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Walmart settles same-sex spouse benefits discrimination suit

Walmart settles same-sex spouse benefits discrimination suit

09/12/2016 - 11:50
Walmart has agreement to a settlement in a lawsuit that accused the retailer of discrimination against gay employees who were unable to get healthcare coverage for their same-sex spouses.  read more
Zara owner ‘aggressively’ avoided a huge amount of tax, Green party alleges

Zara owner ‘aggressively’ avoided a huge amount of tax, Green party alleges

09/12/2016 - 11:46
Brussels — Inditex, the world’s biggest clothing retailer and owner of the Zara and Massimo Dutti brands, used "aggressive" techniques to sidestep at least €585m in taxes from 2011 to 2014, according to Green party legislators in the European Parliament. read more
American Apparel seeks to close nine stores before January auction

American Apparel seeks to close nine stores before January auction

09/12/2016 - 11:06
The ongoing saga of American Apparel is slowly making its way to a final conclusion. read more
Starbucks to bolster mobile app with artificial intelligence, personalisation

Starbucks to bolster mobile app with artificial intelligence, personalisation

09/12/2016 - 10:51
Starbucks Corp. is taking its already robust mobile ecosystem to the next level.  read more
Wayfair app lets shoppers visualize decor in their own homes

Wayfair app lets shoppers visualize decor in their own homes

08/12/2016 - 11:34
Wayfair announced View in Room, a new feature in its flagship mobile application that allows shoppers to see 2-D images furniture and décor in their homes through the camera on their phones before they buy the products. read more
Asia will lead global grocery market by 2021: IGD

Asia will lead global grocery market by 2021: IGD

06/12/2016 - 12:49
The grocery market in Asia is preparing to boom, said retail analyst IGD. read more
Amazon unveils totally checkout-free grocery market

Amazon unveils totally checkout-free grocery market

06/12/2016 - 08:45
The king of the retail jungle roars again. Amazon has unveiled a grocery store with no lines, no registers, no cashiers and no self-checkouts. Amazon Go, a 1,800-square-foot retail space located in the company’s hometown of Seattle, lets shoppers grab the items they want and leave; the order then gets charged to the customer's Amazon account. read more
Starbucks CEO Howard Schultz stepping down; will hand reins to company COO

Starbucks CEO Howard Schultz stepping down; will hand reins to company COO

05/12/2016 - 10:04
Howard Schultz is leaving his post as CEO of the company he built into a global coffee empire, but he’s not retiring. read more
The winners and losers of Black Friday 2016

The winners and losers of Black Friday 2016

30/11/2016 - 09:11
Online shopping scaled new highs, and civility plunged to new lows. Here's what you need to know. read more
Google getting more serious about brick-and-mortar retail

Google getting more serious about brick-and-mortar retail

29/11/2016 - 09:12
Google is expanding its brick-and-mortar presence.  read more
US consumers blow $3.34bn on Black Friday, break mobile shopping record

US consumers blow $3.34bn on Black Friday, break mobile shopping record

28/11/2016 - 15:58
It was an extremely healthy Black Friday for US retailers according to new data released by Adobe. read more
Walmart's plan for worldwide e-commerce domination

Walmart's plan for worldwide e-commerce domination

25/11/2016 - 13:34
To compete in the ongoing online retailing arms race, Walmart is bringing its sizable resources to bear to capture not only the U.S., but the global e-commerce market. CEO Doug McMillon recently laid out four key priorities for the retailer as it looks to not only continue to dominate the physical retail space but make significant inroads in e-commerce: make every day easier for busy families, operate with discipline, be the most trusted retailer, and deliver results and position the company to win. read more
Dr Pepper Snapple buys Bai Brands for $1.7 billion

Dr Pepper Snapple buys Bai Brands for $1.7 billion

24/11/2016 - 09:35
Dr Pepper Snapple Group agreed to acquire Bai Brands for $1.7 billion, snapping up a maker of fruit-flavoured, antioxidant-infused beverages in a bid to attract health-focused consumers. read more
Hermès knows secret to bagging the rich’s money

Hermès knows secret to bagging the rich’s money

21/11/2016 - 08:41
In June, an Hermès Himalayan Nilo Crocodile Birkin handbag sold at auction in Hong Kong for just more than $300,000. read more
 L'Oréal awarded ‘A’ grade for water management

