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Retail News

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30 June

Walgreens pulls the plug on Rite Aid deal

  • Categories Retail News
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From the beginning, starting in October 2015 when the merger plan was first announced, Walgreens Boots Alliance CEO Stefano Pessina has been adamant about making the deal happen, and the …

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27 June

Dov Charney’s American Dream: The rise, fall and comeback of an apparel empire

  • Categories Retail News
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Dov Charney has a proposition. “Do you wanna FaceTime?” The reporter he’s talking to this morning has just a few follow-up questions, but Charney has something more exciting in mind. …

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26 June

What brands can learn from Uber — and Travis Kalanick’s — spectacular rise and fall

  • Categories Retail News
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A week after Travis Kalanick announced that he would take a leave of absence, the Uber CEO has gone one step further and stepped down as the ride-hailing company’s top …

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26 June

Nike to sell directly on Amazon

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If true, Nike’s plan to sell directly through Amazon is a blow to retailers like department stores and specialty retailers like Foot Locker, Finish Line and Dick’s Sporting Goods, as …

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22 June

The Impact of Storytelling on The Retail Market

  • Categories Retail News
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– By Khahlil Louisy  It is true that we are more likely to make purchases upon recommendation by a familiar face, versus the glossy advertising images in publications or which …

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22 June

Amazon, one step closer to crushing America’s biggest clothing stores

  • Categories Retail News
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Amazon just got one step closer to dominating department stores in clothing sales. The ecommerce giant launched a new service called Prime Wardrobe on Tuesday that lets customers try on clothing before buying it. …

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20 June

Millennials are making it luxe to be more ethical and environmentally aware

  • Categories Retail News
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What are you buying when you pay $5 for a cup of organic, single-origin, fair-trade coffee? Or a locally produced, sustainably sourced linen tunic? Or a Tesla Model X electric …

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19 June

Walmart to Buy Bonobos, Men’s Wear Company, for $310 Million

  • Categories Retail News
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Walmart has agreed to acquire the men’s clothing company Bonobos for $310 million. The purchase is part of a sweeping effort by the world’s largest retailer to revamp its business …

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16 June

Amazon To Acquire Whole Foods Market For $13.7B

  • Categories Retail News
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ohn Mackey, Whole Foods Market’s co-founder and CEO, added, “This partnership presents an opportunity to maximize value for Whole Foods Market’s shareholders, while at the same time extending our mission …

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16 June

What does the Tesco-Booker merger mean for convenience stores?

  • Categories Retail News
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Earlier this week Nisa, one of the UK’s largest convenience store chains, revealed it was exploring a possible sale. As a mutually-owned retailer this could fundamentally change the way the …

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