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Retail News

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19 October

The next level of experiential retail concept

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Walking into an Anthropologie store is a sensory experience, incomparable in its visual richness and tactile quality to that of most other retailers. An ode to the cultured bohemian, a …

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13 October

Business Walmart to pull back on new store openings

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Walmart plans to significantly slow its efforts to open new U.S. stores, a strategic shift by the world’s largest retailer as it works to claim more of the shopping dollars …

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13 October

Amazon to expand grocery business with new convenience stores

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Amazon.com is pushing deeper into the grocery business with plans to introduce convenience stores as well as curbside pickup locations. The Seattle company aims to build small brick-and-mortar stores that would …

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11 October

Ikea ready to open its first store in India

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For the Swedish flat-pack furniture company Ikea, which plans to open its first store in India next year after a long battle, one of the biggest challenges it faces is …

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11 October

Spielberg and Alibaba in global movie tie-up

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Alibaba Pictures Group, the film arm of China’s internet giant Alibaba Group Holding, has joined with Steven Spielberg’s Amblin Partners to jointly produce, distribute films for audiences both globally and …

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10 October

McDonald’s nears deal to sell Singapore, Malaysian franchise to Saudi group

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McDonald’s Corp is set to agree a deal to sell 20-year franchise rights for its Singapore and Malaysia outlets to Saudi Arabia’s Reza group for up to $400 million, as part …

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10 October

Euro Garages set to trial Sainsbury’s stores

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Euro Garages is set to trial introducing Sainsbury’s convenience stores to its motorway service stations as the Blackburn-headquartered company eyes further growth after recently securing a private equity investment that …

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07 October

What retailers can learn from J.C. Penney & Lands’ End’s turnaround

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Retailers are no strangers to the brand revitalization process: Target, J. Crew, RadioShack and Burberry are just a few of the companies who have overhauled their images in recent years, …

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07 October

Target goes after Millennials with small focused stores

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The chain is opening several smaller stores in urban areas and college towns from New York City to State College, Pa., as it battles declining traffic and sales at its …

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05 October

LVMH buys 80 percent of German luggage group Rimowa

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LVMH agreed to take over suitcase maker Rimowa for €640 million ($716 million) and will put Alexandre Arnault in charge of the group’s first German asset, a sign that Bernard Arnault is expanding …

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