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Retail News

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21 February

Amazon adds Whole Foods discount for Prime members

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With online giant Amazon having expanded into supermarkets, its loyalty perks program is following right behind. Amazon Prime members who use the Amazon Prime Rewards Visa credit card will now get 5% back …

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19 February

FAO Schwarz to start opening shops in China

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The toy retailer will open locations in Beijing and Shanghai this year through a collaboration with China’s largest toy distributor, Kidsland.  Infacts, Kidsland will also open 30 smaller FAO Schwarz …

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13 February

Amazon’s Delivery Dream Is a Nightmare for FedEx and UPS

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Amazon’s ambition has been in plain sight for years. The company has built its own network of merchandise warehouses and package sorting centers. It enlisted its own airplanes and truck trailers to transport cargo. It registered …

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12 February

Tesco to launch separate discount store to take on Aldi & Lidl

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Tesco is understood to be developing a new discount store in order to take on industry disruptors Aldi and Lidl. According to The Sunday Times, UK’s biggest retailer is set to launch …

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09 February

Asda to invest £20m to fight food poverty

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Asda has announced plans to invest at least £20 million into a partnership with charities to help more than one million people out of food poverty in the next three …

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06 February

Alibaba Buys Stake in Wanda Film in $1.2 Billion Share Sale

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Alibaba Group Holding Ltd. has agreed to buy a stake in Dalian Wanda Group Co.’s cinema operator as billionaire Wang Jianlin’s real estate-to-entertainment conglomerate turns to another Chinese tech giant and …

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05 February

Starbucks’ Rewards scheme forms the basis of a digital currency

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The growing number of mobile transactions Starbucks is processing has led it to look at how blockchain technology could soon “form the basis of a digital currency with real consumer …

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01 February

Walmart in talks to buy minority stake in India’s Flipkart

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U.S. retailer Wal-Mart Stores Inc is in advanced talks to buy a minority stake in Indian e-commerce firm Flipkart, Indian financial daily the Economic Times reported on Tuesday. Walmart could …

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31 January

H&M moves into the off-price marketplace with Afound

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The rumors have proven to be true – Swedish fashion giant Hennes & Maurtiz is set to launch Afound, an off-price marketplace in 2018. The move sees the H&M group …

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29 January

Nike corre al Nyse

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Non si arresta la corsa di Nike alla Borsa di New York. Dallo scorso ottobre l’azione è cresciuta di oltre il 31%, portandosi oltre i 68 dollari (circa 54,5 euro), …

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