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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
Rio and Retail: How the Olympics has affected online sales

Rio and Retail: How the Olympics has affected online sales

19/08/2016 - 08:44
The London 2012 Olympics definitely had a large effect on the UK’s economy, with billions of pounds worth of investment in infrastructure and an unprecedented influx of tourism. read more
UK retail sales surge despite Brexit concern

UK retail sales surge despite Brexit concern

18/08/2016 - 14:17
London - UK retail sales unexpectedly surged in the month after Britain voted to quit the European Union, as hot weather bolstered sales of clothing and footwear and a drop in the pound encouraged tourists to snap up watches and jewelry. read more
Target struggling to save a spoiling grocery business

Target struggling to save a spoiling grocery business

18/08/2016 - 11:14
Target, which has been working to return to its “cheap chic” strength, is struggling with grocery sales, the Wall Street Journal reports. read more
500 new jobs as Amazon opens new Doncaster warehouse in 2017

500 new jobs as Amazon opens new Doncaster warehouse in 2017

18/08/2016 - 09:24
Amazon will open its third warehouse in Doncaster next year, creating 500 permanent jobs in addition to the 3500 that it plans to recruit by the end of 2016. read more
Grosvenor wins planning permission to build retail hub in Westminster

Grosvenor wins planning permission to build retail hub in Westminster

18/08/2016 - 09:19
A new development has been approved by Westminster City Council that will see a new retail hub be built in Belgravia. read more
Deliveroo teams up with alcohol retailers to deliver drinks

Deliveroo teams up with alcohol retailers to deliver drinks

15/08/2016 - 15:07
Alcohol retailers Majestic Wine and Vagabond Wines have signed a deal with Deliveroo to begin delivering booze to people's homes across the UK. read more
J.C. Penny posts $56m loss

J.C. Penny posts $56m loss

15/08/2016 - 14:27
New York - J.C. Penney posted a fiscal second-quarter net loss of $56m, a sign that it still has work left to do in a multiyear effort to rebuild its business. read more
Sainsbury's to expand same-day delivery and create 900 jobs

Sainsbury's to expand same-day delivery and create 900 jobs

15/08/2016 - 14:12
Sainsbury’s has announced plans to introduce a same-day delivery service to 30 of its stores by Christmas to keep up with the rise in demand. The first three stores that currently have same-day delivery trials are Richmond and Streatham Common in London and Brookwood in Surrey. read more
Amazon Dash allows you to build grocery basket without visiting website

Amazon Dash allows you to build grocery basket without visiting website

15/08/2016 - 13:13
Amazon has ramped up its online grocery service with the introduction of Dash, less than three months after AmazonFresh was launched in London. read more
Competition watchdog approves £125m LloydsPharmacy takeover of Sainsbury's pharmacies

Competition watchdog approves £125m LloydsPharmacy takeover of Sainsbury's pharmacies

12/08/2016 - 16:39
The national competition watchdog has given a conditional greenlight for LloydsPharmacy to acquire 270 pharmacies from Sainsbury’s for £125 million. read more
Macy's to shutter 100 stores, stock soars

Macy's to shutter 100 stores, stock soars

12/08/2016 - 10:02
Macy’s said on Thursday that it will close 100 full-line stores by early 2017, targeting locations where the value of the real estate exceeds their value as retail stores. Macy's will announce which specific stores will close at a later date, but said associates displaced by the closings may be offered positions in nearby locations. Eligible full-time and part-time associates laid off due to store closings will be offered severance benefits, the retailer added.  read more
Ralph Lauren reports loss, but beats expectations

Ralph Lauren reports loss, but beats expectations

11/08/2016 - 10:18
Ralph Lauren reported before the bell on Wednesday a fiscal first-quarter 2017 loss of $22 million, or 27 cents per share, down from a profit of $64 million, or 73 cents per share, in the year-ago period. read more
Why Wal-Mart is a retail sustainability leader (but doesn't really want to talk about it)

Why Wal-Mart is a retail sustainability leader (but doesn't really want to talk about it)

10/08/2016 - 16:38
The retail giant boasts an impressive sustainability record, but the company is strictly business about its accomplishments — for good reason, experts say. read more
Wal-Mart buys Jet for record-breaking $3b

Wal-Mart buys Jet for record-breaking $3b

08/08/2016 - 15:19
After days of speculation, Wal-Mart Stores officially announced its acquisition of online retailer Jet on Monday morning, completing the biggest deal in U.S. e-commerce startup history. read more
Calvin Klein names Raf Simons its first chief creative officer

