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Retail News

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13 July

Steinhoff gets its European deal with $800 mln Poundland buy

  • Categories Retail News
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South African retailer Steinhoff (SNHG.DE) has agreed to pay nearly $800 million for British-based discount chain Poundland (PLND.L) after two previous attempts to expand in Europe fell through this year. The $23 …

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13 July

Wal-Mart rolls out special carts to improve fresh food offering

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Wal-Mart Stores Inc has begun rolling out specialized carts designed to keep employees out on the floor culling produce and reducing wastage, the latest step in a push to improve …

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12 July

Why Barnes & Noble is getting into Beauty

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Right across the aisle from a stack of College of William & Mary sweatshirts at the Barnes & Noble campus bookstore in Williamsburg, Virginia, there’s a display with over 50 …

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11 July

What will the store of the future look like?

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Today’s luxury consumers are constantly connected, time-poor and understand that the quickest, cheapest, most convenient way to shop is, increasingly, online. When it comes to fashion, they crave newness — …

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11 July

U.S. retail mall vacancies rise in second quarter

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n”>U.S. retail mall vacancies rose in the second quarter from the first, amid an increasing disparity between high-end and traditional malls related to rent and vacancy rates, according to real …

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07 July

50M parents have started back-to-school shopping

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The Fourth of July holiday weekend has barely ended, but back-to-school shopping is well underway and already trending higher over last year. More than a third of all parents – nearly …

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05 July

Empire Tumbles as Safeway Stores Struggle in Western Canada

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Empire Co., the parent of the Canadian grocery chain Sobeys, plunged to its lowest in more than three years after posting a C$942.6 million ($725 million) quarterly loss amid weak …

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05 July

Irish divisions of big UK retailers become sweet spots

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sterling and the expected prolonged weakness of the currency means the existing Irish divisions of the big UK retailers could become sweet spots for their British parent companies.The plunge in …

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04 July

Dick’s wins auction for Sports Authority

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n”>Dick’s Sporting Goods Inc, the largest U.S. sporting goods retailer, said on Thursday it was the successful bidder in the auction for the intellectual property of bankrupt competitor Sports Authority …

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01 July

Dubai, the Middle East’s Fashion Mecca

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When the Ibn Battuta Mall opened 10 years ago, it was one of Dubai’s premier shopping attractions. Part of the mall’s allure was its epic architectural narrative, told through a patchwork of …

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