Neiman Marcus gives up on Hudson Yards after just over a year
July 24, 2020
Dive Brief: Neiman Marcus will not reopen its Hudson Yards store, the first location of its namesake banner in New York City, according to court documents filed with the U.S. Bankruptcy …
Westfield’s plans to turn House of Fraser site into office space approved
July 22, 2020
Plans to convert two-thirds of Westfield London’s House of Fraser store into a WeWork-style office space has been approved by the local council. Last night, the planning committee at Hammersmith …
MercadoLibre is a wannabe Alibaba
July 22, 2020
Since your columnist first moved to a debt-ridden Latin America in the 1980s, he has seen many aspects of business in the region change for the better. Two have not. …
Discount grocer Aldi to open more than 70 stores by end of year as part of national expansion
July 21, 2020
Discount grocer Aldi said Tuesday it will open more than 70 stores by the end of the year, with hopes of attracting new customers and wooing some away from grocery …
Walmart Canada investing $3.5B over five years in ‘smarter stores’
July 20, 2020
Walmart Canada plans to invest $3.5 billion over the next five years with a focus on technology to make so-called “smarter stores.” “Everywhere we operate we realize that partnering with …
Next likely to become Victoria’s Secret UK partner
July 17, 2020
British multinational clothing retailer Next has been selected as the intended UK franchise partner for Victoria’s Secret by the brand’s administrators. A Next partnership would give Victoria’s Secret UK access …
New Apple Sanlitun embodies the best of Apple Store architecture
July 17, 2020
Beijing — Apple opened the entirely new Apple Sanlitun, the next iteration of Apple’s first store in China. Sitting adjacent to the previous location on Taikoo Li’s open square in …
Selfridges launches its first outdoor market
July 17, 2020
Selfridges has introduced an open-air market behind its Oxford Street flagship store. The luxury retailer’s ‘Market on the Mews’ sells a rotating selection of food and drink, plants, homeware and gifts, …
Amazon’s New Dash Smart Cart Is Silly And So UnAmazon
July 15, 2020
This week Amazon confirmed that it will debut a new smart shopping cart in its forthcoming Woodlands, CA grocery store scheduled to open sometime later this year. The cart, dubbed the Amazon Dash …
Why is Primark resisting the shift to online?
July 14, 2020
Primark’s resistance to shifting to online has for years baffled consumers and investors alike. In an age when online shopping is thriving, Primark has continued to expand its physical selling …