After a poor second quarter, Target is reshuffling the deck: new C.E.O., new priorities to get back on track Americas The U.S. grocery retailer Target is embarking on a strategic shift after a difficult first semester. With 19.6% of online sales and three-quarters from non-food products, the US's third-largest grocer is changing governance. For new C.E.O. Michael Fiddelke, monetising digital activities and reviving core business categories are at the top of the priority list.
With tourism on the rise, Lawson is capitalising parking lots by renting Asia On July 7, 2025, Japanese convenience store chain Lawson (2023 revenue: 7.56 billion dollars, up by 8.8% year-on-year) announced the launch of a trial parking rental service for tourists.…
Carrefour and Cooperative U form European buying alliance and eye retail media deal Europe Carrefour and Cooperative U officially announced on July 7 the launch of Concordis,…
Retail media: why OBI is replacing PromoteIQ with California-based Topsort Europe To operate a 360° retail media business, Germany's second-largest D.I.Y. retailer has selected San Francisco-based adserver Topsort. In addition to onsite retail media, Topsort will also manage offsite and in-store activations.
In the U.S.A., Kroger and Albertsons begin targeted store closures Americas On June 20, Kroger (2024 revenue: US$147 billion, up by 1.5% year-on-year via 2,731 stores) announced closure of 60 unprofitable stores in the U.S.A.…
Exclusive [mind Retail Exclusive] After the restaurant industry, Passcloud expands an e-marketing wallet with Etam, Viveh and Ni Cosmetic Americas Europe Passcloud, a French-American start-up specialising in digital wallet marketing, is diversifying towards fashion and beauty retailers, affiliate marketing agencies and travel retail. Co-Founder and C.E.O. Ludovic Chayrigues tells mind Retail about new customers and the outlook for retail tech.
With Scandit, Walmart aims to take in-store assistance to the next level Americas Intelligent software provider Scandit has just announced a renewal of a strategic partnership with Walmart in the USA. Samuel Mueller, C.E.O. of the Swiss unicorn, talked to mind Retail about the technological developments planned to enhance a customer experience at the world's leading retailer, which reports 18% of online sales.
Divestitures, restructuring: BHV and El Corte Inglés seek a second wind Europe In mid-June, El Corte Inglés department stores published annual results for the year ending February 2025. After deciding in April to abolish the executive committee,…
In Saudi Arabia, Chinese platforms JD.com and Meituan are battling in the delivery market Africa, Middle East After 5 months of wrangling in China, JD.com and Meituan are battling for the Middle East food delivery market. On June 18, JD.com (2024 revenue: $158.8 billion,…
In China, KFC equips managers with an AI voice assistant Asia In China, on June 20, 2025, Yum China (2024 revenue: US$10.65 billion, 2.5% after a rise of 14.1% in 2023) announced the launch of an AI-integrated voice assistant in several KFC restaurants.…
