| ||15/07/2019 - 09:55|
Walmart has a hole to fill at its online unit, and whoever assumes the role faces a big challenge ahead. read more
| ||11/07/2019 - 11:30|
Investment holding company Brait says its UK high-street retailer New Look, which was largely responsible for the dismal performance it reported in June, is now better positioned to turn the corner. read more
| ||10/07/2019 - 08:30|
The first product in the range is a high-protein quarter pounder burger which costs £1.99 for a pack of two. It is made with soya and pea protein and flavoured with smoked salt to give a chargrilled flavour. read more
| ||10/07/2019 - 08:19|
Beverage sales rise as new packaging strategy helps company attract more consumers. read more
| ||04/07/2019 - 09:40|
JD Sports, Britain’s biggest sportswear retailer, bucked retail sector gloom yet again, as it predicted full-year profit will meet expectations on strong sales from new stores and growing demand for gym wear by trendy youngsters. read more
| ||04/07/2019 - 08:27|
British supermarket group Sainsbury’s reported a third consecutive quarter of declining underlying sales, hurt by weak clothing and general merchandise markets. read more
| ||02/07/2019 - 12:54|
Boots has confirmed that it plans to close 200 stores over the next 18 months, equal to just under 10% of the health & beauty chain’s standalone outlets.
| ||01/07/2019 - 14:29|
Walmart said it aims to list its Japanese supermarket unit Seiyu while keeping a majority stake in the business, amid on-and-off speculation the US retail giant was looking to exit Japan where it has struggled to grow. read more
| ||28/06/2019 - 10:14|
Amazon.com has steadily added options for customers to receive their packages including in car trunks, inside home garages and potentially by drone.
| ||27/06/2019 - 09:22|
Metro said that an unsolicited offer by two prominent investors to take over the German retailer substantially undervalues it and advised shareholders to hold off on taking action until management comments further. read more
| ||26/06/2019 - 09:03|
British fashion chain New Look reported a bigger annual pretax loss, hurt by a large charge, while Brexit woes and rainy weather kept many shoppers out of its stores.
| ||24/06/2019 - 15:35|
Launched during World Meat Free Week, the pop shop is a traditional style butchers offering customers a range of cuts, joints and sausages derived from plant-based alternatives such as mushroom, jackfruit, and pea protein. read more
| ||24/06/2019 - 15:02|
Carrefour, Europe’s largest retailer, took a decisive step on Sunday towards a full exit of the Chinese market by selling a majority stake of its activities in the country to Suning.com. read more
| ||24/06/2019 - 08:34|
With little sign of a growth slowdown, Amazon has become the world’s most valuable brand, according to the 2019 BrandZ Top 100 Most Valuable Global Brands ranking.
| ||20/06/2019 - 09:10|
Tesco, Britains biggest retailer, said it is considering a trial of an upmarket convenience store under the 'Tesco finest' banner but has not disclosed when or where the pilot will be launched. read more
| ||19/06/2019 - 09:13|
Carrefour will open its first store in Uganda this year, expanding in the region after a successful launch in neighbouring Kenya, the Dubai-based operator of the French retailer’s outlets said. read more
| ||18/06/2019 - 15:41|
Fashion retailer H&M reported sales grew for a fourth straight quarter, but also hinted it had needed to invest more to boost its online business, disappointing investors already concerned about margin pressure. read more
| ||18/06/2019 - 12:49|
Luxury fashion group Chanel, whose star designer Karl Lagerfeld died in February, reported higher annual sales and profits and once again reaffirmed its independence, stating it was not for sale. read more
| ||18/06/2019 - 11:34|
A Woolworths window display that incorporated milk bottles and plastic hangers has snapped up a prestigious global award.
| ||14/06/2019 - 11:22|
Zara owner Inditex bounced back from a weak start to 2019, when unseasonably cold weather in southern Europe stifled sales for the Spanish fashion group, with a strong performance in the first weeks of the second quarter. read more
| ||14/06/2019 - 09:50|
Farmers in Zimbabwe’s Eastern Highlands are smelling the tea and coffee.
| ||13/06/2019 - 09:12|
British online fashion group Boohoo bucked a tough retail market with robust sales growth in its latest quarter as its offer of cheap clothing, delivered quickly, chimed with shoppers. read more
| ||10/06/2019 - 15:04|
FedEx says it has decided to not renew its contract with Amazon.com for US cargo delivery through FedEx Express, the unit that delivers packages on planes.
| ||10/06/2019 - 14:40|
Walmart CEO Doug McMillon says the retailer is concerned that fresh produce prices would rise if tariffs are placed on imports from Mexico.
| ||07/06/2019 - 14:21|
Sainsbury’s has announced its latest moves to reduce the amount of plastic it uses. This includes the retailer removing the plastic bags in its stores used for loose fruit, vegetables, and bakery items. read more
| ||06/06/2019 - 08:59|
LVMH shares gained after the head of the Louis Vuitton brand gave a rosy view of its China business, easing concerns about the effects of a trade war with the US.
