Britain’s Tesco considers Asia exit
December 17, 2019
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 …
7-Eleven India plans 1000+ stores in Mumbai
December 16, 2019
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 …
Huda Beauty pop-up store, London
December 16, 2019
Creating an interior that can’t be seen from the outside and which has a (jovial) security person at the door is hardly the stuff of which welcoming retail environments are …
KFC unveils a new restaurant design in New York
December 13, 2019
KFC has unveiled a new urban inline restaurant design in the Bronx, New York. The new design, by FRCH Nelson, is intended to reflect the borough’s bold, fast-paced eclecticism. Upon …
H&M latest to join clothing rental market
December 12, 2019
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 …
Ahold Delhaize dives into cashierless checkout
December 12, 2019
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 …
Kroger & Walgreens form group purchasing organization
December 12, 2019
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 …
Walmart donating land for Hometown Park
December 11, 2019
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. …
Target plans to open a store in New York’s Times Square in 2022
December 9, 2019
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 …
VF Corp lays out group sustainability strategy to reduce emissions
December 8, 2019
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 …