L'Oréal awarded ‘A’ grade for water management

18/11/2016 - 16:44
Cosmetics company L'Oréal has been placed on the ‘Water A List’ by the Carbon Disclosure Project for its sustainable management of water. read more
Walmart moves full steam ahead in ecommerce

Walmart moves full steam ahead in ecommerce

18/11/2016 - 10:00
Perhaps seeing an afterburner kick in from the summer’s Jet.com acquisition, Walmart reported a healthy 21% jump in its ecommerce sales for the third quarter. read more
Carrefour to stop selling plastic bags by 2020

Carrefour to stop selling plastic bags by 2020

17/11/2016 - 14:43
Carrefour will aim to end its distribution of one-time-usage plastic bags at checkouts globally by the year 2020. read more
Regency Centers, Equity One merge in $15 billion deal

Regency Centers, Equity One merge in $15 billion deal

17/11/2016 - 10:30
Regency Centers, a major player in grocery-anchored centers with 307 properties, and Equity One, owner of 98 retail properties, have signed an agreement to merge. Regency will continue as the surviving public company and, it claims, assume the position as the largest shopping centre real estate investment trust. read more
Hugo Boss to slim down and refocus

Hugo Boss to slim down and refocus

17/11/2016 - 09:41
Berlin — The new CEO of Hugo Boss says a plan to revive the struggling German fashion house by cutting brands and seeking to appeal to fashion-conscious younger customers will bear fruit only from 2018, sending its shares lower on Wednesday. read more
Auchan to trial robotic trolley

Auchan to trial robotic trolley

16/11/2016 - 11:53
Auchan Retail France will be testing a new robotic shopping trolley designed to help people with limited mobility, LSA.fr reported. read more
Amazon expands home services

Amazon expands home services

15/11/2016 - 11:39
Consumers in more cities will soon be able to turn to the nation’s largest e-commerce retailer to find help for home chores and services. read more
Whole Foods invests more than $700 million in stores and tech initiatives

Whole Foods invests more than $700 million in stores and tech initiatives

14/11/2016 - 10:21
Whole Foods Market remains committed to IT investment and innovation despite slumping sales. Like most grocers, the retailer is struggling with increased competition and a highly promotional market which has led to lower year-over-year sales. Despite slumping sales for the year, the retailer is powering to the finish in 2016 with a 2% increase in sales in 4Q, setting a new company record with $3.5 billion in revenue for the quarter. read more
What President Trump means for retailers

What President Trump means for retailers

10/11/2016 - 14:19
After a long night, Republican candidate Donald Trump was voted into the White House. Here’s how his administration could impact trade, tax reform, and labour issues. read more
Burberry to cut up to 20% of its product lines in battle for customers

Burberry to cut up to 20% of its product lines in battle for customers

10/11/2016 - 09:24
London — British luxury brand Burberry is cutting 15%-20% of its product lines, aiming to focus on its newest ranges as it battles to attract shoppers in a volatile luxury goods market. read more
Whole Foods to launch national rewards program

Whole Foods to launch national rewards program

08/11/2016 - 16:50
Whole Foods Market is preparing to roll out a rewards program nationwide amid increasing competition for its shippers. read more
Starbucks ends its fiscal year on a high note

Starbucks ends its fiscal year on a high note

08/11/2016 - 16:31
Starbucks Corp. is feeling its oats. read more
Walmart to run on 50% clean energy by 2025

Walmart to run on 50% clean energy by 2025

08/11/2016 - 11:06
Already focused on burnishing its public image via better treatment of employees, Walmart is now moving to sustainability and local product sourcing as its next positive courses of action. The retailer laid out an environmental roadmap in which the company would get 50% of its energy from clean and renewable sources by 2025. read more
PetSmart launches new shopper-influenced website

PetSmart launches new shopper-influenced website

08/11/2016 - 10:51
Creating a true “commerce-meets-content” experience, PetSmart introduced a new website that complements its omnichannel efforts. read more
Walmart’s new sustainability roadmap includes focus on renewable energy

Walmart’s new sustainability roadmap includes focus on renewable energy

07/11/2016 - 09:32
Walmart is setting some lofty goals for itself on such critical issues as sustainability and job creation.  read more
Wal-Mart e-commerce execs exit in wake of Jet merger