Calvin Klein names Raf Simons its first chief creative officer

04/08/2016 - 09:23
Calvin Klein, Inc., a wholly owned subsidiary of PVH Corp., announced Tuesday its appointment of Belgian fashion designer Raf Simons as its first-ever chief creative officer, a move effective immediately according to a press release posted on Facebook. read more
Swiss watch export nosedive shows how times have changed

Swiss watch export nosedive shows how times have changed

04/08/2016 - 08:50
London - This year has been one to forget for Swiss watchmakers, and the rest of it's not looking so hot. read more
Specialty retailer uses beacons to reward customers

Specialty retailer uses beacons to reward customers

02/08/2016 - 16:57
Shoppers will soon be able to get a reward by walking into a New York & Company store. read more
Amazon shatters Q2 expectations, posts record sales

Amazon shatters Q2 expectations, posts record sales

02/08/2016 - 15:42
Amazon reported on Thursday the second quarter 2016 net sales of $30.4 billion, up 31% from $23.2 billion in the second quarter of 2015—the online retail giant’s fifth consecutive quarter in the black, and its third all-time profit milestone in as many quarters. read more
Burberry acquires remaining stake in its Chinese retail operations

Burberry acquires remaining stake in its Chinese retail operations

02/08/2016 - 15:32
Burberry, the retailer with more stores in China than any other luxury brand, said Monday it has acquired the remaining 15% economic interest in its Chinese retail business from Sparkle Roll Holdings Limited for £54 million, or about $73.1 billion U.S.  read more
Whole Foods 365 and the rise of the millennial focused store

Whole Foods 365 and the rise of the millennial focused store

01/08/2016 - 10:48
Recent news about Whole Foods Market’s 365 stores has created a stir in the grocery industry. Whole Foods 365 stores are lower-cost versions of the store that sell primarily products from the retailer’s private label called 365. The stores will emphasize natural and organic product offerings, and offer a trendy, tech-driven shopping experience. Whole Foods is establishing 365 as not just a store, but rather as a lifestyle brand designed to cater to the demands and expectations of a younger generation.  read more
UK retailers wobble under Brexit fallout

UK retailers wobble under Brexit fallout

29/07/2016 - 10:53
U.K. retail sales fell at the fastest pace in more than four years this month, according to business and research organization CBI.  read more
Dollar General buys Walmart Express stores, to sell fresh produce

Dollar General buys Walmart Express stores, to sell fresh produce

29/07/2016 - 10:37
In January, Wal-Mart Stores Inc. shut down all 102 of its smaller-format Walmart Express stores, part of an effort to shutter 269 underperforming stores worldwide and 154 in the U.S. read more
Wal-Mart selling imperfect, 'ugly' produce to stem food waste

Wal-Mart selling imperfect, 'ugly' produce to stem food waste

26/07/2016 - 10:08
Wal-Mart is taking steps to change food labels and present less-than-perfect produce in order to encourage customers to buy and consume healthy, (if imperfect), food.  read more
 G-III to Acquire Donna Karan International

G-III to Acquire Donna Karan International

26/07/2016 - 09:36
NEW YORK & PARIS–(BUSINESS WIRE)–G-III Apparel Group, Ltd. (NASDAQ:GIII), a leading designer, manufacturer and marketer of branded apparel and accessories, and LVMH Moët Hennessy Louis Vuitton (LVMH.PA), the world’s leading high quality products group, today announced that they have entered into a definitive agreement under which G-III will acquire Donna Karan International, Inc., parent of the Donna Karan and DKNY brands and owned by LVMH, in a transaction with an enterprise value of $650 million, subject to customary adjustments at closing. The transaction is expected to close in late 2016 or early 2017. read more
Done deal for merger of two supermarket giants

Done deal for merger of two supermarket giants

26/07/2016 - 09:14
The Federal Trade Commission has given its blessing to a deal that creates the fourth largest supermarket company in the United States. read more
Starbucks adds retail group to oversee new store concepts

Starbucks adds retail group to oversee new store concepts

26/07/2016 - 09:10
New store formats loom large in Starbucks Corp.’s long-term strategy. read more
Bad weather knocks UK retail sales

Bad weather knocks UK retail sales

25/07/2016 - 15:05
LONDON — British retail sales suffered their sharpest monthly fall in six months in June but stores said that bad weather rather than Brexit was to blame, leaving open the question of how big a hit the vote to leave the EU will deal to the economy. read more
Dollar Shave Club brings in the Dollars

