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Retail News

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18 April

Tesco: little helps, big profits

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Last week, Tesco announced that its annual pre-tax profits are up 795% on last year’s figures as the brand enters its ninth consecutive quarter of growth. The results confirm that CEO Dave Lewis …

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10 April

H&M’s Wedding Shop courts cost-conscious millennial brides

  • Categories Retail News
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H&M is going after price-conscious millennials with its wedding wear. The retailer launched a new collection of affordable wedding dresses for brides, bridesmaids, and guests at the end of March. Brides are …

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09 April

Global retailers look to the US for future growth

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Most shoppers have probably heard of Zara, H&M, Uniqlo, Aldi or Lidl, all retailers that ventured into the U.S. after they found success overseas. Now, the number of international retailers …

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06 April

New retail mashups hark back to the rise of the mall

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Head-turning retail mashups and sleeping-with-the-enemy-style pairings — from Aldi grocery stores on Kohl’s turf to Anthropologie shops at Nordstrom — are rocking the retail sector, as stores scramble to woo finicky, choice-rich consumers in a …

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04 April

Casino and Auchan enter purchasing partnership talks

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French supermarkets Casino and Auchan have begun talks on a forming a partnership regarding the purchasing of food and non-food items, as competition intensifies within the domestic sector. The companies …

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27 March

GRA Announces Launch in Middle East and North Africa

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The Global Retail Alliance (GRA) platform on Sunday announced its launch in the Middle East and North Africa (Mena) region, in a move aimed at highlighting the latest global and …

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27 March

Amazon wins grocery foothold in France through Monoprix deal

  • Categories Retail News
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Monoprix, one of France’s biggest grocery store chains, said on Monday it will start selling its products to customers in Paris through Amazon’s Prime Now service this year, a move …

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27 March

Lidl and ALDI expanding UK presence

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German-owned discount supermarkets Aldi and Lidl are plowing ahead with a rapid expansion in Britain and are on course to grab more market share from the traditional big four players. …

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22 March

Puma to reenter basketball market

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German sportswear brand Puma plans to rejoin the basketball market as it makes a push to grow in the United States and China and bring its profitability closer to that …

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19 March

Tiffany’s same-store sales, forecast disappoint

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Tiffany & Co (TIF.N) missed analysts’ estimates for same-store sales in the fourth quarter and forecast a tepid full-year profit, indicating that its efforts to turn its business around are …

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