Wal-Mart e-commerce execs exit in wake of Jet merger

03/11/2016 - 11:49
Wal-Mart’s $3.3 billion purchase of e-commerce upstart Jet has led to a shakeup of the retail giant's digital operations, with several Wal-Mart executives leaving to make way for Jet personnel, The Wall Street Journal reports. read more
Walmart and Kroger in dead heat

Walmart and Kroger in dead heat

03/11/2016 - 08:49
Two of the nation’s largest retailers shared the No. 1 position in a ranking of the top U.S. retailers. read more
Amazon planning as many as 2K grocery stores

Amazon planning as many as 2K grocery stores

31/10/2016 - 16:44
Amazon has plans to open 20 physical grocery stores in major U.S. cities over the next two years, with ambitions to open as many as 2,000 over the next decade, according to internal company documents obtained by Business Insider. read more
Luxury’s turmoil sparks Coach-Burberry merger chatter

Luxury’s turmoil sparks Coach-Burberry merger chatter

28/10/2016 - 10:19
Although neither retailer has commented on the speculation and a Reuters report asserted the brands were not in active merger talks, the rumored $20 million Coach-Burberry merger does cast a shadow over the direction of the luxury vertical as revenue continues to dwindle. The personal luxury goods market is set to grow at 0.1%, its lowest annual rate since 2009, forcing brands to seek new options to recapture that lost revenue, cut operating costs, or both. read more
Harrods set to record 7th year of sales & profits increase

Harrods set to record 7th year of sales & profits increase

27/10/2016 - 16:02
world-renowned department store Harrods is expected to post record sales and profits for the seventh year in a row next week, according to reports. read more
Morningstar: Mall investors poised to lose billions as shopping shifts online

Morningstar: Mall investors poised to lose billions as shopping shifts online

27/10/2016 - 09:26
As the retail landscape changes due to the growth of e-commerce, the diminishing of department stores and the shrinking of many retailers’ physical footprints, commercial mortgage-backed securities (CMBS) loans backed by malls have suffered, according to a report from Morningstar Credit Ratings.  read more
River Island and Nedap roll out RFID within 7 months

River Island and Nedap roll out RFID within 7 months

26/10/2016 - 14:50
Retailer rolls out RFID to 280 stores after achieving sales increase in first stores read more
Gucci, Stella McCartney parent company sales up by 10%

Gucci, Stella McCartney parent company sales up by 10%

26/10/2016 - 12:50
The parent company of luxury fashion retailers Gucci and Stella McCartney has recorded a 10 per cent sales increase in its latest quarterly report. read more
Supervalu Sells Save-A-Lot for $1.3 Billion

Supervalu Sells Save-A-Lot for $1.3 Billion

26/10/2016 - 10:35
Supervalu announced the sale of Save-A-Lot business to Onex Corporation, one of North America’s oldest private equity firms, for $1.3 billion in cash. read more
EBay continues brand repositioning as profits dip

EBay continues brand repositioning as profits dip

25/10/2016 - 12:35
Although eBay has long been known as an online destination where shoppers place bids in an auction-style setting, the e-Commerce brand wants to make it clear to shoppers that it is a go-to destination for all online shopping needs. In fact, eBay says 80% of the items on its site are new, with 86% sold at a fixed price. New search features, including a visual search tool, are designed to provide consumers with an improved online shopping experience. read more
Apple upgrades “stores” to mini-town squares

Apple upgrades “stores” to mini-town squares

25/10/2016 - 09:00
On the heels of removing the word “store” from it branding efforts and perhaps leading the charge in the changing role of the retail store, Apple’s retail chief, Angela Ahrendts revealed the technology giant is turning its locations into mini town squares. read more
Tesco trials new anti-fraud Tap&Tag technology

Tesco trials new anti-fraud Tap&Tag technology

24/10/2016 - 09:54
Tesco has rolled out new Tap&Tag technology, which aims to replace paper receipts completely with digital ones. read more
EBay debuts chatbot for Facebook Messenger

EBay debuts chatbot for Facebook Messenger

21/10/2016 - 09:14
Bay debuted a beta version of a new artificial intelligence-driven personalized shopping assistant called eBay ShopBot on Facebook Messenger on Monday. The bot answers search queries from shoppers, asks them questions to refine their product searches and learns from each experience, according to a company blog post. read more
 Starbucks plans to double number of locations in China

