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Retail News

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28 February

Walmart will soon test an Amazon Prime competitor called Walmart+

  • Categories Retail News, Top News
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When Amazon launched a funky membership program called Amazon Prime in 2005, Walmart boasted larger profits than Amazon had revenue. Fifteen years later, though, Prime is the key reason for …

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27 February

Trader Joe’s set to move into historic NYC space

  • Categories Retail News, Top News
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Trader Joe’s is on track to make history—yet again—with plans to move into the landmarked space beneath the Queensboro Bridge on New York’s Upper East Side. The Monrovia, Calif.-based retailer’s …

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24 February

Victoria’s Secret in deal to go private as Les Wexner steps down

  • Categories Retail News, Top News
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Victoria’s Secret, the troubled lingerie brand owned by L Brands, is being sold to a private equity firm in a $525 million deal. Sycamore Partners and L Brands will split …

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11 February

Colette makes European debut on London’s Fulham Road

  • Categories Retail Design & New Openings, Retail News, Top News
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Colette, the new gourmet traiteur and delicatessen, has opened an 861 square foot outlet on London’s Fulham Road. With the food offering headed up by former Ritz Hotel chef Chris …

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10 February

Aldi opens new East Midlands distribution centre

  • Categories Retail News, Top News
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Aldi  has opened a new £64 million distribution centre in Derbyshire. Spanning over 600,000 square feet, the site in Sawley is the supermarket’s 11th distribution centre in the UK and …

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04 February

Levi’s Testing Smaller-Footprint Stores for 2020

  • Categories Retail News, Top News
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Levi’s will continue to expand its direct-to-consumer and tech-infused retail strategies by opening more doors with smaller footprints in the United States. The company accelerated the U.S. rollout of ship-from-store …

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29 January

Starbucks just opened its first pickup-only store

  • Categories Retail Design & New Openings, Retail News, Top News
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Starbucks just opened its first pickup-only store last month in New York City, dedicated to customers who order ahead with the Starbucks app. The Seattle coffee giant debuted its mobile order-ahead app …

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28 January

Foot Locker to launch cross-brand loyalty program

  • Categories Retail News, Top News
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Foot Locker is kicking off the new year with a fresh loyalty program for customers that encourages shopping across its banners. It’s an approach that other multi-brand retailers have moved …

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17 December

Britain’s Tesco considers Asia exit

  • Categories Retail News, Top News
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Britain’s biggest retailer, Tesco has signaled a further retreat from its once lofty global ambitions by starting a review of its remaining Asian businesses, which could result in a sale …

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16 December

7-Eleven India plans 1000+ stores in Mumbai

  • Categories Retail News, Top News
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7-Eleven India is poised to launch in Mumbai, marking the first major international convenience-store chain to take on local players. Master franchisee Future Group’s founder and CEO Kishore Biyani said …

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