Dollar Shave Club brings in the Dollars

25/07/2016 - 09:11
Venice, California start-up Dollar Shave Club (DSC) will be snatched up by Unilever for a reputed $1 billion, in what the Los Angeles Times said is the biggest acquisition ever of a venture-backed start-up in Los Angeles (neither Dollar Shave Club nor Unilever disclosed terms of the deal). read more
Weak Swiss franc boosts Lindt first-half earnings

Weak Swiss franc boosts Lindt first-half earnings

22/07/2016 - 16:12
Zurich - Lindt & Spruengli, the world’s biggest maker of premium chocolate, reported higher first-half earnings as the Swiss franc weakened for the first time in years, boosting the value of sales from abroad. read more
UK retail sales fall 0.9% after Brexit referendum

UK retail sales fall 0.9% after Brexit referendum

21/07/2016 - 15:37
London - UK retail sales had their biggest drop in six months in June, adding to signs that the vote to leave the European Union is starting to bite.  read more
Mall of America joins virtual reality revolution

Mall of America joins virtual reality revolution

21/07/2016 - 10:22
Mall of America is using leading-edge technology to enhance the on- and offsite customer experience. read more
IKEA wraps up mammoth overhaul

IKEA wraps up mammoth overhaul

21/07/2016 - 09:24
Delft - In two medieval Dutch cities, IKEA's most senior executives are finalising the biggest overhaul at the Swedish-born furniture empire in over 30 years. read more
Hershey going bigger in Times Square

Hershey going bigger in Times Square

20/07/2016 - 10:09
The Hershey Company is moving its popular store in Manhattan’s Times Square to a much larger location. read more
China growth steadies on consumer, dimming stimulus expectations

China growth steadies on consumer, dimming stimulus expectations

18/07/2016 - 14:57
Beijing - China’s growth stabilised as lending and consumer spending picked up, suggesting the economy is responding to stepped up policy support. read more
Richemont falls after Swatch releases profit warning

Richemont falls after Swatch releases profit warning

15/07/2016 - 11:52
ZURICH — Richemont fell 3% to R84.16 on the JSE on Friday morning after its competitor Swatch said its first-half profit would slide 50%-60% on dwindling sales in Hong Kong and Europe. read more
Ralph Lauren turnaround plan evokes Ford Motor’s comeback

Ralph Lauren turnaround plan evokes Ford Motor’s comeback

11/07/2016 - 09:46
When the Ralph Lauren Corporation recently unveiled a turnaround plan, calling it “The Way Forward,” it unwittingly invoked another all-American icon fallen on hard times: Ford Motor, whose “Way Forward” plan in 2006 saved the automaker from bankruptcy.  read more
Danone's $10bn US deal adds Soy milk, Kale to menu

Danone's $10bn US deal adds Soy milk, Kale to menu

08/07/2016 - 09:28
Geneva - Emmanuel Faber’s first big move as Danone’s chief, the $10bn takeover of WhiteWave Foods, is a foray into soy milk, protein shakes and kale aimed at kick starting growth at the French yogurt maker that’s grappling with a drop in dairy consumption. read more
EU pays the price for messing with British law and traditions

EU pays the price for messing with British law and traditions

08/07/2016 - 08:51
Brexit is the consequence of a clash of fundamental legal/philosophical values that are not visible to the casual observer. Deep-seated values that represent part of the British constitution which is made up of the freedoms of individuals determined by the courts and by generally accepted conventions.  read more
Publix teams up with Instacart on grocery delivery

Publix teams up with Instacart on grocery delivery

07/07/2016 - 15:02
Publix is joining Costco, Whole Foods and other retailers in providing grocery delivery service through a partnership with Instacart. read more
Walgreens adds new features for paperless coupons

Walgreens adds new features for paperless coupons

06/07/2016 - 16:18
Walgreens recently made it easier for customers to clip coupons. read more
New York grocer reaches out to customers

New York grocer reaches out to customers

05/07/2016 - 14:07
With 15 regional stores, New York-based Fairway Market needs to compete with larger rivals on quality of experience. read more
Whole Foods gets whole picture of its business

Whole Foods gets whole picture of its business

04/07/2016 - 09:01
Whole Foods Market, Inc. is teaming up with a well-known analytics provider to obtain a deeper understanding of its assortment and customer base. read more
Stores accepting food stamps — including Wal-Mart — face stricter rules