Starbucks plans to double number of locations in China

20/10/2016 - 14:55
Chicago - Starbucks will more than double its number of locations in China by 2021, increasing the company’s bet on a country that chief executive officer Howard Schultz says eventually could be a bigger market than the US. read more
Walmart to invest $25m in China food safety research

Walmart to invest $25m in China food safety research

20/10/2016 - 14:30
Shanghai - Walmart and its foundation are investing $25m over five years in food safety research in China, as the world’s largest retailer seeks to strengthen its foothold in the country more than two years after it was hit by high-profile product scandals.  read more
Burberry sees UK sales sparkle on Brexit-hit pound

Burberry sees UK sales sparkle on Brexit-hit pound

20/10/2016 - 10:56
LONDON - Luxury fashion giant Burberry, famed for its designer handbags and trenchcoats, said Tuesday that British sales have soared since the Brexit vote as tourists took advantage of the plunging pound. read more
Gap to shut Banana Republic stores in Britain

Gap to shut Banana Republic stores in Britain

20/10/2016 - 10:40
NEW YORK: US apparel group Gap Inc. will close its Banana Republic stores in Britain as it streamlines its brick-and-mortar presence outside North America in response to weak sales. read more
Fashion retail's steepest sales decline in 7 years

Fashion retail's steepest sales decline in 7 years

18/10/2016 - 12:42
The UK’s fashion retail sector experienced the biggest decline in sales since 2009, according to new data from Kantar Worldpanel. read more
PepsiCo pledges healthier offerings

PepsiCo pledges healthier offerings

18/10/2016 - 12:23
NEW YORK - PepsiCo set new targets for more healthful food and beverages Monday and announced pledges to reduce product packaging and limit water use. read more
With Samsung licking its wounds, can Google finally ignite retail sales?

With Samsung licking its wounds, can Google finally ignite retail sales?

17/10/2016 - 14:55
Smartphones have become an essential part of day-to-day life in the developed world over the past half-decade. read more
SIAL 2016 kicks off in Paris, encouraging visitors to 'look deeper'

SIAL 2016 kicks off in Paris, encouraging visitors to 'look deeper'

17/10/2016 - 10:32
One of the most comprehensive and inspiring food exhibitions in the world, SIAL opened its doors at Paris Nord-Villepinte yesterday (Sunday 16 October), showcasing, once again, the hottest food trends and innovations from around the world. read more
Hamleys profits plunge after £1m takeover

Hamleys profits plunge after £1m takeover

17/10/2016 - 10:09
Heritage toy retailer Hamleys has recorded a 55 per cent slump in full-year pre-tax profits, primarily due to the cost if its takeover by Chinese company C.banner International. read more
"Marmageddon" avoided as Tesco and Unilever settle dispute

"Marmageddon" avoided as Tesco and Unilever settle dispute

14/10/2016 - 16:43
Tesco and Unilever have settled their dispute over prices and called an end to “Marmitegate”, following the grocer's refusal to pay an extra 10 per cent for goods. read more
Walmart doubles down on digital, pumps up global investments

Walmart doubles down on digital, pumps up global investments

14/10/2016 - 09:46
Two months after acquiring Jet.com for $3.3 billion, Walmart is once again taking steps to narrow its e-Commerce gap with Amazon, and to take the fight global. read more
Amazon to open quick pickup grocery shops: report

Amazon to open quick pickup grocery shops: report

14/10/2016 - 09:22
SAN FRANCISCO - Online retail giant Amazon plans to expand its grocery business with shops that let people quickly pick up milk, vegetables or other perishable foods, the Wall Street Journal reported on Tuesday. read more
Whole Foods Market honored for eco-friendly refrigeration

Whole Foods Market honored for eco-friendly refrigeration

12/10/2016 - 09:45
Whole Foods Market has received an award for deploying cutting-edge, advanced refrigeration technology. read more
Walmart to slow new store growth, invest in remodels and online

Walmart to slow new store growth, invest in remodels and online

10/10/2016 - 16:22
Walmart gave a lackluster profit outlook for next year, and said it will slow new store openings as it invests in remodels and digital initiatives. read more
 Online food sales grow by two thirds in Spain

Online food sales grow by two thirds in Spain

10/10/2016 - 11:23
Online sales at hypermarkets, supermarkets and food shops in Spain reached €80.6 million between January and March of this year, which represents a growth of almost two-thirds (64.5%) compared to the €49 million achieved during the same period last year. read more
Spar International opens first stores in Albania

