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Retail News

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13 February

Ahold Consolidating Stop & Shop Divisions

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News of the division consolidation came as Ahold USA and Delhaize America announced plans “to further strengthen their brands to ensure they will remain customer-focused, close to their communities and …

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08 February

Walmart Continues to Get Thrashed in This One Major International Market

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Sales at Walmart’s U.K. unit, Asda, fell 1.9% to £4.3 billion ($5.3 billion) for the 12 weeks to Jan. 29, making it the only grocery store experience a decline. Asda, …

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06 February

Canada’s Hudson’s Bay makes takeover approach for Macy’s

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While the Toronto-based company faces major financing and operating challenges in completing a deal to buy Macy’s, which is trying to overhaul its operations, it could use its existing foothold …

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03 February

In US, Retailers Up Fight Against Republican Tax Proposal

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More than 100 retailers including Wal-Mart and Target as well as key trade associations are launching a new coalition aimed at fighting a Republican proposal on how imports get taxed, …

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02 February

LVMH to tighten grip on eyewear business with Marcolin deal

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Marcolin and LVMH have entered into a joint venture agreement  in respect of the proposed JV (jont venture) with LVMH pursuant to which, subject to certain conditions and approvals, the …

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30 January

What Will The Tesco-Booker Merger Mean?

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Now the convenience store market is facing renewed scrutiny after Tesco pulled a rabbit out of the hat last month by announcing a £3.7bn takeover of cash-and-carry giant Booker. The …

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27 January

The Fall of American Apparel

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The iconic brand American Apparel is no longer American. Canadian firm Gildan Activewear recently purchased the name and some manufacturing equipment for $88 million but declined to buy the brand’s stores …

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26 January

Asda launches Walmart Exchange ad platform in the UK

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26 January

Target Teams Up With BaubleBar

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For its latest “partnership,” Target has notably not chosen a runway fashion designer. Instead, it’s teaming up with BaubleBar, the popular “fast fashion” jewelry line, for a collection called SugarFix …

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25 January

Wal-Mart, CarSaver team up to sell cars at Supercenters

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Wal-Mart is launching a partnership with online auto sales company CarSaver to sell cars at 25 Wal-Mart Supercenters in Houston, Dallas, Phoenix and Oklahoma City according to a report from Auto News.  CarSaver …

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