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Malaysia: discount retailer Eco-Shop valued at US$1.6 billion for I.P.O.
In Malaysia, discount retailer Eco-Shop is preparing to raise US$238.4 million ahead of an Initial Public Offering, scheduled for May 23, 2025. The Malaysian retailer (annual revenue at the end of...
29 April 2025
Acquired for US$8.5 billion, Dollar Tree sells Family Dollar for US$1 billion
On March 26, the American discounter Dollar Tree (owner of the eponymous brand and Family Dollar) reported a turnover of US$30.83 billion in 2024 via 2900 stores, up 0.8%, but a net loss that...
28 March 2025
Action ends 2024 with sales up 22%
Dutch retailer Action (shareholder 3i) ended 2024 with sales of €13.8 billion, up 21.7% overall and 10.3% on a like-for-like basis. It has 2,918 stores in 12 European countries, including 29%...
4 February 2025
Malaysian discounter Eco-Shop wants to raise US$200 million for an IPO
On January 20, 2025, preparing for I.P.O. on the Malaysian Stock Exchange by June 2025, Malaysia’s largest discount retailer by sales Eco-Shop (annual revenue of US$510 million to the end of...
22 January 2025
With sales up 21% in nine months, Action focuses on Southern Europe
In the first 9 months of 2024, Action recorded 10% like-for-like growth, driven by a larger customer base. It is targeting 350 store openings in 2024.
- Retail
- Retailer and e-commerce
- News
18 November 2024
Lidl launches a D.I.Y. and garden services
After launching a non-food e-commerce business in May 2023, Lidl is further investing in physical stores. In mid-July 2024, the Schwarz Group subsidiary (2023 sales: €167.2 billion, up 8.5%...
20 August 2024
Between expansion and price cuts, Action’s turnover jumps by 20 %
Dutch discounter Action (2023 sales: €11.32 billion, up 28%) announced sales of €6.23 billion, up 20% in the first semester. Like-for-like sales were up 9%. Action’s 17 million...
24 July 2024
In the U.S.A., Japanese discounter Daiso plans to increase store count 10-fold by 2030
In the United States, while Family Dollar has closed 600 stores since the start of the year, Japanese discounter Daiso (a subsidiary of Korean investor AsungHMP, which has an 84.2% stake since...
- Retail
- News brief
26 June 2024
Our mind news
As the adoption of AI results in increasing cost volatility for companies, mind Retail spoke in Monaco with Christelle Glaszer, Manager of Indirect Purchases at Aroma-Zone natural beauty retailer...
- Retail
- mind Exclusive
- Retail tech
13 March 2026
Signing of three high-end clients, launch of a maintenance passport, imminent Seed funding round and cloud migration project in China… At a 1-to-1 conference in Monaco, the Founder of Prolong...
- Retail
- mind Exclusive
- Retail tech
12 March 2026
While the European Commission is set to vote on delegated acts to specify requirements for home appliances, Darty is accelerating a Digital Product Passport (DPP) push by integrating new products...
- Retail
- mind Exclusive
- Retail tech
11 March 2026
While the leader in electronic labels, Vusion exceeded €1.47 billion in revenue in 2025, rival Hanshow is stepping up a global offensive, winning a strategic account in the U.K. and a new POC for...
- Retail
- mind Exclusive
- Retail tech
27 February 2026
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...
- Retail
- Property and investors
- News
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...
- Retail
- Property and investors
- Analysis
24 February 2026