UK grocer J Sainsbury has decided to sell its 281 pharmacies to Lloyds Pharamcy owned by Celesio. Sainsbury will sell the business for 125 pounds and the deal is expected to close by the end of February 2016.
FlipKart has introduced 20 pick-up locations for its customers across 10 different cities in India in hopes of avoiding delivery issues and improving customer satisfaction. The “experience zones” will allow customers to talk into a [...more]
Malaysia has the third-fastest mobile shopping growth figures in APAC, behind only India and Taiwan. Malaysia saw growth rates over 20% from 24.4% in 2012 to 45.6% in 2014. Steady growth in internet access via mobile has fueled mobile commerce [...more]
Spanish discounter Dia released 2Q15 results this morning and revealed comps were up 2.9% driven by a strong performance abroad with 20.5% growth in its emerging markets. Dia also updated investors on its agreement to purchase 100% of the El [...more]
Sainbury's, Morrisons, Tesco and Asda all saw sales fall in the last 12 weeks as Aldi and Lidl continue to grow. Asda took the hardest hit with sales down 2.7% and Sainsbury, with sales down just 0.3%, took Asda's spot as the [...more]
Amazon reported that in the second quarter, merchants selling on its marketplace accounted for 45% of units sold. Estimates from ChannelAdvisor indicate that these 3P sellers accounted for roughly 58% of sales for the retailer.
Walmart recently opened a new ecommerce fulfillment center in Pennsylvania and has plans for 3 additional facilities in the near future. The retailer is working towards its goal of bringing two day shipping to 95% of US consumers.
Supervalu has announced that it is considering separating Save-A-Lot into its own publicly traded company. Supervalu has indicated that Save-A-Lot's 1,300+ store network and recent results indicate significant growth potential and [...more]
Best Buy - New York, New York - Jul 2015
City Sports - Boston, Massachusetts - Jul 2015
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Hibbett Sports - Portsmouth, Virginia - Jul 2015