Confidential. Carrefour hypermarket offer soon available on Uber Eats After having successfully regained market share and customers for physical stores, Carrefour is investing with Uber Eats to rebuild e-commerce.
Kiabi to open soon 70 corners in Auchan hypermarkets Kiabi unveiled their strategic roadmap for 2023. This includes expanding products for children and babies, launching the new marketplace in Spain and Italy and massively rolling out “corners” at Auchan hypermarkets.
To compete with Cdiscount, Mirakl launches a retail media offer Mirakl, the software publisher which specializes in marketplaces with clients such as Boots and Leroy Merlin,…
Etam adopts an innovative technology to dye fabrics on demand Europe The lingerie retailer Etam (whose brands include Undiz and Etam, with 85% of the range from Asia and 15% from Europe) aims for a more reactive supply chain.…
South Korea: Ocado signs with Lotte Group to open robotic warehouses Asia UK-based Ocado signed a deal with Lotte Shopping (Lotte Group’s retail subsidiary) to build robotic warehouses but no value was announced.…
[Amazon Results] At nearly US$10 billion, advertising outpaces subscriptions for US giant For the first time, Amazon's advertising revenue exceeded subscriptions revenue in Q3 2022. The services to third-party merchants, the second largest business unit, and AWS remained very dynamic : they generated altogether almost US$9 billion in additional revenue in Q3. Online sales, as Amazon's largest business, returned to growth in Q3 2022 after three quarters of decline.
Banyan wants to bridge the first-party data gap between retailers and fintechs The American company Banyan is developing a platform that enables retailers to feed their purchase data to financial players, in order to enrich services and applications through dedicated integrations. We met C.E.O. Jehan Luth.
Simon Property partners with Alibaba to accelerate live shopping Asia To strengthen business with Chinese consumers, the U.S. mall owner Simon Property unveiled a groundbreaking partnership with Alibaba, via "live shopping" sessions. The launch is scheduled for 11/11.
Japan. Shein opens its first permanent store to boost omnichannel Asia Chinese fast fashion giant Shein (valued at €91 billion in April 2022) will open a first permanent store in Tokyo on 13 November. Located in the lively Harajuku district,…
Poland. The convenience store giant Zabka to be nationalised Europe The Polish government announced an intention to acquire the country’s leading convenience store chain, Zabka (8,000 franchise stores, 2021 turnover of US$2.5 billion,…
Free “77% of retailers want to increase the drive-to-store portion of their advertising investment” By Sandrine Prefaut, Managing Director of S4M in France. Operating in 10 countries (USA, Canada, France, Italy, UK, Switzerland, Benelux, Asia-Pacific region…), S4M is an international “drive to store” platform, expert in generating traffic in physical and digital points of sale.
The Thai example of Central Food Retail. Understanding the elements of online profitability Asia With a turnover of €2.1 billion in 2020, Central Food Retail under Central Retail is the largest supermarket chain in Thailand (more than 1,000 stores). From delivery in less than 25 minutes (known as Quick Commerce), to picking arbitrages and the imminent launch of a subscription offer, E-commerce and Digital Director Julien Tessonneau details his roadmap. Exclusively for Mind Retail.
Free Home electrical products. Why rental sites flourish For electronic devices, circular Economy models that maximizes convenience and minimizes expense for consumers gain traction in Europe.
Confidential. Carrefour hypermarket offer soon available on Uber Eats After having successfully regained market share and customers for physical stores, Carrefour is investing with Uber Eats to rebuild e-commerce.
To compete with Cdiscount, Mirakl launches a retail media offer Mirakl, the software publisher which specializes in marketplaces with clients such as Boots and Leroy Merlin,…
Banyan wants to bridge the first-party data gap between retailers and fintechs The American company Banyan is developing a platform that enables retailers to feed their purchase data to financial players, in order to enrich services and applications through dedicated integrations. We met C.E.O. Jehan Luth.
Gucci appoints a Chief Metaverse Officer Gucci (519 stores at the end of June 2022, half-yearly turnover of €5.17 billion, up 8% on a comparable basis) is expanding into the metaverse.…
Free [FrenchFounders Guest] Cathy Collart Geiger, C.E.O. of Picard Interviews Exclusive interview with Cathy Collart Geiger, Picard's C.E.O. as a guest at the last FrenchFounders meeting in Paris. She explains her ambitions for the group's growth.
