LONDON (Reuters) – Primark-owner Associated British Foods ABF.L has no plans to build an online business for the fashion retailer despite it recording a 63% slump in full-year profit due to COVID-19 …
KEY POINTS Walmart has cut ties with Bossa Nova Robotics, which made robots that scanned shelves for inventory, according to The Wall Street Journal. The retailer has come up with …
Swiss luxury group Richemont, which owns global brands like Cartier and currently operates a joint venture with Alibaba in China, is also considering investing in Farfetch alongside Alibaba, the people …
I was born in 1995. If you ask some, I am a member of Generation Z. Others will say that I am more of a millennial. No wonder I’ve always …
Northern Italian food retailer Nova Coop has opened a new superstore in Turin. This is an 1800 sq m shop with the now customary emphasis on fresh being part of …
The new “Express” stores come as COVID-19 rates are rising around the United States and Europe. The new format has a wall built in front of the main store with …
As the coronavirus pandemic and holiday season collide, Target said Thursday is is rolling out new measures over the next few weeks to put shoppers at ease. It will double the number …
J.C. Penney CEO Jill Soltau said Tuesday that the bankrupt retailer expects to exit Chapter 11 ahead of the holiday season. The department store chain said in a news release …
In 2020, few shoe styles have been collectively embraced like the Swiss-cheese holed plastic clogs we all know as Crocs. Crocs sales increased 48% this year while overall footwear sales …
Alibaba has taken a controlling stake in one of China’s leading supermarket chains as it tries to fend off rival JD.com in the fast growing online grocery industry. Alibaba is …