Latest news

M&S announces AI strategy tie-up with Microsoft

23 June 2018
Marks & Spencer and Microsoft have today announced the signing of a strategic partnership focused on testing the integration of the latter’s AI technologies into the retailer’s customer experience, stores and wider operations

H&M unveils newly renovated Parisian flagship store

22 June 2018
Swedish fashion retailer H&M has just completed a large-scale renovation of its Parisian flagship store. Located at 1-3 rue La Fayette, in the central Haussmann district, the store was first inaugurated in 2009, and is about to open its doors again after a face-lift which lasted a year and a half

PayPal to acquire Hyperwallet for $400 million

21 June 2018
PayPal announced it's acquiring the payout platform Hyperwallet for $400 million in cash. The deal is expected to close in the fourth quarter of 2018. Founded in 2000, Hyperwallet gives organizations a way to easily distribute payments

Starbucks to close about 150 stores in 2019

21 June 2018
Coffee giant Starbucks announced plans to shut down more than 150 stores next year, an increase from its average of 50 closures per year, according to the company. This news comes weeks after the chain shut down all 8,000 of its U.S. stores to provide “racial bias education” for its employees

Google and the strategic partnership with JD.com

20 June 2018
U.S. tech giant Google said it would invest $550 million in cash into Chinese e-commerce player JD.com. The companies said the investment is part of a strategic partnership, where they will work together to develop better retail infrastructure in multiple markets, including Southeast Asia
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