Stores accepting food stamps — including Wal-Mart — face stricter rules

01/07/2016 - 16:32
U.S. regulators are pushing stricter rules for stores that accept food stamps, ultimately determining which retailers win and lose the billions of taxpayer dollars at stake. read more
Walmart casts wide net for American-made products to sell

Walmart casts wide net for American-made products to sell

01/07/2016 - 09:23
For the third year in a row, Walmart hosted more than 450 entrepreneurs during the company’s “Made in the USA” Open Call event held Tuesday, June 28 at its corporate headquarters in Bentonville, Arkansas. The event, part of Walmart’s fourth annual U.S. Manufacturing Summit, is designed to find products made, assembled or grown in the U.S. read more
Consumer Goods Industry Calls for Positive Next Steps to Continue Scale-Up of Low Carbon Refrigeration

Consumer Goods Industry Calls for Positive Next Steps to Continue Scale-Up of Low Carbon Refrigeration

29/06/2016 - 17:31
The Consumer Goods Forum Successfully Closes Resolution on Refrigeration; Publishes Booklet Highlighting Natural Refrigeration Success Stories PARIS, 20th January 2016 – The Consumer Goods Forum (CGF) today announced the successful closing of its 2010 Board Resolution on Refrigeration and the publication of its first-ever Refrigeration Booklet. The CGF Board has also called on the Sustainability Steering Committee to develop a potential resolution to show how the industry will further scale up low carbon refrigeration in the future.  read more
First-Ever Global Standard to Measure Food Loss and Waste Introduced by International Partnership

First-Ever Global Standard to Measure Food Loss and Waste Introduced by International Partnership

29/06/2016 - 17:17
COPENHAGEN and WASHINGTON, 6th June 2016 - A partnership of leading international organisations is launching the Food Loss and Waste Accounting and Reporting Standard at the Global Green Growth Forum (3GF) 2016  read more
New Report Shows Top 100 Grocery and Health & Beauty Retailers are Taking a More Selective Approach to Overseas Expansion

New Report Shows Top 100 Grocery and Health & Beauty Retailers are Taking a More Selective Approach to Overseas Expansion

29/06/2016 - 10:09
PARIS and LONDON, 14th June 2016 – The second Internationalisation of Retail study, from The Consumer Goods Forum and Planet Retail, shows that major retailers are still becoming more international rather than less so – and CGF & Planet Retail - Internationalisation of Retailat a surprisingly swift rate. In 2015 the world’s largest 100 global grocery and health and beauty (H&B) retail chains increased the number of countries in which they operate more than at any time since 2011. read more
NRF: Swipe fees protect consumers

NRF: Swipe fees protect consumers

28/06/2016 - 08:27
Retail group argues for debit card swipe fee regulations. read more
Wal-Mart’s U.K., China and Canada units all getting new CEOs

Wal-Mart’s U.K., China and Canada units all getting new CEOs

27/06/2016 - 09:01
Wal-Mart Stores is undertaking a series of executive changes at its international divisions, starting with a new head for its struggling United Kingdom business, Asda. read more
Boots UK and IBM bring omnichannel functionality into the store

Boots UK and IBM bring omnichannel functionality into the store

24/06/2016 - 09:02
Boots, the U.K.-based pharmacy and beauty retailer, and IBM announced that Boots has launched Sales Assist, an IBM MobileFirst for iOS app, across its U.K. stores to make it easier for customers to find the products they need. read more
Tesco maintains quarterly growth as turnaround momentum

Tesco maintains quarterly growth as turnaround momentum

23/06/2016 - 10:18
London - Tesco reported a second straight quarter of UK sales growth, the first time it’s done so in five years as the grocer’s turnaround gains momentum. read more
 Asia markets edge up, pound rallies as Britain votes

Asia markets edge up, pound rallies as Britain votes

23/06/2016 - 08:16
Hong Kong - The pound rallied against the dollar in Asian trade while stock markets were mostly up but traders stepped nervously as they await the result of Britain's in-out EU referendum on Thursday. read more
Swiss watch exports slump extends into eleventh month

Swiss watch exports slump extends into eleventh month

21/06/2016 - 12:38
Zurich - Swiss watch exports dropped in May, bringing the industry’s slump close to a full year as it faced plunging demand across Asia and Europe. read more
Farmers fear mergers of agriculture firms

Farmers fear mergers of agriculture firms

20/06/2016 - 11:28
Three megamergers in the agrochemical sector including Bayer and Monsanto, have raised concerns among farmers who fear higher prices and of consumers who fear more genetically modified (GM) food. read more
Did Steinhoff or Brait buy Poundland? - UK