Spar International opens first stores in Albania

10/10/2016 - 09:58
Spar International has opened its first two stores in Albania, in Tirana East Gate (TEG) and in the QTU shopping centre, following the announcement of its recent partnership with local operator Balfin Group. read more
Toys ‘R’ Us sells FAO Schwarz to toy manufacturer

Toys ‘R’ Us sells FAO Schwarz to toy manufacturer

06/10/2016 - 15:10
More than a year after closing the iconic Manhattan FAO Schwarz store, Toys ‘R’ Us is selling off the brand to California-based toy manufacturer ThreeSixty Group, according to a report from Fortune. The terms of the transaction were not disclosed.  read more
Twin Cities mall slated for $76 million makeover

Twin Cities mall slated for $76 million makeover

05/10/2016 - 14:21
One of Minnesota’s highest-volume malls is about to get a $76 million renovation that will give it new retail space and sight lines and – more rare these days – a new department store tenant. read more
Target launches new website for tech startup pitches

Target launches new website for tech startup pitches

03/10/2016 - 15:44
Target has launched a new website to appeal to startups, inviting them to pitch technology concepts for consideration for possible pilot programs, according to the Minneapolis Star Tribune. read more
 UK consumers shake off Brexit as economic optimism surges

UK consumers shake off Brexit as economic optimism surges

30/09/2016 - 13:36
Amsterdam - UK consumers appear to be shrugging off some initial Brexit concerns as their worst fears about the economy are allayed. read more
H&M third-quarter earnings miss estimates

H&M third-quarter earnings miss estimates

30/09/2016 - 10:20
Stockholm - Hennes & Mauritz (H&M) reported third-quarter earnings short of analysts’ expectations as the Swedish fashion retailer marked down prices and the strong dollar raised garment costs. read more
Visa teams up with Oracle to offer retailers feedback on online ads

Visa teams up with Oracle to offer retailers feedback on online ads

29/09/2016 - 11:51
Visa and Oracle are partnering to provide merchants with new insights regarding their digital ads. read more
Sainsbury sales weaken on lower prices

Sainsbury sales weaken on lower prices

28/09/2016 - 11:16
London - UK grocer Sainsbury reported slightly weaker sales as it offered customers fewer promotions and switched to permanent price cuts on everyday items such as pizza and onions. read more
 Wal-Mart in talks to invest up to $1bn in India's Flipkart

Wal-Mart in talks to invest up to $1bn in India's Flipkart

28/09/2016 - 09:08
Bangalore - Wal-Mart Stores is in advanced discussions to invest as much as $1bn into India’s Flipkart Online Services, as the two companies battle Amazon.com in e-commerce, according to a person familiar with the matter. read more
Best Buy's Ignite initiative spotlights startups in stores, online

Best Buy's Ignite initiative spotlights startups in stores, online

27/09/2016 - 14:07
Best Buy unveiled a new program called Ignite, dedicating space in stores for products and services from startups. The electronics retailer is also supporting startups' product development and manufacturing efforts through a partnership with PCH, a product innovation company that works closely with emerging businesses. read more
Target chief digital officer exits abruptly

Target chief digital officer exits abruptly

27/09/2016 - 10:52
Jason Goldberger, Target Corp.’s chief digital officer and president of Target.com, has left the company "effective immediately" after being the first to take on the newly created position in May, according to the Minneapolis Star Tribune.  read more
Amazon crafts new section for 'Handmade' goods in Europe

Amazon crafts new section for 'Handmade' goods in Europe

26/09/2016 - 11:50
PARIS - US online retailing giant Amazon rolled out across Europe on Thursday its section where it features hand-crafted products sold directly by artisans. read more
Typo to open first UK store in December

Typo to open first UK store in December

23/09/2016 - 11:36
Australian stationery retailer Typo is set to open its first UK shop in London in December, according to reports. read more
Surplus supermarket fights back against food waste

Surplus supermarket fights back against food waste

22/09/2016 - 16:35
A new shop selling surplus supermarket stock has opened in Leeds to an overwhelming reception.  read more
Seventh Generation CEO: Here's how the Unilever deal went down

Seventh Generation CEO: Here's how the Unilever deal went down

21/09/2016 - 15:24
The inside story.  read more
River Island's mixed results prompts owners to redirect dividends

