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Retail News

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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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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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