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Retail News

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24 May

A New Model for Shopping Malls

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NEW YORK, United States — On an unseasonably warm day in April, a swarm of tourists gathered at the entrance to the Westfield World Trade Center, Manhattan’s newest mall, marvelling …

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22 May

1300 UK jobs created in 3 new Ikea stores

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Swedish furniture retailer Ikea has pledged to create 1300 in the UK by the end of 2018 in three newly opened stores. Making good on its commitment to investing in …

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22 May

These retailers are proving to be “un-Amazonable”

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Retail analysts consider some chains to be “un-Amazonable,” meaning they’re weathering the Seattle-based e-commerce company’s competitive juggernaut better than most. The term is murky since no chain is completely immune …

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22 May

Nearly Half of All Retail Jobs Could Be Lost to Automation Within 10 Years

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Between 6 million and 7.5 million retail industry jobs are vulnerable to automation within ten years, according to an exhaustive study released this week. The report, by Cornerstone Capital Group, …

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19 May

Is The ‘RFID Retail Revolution’ Finally Here? A Macy’s Case Study

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I remember back in 2000, my headline was something like, “Get Ready For The RFID Retail Revolution,” or, “Wal-Mart Kicks Off The RFID Revolution.” Turns out the revolution never materialized. …

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18 May

McDonald’s rolls out UberEats delivery in more US cities

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McDonald’s said Wednesday it has expanded delivery via UberEats to about 270 restaurants in Chicago and about 700 more nationwide, a move aimed at winning back younger consumers willing to …

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16 May

Aldi says it’s beating everyone on price, including Wal-Mart

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Experts say Aldi’s large assortment of private label, which accounts for 90% of its store products, gives the company greater speed and flexibility in lowering prices than Wal-Mart. The world’s …

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15 May

US Retail Sales Rebound in April

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WASHINGTON, United States — Americans stepped up their spending at auto dealers, hardware stores and e-commerce outlets as retail sales rebounded from two sluggish months. The Commerce Department says retail …

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10 May

Walgreens gives FTC ultimatum on Rite Aid merger

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The move is essentially an ultimatum, letting antitrust regulators know that the companies consider the information and actions they’ve taken to gain approval for its proposed merger with rival Rite …

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09 May

Zalando Reports Solid Growth Helped by Male Shoppers

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Zalando (ZALG.DE), Europe’s biggest pure online fashion retailer, saw first-quarter sales grow 23 percent, supported by a marketing campaign featuring U.S. actor James Franco aimed at attracting more male customers. …

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