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Retail News

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10 March

IKEA partners with Alibaba to open the first virtual IKEA store on Tmall

  • Categories Retail News, Top News
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IKEA and Alibaba on Tuesday announced the opening of the IKEA virtual store on Alibaba’s e-commerce platform Tmall. This is the first time IKEA will offer its products and home …

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03 March

Food Delivery Services DoorDash, Uber Eats, and Postmates Might Merge

  • Categories Retail News, Top News
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Food delivery service DoorDash announced Thursday it has taken a first step toward a public offering. DoorDash raised $700 million in its most recent Series G funding round, Bloomberg reported …

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02 March

Retail Hit List: Top 7 Experiential Stores

  • Categories Retail News, Top News
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Drawing customers into a brick-and-mortar store — and even more important, moving them a few steps further along their shopper journey toward a purchase once they’re inside — has become …

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02 March

Uber Eats has lost its biggest advantage in the food delivery war

  • Categories Retail News, Top News
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Last month, the most coveted partnership in the UK takeaway sector came to an unceremonious end. Uber Eats lost the exclusive rights to make around 15 million McDonald’s deliveries each …

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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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