NEW YORK (Reuters) – As old and new Amazon.com (AMZN.O) competitors gear up to report earnings, investors are eager to know how they plan to withstand the growth of the …
While some people love to chatter about a looming “retail apocalypse,” Goldman Sachs says not so fast. Store-based retailers must approach the current situation — a rapidly evolving environment — …
No-frills grocery chains Aldi and Trader Joe’s have been attracting loyal customers in the U.S. regions where they operate, and as similar retailer Lidl (which also sells apparel and home goods) readies its …
After a U.S. store expansion that fizzled a few years ago, fashion retailer Uniqlo is trying something new: selling its wares from vending machines. The hip Japanese clothing chain owned …
The grocery giant recorded a sales drop 3.2 per cent to £21.7 billion in its full-year period ending December 31, while pre-tax profits slumped by almost 19 per cent to …
SHANGHAI, China — High-tech automated convenience stores are infiltrating Beijing and Shanghai. One of them, BingoBox, launched in several neighbourhoods early this month, offering shelves lined with instant noodles, beer …
Neiman Marcus said Wednesday that a reorganization of its business to reflect changing customer shopping habits will include a reduction of its workforce. The Dallas-based retailer also said it’s assessing …
LONDON, United Kingdom — Jimmy Choo is changing hands. Again. This time, the luxury shoemaker is being acquired by accessible luxury giant Michael Kors from its previous owner JAB Holding Co. …
Swedish financial publication Veckans Affärer suggested this week that the Fast Retailing-owned Japanese apparel giant could be taking up a unit at the Sverigehuset retail centre in Stockholm. The premises …
Just two weeks after their opening, the temporary boutiques featuring the fruits of the Louis Vuitton and Supreme collab have closed their doors in France and in the United States, …