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Retail News

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04 August

Wal-Mart buys Jet for record-breaking $3b

  • Categories Retail News
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In its short life, Jet found a way to disrupt modern retail’s great disruptor, Amazon, by offering lower prices based on a dynamic formula that takes into account factors like basket …

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03 August

Hot 100 Retailers 2016

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“The supermarket segment is a model of the dynamic changes in retail. It represents a fast-changing marketplace where legacy banners are reinventing, smaller footprint operators are gaining share and online …

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03 August

How companies with Colorado ties are competing with Amazon

  • Categories Retail News
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In a lab contained within his computer screen, eBags CEO Mike Edwards searches technology from more than 136,000 companies. Just a year into joining the Greenwood Village online retailer, he has tested a …

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02 August

Burberry acquires remaining stake in its Chinese retail operations

  • Categories Retail News
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Burberry is one of the retailers benefitting from Britain’s so-called Brexit vote to leave the European Union. The vote is pushing down the value of the pound, making Burberry’s goods more …

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01 August

Dollar General buys Walmart Express stores

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In January, Wal-Mart Stores Inc. shut down all 102 of its smaller-format Walmart Express stores, part of an effort to shutter 269 underperforming stores worldwide and 154 in the U.S. Walmart Express stores were …

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28 July

Amazon Prime Comes to India

  • Categories Retail News
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Amazon has long set its sights on India as an important market, one CEO Jeff Bezos recently called the company’s “fastest growing geography.”  This underscores the importance of Amazon’s announcement Tuesday that its Prime membership …

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26 July

Opening Cerimony unveils new collection for summer olympics

  • Categories Retail News
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A boxing ring welcomes Brooklyn Museum patrons into Opening Ceremony’s pop-up shop. In creating the brand, inspiration from the Olympics came into the picture. And now, designers pay homage to that same …

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26 July

Delhaize Group and Royal Ahold complete merger

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Dutch retail giant Ahold and Belgian rival Delhaize said they had finalised their mega-merger after US regulatory authorities gave the union the green light. Both groups said they had inked …

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25 July

LVMH Is Selling Donna Karan for $650 Million

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French luxury group LVMH has agreed to sell Donna Karan International to American manufacturing and licensing company G-III Apparel Group in a deal valuing the fashion brand at $650 million, …

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22 July

Sainsbury’s gets all-clear to buy Argos

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The competition regulator has approved the Sainsbury’s £1.4bn takeover of Home Retail Group, which owns Argos, clearing the way for the supermarket chain to become Britain’s biggest seller of general goods. The …

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