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Retail News

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02 September

Aeropostale Auction Closes With a $243.3 Million Bid

  • Categories Retail News
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A consortium comprising companies and liquidators prevailed in a bankruptcy auction for U.S. teen retailerAeropostale  ARO 0.00%  with a $243.3 million bid, potentially saving 229 of its stores, Aeropostale said on Thursday. The outcome of …

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01 September

Ikea’s New Restaurant Asks You to Build Your Own Meals

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The option of dining at Ikea is nothing new, but now the Scandinavian home decor retailer is combining the culinary aspect of one of its stores with its famous do-it-yourself …

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30 August

Ruslan Kogan’s online retail empire in Australia.

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When Ruslan Kogan was six, his family moved from Belarus to Melbourne, Australia. He grew up in the housing projects, bringing ox tongue sandwiches to school instead of the standard …

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30 August

Amazon will open soon a physical store in Chicago

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Amazon spokeswoman Deborah Bass said the store, targeted to open next year, will be at 3443 N. Southport Avenue, the former location of the now-closed Mystic Celt bar and restaurant. “We are …

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29 August

Now Safeway and Albertsons will deliver groceries to your front door, too

  • Categories Retail News
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Safeway is launching grocery delivery in the Denver metro area, joining King Soopers, Walmart and third-party providers like Instacart in offering the increasingly popular service. Starting Wednesday, customers of both Safeway and Albertsons (both chains …

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29 August

Brick-and-Mortar Retail Still Rules Back-to-School Season

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Despite the rise of Amazon.com Inc., parents still do most of their back-to-school shopping at brick-and-mortar shops. Almost 90 percent of school supplies will be purchased in traditional stores this …

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26 August

Abercrombie pairs with Zalando to go global

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Abercrombie & Fitch is partnering with Zalando in a deal that will make the company’s brands available in 15 European markets. Beginning this week, Abercrombie & Fitch, Hollister and abercrombie …

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24 August

Sears moves to elevate apparel offerings with fashion-forward, in-store concept

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Sears is piloting a concept that could breathe new life into its apparel offerings.   In an unusual move for a retailer that has not invested much in the way of …

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22 August

China topples US to become the world’s largest retail market

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In 2016, China will surpass the US to become the world’s largest retail market with total sales of $4.886 trillion, compared with $4.823 trillion in the US, according to a new report …

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22 August

Urban Outfitters looks to omnichannel to spur growth

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Here’s the good news for Urban Outfitters Inc. in the second quarter: Shoppers visited the retailer’s e-commerce sites more often than they did during the same period a year earlier …

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