financial results
Headwinds in China force SMCP to reduce annual forecasts
On 18th September, the SMCP group (Maje, Sandro, Claudie Pierlot, Fursac) announced an adjustment of annual growth targets due to disappointing sales. While an operating margin in excess of 9.2%...
22 September 2023
L’Occitane confirms that its owner is considering a takeover
After posting spectacular results for the three months to June (sales of €502 million, up 24.5% at constant exchange rates), L’Occitane International confirmed on 15th August that...
- Retail
- Retailer and e-commerce
- News
1 September 2023
USA. Walgreens lays off staff and closes 150 drugstores
Walgreens is continuing a shift towards healthcare, 18 months after C.E.O. Rosalind Brewer, former n°2 at Starbucks arrived. The drugstore chain (sales of US$35.4 billion in Q3 2023, up by...
4 July 2023
USA. Furniture pure-player Wayfair tries “brick & mortar” again
Originally scheduled for mid-May 2023, Wayfair announced that a first physical store will welcome customers in Spring of 2024. The 14,000 sq.m flagship store is under construction at the Chicago...
30 June 2023
USA. Why Paco Rabanne and Kering are investing in beauty
In parallel with a diversification into make-up, Paco Rabanne announces the opening of a flagship store in New York. Meanwhile, Kering is due to acquire the Creed perfume brand. For the luxury...
- Retail
- Retailer and e-commerce
- News
29 June 2023
China : Alibaba and JD.com spin-offs delight investors
On 30th March 2023, JD.com announced a spin-off of property and industrial units from the core business in order to list these on the Hong Kong Stock Exchange. In the listing documents filed on...
4 May 2023
[Amazon results] Focus on A.I. to revive AWS, a declining source of profitability in Q1
Whilst Amazon's e-commerce business is losing momentum (down by 0.1% year-on-year), the AWS cloud service is recording the slowest growth since 2015. To improve profitability, the tech giant is...
- Retail
- Retailer and e-commerce
- News
4 May 2023
Galeries Lafayette: New impetus in China, concern for the 25 French stores in provinces
While Galeries Lafayette has signed with a new Chinese partner, in France, the financial safeguard procedure for 26 department stores raises stakes of territory appeal at a national level.
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- Retailer and e-commerce
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28 April 2023
Casino – Teract: Intermarché is joining the fray
Interrupting a proposed merger between Casino and Teract, Intermarché is joining the fray. The firm wants to take over about 100 Casino French supermarkets to gain 0.7% market share. This is...
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- Retailer and e-commerce
- News
25 April 2023
Beauty. The Indian unicorn Nykaa continues to grow like crazy
Despite a departure of five senior executives since January 2023, Nykaa expects sales to grow by around 30% in the financial year ended in March 2023. On 5th April, the pure-player (which also...
7 April 2023
Walmart: By 2026, 65% of web orders prepared in stores will be automated
While Walmart has managed to increase the weight of online sales in 2022, with total revenue growth keeping pace with inflation, the company is making supply-chain automation a priority. Within 3...
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- Retailer and e-commerce
- News
7 April 2023
Couche-Tard consolidates in Europe via a US$3.3 billion buyout
Taking advantage of TotalEnergies' withdrawal from petrol stations, the Canadian company Couche-Tard is filling the space and expanding operations in Germany, the Netherlands, Belgium and...
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- Retailer and e-commerce
- News
27 March 2023
Financial results. Inditex widens the gap with H&M and Fast Retailing in 2022
In 2022, the world's largest fashion Inditex retailer posted a profit of €4 billion, up by 27% on 2021. A net result that places the group above fast-fashion competitors.
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- Retailer and e-commerce
- News
21 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...
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- Retailer and e-commerce
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17 March 2023
USA: Meta stops live shopping initiatives
In mid-February 2023, Meta (turnover of US$117 billion in 2022 down by 1%) indicated the end of the possibility to tag products (and thus make them “shoppable”) in live...
9 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...
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- Retailer and e-commerce
- News
7 March 2023
Our mind news
With an average basket of €3,500 and a payment journey that includes a financial deposit at the time of ordering, Mobilier de France shares with mind Retail its assessment of the rollout of...
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- mind Exclusive
- Retail tech
15 October 2026
Eager to bring together customer data and improve data accuracy, jewellery and watch retailer Maison A.Constant built its own Single Customer Repository (SCR) using n8n, an orchestration platform...
7 October 2026
After launching the first pilots of its conversational AI “super app” in stores, Cegid is rolling out new omnichannel modules, including an in-store data acquisition module, conversational AI for...
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- mind Exclusive
- Retail tech
1 October 2026
While Mediaperformances, historically focused on FMCG retailers, targets both international expansion and new verticals, CEO Claire Koralewski shared with mind Retail, during NRF Europe, a...
- Retail
- mind Exclusive
- Retail tech
22 September 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
Eric Meulien, Al Futtaim: “The next step in our roadmap is to replace the in-store POS system”
Operating in 18 countries and managing brands such as Ikea, Zara and Marks & Spencer, Emirati group Al-Futtaim (2025 revenue: US$9.7 billion, up by 6%) has a unique vantage point from which to...
- Retail
- Retailer and e-commerce
- Analysis
12 October 2026
2
Cdiscount Advertising targets revenue of €100 million in 2027
As retail media now accounts for 7.8% of total revenue, Cdiscount shared, during a press day, an update on new advertising levers in terms of videos, customer reviews and promotions. Insights from...
- Retail
- Retailer and e-commerce
- Analysis
28 September 2026
3
Marketplaces: How Orange and Virgin Australia reinvent their value creation models
Looking to turn their audience into a commercial platform without having to carry the risk of holding stock, new verticals are entering the marketplace space, with new models designed to enhance...
- Retail
- Retailer and e-commerce
- News
8 October 2026
4
How Maison A.Constant built a unified customer database with n8n
Eager to bring together customer data and improve data accuracy, jewellery and watch retailer Maison A.Constant built its own Single Customer Repository (SCR) using n8n, an orchestration platform...
7 October 2026
5
Cashback: Younited secures an exclusive contract with Bouygues Telecom
Following Orange and the launch of a marketplace, Bouygues Telecom is strengthening a customer loyalty strategy by focusing on purchasing power with a new cashback offer. For French fintech...
- Retail
- Retailer and e-commerce
- News
16 October 2026