financial results

On March 5, 2025, the American fund KKR and Walmart (turnover 2024 of US$681 billion, up by 5.6% at constant rates) announced the sale of the Japanese grocery retailer Seiyu, in which they hold...

6 March 2025

Profit and market valuation slashed in half: will Shein postpone I.P.O.?

Shein may delay a London Stock Exchange I.P.O., initially planned for April 2025, to the second half of the year. According to the Financial Times on February 23, growth in 2024 fell short of...

25 February 2025

Driven by new profit streams in 2024, Walmart puts the spotlight on e-commerce

Walmart maintained growth while generating higher profits from the core business. With online sales accounting for 18% of total revenue -a level equivalent to Target - e-commerce triggered...

25 February 2025

Following a strong 2024, Carrefour wants to spend €800 million for the Brazilian unit

On February 19, 2025, Carrefour published annual results: in 2024, total sales grew by 5.3% at constant rates to €87.27 billion excluding V.A.T., half as fast as in 2023. In France, revenue...

21 February 2025

Driven by property development, Emaar boosted revenue by a third in 2024

On February 14, 2025, Dubai-based property developer Emaar Properties (owner of office assets such as the Burj Khalifa, shopping malls, luxury hotels, etc.) announced a 33% increase in turnover in...

21 February 2025

Klepierre expands through acquisitions, while Unibail safeguards margins with retail media

Just a day apart, URW and Klepierre, Europe’s two leading shopping centre operators, released robust annual results. For URW, the advertising business accounted for more than 50% of net margin in...

17 February 2025

Driven by record I.P.O., Lulu Retail ends 2024 up 5%

On February 10, the food retailer Lulu Retail posted a turnover of US$7.62 billion in the fiscal year to late December 2024. Sales grew by 4.7% at constant rates and 2.3% like-for-like. The...

13 February 2025

H&M saved margin in 2024 but remains in decline in America and Asia

On January 30, the Swedish company H&M reported sales of US$22.32 billion in 2024 (fiscal year to the end of November 2024), down 0.7%. After a rise of 5.6% in 2023 and 12.4% in 2022, this is...

13 February 2025

[Amazon results] Amazon maintained growth and doubled margin in 2024

Driven by e-commerce, the marketplace, the cloud and advertising - four entities that have each generated more than US$10 billion in incremental revenue - Amazon ended 2024 with solid fundamentals...

11 February 2025

After Macy’s, Kohl’s closes 27 stores and cuts 10% of its workforce

In the USA, while Macy’s is closing 66 stores and laying off 3.5% of staff (2,350 jobs), department store chain Kohl’s (1,100 stores in Q3) has announced the closure of 27 stores by...

7 February 2025

Cash & carry: Metro AG to delist from the Stock Exchange

After posting sales of €8.6 billion in the quarter to December 2024 (-1.5% in total), German Metro AG (623 stores in 35 countries) announced its withdrawal from the Frankfurt Stock Exchange...

7 February 2025

Maisons du Monde sales plummet for 3rd year running

In a French furniture market down by 5.1% to €13.8 billion in 2024 (IPEA), Maisons du Monde (338 stores at the end of 2024) reported annual sales of €1.002 billion on February 4, down...

6 February 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

Faced with the downturn in Asia, Kering’s sales fell by 12% and LVMH by 2%

For LVMH and Kering, the world's n°1 and n°3 luxury retailers, Asia, which had long been a growth driver, has weighed down annual results in 2024. Meanwhile, the 25% tariffs announced on February...

30 January 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

Alibaba sells Intime department stores and loses US$1.3 billion

On December 16, Alibaba Group (Q3 2024 sales: US$33.7 billion, up 5%) announced the sale of the department store subsidiary Intime, acquired in 2017 for US$2.6 billion. Once approval has been...

20 December 2024

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Leroy Merlin and Aroma‑Zone launch in‑store analytics pilots with XXII

French retail tech XXII, which aims to become the Google Analytics and Contentsquare of physical stores, has already signed with 15 retailers and shopping centres, mind Retail learned. A year...

5 December 2025

Already in POC, Dialog’s conversational agent shows up in the search bar

Buoyed by a €3.8 million seed round closed in mid‑November 2025, French start‑up Dialog, specialised in AI‑based conversational e‑commerce, is accelerating. Initially placed on product pages, this...

4 December 2025

E‑commerce: How Hive customises free‑delivery thresholds using customer data

With 500 e‑merchant clients, including Embryolisse, Hindbag, Airup, Hygée or Jacks Beauty Line, German logistics provider Hive is capitalising on data to raise e‑commerce conversion via a finely...

2 December 2025

Retail media: Marionnaud bets on print with Figaro to boost drive-to-store

According to our sources, Marionnaud’s beauty retailer will expand an advertising unit into 3 new countries in 2026 and is launching another retail media lever in the French key market. The goal...

26 November 2025

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BNPL: in a mature market, Alma, Klarna, Scalapay, Younited and Oney seek new growth levers

As BNPL reached maturity in France and Europe and commonplace online, players in the sector are accelerating their transformation. Longer instalments, new verticals, extended services and...

14 November 2025

Small parcels tax: France, Italy, Romania and Benelux respond to low-cost marketplaces

Shein, Temu, AliExpress… Facing marketplaces flooding Europe with non-compliant goods, the French National Assembly voted for a €2 tax on parcels under €150 from January 2026. This level is half...

21 November 2025

Payments: Wallets accelerate in a fragmented market

As retailers seek to streamline shopping journeys, payment fluidity is becoming a key conversion driver. Apple Pay, Google Pay, Samsung Pay, PayPal: wallets enable retailers to reduce delays and...

18 November 2025

At Roissy 80% of checked Shein items found non-compliant

Following inspections at Roissy Charles de Gaulle airport on Friday November 6, 2025 on 200,000 Shein parcels “8 out of 10 items have proved non-compliant so far”, the French Ministry...

10 November 2025

USA: Visa and Mastercard ease up on interchange fees

Visa and Mastercard reached a historic agreement with US retailers to reduce fees associated with credit cards. This opens an unprecedented breach, while the two giants are suspected of abusing a...

12 November 2025

U.S. Shutdown hits food assistance and threatens sales at Walmart and Kroger

While Donald Trump signed the bill to reopen the government on 12 November 2025, the shutdown that began in early October disrupted payments from the national food assistance programme. Each...

12 November 2025