River Island's mixed results prompts owners to redirect dividends

21/09/2016 - 11:52
River Island experienced a mixed bag of results in its sales and profits last year, prompting the family that owns it to redirect any dividends back to the company instead. read more
EU probes Polish supermarket tax

EU probes Polish supermarket tax

20/09/2016 - 16:26
BRUSSELS - The European Union on Monday opened a probe into Poland's new tax on supermarkets, risking to worsen a row with conservative-led Warsaw. read more
Report: Sears to shut more Kmart stores in 13 states

Report: Sears to shut more Kmart stores in 13 states

20/09/2016 - 09:03
Sears Holding Corp. plans to shutter additional Kmart stores in at least 13 states by mid-December, Business Insider reports, using information from store employees and financial filings. read more
Zeekit launches app to virtually try on outfits before buying online or in-store

Zeekit launches app to virtually try on outfits before buying online or in-store

19/09/2016 - 14:26
NEW YORK - Zeekit, a B2C platform and mobile app that reinvents the way consumers browse, share and shop from their mobile devices, has launched an advanced virtual fitting room app for consumers and retailers. read more
Report: Unilever in talks to acquire Honest Co.

Report: Unilever in talks to acquire Honest Co.

19/09/2016 - 14:19
Consumer goods giant Unilever PLC is discussing an acquisition of Honest Co., co-founded by actress Jessica Alba, sources told the Wall Street Journal. read more
JCPenney invests in omnichannel tech, and it's working

JCPenney invests in omnichannel tech, and it's working

19/09/2016 - 12:05
The tides may be turning for JCPenney, as the company firmly invests in omnichannel technologies, including buy online, pick-up-in-store (BOPIS), a new mobile app, and mobile POS. Total sales during the company's second-quarter 2016 grew 1.5%, to $2.9 billion, while comparable sales increased 2.2% year over year during the quarter and 6.3% from levels two years ago.  read more
Barnes & Noble continues refresh of stores and website amidst declining sales

Barnes & Noble continues refresh of stores and website amidst declining sales

15/09/2016 - 11:53
Online sales were the one bright spot for Barnes & Noble Inc, improving during first quarter 2016 thanks to a decline of 1.6% as compared to the prior year decreased traffic. read more
Hermés drops mid-term revenue target

Hermés drops mid-term revenue target

14/09/2016 - 10:42
London - Hermés International abandoned its mid-term annual sales growth target as political and monetary issues damp prospects for the luxury-goods market. read more
 Walmart’s UK job cuts show how Asda fell behind

Walmart’s UK job cuts show how Asda fell behind

13/09/2016 - 09:00
London - Slumping sales at Walmart's Asda supermarket chain have been accompanied by thousands of job cuts that analysts say may help explain the UK grocer’s declining fortunes. read more
Report: Amazon handily trumps Jet on price, assortment

Report: Amazon handily trumps Jet on price, assortment

12/09/2016 - 14:09
E-commerce upstart Jet, recently acquired by Wal-Mart Stores Inc. for $3.3 billion, failed to beat Amazon on price on 44% of 331 best-selling items, undercutting its rival just 16% of the time, according to a study conducted by Boomerang Commerce for Business Insider.  read more
Gap becomes latest to reveal its supplier factories

Gap becomes latest to reveal its supplier factories

09/09/2016 - 16:20
WASHINGTON: Global clothier Gap Inc this week became the latest apparel retailer to identify the factories which produce its garments, helping shed light on how the world's clothing is made. read more
Burberry crowned leader in sustainability

Burberry crowned leader in sustainability

09/09/2016 - 08:55
Burberry has been named the industry leader in sustainability by the 2016 Dow Jones Sustainability Index (DJSI).  read more
Hundreds of retailers urge Congress to preserve swipe fee regulations

Hundreds of retailers urge Congress to preserve swipe fee regulations

08/09/2016 - 12:19
More than 400 U.S. retailers have signed a letter to members of Congress, urging lawmakers to preserve the so-called “Durbin Amendment” to the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.  read more
 PayPal and Mastercard expand partnership

PayPal and Mastercard expand partnership

08/09/2016 - 10:13
PayPal and MasterCard announced an expansion on their existing partnership that will enhance the consumer experience making MasterCard a payment option within PayPal. It will also enable MasterPass as a payment option for Braintree merchants and expand PayPal’s presence at the point of sale. read more
Amazon expands delivery service to take on Deliveroo, UberEATS