| ||05/06/2019 - 10:02|
Alibaba is considering raising as much as $20bn through a listing in Hong Kong, people familiar with the matter say, lining up a second blockbuster deal following its 2014 record $25bn float in New York. read more
| ||05/06/2019 - 09:17|
Waitrose has launched a new scheme where customers will be able to fill up or refill their own containers with a range of products as part of its ambitions to reduce waste. read more
| ||04/06/2019 - 10:57|
Blackstone Group is buying US industrial warehouse properties from Singapore-based logistics provider GLP for $18.7bn, in what the companies billed as the largest private real estate transaction globally.
| ||03/06/2019 - 09:00|
For apparel retailers, the plot has to unfold just right for investors to buy into the narrative. And by the market’s reaction, they clearly did not stick to the script. read more
| ||27/05/2019 - 11:31|
The “retail apocalypse” in the US has claimed more victims in the first quarter of the year than last year combined. read more
| ||27/05/2019 - 11:12|
Massmart Holdings fell the most in three months as the troubled SA retail chain warned on profit and majority shareholder Walmart sent one its own to help stem declines.
| ||27/05/2019 - 10:24|
The parent company of French grocery chain Casino insisted on Friday that there would be no consequences for some of the country’s best-known supermarket brands after it filed for bankruptcy protection following a long battle with hedge funds.
| ||27/05/2019 - 09:31|
The Guardian reports that the move is hoped to vastly reduce the litter and other environmental impacts of the nearly five billion plastic straws currently used each year in the UK, along with more than 300 million plastic stirrers and close to two billion cotton buds with plastic stems.
| ||21/05/2019 - 16:35|
The end of an international arrangement aimed at ensuring the wellbeing of Bangladeshi garment workers is likely to undermine safety by making factory owners responsible for maintaining standards, trade union leaders said.
| ||21/05/2019 - 12:23|
Nike, Adidas, and other footwear giants urged President Donald Trump to reconsider his tariffs on shoes made in China, saying the policy would be “catastrophic for our consumers, our companies and the American economy as a whole”. read more
| ||21/05/2019 - 10:48|
The US is jealous of China’s rapid economic growth and achievements in the past few years and was using the trade wars to frustrate and stall it, Lin Songtian, the Chinese ambassador to SA said. read more
| ||20/05/2019 - 17:04|
Corporate America has been under political pressure to ramp up investments at home. read more
| ||17/05/2019 - 16:29|
The U.S. Food and Drug Administration (FDA) confirmed that IQOS, Philip Morris International’s electrically heated tobacco system, is appropriate for the protection of public health and has authorized it for sale in the United States. FDA’s decision follows its comprehensive assessment of PMI’s premarket tobacco product applications (PMTAs) filed with the Agency in 2017. read more
| ||17/05/2019 - 09:38|
The Alibaba Group posted quarterly revenue and earnings that topped analyst estimates as personalised recommendations drive consumer spending across its shopping sites. read more
| ||16/05/2019 - 11:08|
Fashion retailers are faced with a dilemma: to keep up with the demands of 'fast fashion' they need rapid stock turnover. But what do they do with the surplus? read more
| ||15/05/2019 - 09:07|
Amazon has teamed up with British clothing chain Next to offer a network of stores where the US online retail giant’s UK customers can collect their parcels. read more
| ||14/05/2019 - 08:42|
Tesco, Sainsbury’s, and Waitrose are among the supermarkets that have pledged to halve food waste by 2030.
| ||13/05/2019 - 14:51|
The global cinnamon market revenue amounted to $703M in 2017 (IndexBox estimates), growing by 13% against the previous year. read more
| ||13/05/2019 - 09:06|
Pop star Rihanna is joining LVMH to launch a fashion house under her Fenty brand, pairing the world’s largest luxury conglomerate with one of the biggest cultural influencers. read more
| ||06/05/2019 - 14:58|
Hugo Boss says the renovation of several major stores should revive sales growth after the German fashion house reported a drop in first-quarter earnings due to reorganisation costs, higher marketing spending and a strong US dollar.
| ||06/05/2019 - 14:30|
The global pyrethrum and peppermint market revenue amounted to $3.6B in 2017 (IndexBox estimates), growing by 4.9% against the previous year. read more
| ||06/05/2019 - 11:00|
At a glimpse, Bintang Supermarket in Ubud looks just like other supermarkets across Bali. A banner announcing that it no longer provides plastic bags welcomes visitors upon entering the place – something that is now common practice on the island following a ban on single-use plastic bags issued by the administration earlier this year. read more
| ||02/05/2019 - 15:25|
WG Compass is used by suppliers to prompt in-store merchandisers to check stock levels, allowing them to quickly fix potential out-of-stocks or merchandising issues.
