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 …
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 …
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 …
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, …
Consumers are increasingly going to be able to get their Levi’s from Levi’s, and they’re likely to pay full price. That’s essentially the strategy outlined by Levi’s CEO Chip Bergh as …
Customers making digital purchases from the revamped Toys “R” Us will receive their products courtesy of Target. Through a partnership with Tru Kids Brands, the new parent company of Toys …
The 2019 holiday season will be the last for the downtown Seattle Macy’s. The department store is closing up shop in the Emerald City. The Seattle Times reports that clearance sales …
Bed Bath & Beyond will close more stores than it originally planned. The troubled retailer said that it will soon close 20 more stores, in addition to the 40 announced …
Walmart is selling ModCloth to Go Global Retail. The terms of the deal, expected to close later this year, were not announced. The discount giant acquired ModCloth in March 2017 …
Walmart is considering possible opportunities for its text-based concierge shopping service, JetBlack. According to sources for Bloomberg, the retailer is looking to develop a partnership with the business, spin it off, or sell it …