Frédéric Marty-Debat to move to retail Frenchman Frédéric Marty-Debat will be leaving as Managing Director of Publicis Commerce France, according to information from mind Retail on Friday 21st October. He will be taking over the management of an e-retail business,…
Kiabi to open soon 70 corners in Auchan hypermarkets Kiabi unveiled their strategic roadmap for 2023. This includes expanding products for children and babies, launching the new marketplace in Spain and Italy and massively rolling out “corners” at Auchan hypermarkets.
Free Apparel Group opens first “phygital” fashion store in Dubai Sit comfortably on a couch in front of a giant screen showing brand images like Calvin Klein or Tommy Hilfiger. Select the items you like on the shelves provided.…
Ingka Centres starts construction of a first Indian mall … Ingka Centres, a subsidiary of the Ingka Group (turnover of €37.4 billion in the fiscal year to August 2021 up by 6% year-on-year) started construction of the Gurugram mixed-use complex on 16 August 2022.…
[Amazon Results] At nearly US$10 billion, advertising outpaces subscriptions for US giant For the first time, Amazon's advertising revenue exceeded subscriptions revenue in Q3 2022. The services to third-party merchants, the second largest business unit, and AWS remained very dynamic : they generated altogether almost US$9 billion in additional revenue in Q3. Online sales, as Amazon's largest business, returned to growth in Q3 2022 after three quarters of decline.
Ads.txt: which advertising providers do retailers work with? In our study of 100 e-commerce sites worldwide, mind Retail analysed the relationships between retailers' websites and marketplaces alongside service providers responsible for selling their advertising inventory in programmatic mode. E-retail media continues to grow at a significant rate 2 years after the pandemic. Online shopping and associated advertising are now a seamless fact of life for consumers. According to the latest GroupM report in September 2022, retail media is expected to reach US$101 billion in 2022 worldwide, up by 15% year-on-year. This segment accounted for 18% of global digital advertising revenue in 2021. Although the trend is growing, there remain few retailers who are involved in programmatic advertising sales. We read this as a sign of a relative maturity in the market. Out of a study of 100 e-commerce sites, only 22 offered an ‘ads.txt’ file.
Free Reconciling e-commerce and stores: what are the best practices of phygital? In terms of omnichannel and phygital retail, winners are rare. How do you bring a Web offer into the physical store? What can DNVB and ONVB teach traditional retailers? Is omnichannel a way to bring customers back to a store? Is the extension of the offer (e-commerce, marketplace) essential to gain market share? As traffic in specialized stores shrinks, mind Retail offers an overview of good practices to encourage conversion of enquiry to sale.
India & Italy. Antitrust watchdogs focus on Amazon’s practices In mid-December 2021 in Italy, Amazon was fined €1.13 billion for Abuse of Dominant Position. The competition authority cited discrimination against merchants who had not used Amazon’s fulfillment service. This programme allows third-party merchants to delegate to Amazon all their logistical operations (storage,…
The young designer of Parade wants to dethrone Victoria Secret The news is rich for the highly emblematic Cami Téllez, Founder of Parade, a direct-to-consumer lingerie brand currently valued at US$140 million. In November 2021, she opened her first brick-and-mortar store in New York.…
[Exclusive] Wholesale pure-player Boxed to grow by 40% Although it remains smaller than Sam’s Club and Costco, the online retailer Boxed is showing insolent growth in the online wholesale sector.…
Etam adopts an innovative technology to dye fabrics on demand Europe The lingerie retailer Etam (whose brands include Undiz and Etam, with 85% of the range from Asia and 15% from Europe) aims for a more reactive supply chain.…
South Korea: Ocado signs with Lotte Group to open robotic warehouses Asia UK-based Ocado signed a deal with Lotte Shopping (Lotte Group’s retail subsidiary) to build robotic warehouses but no value was announced.…
Simon Property partners with Alibaba to accelerate live shopping Asia To strengthen business with Chinese consumers, the U.S. mall owner Simon Property unveiled a groundbreaking partnership with Alibaba, via "live shopping" sessions. The launch is scheduled for 11/11.