| ||25/04/2019 - 10:41|
The Competition and Markets Authority (CMA) has confirmed that it is blocking the proposed merger of Sainsbury’s and Asda. The two chains, along with Walmart, have since stated that they are abandoning the deal. read more
| ||25/04/2019 - 10:26|
Fashion brand H&M has become the first major retailer to list individual supplier details for each garment on its website to increase transparency in an industry with high risks of slavery and labour abuses.
| ||24/04/2019 - 13:13|
Unilever has continued its recent acquisition spree by agreeing to buy OLLY Nutrition, a US-based wellbeing business in the vitamins, minerals, and supplements (VMS) category. read more
| ||24/04/2019 - 11:50|
E-commerce giant Amazon and French retailer Casino are expanding their partnership, with Amazon installing pick-up lockers in Casino stores and more of the French company’s products to be available on Amazon.
| ||24/04/2019 - 11:18|
Kraft Heinz named Miguel Patricio as its next chief executive in the hopes that the 30-year marketing veteran will revitalize brands such as Planters nuts and Oscar Mayer bacon at one of the world's largest packaged food companies.
| ||18/04/2019 - 09:07|
L’Oreal got more revenue from Asia than from Western Europe for the first time last quarter as the region’s surging demand for luxury products continued to resist the drag of a slower Chinese economy. read more
| ||16/04/2019 - 15:31|
Mulberry has launched a partnership with online luxury fashion retailer Farfetch to strengthen its international omnichannel strategy. read more
| ||12/04/2019 - 09:33|
Debenhams’ lenders took control of the ailing retailer after it went into administration, wiping out shareholders including billionaire Mike Ashley in the latest corporate failure on Britain’s high street. read more
| ||11/04/2019 - 08:46|
Louis Vuitton owner LVMH set a high bar for rival luxury goods companies trying to capitalise on Chinese demand for high-end handbags and clothing, with stronger-than-expected sales growth in the first quarter. read more
| ||10/04/2019 - 12:54|
Ted Baker has agreed to a new joint venture with Shanghai LongShang Trading Company to expand its brand in the East Asia region.
| ||09/04/2019 - 14:47|
Debenhams’ lenders took control of the ailing British retailer after it went into administration, wiping out shareholders including billionaire Mike Ashley in the latest corporate failure on the high street. read more
| ||05/04/2019 - 10:07|
Nestlé is looking to take a bite of the fast-growing vegan foods market with a range of plant-based burgers, saying its recipes could compete for taste with traditional beef patties. read more
| ||04/04/2019 - 13:34|
Shares in Superdry fell more than 11% after founder Julian Dunkerton narrowly forced his way back into the company, which sparked the exit of most of its board members, including top executives. read more
| ||02/04/2019 - 15:29|
Sainsbury has lost its status as Britain’s number two supermarket group by market share to takeover target Asda for the first time in four years, industry data showed. read more
| ||02/04/2019 - 10:16|
The end of the bagged salad could be nigh, as British supermarkets look to install ‘pick your own’ vegetable aisles by the end of this year. read more
| ||02/04/2019 - 10:02|
Diageo, Unilever, The Coca Cola Company and Nestlé have joined forces to improve the collection and recycling of plastics in Africa. read more
| ||02/04/2019 - 08:43|
US retail sales unexpectedly fell in February, the latest sign that economic growth has shifted into low gear as stimulus from $1.5-trillion in tax cuts and increased government spending fades. read more
| ||27/03/2019 - 08:51|
British online supermarket pioneer Ocado has signed a partnership agreement with Australia’s Coles, its fifth major overseas deal in less than 18 months as food retailers around the globe respond to online competition. read more
| ||26/03/2019 - 10:08|
Nestlé aims to accelerate trend-based innovation in China as it inaugurates a new research and development centre (R&D) in Beijing and a system technology hub in Shenzhen. read more
| ||25/03/2019 - 09:38|
Watches of Switzerland expects to make further acquisitions in the US, which it first entered in 2017 with the purchase of jeweller Mayors, its CEO said. read more
| ||22/03/2019 - 09:34|
Facebook’s Instagram is trialling a feature that lets US users shop from the photo-sharing app by using a “checkout” option on items tagged for sale, the company said. read more
| ||20/03/2019 - 09:46|
Mondelēz International has bought a minority stake in Uplift Food, an early-stage start-up that produces prebiotic functional food supplements. read more
| ||20/03/2019 - 09:25|
Asos has reported a rise in its quarterly sales, as growth at home in the UK continues to outperform its foreign markets. read more
| ||20/03/2019 - 08:58|
British supermarket groups Sainsbury’s and Asda have committed to deliver £1bn of annual price cuts as they attempt to salvage their proposed combination after being dealt a potentially fatal blow by the regulator. read more
| ||13/03/2019 - 13:36|
Morrisons has recorded another year of growth in sales and profit as chief executive David Potts boasted that the Big 4 grocer’s turnaround scheme was “well on track”.
| ||12/03/2019 - 11:30|
Alibaba Group Holding Ltd will take a 14 percent stake in STO Express Co Ltd through a $693 million deal, the e-commerce giant’s fourth significant investment in a Chinese courier company. read more