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Retail News

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21 December

How China’s luxury e-commerce market will evolve in 2018

  • Categories Retail News
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In 2017, Western luxury brands embarked on a migration in an eastern direction. To drive revenue, they had to more aggressively tap into the one region that has showed consistent sales growth, …

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18 December

What will happen to Steinhoff and what does it mean for the UK?

  • Categories Retail News
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Whenever the name Enron or Northern Rock is mentioned, it’s tough not to look back and think in hindsight how obvious the signs were. But of course, only a brave …

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18 December

To thwart Amazon, Kroger and Walmart lure shoppers with curbside pickup

  • Categories Retail News
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As Amazon.com looks to upend the U.S. grocery market with home delivery, some veteran supermarket operators are betting on a different strategy: curbside pickup. Americans have long loved the convenience …

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13 December

J.Crew to close iconic SoHo flagship

  • Categories Retail News
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In the wake of quarterly sales falling 12% and ongoing financial loss, struggling retailer J.Crew will be closing its twenty one year old SoHo flagship in NY. Business Insider has …

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12 December

Unibail Buys Westfield for $16 Billion

  • Categories Retail News
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Unibail-Rodamco SE, Europe’s largest commercial landlord, agreed to buy Australia’s Westfield Corp. for about A$21 billion ($15.8 billion) in the biggest property acquisition since 2013 as declining store sales push …

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11 December

Lego, Disney And Lululemon Are Winning At Retail

  • Categories Retail News
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To fend off e-commerce competition, stores are trying harder to create better customer experiences, but a new study shows many miss what’s most important to consumers. Reputation.com says that Lego, …

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06 December

Nestle to buy vitamin maker Atrium Innovations for $2.3 billion

  • Categories Retail News
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Nestle is buying Canadian vitamin maker Atrium Innovations for $2.3 billion, expanding its presence in consumer healthcare as it seeks to offset weakness in packaged foods. The world’s largest packaged …

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05 December

Toys R Us to shutter 26 stores in UK, focus on smaller shops

  • Categories Retail News
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Toys “R” Us Inc. plans to shut at least 26 U.K. stores as the retailer goes through bankruptcy proceedings in the U.S. The closures, starting in spring 2018, will pare rents on warehouse-size …

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04 December

CVS to Buy Aetna for $69

  • Categories Retail News
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Pharmacy giant CVS Health has agreed to buy Aetna in a $69 billion blockbuster acquisition that could rein in health care costs and transform its 9,700 pharmacy storefronts into community medical hubs for primary …

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30 November

Is Christmas shopping about to completely change?

  • Categories Retail News
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Christmas parties, crackers, mistletoe, garish jumpers, great movies, mince pies and of course an extra hole on the belt buckle. Christmas is a time of traditions, and part of its …

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