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Top News

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17 December

Britain’s Tesco considers Asia exit

  • Categories Retail News, Top News
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Britain’s biggest retailer, Tesco has signaled a further retreat from its once lofty global ambitions by starting a review of its remaining Asian businesses, which could result in a sale …

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16 December

7-Eleven India plans 1000+ stores in Mumbai

  • Categories Retail News, Top News
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7-Eleven India is poised to launch in Mumbai, marking the first major international convenience-store chain to take on local players. Master franchisee Future Group’s founder and CEO Kishore Biyani said …

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12 December

H&M latest to join clothing rental market

  • Categories Green, Top News
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As the fashion industry strives to meet greater demand for sustainable practices, the second largest fashion retailer in the world is dipping a toe in the clothing rental market. At …

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12 December

Ahold Delhaize dives into cashierless checkout

  • Categories Innovation & Technology, Top News
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Ahold Delhaize is testing grab-and-go technology. The supermarket giant opened a “digital” store under its Albert Heijn banner at Schiphol Airport in Amsterdam. The store will be open for a …

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12 December

Kroger & Walgreens form group purchasing organization

  • Categories Retail News, Top News
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Adding scale to compete with big rivals, The Kroger Co. and Walgreens have created a group purchasing organization (GPO) called the Retail Procurement Alliance. Kroger and Walgreens said that the …

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11 December

Walmart donating land for Hometown Park

  • Categories Green, Top News
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Walmart is donating 75 acres of land that will be developed into a park at the intersection of SW 8th and I Streets in the mega-retailer’s hometown of Bentonville, Arkansas. …

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09 December

Target plans to open a store in New York’s Times Square in 2022

  • Categories Retail News, Top News
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Target is bolstering its presence in the Big Apple with a store in the heart of Times Square, CNBC has learned. The discount retailer has signed a lease to open a …

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08 December

VF Corp lays out group sustainability strategy to reduce emissions

  • Categories Green, Top News
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VF Corporation, the American parent company to Vans, Timberland, Napapijri and Eastpak brands, announced the guidelines of its new sustainability and responsibility strategy. The Denver-based apparel giant has launched a …

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06 December

190 million people shop during the Thanksgiving weekend

  • Categories Retail News, Top News
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The holiday shopping season has begun in earnest, with nearly 190 million consumers shopping between Thanksgiving and Cyber Monday, the National Retail Federation. The retail trade group said that’s up …

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04 December

Burberry opens a new flagship store in Ginza, Tokyo

  • Categories Retail Design & New Openings, Top News
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Burberry opened a new flagship store located in one of Tokyo‘s hottest shopping luxury districts: Ginza. The new space’s composition takes inspiration from the fashion house’s redesigned branch at 121 …

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