Infos Jean-Louis Borde, Gemo: “We are going to launch a rental service for our baby range” Fashion retailer Gemo, part of the Eram group, adapted logistic tools to embrace a circularity journey for rental services. Jean-Louis Borde, Supply-Chain Director, explained adoption of the new version of Manhattan Active's Warehouse Management System (WMS), which is currently deployed.
Infos China: Roche Bobois takes back control of Chinese franchisee On April 10, 2024, the family-owned Roche Bobois Group (annual sales of €429.6 million to 31 December 2023, up 6.1% at constant exchange rates) announced a strategic shift in China.…
Infos McDonald’s buys back Israeli franchise to curb boycott calls While McDonald’s has been the subject of numerous calls for boycotts over the last 6 months, on April 4,…
Infos Autonomous stores: with a smart shopping cart, Amazon is aiming for a more omnichannel retail media By deploying a smart shopping cart in large-format stores, to the detriment of "Just Walk Out" technology, Amazon is seeking to capitalise on a new medium for retail media. Has the limits of autonomous checkout been reached ?
Infos The Home Depot continues B2B expansion with acquisition of SRS Distribution In the United States, on March 28, 2024, The Home Depot (sales of US$152.67 billion in 2023, down by 3% in one year with a net margin at 9.9% of sales,…
Infos Chase believes it has cards to play in retail media Is retail media the future of banking? On April 3, 2024, the retail bank Chase (JPMorgan) launched Chase Media Solutions (CMS), a retail media platform.…
Infos In Milan, Kering spends €1.3 billion on the second most expensive street in the world On 4 April, Kering (sales of €19.6 billion in 2023, down 2% in one year, and a net margin of 15.6% of sales,…
Infos In France, 47% of influencers do not comply with the law In France, the 9 June 2023 law aimed at regulating commercial influence and combating the poor behaviour of influencers on social networks established a legal framework for advertising practices.…
Infos Ikea buys Ikano Bank Swedish retailer Ikea, which offers fractional payment (BNPL) and consumer credit services, could soon be expanding a range of financial services.…
Infos Department stores: Central Group wants to buy Signa Holding’s property assets According to Reuters, the luxury division of Austrian property company Signa Holding (US$ 5.5 billion in debt as of November 2023),…
Infos Fashion: U.S.A. second-hand clothing is struggling to make profits In America, both ThredUp and The RealReal continue to report losses. According to GlobalData, the second-hand fashion market is fast overtaking as the traditional market.
Infos Regulatory: Brussels agrees directive on platform workers On 12 March 2024, the European Council confirmed the directive on the rights of platform workers. This text could now pave the way for massive wage reclassifications. There are 43 million self-employed drivers and delivery workers.
Essentiels Last mile: the new levers of mutualization As the retail sector is trying to optimize the last-mile efficiency, mind Retail interviewed an array of retailers and tech solutions providers (Woop, Delipop, OuiDrop, Shopopop, Yper...). With technologies such as automated lockers, collaborative delivery, innovative Delivery Management Systems and development of fintech services, here are the best practices and new trends.
Infos Hampered by geopolitical tensions, Majid Al Futtaim ends 2023 almost at a standstill Affected by the Israeli-Palestinian conflict and the devaluation of the Egyptian currency, Majid Al Futtaim unveiled mixed financial results for 2023.
Infos VFCorp launches Supreme in China with a first owned store On March 22, 2014, the Supreme fashion brand opened a first owned store in China,…