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Keywords: Retail


Moroccan cybercriminals exploit global retail firms in gift card scheme

A sophisticated cybercrime campaign originating in Morocco has been targeting global retail and consumer services companies, stealing and monetizing gift cards on a large scale. Dubbed “Jingle Thief,” this operation has been active since 2021, leveraging cloud-based infrastructure to execute......

Surprise exit of Unibail-Rodamco-Westfield’s CEO shakes up the French retail giant

A major leadership shake-up has hit Unibail-Rodamco-Westfield (URW), the French commercial real estate giant that owns some of Europe’s largest shopping centers, including Forum des Halles in Paris and La Part-Dieu in Lyon. The group announced that its CEO and Chairman of the Management Board,......

Smash-and-grab at Chicago Louis Vuitton store turns deadly as heist escalates

A violent smash-and-grab robbery at the Louis Vuitton store on Chicago’s Magnificent Mile escalated into tragedy early Thursday morning. A group of nine suspects drove a pickup truck into the luxury storefront, looted merchandise worth over $180,000, and fled in multiple vehicles down East Walton......

Attijariwafa Bank names Rachid Kettani as deputy CEO, focusing on retail banking

Attijariwafa Bank Group has appointed Rachid Kettani as its new Deputy Chief Executive Officer, entrusting him with the leadership of the retail banking division. Kettani takes over from Hassan Bertal, marking a new chapter in the bank's strategic direction. A seasoned professional with over two......

Palantir's 400% surge cements its place as Wall Street's AI favorite

Palantir Technologies has emerged as a standout success story on Wall Street, with its stock skyrocketing over 400% in the past year. The data analytics company has captivated investors, surpassing even Nvidia in popularity among retail investors. Unlike its counterparts, Palantir's focus on AI applications......

Egyptian tech firm 2B launches first store in Morocco, driving North African expansion

Egyptian technology and IT solutions provider 2B has officially inaugurated its first retail store in Casablanca, marking a significant step in its strategy to expand across North Africa. This move follows the company’s successful operations in Egypt, Saudi Arabia, and China, and aims to provide......

Morrisons restricts stockroom access to improve customer service

In a bid to boost its customer service ratings, UK supermarket chain Morrisons has announced a new policy restricting shop floor staff from entering stockrooms, unless they are officially authorised. Beginning in August, only designated managers and employees—such as those responsible for online......

Morocco urges small shopkeepers to embrace digital payments to combat retail competition

Morocco’s government is calling on neighborhood shopkeepers, known locally as moul hanout, to adopt digital payment systems in response to mounting competition from retail giants. Secretary of State to the Minister of Industry, Omar Hjira, emphasized the need for these small businesses to modernize,......

French retail group Casino to expand with 210 stores in Morocco by 2035

The signing of the partnership French retail group Casino and Moroccan multi-sector company H&S Invest Holding announced on Monday a new partnership to bring Casino’s brands to Morocco. The first stores are expected to open in 2026. The two companies stated that the goal is to open more than......

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