RetailNow

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Walmart US 2Q19: Increased Digital Capabilities Driving Omnichannel Efforts

Friday, Aug 17, 2018

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

Walmart Is Making Omnichannel Work

Friday, Aug 17, 2018

Walmart delivered Q2 US comp growth of 4.5%, with traffic and ticket up 2.0%. Online sales rose 40% while Sam’s Club comps were 5.0%. International sales gained 4.0%.

JD.Com Performance Weighed Down By Investments

Friday, Aug 17, 2018

JD.com posted a second-quarter net loss of CNY2.21 billion (USD334.4 million), compared to CNY287.0 million for the same period last year. The Chinese ecommerce giant reported a 31.2% rise in revenue to CNY122.3 billion for the quarter ended 30 ...more

Kroger Reveals Pilot Location For Nuro Delivery Robot Trial

Friday, Aug 17, 2018

Kroger and Nuro have announced Scottsdale, Arizona as the city for their self-driving grocery delivery pilot. A Fry’s Food Stores location has been selected as the test outlet for the new service. It will, Kroger claims, use new self-driving ...more

AS Watson, L'Oréal Partner For New Chinese ‘Colorlab By Watsons’ Concept

Friday, Aug 17, 2018

AS Watson has teamed up with L’Oréal to launch Colorlab by Watsons, a new concept makeup store in China. These new stores offer a fashionable and trendy experience-led makeup space. There is access to on-hand makeup artists who can offer advice ...more

JCPenney Concerns Mount After Discounts Fail To Tempt Shoppers

Friday, Aug 17, 2018

US department store institution JCPenney recorded a loss for its second quarter of USD101 million. This was a widening of the USD48 million shortfall in the comparable quarter last year.

Nordstrom Digital Upgrades And Off-Price Expansion Pay Off

Friday, Aug 17, 2018

Nordstrom’s income for the quarter ended 4 August was USD162 million, compared with USD110 million in the prior-year quarter. Revenue climbed 7.1 % to USD4.07 billion from a year ago. Revenue for the full year is forecast to be as much as USD15.5 ...more

Kohl’s Now Offering Amazon Returns At Over 100 Stores

Friday, Aug 17, 2018

More than 100 Kohl’s stores are now equipped to accept Amazon order returns. The department store retailer recently opened Amazon return stations at 21 stores in the Milwaukee area. The pilot project began last autumn and includes 82 stores in ...more

Alibaba Signs Digital Development Deal With Shanghai Authority

Friday, Aug 17, 2018

Shanghai, Alibaba, and Ant Financial have signed a strategic co-operation agreement to boost the integrated development of the Yangtze River Delta. Under the new partnership agreement, Alibaba will ramp up its new retail efforts in Shanghai.

Kaufland Caters To Dietary Needs With Latest Private Label Range

Friday, Aug 17, 2018

Schwarz Group’s hypermarket banner Kaufland has expanded its private label to include lactose- and gluten-free lines. The K-free label initially covers 20 SKUs, including yoghurt, whipped cream, milk and quark, butter, sour cream and cheese for ...more

Walmart To Enter Mexico Fuel Station Sector

Friday, Aug 17, 2018

Wal Mart de Mexico said on Thursday that it will open gas stations alongside its domestic stores. It will join other private companies that are now competing with Pemex, the country’s former monopoly fuel seller.

Grupo Elektra To Open Mexican Online Marketplace

Friday, Aug 17, 2018

Mexican consumer electronics specialist Grupo Elektra has launched a digital marketplace, intended to compete with the likes of Amazon, Linio and MercadoLibre. Elektra launched its marketplace platform at elektra.com.mx, featuring the complete ...more

Convenience Retail Asia Cites O2O Advances As Underpinning H1 Gains

Friday, Aug 17, 2018

Digital and creative marketing strategies have been credited for rising sales at Hong Kong Circle K and Saint Honore stores in the first half of this year. Parent Convenience Retail Asia says the combined operations achieved sales of HKD2.57 ...more

The Future of Supply Chain & Fulfillment Registration (WEBINAR)

Thursday, Aug 16, 2018

Retailer supply chains are being increasingly challenged. The growth of ecommerce and intensified consumer demand for fast delivery is leading to a complete fragmentation of the supply chain. Join us on Wednesday, August 29, as ...more

Best Buy Extends Healthcare Reach With Buyout Of GreatCall

Thursday, Aug 16, 2018

US consumer electronics giant Best Buy has announced the $800m purchase of digital senior healthcare specialist GreatCall. GreatCall has 900,000 US subscribers and revenues of $300m . It is best known for the Jitterbug senior-friendly ...more

Showing 1 – 15 of 41615