RetailNow

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Coles half-year sales up but restructure costs pull profit down

Tuesday, Feb 19, 2019

Coles has reported sales growth of 3.1% in its first half-year results as an independently listed company. Costs of a restructure impacted net profit, which dropped 14% for the half year to AUD738 million (USD547.5 million). Half year group ...more

Kesko commits to sustainable production, distribution

Tuesday, Feb 19, 2019

Finnish retailer Kesko is joining organizations in the food industry, the trade sector and the packaging industry in their commitment to material efficiency together with three ministries of Finland.


JD Sports buys stake in rival Footasylum

Tuesday, Feb 19, 2019

UK sports specialist JD Sports has bought an 8.3% stake in the smaller rival Footasylum. The company could acquire up to 29.9% in Footasylum, just below the mandatory takeover threshold, although JD Sports does not intend to make a takeover bid ...more

Future Group expands reach in the Middle East

Tuesday, Feb 19, 2019

Future Group-owned Future Consumer has signed a memorandum of understanding with T Choithrams & Sons, a chain of supermarkets, to sell its range of biscuits, wheat flour, and bakery products in the Middle East.

Future Consumer's brands ...more

Alibaba eyeing stake in Metro’s China operations

Monday, Feb 18, 2019

Alibaba is reportedly considering a stake in German wholesaler Metro’s operations in China. Negotiations are still in early stages, but Metro Chief Executive Olaf Koch has confirmed that the business is ...more

Casino France divests more stores to Lidl

Monday, Feb 18, 2019

Casino has announced the signing of multiple agreements for selling their stores as a part of the retailer’s ongoing strategy to structurally divest loss-making stores. A cluster of 17 stores is to be sold to German retailer Lidl (8 Leader Price, ...more

Amazon US invests in electric automaker Rivian

Monday, Feb 18, 2019

Rivian, the electric automaker that debuted its first two Electric Vehicles (EV) just three months ago, has raised USD700 million in a round led by Amazon.


Apple acquires AI voice startup PullString

Monday, Feb 18, 2019

Apple has acquired a San Francisco-based artificial intelligence startup called PullString that specializes in helping companies build conversational voice apps. Pullstring was founded back in 2011 by former Pixar employees - its CEO, Oren Jacob, ...more

Ocado signs up French courier firm for rapid delivery

Monday, Feb 18, 2019

UK online grocer Ocado has signed up Stuart Delivery – a subsidiary of French postal giant La Poste – to operate its Zoom service which promises grocery orders to the doorstep within the hour.


Waitrose adds online aisle for B Corp certified products

Monday, Feb 18, 2019

Waitrose has created a virtual aisle for B Corp certified products. The online trial bands together 20 brands and 50 products for sale on its website that have met high social and environmental standards required to be certified as B ...more

Edeka Germany acquires Handelshof

Monday, Feb 18, 2019

Edeka has inked a deal to take over Handelshof stores and Handelshof GmbH on 15 February 2019, subject to approval by the antitrust authorities. The Handelshof group is headquartered in Cologne and operates 16 Cash & Carry stores in North ...more

Alibaba Zomato to launch last mile delivery via bicycles in India

Monday, Feb 18, 2019

India-based food delivery and restaurant discovery platform Zomato has made a target of replacing 40% of its current fleet motorbikes with e-cycles over the next two years. Zomato will introduce electric and mechanical bicycles as part of its ...more

Nisa boosts supply chain with new tracking technology

Monday, Feb 18, 2019

UK symbol group Nisa has become the first UK retailer to use a new pallet-tracking technology which helps improve supply chains. The digital tracking system, provided by pallet services company Chep in partnership with BXB Digital, gives Nisa ...more

Schwarz Group’s Lidl launches kids’ shopping trolleys in UK stores

Monday, Feb 18, 2019

Schwarz Group’s discount banner Lidl is rolling out new shopping trolleys for kids across its UK stores following a successful trial last year.

The introduction of the kids’ trolleys builds on the supermarket’s commitment to engaging ...more

JD.com, British Fashion Council partner on global fashion platform for designers and brands

Monday, Feb 18, 2019

JD.com and the British Fashion Council (BFC) have signed a three-year strategic partnership that includes support of on-schedule designers and events at London Fashion Week (LFW) and London Fashion Week Men’s (LFWM). Additionally, JD.com has been ...more

Showing 1 – 15 of 43991