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Retail News

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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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21 October

Domino’s pulls the plug on 4 European markets

  • Categories Retail News, Top News
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Domino’s has run into trouble in Europe: the company, that operates the pizza chain’s UK franchise, has abandoned an expansion into Switzerland, Norway, Sweden and Iceland after its stores there …

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18 October

Ikea plans to expand in tier-II cities in second phase

  • Categories Retail News, Top News
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After its successful launch in Hyderabad and Mumbai, Swedish furniture giant Ikea is now looking at expanding in tier-II cities as a part of its phase 2 expansion plan. The …

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17 October

If Ecommerce Retail Revenue Is Only 10% Of All Global Retail, Better Understand These Key Strategies To Take Advantage Of Online Sales

  • Categories Retail News
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Would it surprise you to learn that online sales for the USA in 2018 amounted to less than 15% of all retail in total? Well, ecommerce only represented 14.3% of …

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17 October

Nike to end supply agreements with indie retailers

  • Categories Retail News
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Nike is reportedly planning to end its supply agreements with independent retailers over the next two years as it focuses efforts on its direct-to-consumer division. According to The Sunday Times, …

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17 October

Uber to acquire international grocery delivery startup

  • Categories Retail News
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Uber has announced it will acquire Santiago-based Cornershop, an online grocer serving Chile, Mexico, Peru and Toronto, according to a press release. The acquisition is expected to close in early …

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17 October

Flipkart ups ante against Amazon, sets up food retail unit

  • Categories Retail News
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E-commerce giant Flipkart said it is setting up a new local entity – Flipkart Farmermart – that will focus on food retail in India, as it looks to take on …

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14 October

Metro to sell majority stake in Chinese business to Wumart

  • Categories Retail News, Top News
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German wholesaler Metro has agreed to sell a majority stake in its Chinese operations to local retailer Wumart, continuing a drive to simplify its business and focus on its core customers …

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10 October

Four steps to personalize the shopper experience

  • Categories Retail News, Top News
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Brands are facing more complexity than ever with the growing needs of customers and the multiplying number of sales channels. With online sales growing threefold during the last four years, …

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