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Year: 2018

  • Home
  • 2018 Archives
20 June

Starbucks to close about 150 stores in 2019

  • Categories Retail News
  • Comments 0 comment

If you sometimes get the impression there is a Starbucks (SBUX, -7.44%) on every street corner in major U.S. cities, you’re not that far off mark. And that density is becoming a problem …

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20 June

PayPal to acquire Hyperwallet for $400 million

  • Categories Innovation & Technology
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PayPal on Tuesday 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 …

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20 June

H&M unveils newly renovated Parisian flagship store

  • Categories Retail Design & New Openings
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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 …

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19 June

Google and the strategic partnership with JD.com

  • Categories Innovation & Technology
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Tech giant Google said Monday it will invest more than half a billion dollars in China’s second-largest e-commerce player, JD.com. As part of a strategic partnership, Google will put $550 million in cash …

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18 June

Is Macy’s about to reinvent the department store?

  • Categories Retail News
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For years, department stores like Macy’s and Marshall Field’s were what Columbia University retail scholar Mark Cohen calls “emporiums filled with endless wonderment and tremendous assortments.” They graced the downtowns …

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18 June

J.C. Penney plots 650 Fanatics shop-in-shops

  • Categories Retail News
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Quarter after quarter, J.C. Penney’s Sephora beauty concessions offer one of its few bright spots — but new sports shops may present a similar opportunity. Fanatics has been on a roll of …

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15 June

Microsoft may rival Amazon with tech that cuts out the cashier

  • Categories Innovation & Technology
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If Microsoft follows Amazon’s lead into the grocery business with technology that cuts out the cashier, it may revamp a previous, failed attempt at checkout-free shopping – a high-tech shopping …

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15 June

Amazon to tap Brazil beauty obsession with cosmetics partners

  • Categories Retail News
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Amazon.com Inc is recruiting major Brazilian cosmetics firms Grupo Boticario and Natura Cosmeticos SA to sell via the logistics platform it is developing in Brazil, three people familiar with talks …

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15 June

Retail & Consumer Report 2018

  • Categories Survey & Insights
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14 June

Zara grows sales with in-store tech features

  • Categories Innovation & Technology
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Inditex SA is benefiting from investments in technology that are boosting efficiency online and in stores, helping the Zara owner contend with Amazon.com Inc.’s foray into the fashion aisle. Earnings in the …

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