Did Steinhoff or Brait buy Poundland? - UK

15/06/2016 - 11:17
London — Bid hopes sent UK retailer Poundland surging yesterday after a mystery buyer paid a big premium to become the discount retailer’s biggest shareholder. read more
Professional migrants rush to and from SA - report

Professional migrants rush to and from SA - report

15/06/2016 - 11:10
Cape Town - While South Africa is among the top 30 countries professional migrants like to move to, it is also among the top 30 countries professional migrants are rushing from, according to a report by MoveHub. read more
US retail sales beat expectations - USA

US retail sales beat expectations - USA

15/06/2016 - 11:05
Washington - US retail sales rose more than expected in May as Americans bought automobiles and a range of other goods, suggesting economic growth was gaining steam despite a sharp slowdown in job creation. read more
Wal-Mart’s U.K., China and Canada units all getting new CEOs - USA

Wal-Mart’s U.K., China and Canada units all getting new CEOs - USA

14/06/2016 - 15:51
Wal-Mart Stores is undertaking a series of executive changes at its international divisions, starting with a new head for its struggling United Kingdom business, Asda. read more
Danone forecasts higher profitability this year - Switzerland

Danone forecasts higher profitability this year - Switzerland

14/06/2016 - 15:46
Zurich - Danone forecast profitability will improve this year as it contains costs. read more
Cosmetic giant names its first-ever chief retail officer - USA

Cosmetic giant names its first-ever chief retail officer - USA

13/06/2016 - 12:19
L'Oreal USA appointed Marc-Alexandre Risch to the newly created position of chief retail officer for L'Oreal. read more
Wanted: Oil traders who can hold their booze - China

Wanted: Oil traders who can hold their booze - China

13/06/2016 - 12:01
Beijing - Chinese independent oil companies are luring traders, marketers and risk managers away from dominant state behemoths, offering better pay and benefits in a hiring spree triggered by the freeing up of China's crude import trade. read more
One of the final hurdles for biggest beer deal almost cleared - China

One of the final hurdles for biggest beer deal almost cleared - China

10/06/2016 - 12:21
Beijing — Anheuser-Busch InBev’s $107bn acquisition of SABMiller is nearing Chinese approval after the companies agreed to divest the maker of Snow beer, the world’s top-selling brand, according to people familiar with the matter. read more
Amazon keeps expanding supply chain infrastructure - USA

Amazon keeps expanding supply chain infrastructure - USA

10/06/2016 - 12:02
Amazon.com has been announcing many new distribution centres lately, and now is opening a new IT office dedicated to logistics, as well as a new physical pick-up location. read more
Tesco dumps Turkish unit at huge discount to make value - UK

Tesco dumps Turkish unit at huge discount to make value - UK

10/06/2016 - 11:59
London - Tesco agreed to sell its majority stake in the Turkish Kipa chain, offloading the unprofitable unit at a huge discount to its market value. read more
Riverbed Retail Therapy Week Comment

Riverbed Retail Therapy Week Comment

09/06/2016 - 14:05
More and more people are choosing to purchase their goods virtually, leading to online sales in Europe forecast to reach £174.81.32 billion in 2016.  read more
Shoprite tie up with Zambeef yields profits - Zimbabwe

Shoprite tie up with Zambeef yields profits - Zimbabwe

09/06/2016 - 11:53
Harare – The partnership between South African grocery chain, Shoprite and Zambian meat producer and processor, Zambeef, is bearing fruit. read more
OK Zim profit tumbles as demand wanes - Zimbabwe

OK Zim profit tumbles as demand wanes - Zimbabwe

08/06/2016 - 11:45
Harare - OK Zimbabwe, the biggest retail rival to Pick n Pay in Zimbabwe, saw after-tax profits drop 91.1% from $7.5m to $0.7m for the year to end-March 2016, despite having adequate stock in its stores across Zimbabwe. read more
Walmart to test grocery delivery through Uber - USA

Walmart to test grocery delivery through Uber - USA

08/06/2016 - 11:27
New York - Walmart will begin testing the delivery of groceries using Uber and Lyft drivers, aiming to match the convenience of services offered by Amazon.com and other e-commerce companies. read more
Massive Ralph Lauren restructuring to include shuttering 50 stores - USA

Massive Ralph Lauren restructuring to include shuttering 50 stores - USA

08/06/2016 - 11:16
Ralph Lauren Corp. is seeking to rectify what it acknowledges have been operational mistakes with a program of cuts and organisational streamlining it calls “The Way Forward Plan”. read more