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Retail News

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12 December

Kroger & Walgreens form group purchasing organization

  • Categories Retail News, Top News
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Adding scale to compete with big rivals, The Kroger Co. and Walgreens have created a group purchasing organization (GPO) called the Retail Procurement Alliance. Kroger and Walgreens said that the …

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09 December

Target plans to open a store in New York’s Times Square in 2022

  • Categories Retail News, Top News
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Target is bolstering its presence in the Big Apple with a store in the heart of Times Square, CNBC has learned. The discount retailer has signed a lease to open a …

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06 December

190 million people shop during the Thanksgiving weekend

  • Categories Retail News, Top News
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The holiday shopping season has begun in earnest, with nearly 190 million consumers shopping between Thanksgiving and Cyber Monday, the National Retail Federation. The retail trade group said that’s up …

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04 December

MSGM opens first store in Taiwan

  • Categories Retail News
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The Italian high-end fashion brand MSGM celebrated its tenth anniversary with the official launch of its boutique store located at the second floor of Taipei Breeze A3 (Xinyi district). The …

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03 December

‘Sex and the City’ favorite shoe brand Manolo Blahnik closes only NYC store

  • Categories Retail News, Top News
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Spanish shoe designer Manolo Blahnik suddenly shuttered his only free-standing boutique in the US, a small shop on West 54th St., where the “Sex and the City” protagonist claimed to …

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02 December

Black Friday pulls in a record $7.4 billion in online sales

  • Categories Retail News, Top News
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This year’s Black Friday shaped up to be the biggest yet. Americans spent $7.4 billion online on Black Friday and $4.2 billion on Thanksgiving Day. With Thanksgiving landing six days …

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29 November

Shoptalk opens up new horizons with an All-Women Speaker Lineup in 2020

  • Categories Retail News, Top News
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Shoptalk opens up new horizons with an All-Women Speaker Lineup in 2020 Shoptalk, the world’s largest Retail and e-commerce Conference with 8,000+ attendees every year, among which over 800 CEOs …

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28 November

5 trends that shaped Black Friday 2019

  • Categories Retail News, Top News
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Black Friday has always been a crucial time for retailers to lure in customers and lock in sales. But the lines of the start and end to the shopping holiday …

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27 November

American Eagle to close all its Japanese stores

  • Categories Retail News, Top News
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All American Eagle and Aerie stores in Japan are set for closure by year end. Eagle Retailing Corporation, the Japanese partner of American Eagle Outfitters, said it is shutting down …

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25 November

LVMH confirms deal to acquire Tiffany for $16.2 billion

  • Categories Retail News, Top News
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LVMH has reached a deal to buy Tiffany & Co. at $135 a share in cash, or $16.2 billion, in a move that will give the company more access to …

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