RetailNow

Showing 1 – 15 of 44124

Walmart Ecommerce Growth Slows, but Store Sales Remain Solid

Wednesday, Feb 21, 2018

Walmart Q4 total sales rose 4.1% YoY to USD136.3 billion, but net profit slid 42% to USD2.2 billion. Online sales rose 24% in Q4, down from >50% in Q3, which Walmart attributed to fewer sales from Jet.com and problems it is facing managing ...more

Tops Market Reportedly Considering Chapter 11

Wednesday, Feb 21, 2018

Tops Friendly Markets, which operates stores in upstate New York and Western Vermont, may file for Chapter 11 bankruptcy, according to unnamed sources. 


Metro Plans Small-Format Expansion in Tatarstan

Wednesday, Feb 21, 2018

Metro Cash & Carry and the government of Tatarstan have signed an agreement to develop Metro’s network in the Russian federal district. 

Coles Owner Takes H1 Profit Hit on Supermarkets and DIY Businesses

Wednesday, Feb 21, 2018

Coles’ saw stalling sales growth and slumping profits in its first half, amid a struggling Australian grocery sector. 

Home Depot Comps and Sales Surge in Fourth Quarter

Wednesday, Feb 21, 2018

Home Depot has emerged from a successful fourth quarter, after profits and sales beat analyst expectations. The home and DIY retailer managed to boost both trips to store and basket size and saw a 7.5% year-on-year increase in same-store sales as ...more

Walmart US 4Q18: Continuing Digital Investment as Ecommerce Growth Slows

Tuesday, Feb 20, 2018

RNG analysis of Walmart's most recent results with drivers, forecast, and initiatives in the US.

Albertsons To Buy Remainder Of Rite Aid

Tuesday, Feb 20, 2018

US grocer Albertsons will buy the remnant portion of drugstore chain Rite Aid not purchased last year by Walgreens. Rite Aid is valued at ca. USD2.3 billion, had 2,505 stores at end of Q3 with a strong presence on the West Coast and northeastern ...more

Amazon Offers Whole Foods Discounts To Prime Rewards Visa Cardholders

Tuesday, Feb 20, 2018

In a bid to increase synergies after its acquisition of Whole Foods and drive up Prime subscriptions, Amazon has started offering Whole Foods discounts to users of the Prime Rewards Visa card.

Dia furthers convenience experiment with new Dia & Go fascia

Tuesday, Feb 20, 2018

Dia has launched its new convenience banner, Dia & Go, in Madrid, simultaneously with the launch of Dia forecourts at BP petrol stations this month.

Debit Card Use To Overtake Cash Payments In UK This Year

Tuesday, Feb 20, 2018

The UK will move one step closer to being a cashless society this year, as debit cards are set to overtake cash as the preferred payment method in the country.

Ahold Delhaize Expands Trial of AH to Go Forecourt Concept

Tuesday, Feb 20, 2018

Ahold Delhaize is set to expand its AH to Go at BP petrol stations pilot. The company will open four new locations in the Netherlands, bringing the total number to eight by mid-2018. For the time being, there are no other plans to open more AH to ...more

Kaufland Pledges EUR200 Million Towards Romania In 2018

Tuesday, Feb 20, 2018

Schwarz Group-operated Kaufland plans an investment of EUR200 for the 2018-2019 financial year. This will go towards modernising a roster of stores and opening ten new ones, according to Kaufland Romania’s PR manager, Loredana Samoila. This ...more

Alibaba-Funded Tokopedia Takes Indonesia’s 2017 Ecommerce Crown

Tuesday, Feb 20, 2018

Indonesia-based ecommerce platform Tokopedia has overtaken Lazada as the country’s preferred online shopping destination. The fast-growing market added 11 million shoppers for the year, bringing the total to 35 million. Of these, Tokopedia made ...more

Thailand Ecommerce Growth Stalls But Mobile Grows In Popularity

Tuesday, Feb 20, 2018

In 2017, ecommerce growth in Thailand began to stall, but mobile traffic as a proportion of that surged. Thailand’s average e-commerce spending per user for consumer goods is USD248 (THB7,782), compared with the global median of USD833 ...more

PAM Signs Fulfillment Deal With Italian E-grocer Supermarket24

Tuesday, Feb 20, 2018

Supermercato24, an Italian online shopping player specialising in home delivery, has signed a partnership agreement with the Grupo PAM for Milan, Bologna and Padua. The agreement will allow customers to receive groceries at home during the day or ...more

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