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Retail News

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09 May

How Amazon Plans To Dominate The Private Label Market

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Amazon already has the loyalty of 100 million Prime members, a most dedicated audience that paid $99 for the privilege, though soon it will go up to $119 per year. …

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07 May

Nestle to pay $7.15 billion to Starbucks in coffee tie-up

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Nestle will pay Starbucks $7.15 billion as part of a global coffee alliance in which the Swiss-based food giant is getting the rights to market the U.S. coffee company’s products …

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04 May

Macy’s looks to make shopping an experience with Story

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Macy’s, the 160-year-old mall standby, is looking for a new audience — and thinks it has found it in a Manhattan concept store. The department store chain on Wednesday said it …

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03 May

L’Oreal snaps up South Korean cosmetics firm Nanda

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 France’s L’Oreal on Wednesday said it had agreed to buy South Korean make-up and fashion firm Nanda, as foreign cosmetic industry leaders jostle for a slice of one of the …

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30 April

Walmart’s Asda agrees to UK merger deal with Sainsbury’s

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U.K. food retail is set for a massive shake up as J Sainsbury and Asda plan to merge in a deal worth $10 billion, creating a new giant for the supermarket sector. …

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30 April

Subway to close about 500 U.S. restaurants

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Subway Restaurants is planning to shutter an estimated 500 locations in the U.S. The Milford, Conn.-based chain wants to focus on better restaurant locations and boosting sales, according to Bloomberg. High on …

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26 April

Carrefour strikes deal to become biggest buyer in French retail

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French retailer Carrefour (CARR.PA) has struck a five-year purchasing alliance with peer Systeme-U, stealing a march over rivals in a deal that will make Carrefour the biggest buyer in its …

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23 April

Walgreens launches pilot program in Gainesville, Fla. stores

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Walgreens is launching a new pilot program that will lower SKU counts per store by at least 20%, as well as lower everyday pricing and offer new services. The format …

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19 April

Whole Foods to merge rewards program into Amazon Prime

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Whole Foods Market has sent an email to members of its loyalty program announcing that it will discontinue its rewards program and digital coupons starting May 2, indicating that it …

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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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