Swiss food and beverage company Nestle is selling its U.S. candy business to Italian confectioner group Ferrero for $2.8 billion in cash, Ferrero announced Tuesday. Ferrero will take control of more than …
New York-based furniture and interior design firm Roman and Williams have opened a store with a restaurant where the furnishings and table settings can be purchased along with the food. The cafe, …
Alexander McQueen is opening an online store on JD.com’s new online luxury shopping platform Toplife as part of a new move targeting the high-end Chinese market. The collaboration with JD.com …
Whole Foods Markets is placing new limits on how products are sold in its stores and asking suppliers to help pay for the changes, riling some mom-and-pop vendors that have …
Footwear company Dr Martens is eyeing growth in Mexico. The brand, best known for its leather boots, launched in December its first physical store in Monterrey, Nuevo Leon, and opened …
Japan’s Fast Retailing Co Ltd raked in an all-time high profit in the first quarter, beating consensus estimate, buoyed by brisk business at its overseas Uniqlo clothing stores. Fast Retailing …
Domino’s CEO is leaving the pizza chain after executing an impressive turnaround and fixing the chain’s reputation. The pizza chain announced that president and CEO J. Patrick Doyle would leave the company …
As anticipated, the Pinault family-owned group is withdrawing from the sports-lifestyle segment, announcing its plan to cut its majority stake in Puma to focus on its luxury houses instead. Also …
As Walgreens begins to envision a revamp of its store format, the company is also busy incorporating the 357 Rite Aid stores it bought at the end of December, part …
Taxi driver: 89 per cent. Journalist 11 per cent. Bartender: 77 per cent. Retail Salesperson 92 per cent. According to website willrobotstakemyjob.com, the retail industry is “doomed”. What’s concerning about …