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.…
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.
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.
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,…
Mango takes on North America with 14 new stores Europe On 21 February, Mango (2021 sales of €2.23 billion, down by 5.9% vs. 2019) opened a first Canadian store (464 sq.m,…
Galeries Lafayette will reopen the store dedicated to Chinese tourists and sell the BHV flagship Europe According to mind Retail's information, the Galeries Lafayette group will soon reopen a store on Haussmann Boulevard dedicated to Asian customers and tax-free shopping. At the same time the firm entered into exclusive negotiations to sell the BHV Marais department store.
Flying Tiger aims to halve dependence on plastic at similar prices Europe The low-cost decoration and gadget chain Flying Tiger Copenhagen (858 stores worldwide, 2021 turnover of €510 million up by 8.5%) decided to halve dependence on virgin plastic by 2025 (versus 2019).…
Retail media: Frederic Marty-Debat joins Adeo Group Europe On February 9, 2023, Frédéric Marty-Debat said he joined Adeo, a subsidiary of the French Mulliez Group,…