Amazon expands delivery service to take on Deliveroo, UberEATS

07/09/2016 - 11:34
First it was the supermarkets, now it’s the restaurants – Amazon has just expanded its delivery services with the launch of Amazon Restaurant, allowing customers to have meals delivered within one hour. read more
Former Amazon and J Crew execs join fast-growing plus-size brand

Former Amazon and J Crew execs join fast-growing plus-size brand

07/09/2016 - 08:40
Eloquii, a fast-growing, plus-size women’s fashion apparel manufacturer and online-only player, has expanded its executive team with two experienced retailers.  read more
Tesco pushes its "Scan as you Shop" service

Tesco pushes its "Scan as you Shop" service

05/09/2016 - 12:32
Tesco has pushed its new Scan as you Shop service to a further 20 stores nationwide. read more
Burberry voted best multi-channel retailer

Burberry voted best multi-channel retailer

01/09/2016 - 12:12
A new report has rated Burberry as the top multi-channel retailer, due to the strength of its mobile commerce platform. read more
Abercrombie & Fitch suffers 14th straight quarterly sales tumble

Abercrombie & Fitch suffers 14th straight quarterly sales tumble

31/08/2016 - 09:08
Teen apparel retailer Abercrombie & Fitch reported on Tuesday that Q2 net sales fell 4% from the same quarter last year to $783.2 million and that Q2 same-store sales were also down 4% year over year. read more
Is Walmart poised to triumph in e-commerce?

Is Walmart poised to triumph in e-commerce?

29/08/2016 - 10:22
After several quarters of disappointing online sales, Wal-Mart Stores, Inc.'s e-commerce sales increased 11.8% in its second quarter 2017 with U.S. e-commerce results stronger than key international markets for the retailer. While one quarter of sales acceleration doesn't spell success, Walmart has been making huge moves to grow its online sales. read more
Amazon gets more involved with auto industry via new site

Amazon gets more involved with auto industry via new site

29/08/2016 - 09:00
Amazon isn’t selling cars — at least not yet anyway — but it has launched a site where consumers can research and compare cars and read reviews. read more
Kids Emporium launches in the UK

Kids Emporium launches in the UK

25/08/2016 - 11:26
Undeterred by Brexit, South African entrepreneur Lauren de Swardt launched her franchise, Kids Emporium in Guildford, England. While the store only officially opened in July 2016, it is already creating a stir in the UK. read more
Zara hit with $5M lawsuit over 'bait-and-switch' pricing

Zara hit with $5M lawsuit over 'bait-and-switch' pricing

24/08/2016 - 14:39
A U.S. consumer has filed a lawsuit against Spanish fast-fashion retailer Zara’s American unit over deceptive pricing practices, according to law and business publication The Fashion Law. The proposed class action suit seeks $5 million or more in damages. read more
UK consumer credit rises at fastest pace in a decade

UK consumer credit rises at fastest pace in a decade

24/08/2016 - 12:52
London - UK consumer credit rose the fastest in almost a decade in July, as shoppers hit the stores for summer goods and took advantage of low-interest rates on loans. read more
H&M criticized for young workers, forced overtime in Myanmar factories

H&M criticized for young workers, forced overtime in Myanmar factories

23/08/2016 - 09:14
Fast-fashion retailer H&M had apparel produced in Myanmar factories where children as young as 14 worked more than 12 hours a day, according to a new book, “Fashion Slaves,” being published in Sweden next week. read more
Wal-Mart records biggest same-store sales increase in four years

Wal-Mart records biggest same-store sales increase in four years

23/08/2016 - 09:03
Wal-Mart Stores Inc. reported Q2 earnings of $3.77 billion, up from $3.48 billion a year earlier, while total revenue rose 0.5% to $120.85 billion. The company raised its guidance, which boosted shares 4% in pre-market trading. read more
Tesco stores along London's night tube lines to open 24 hours

Tesco stores along London's night tube lines to open 24 hours

22/08/2016 - 09:47
Tesco is jumping on the night tube bandwagon by opening an additional seven of its London stores for 24 hours this weekend. read more
Chinese to invest R11bn in SA car industry

Chinese to invest R11bn in SA car industry

19/08/2016 - 14:43
Johannesburg - A Chinese state-owned car manufacturing company will invest R11bn in a new plant in Port Elizabeth, giving a further boost to one of the fastest-growing industries in the continent’s largest economy. read more