, the challenge of forecasts
Since 1 January 2022, Article 35 of the French AGEC law has obliged producers, importers and distributors to reuse, re-use or recycle unsold non-food products. They can no longer destroy them...
14 March 2023
In Brazil, the “cash & carry” format made Carrefour and Casino successful in 2022
In a context of pressure on margins, and debt reduction for Casino, Brazil is a strategic market for the French food giants. Cash & carry stores are particularly popular, and Casino and...
13 March 2023
DIY : The Home Depot saves margin in 2022, despite a weak housing market in the US
On February 21, The Home Depot released annual results. Despite the weak property market in the USA, the company managed to retain margin. However, the current fiscal year looks risky and the...
7 March 2023
In 2022, Unibail Rodamco Westfield operated 4,500 orders in click & collect, in Velizy mall
URW's shopping centres are rolling out omnichannel features. For the inauguration of a mutualised "click & collect" service in the Forum des Halles mall in Paris, announced in June in mind...
24 February 2023
Stephan Veyret (Decathlon Singapore): “We are moving from retail to an ecosystem of services around sport”
As the hub of the South East Asia region, Singapore is a market where Decathlon is testing many innovations, including cashless, Scan & Go, automated in-store picking that prepares 600 orders...
24 February 2023
Walmart returns to strong growth in 2022, at the expense of margin
With a low price positioning, Walmart has managed to accelerate growth in 2022. This policy has nevertheless cost profitability. Note: the group has generated US$2.7 billion in advertising...
24 February 2023
Galeries Lafayette will reopen the store dedicated to Chinese tourists and sell the BHV flagship
According to mind Retail's information, the Galeries Lafayette group will soon reopen a store on Haussmann Boulevard dedicated to Asian customers and tax-free shopping. At the same time the firm...
21 February 2023
At Amazon, surveillance technology impact workers’ health
According to the UNI Global Union report, the systems used by Amazon to quantify employee productivity also affect their mental health.
17 February 2023
Generative AI : “Applications in the retail sector are unlimited for design, marketing and customer relations teams”
Guillaume Rio, Director of Partnerships and Technology Trends at Pole Prospective BNP Paribas Personal Finance, presents the first applications of generative AI for the retail sector.
17 February 2023
[Confidential] GPT Chat: Yext is working on two features based on the generative A.I. model
The U.S. company is one of the first to reveal integration of GPT 3, the GPT Chat language model, into its natural language chatbot. According to our information, another project is to have a...
15 February 2023
India: Reliance ditches Sephora and launches own beauty brand Tira
Although talks about Reliance Retail taking over Sephora's franchise rights in India have been abandoned, the Indian retailer is moving into beauty with its own omnichannel brand called Tira...
9 February 2023
China. Retail market at a standstill and GDP at lowest level since 1976
Last year, retail sales fell in China in parallel with a sharp slowdown in G.D.P. This is reflected in the Q4 results of H&M, LVMH and Estée Lauder, despite the lifting of Covid-19...
3 February 2023
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