Financing and expansion

On April 25, Carrefour (2024 revenue of €87.27 billion, up 5.3% at constant exchange rates) obtained approval from the minority shareholders of the Brazilian subsidiary for the 100%...

29 April 2025

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

[Food Retail Barometer 2024] The financial health of the world’s 10 largest food retailers in 7 charts

Now in a fourth edition, our annual barometer presents the financial performance of the world's 10 largest food retailers from 2017 to 2024: Walmart, Costco, Kroger, Seven & I, Target...

17 April 2025

After Europe, La Rosée expands to Canada

French cosmetics brand La Rosée (2024 turnover: €85 million, up by 21% in a year), distributed in pharmacies, is continuing international expansion by exporting to Canada. On April 9...

14 April 2025

Shein receives approval for its IPO on the London Stock Exchange

In the U.K., where Shein planned an I.P.O. on the London Stock Exchange in April 2025, the Singapore-based company finally received agreement from the U.K. Financial Conduct Authority according to...

11 April 2025

2024 results: strategic acceleration for Decathlon, calculated caution for Intersport

The world's two largest sporting goods retailers, Decathlon and Intersport, recently presented annual results for the financial year ending December 31, 2024. In a context of managerial...

10 April 2025

With 40% of online sales, Best Buy is banking on influence to reach a new level

In the U.S.A., with preparation for a marketplace by June 2025, Best Buy (2024 turnover US$41.5 billion, down by 4.4%) launched an affiliate programme for content creators on April 8. Not yet...

10 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

Like Action, Miniso closes the 2024 financial year with a 23% increase in turnover

During the financial year ending at the end of December 2024, the Chinese company Miniso reported, on March 21, an unaudited turnover of US$2.33 billion (up by 22.8%, after an increase of 14% in...

27 March 2025

India: Apna Mart raises US$25 million with its hybrid model

On March 24, Apna Mart, an Indian food retailer operating both in-store and 15-minute express delivery, raised US$25 million in Series B (capital and debt), according to the Registrar of...

25 March 2025

Inditex ends 2024 with strong growth and 26% of online sales

On March 10, the global fashion giant Inditex (owner of Zara, Pull&Bear, Bershka, Massimo Dutti, etc.) revealed a annual turnover of €38.6 billion, 26.4% of which was online, for the...

21 March 2025

U.S.A.: Forever 21 files for bankruptcy, with debts of US$1.58 billion

On March 17, 2025, Forever 21 (2021 turnover US$2 billion, last available financial data) filed for bankruptcy in a Delaware court. This includes 354 stores in the USA, the brand licence and U.S...

18 March 2025

With a 9% increase in turnover, Mercadona has strengthened its margin in 2024

On March 13, Mercadona, Spain‘s largest grocery retailer (1,674 stores in Spain and Portugal, 110,000 employees) reported gross sales of €38.84 billion, up by 9%, after a 15% increase...

18 March 2025

Lego ends the year up 13%, buoyed by a country with uncertain regulations

On March 11, the world’s largest toy retailer Lego reported sales of US$10.79 billion, up 12.8% (after a rise of 2% in 2023 and 16.9% in 2022). Net margin stood at US$2 billion. This is a...

13 March 2025

Printemps sets up in the U.S. against a backdrop of department store crisis

After beginning international expansion in 2022 in Doha (Qatar) with 40,000 sq.m, the Printemps group (21 department stores, confidential turnover) selected New York as the entry into the U.S.A...

13 March 2025

Walmart leaves Japan by selling Seiyu for US$2.5 billion

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

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Shoptimus AI scales up in grocery smart shopping lists and prepares for a new funding round

After securing a strategic partnership with Spanish grocer Bon Preu, retail tech firm Shoptimus AI—first spotted by Carrefour—is accelerating a rollout. By leveraging AI agents to automate grocery...

11 January 2026

Agentic AI: Hymalaia attracts retailers and announces imminent fundraising

According to our sources, the young start-up Hymalaia is continuing development in retail with 4 new retailers currently in POC and an imminent fundraising. We examine the details.

16 December 2025

Refurbished smartphones: why Largo relies on Speeral automation

The start-up founded by the duo behind Teester and Skeepers is accelerating automation of second-hand product flows. The strategy is to use AI to direct products to high-traffic marketplaces such...

9 December 2025

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

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Black Friday: Amazon’s AI assistant Rufus featured in 38% of sessions in the US

While peak season sales, revealed at the NRF Big Show, rose by 4.1% in the US from November 1 to December 31, 2025, Rufus, Amazon’s conversational chatbot, confirmed its traction. During the...

15 January 2026

Circana: French e-commerce ended 2025 with strong growth, hypermarkets continue to decline

After four years of decline, volumes of fast-moving consumer goods (FMCG) rose again in 2025 in France and Europe, although they did not compensate for four years of losses. The rebound was...

15 January 2026

China bans JD.com, Alibaba and Meituan from forcing promotions

On January 7 2026, China published new regulations banning the country’s major e-commerce platforms such as Alibaba from forcing merchants to apply promotions. These measures, which will...

8 January 2026

Cyberattack: Coupang targeted by investor lawsuit in the U.S.

Under investigation following a cyberattack that exposed data for 33.7 million customers and resignation of C.E.O. Park Dae-Jun on December 10 2025, South Korean e-commerce retailer Coupang (2024...

6 January 2026

2026 trends – BNPL, mobile checkout, wallets: new challenges for payments

(Trends 3/6) Faced with soaring Visa and Mastercard fees, European retailers are looking for alternative payment methods that protect margins while boosting conversion. From wallets and...

16 January 2026

About to overtake Meta in 2025, TikTok finalises a U.S. spin-off

As the countdown approaches for TikTok's US business to move to American ownership by January 22, 2026, the parent company is on track to replace Meta for 2025 in revenue and profitability. Here...

6 January 2026