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Retail News

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28 February

Amazon buys startup Ring in $1 billion deal to run your home security

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Amazon has reportedly agreed to acquire smart home company Ring for more than $1 billion, according to Reuters. Ring is best known for selling its connected doorbells, security cameras, and floodlights, …

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28 February

McDonald’s reunites with Disney on Happy Meals

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McDonald’s and Disney have reunited in a deal that will bring Disney movie toys back to Happy Meals for the first time since 2006 and gives both megabrands new ways …

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26 February

Amazon selling private-label medications

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Amazon’s major foray into brick-and-mortar via its $13.7 billion takeover of grocer Whole Foods has led to speculation that it could make a similar play in pharmacy. Cowen & Co. analyst John Blackledge​ …

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23 February

Unilever expected to pick Rotterdam when fleeing UK’s Brexit

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The British government is expecting that Unilever will pick Rotterdam for its head office after the United Kingdom leaves the European Union – the so called Brexit, the Financial Times …

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22 February

Tesco the first supermarket to reveal gender pay gap details

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Tesco has revealed a gender pay gap of 8.7 per cent, making it the first of the big grocers to report its figures ahead of a government deadline in April. …

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21 February

Albertsons acquires (the rest of) Rite Aid

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This move checks off a few very important boxes for Albertsons. First and foremost, it will allow the company to finally go public. The retailer, which is owned by private …

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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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