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Retail News

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12 November

Amazon confirms plans to open a new grocery brand

  • Categories Retail News, Top News
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Amazon said it plans to open its first new brand of grocery store in California next year, as it amps up its ambitious push to become a bigger name in …

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06 November

Walgreens has explored taking drug store chain private

  • Categories Retail News, Top News
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Walgreens Boots Alliance has been exploring whether to go private following private equity interest in the U.S drug store chain, which has a market value of more than $55 billion, …

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05 November

Asia Pacific to drive global travel retail sales

  • Categories Retail News
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A new report has shown that the Asia Pacific region will continue to be a major driver of global  duty-free and travel retail sales. According to the study, titled ‘Economic …

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04 November

Bubble-tea chain The Whale debuts in Singapore

  • Categories Retail News, Top News
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Bubble tea chain The Whale has opened its first outlet in Singapore. The Nanjing-based brand opened the first franchise in the territory in a basement takeaway kiosk at Lot One …

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31 October

Walgreens to open more ‘Small Stores’ in big U.S. cities

  • Categories Retail News, Top News
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Walgreens Boots Alliance is developing more than 30 “small store” pharmacies largely in urban areas that the chain says will have a health and wellness focus in the location’s front …

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31 October

Amazon pumps in more than $600 million into India units

  • Categories Retail News, Top News
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Amazon.com has invested around 45 billion rupees ($634.20 million) into its Indian subsidiaries as the Seattle-based e-commerce giant ramps up operations in one of its fastest growing markets. Documents filed …

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28 October

LVMH in Tiffany takeover approach

  • Categories Retail News, Top News
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France’s LVMH, the world’s largest luxury group by sales, has approached jeweller Tiffany & Co about a takeover that would see the US company known for its diamond engagement rings join …

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25 October

Giant Vietnam restaurant chain Mon Hue shuts down

  • Categories Retail News, Top News
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Vietnam restaurant chain Mon Hue has closed down without notice, evidently unable to pay its debt. Restaurants under the Mon Hue brand along with sister chains including Pho Ong Hung …

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23 October

Waitrose expands in the Middle East

  • Categories Retail News
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Waitrose has opened one new store and confirmed plans for another in the UAE. The first new store, which will be operated by Fine Fare Food Market, opened in in …

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22 October

The owner of Saks Fifth Avenue is going private

  • Categories Retail News, Top News
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Hudson’s Bay Company, which owns Saks Fifth Avenue, has agreed to be taken private in the latest upheaval to hit the retail sector. The Canadian-based retailer will buy back the …

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