BNPL: Dedicated to high baskets, Younited Pay expands in Spain Europe Already present in France and Italy, Younited Pay announced on 9 March that it is expanding into Spain.…
With 19% of online sales, Target reinvests US$100 million in e-commerce logistics Americas 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 on its profitability driver: e-commerce. Interestingly, the company has reached a ceiling in its online sales last year.
CSR. Ikea adopts bio-based glue to reduce its carbon footprint Europe Ikea's new CSR commitment? A corn-based glue. While the group has been using a fossil-based glue responsible for 5% of its overall carbon footprint for 60 years, it has announced that it will reduce its use by 40% in favour of a biosourced glue.
In Brazil, the “cash & carry” format made Carrefour and Casino successful in 2022 Americas In a context of pressure on margins, and debt reduction for Casino, Brazil is a strategic market for the French food giants. Cash & carry stores are particularly popular, and Casino and Carrefour are both reorganizing store formats.
Confidential. Mistigriff signs for Cegid Retail Store Excellence Europe According to a Cegid spokesperson at the 1-to1 briefing in Monaco,…
Maisons du Monde: partnering with Alma, the use of credit tripled in 12 months Europe Six months after launching payment in four installments without charge on its website and in store with Alma, Maisons du Monde presented its results at the end of December 2022 at the 1-to-1 conference in Monaco. Lessons learnt: the Web is not yet at the same level as offline, and the company is developing offers with longer monthly payments to encourage conversion in the face of purchasing power tensions.
USA: Meta stops live shopping initiatives Americas 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 videos on …
In 2022, Lego’s profit margin ratio exceeded that of LVMH Europe In 2022, Lego‘s turnover slowed down. From 27% growth a year ago, it grew by 17% in 2022 to €8.7 billion (constant rates) via 904 stores.…
Chinese toy retailer Pop Mart makes inroads in Paris Europe On February 25, Pop Mart (sales of US$242 million in H1 2022 via 400 stores,…
Wholesale. Stocks are piling up for Levi Strauss, Michael Kors and Vans Americas In Q4 2022, Levi Strauss, Capri (Michael Kors, Versace), VF Corp (Vans,…
