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Top News

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28 October

LVMH in Tiffany takeover approach

  • Categories Retail News, Top News
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France’s LVMH, the world’s largest luxury group by sales, has approached jeweller Tiffany & Co about a takeover that would see the US company known for its diamond engagement rings join …

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25 October

Giant Vietnam restaurant chain Mon Hue shuts down

  • Categories Retail News, Top News
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Vietnam restaurant chain Mon Hue has closed down without notice, evidently unable to pay its debt. Restaurants under the Mon Hue brand along with sister chains including Pho Ong Hung …

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23 October

Starbucks expands its delivery service to 16 US markets

  • Categories Innovation & Technology, Top News
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Coffee fans in five new markets can get a cup of Starbucks coffee by opening their door. The coffee company is expanding its Starbucks Delivers on-demand delivery service to Atlanta, …

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22 October

The owner of Saks Fifth Avenue is going private

  • Categories Retail News, Top News
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Hudson’s Bay Company, which owns Saks Fifth Avenue, has agreed to be taken private in the latest upheaval to hit the retail sector. The Canadian-based retailer will buy back the …

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21 October

Domino’s pulls the plug on 4 European markets

  • Categories Retail News, Top News
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Domino’s has run into trouble in Europe: the company, that operates the pizza chain’s UK franchise, has abandoned an expansion into Switzerland, Norway, Sweden and Iceland after its stores there …

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18 October

Ikea plans to expand in tier-II cities in second phase

  • Categories Retail News, Top News
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After its successful launch in Hyderabad and Mumbai, Swedish furniture giant Ikea is now looking at expanding in tier-II cities as a part of its phase 2 expansion plan. The …

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18 October

Chick-Fil-A eliminates lines with new mobile service

  • Categories Innovation & Technology, Top News
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A fast-casual chicken chain is rolling out a new in-store mobile ordering feature. Chick-Fil-A is introducing “dine-in mobile ordering.” This new ordering option enables customers to order from a table …

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14 October

Metro to sell majority stake in Chinese business to Wumart

  • Categories Retail News, Top News
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German wholesaler Metro has agreed to sell a majority stake in its Chinese operations to local retailer Wumart, continuing a drive to simplify its business and focus on its core customers …

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11 October

Lego tries a way to recycle bricks

  • Categories Green, Top News
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Lego is looking to keep its plastic bricks out of the trash. The Danish toymaker is testing a way for customers to ship their unwanted bricks back and get them …

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10 October

Four steps to personalize the shopper experience

  • Categories Retail News, Top News
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Brands are facing more complexity than ever with the growing needs of customers and the multiplying number of sales channels. With online sales growing threefold during the last four years, …

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