RetailNow

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Shipt Obtains $20 Million in Series A Funding; Plans to Use It to Expand to New Markets

Wednesday, Jul 27, 2016
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Shipt, an online grocery ordering and delivering service, has obtained $20.1 million in Series A funding which it plans to use to expand into new markets and develop more partnerships with retailers.

Loblaw Reports Strong Same Store Sales Growth for 2Q16

Wednesday, Jul 27, 2016
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Loblaw has reported a retail segment revenue of $10.5 billion for 2Q16, a 1.7% increase compared to 2Q15. 

Spain’s DIA Group Posts €5 Billion in 2Q16 Sales

Wednesday, Jul 27, 2016
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Spanish retail group DIA has posted gross sales of €5.04 billion in 2Q16, which is a 12% increase in local currency terms compared to the same period last year. In the Iberia region of Spain, sales were up 3.4% to €3.4 billion, while sales rose [...more]

Walgreens Opens New Specialty Pharmacy in MI

Wednesday, Jul 27, 2016

Walgreens has announced the opening of a smaller format, specialty pharmacy in Grand Rapids, Michigan scheduled to open by the end of August. 

Apple Reports 3Q16 Sales Decline of 15% YoY

Wednesday, Jul 27, 2016
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Apple’s third quarter 2016 results reveal a drop in net sales of 15% year-over-year, and a decline in iPhone sales of 23%.

7-Eleven Debuts New Store Format in Malaysia

Wednesday, Jul 27, 2016
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7-Eleven introduced a new lifestyle store concept to 2,000 stores in Malaysia.

UK-Based Retailer Lakeland to Open in Australia

Wednesday, Jul 27, 2016
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UK-based retailer Lakeland has announced that it will open 12 SWAS with Australian retail chain The Good Guys in October before launching its standalone stores in the first quarter of 2017.

Magnit Debuts New Fresh-Focused Format

Wednesday, Jul 27, 2016
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Magnit is testing a new format in select stores in an effort to put more of an emphasis on the products. The most obvious change is that of the color scheme. The floor and walls are now painted gray in constrast with the retailer's main colors, [...more]

Oxxo Same-Store Sales Grow by 5.1% in 2Q16

Wednesday, Jul 27, 2016
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FEMSA's retail division saw total revenue growth of 12.6% in 2Q16 mainly due to growth in store openings and an increase of 5.1% in same-store sales. 

SuperValu Reports Declining Same-Store Sales in 1Q17

Wednesday, Jul 27, 2016
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SuperValu reported $1.43 billion through 1Q17, a decrease of 2.9% compared to 1Q16. Same-store sales also declined by 4.5% in 1Q17 compared to 1Q16.

Huawei Plans to Open 15,000 New Stores This Year

Wednesday, Jul 27, 2016
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Huawei Technologies has announced its plan to open 15,000 new retail stores around the world with a target shipment goal of 140 million smartphones this year. 

Dollar General Announces Purchase of 41 Former Walmart Express Stores

Wednesday, Jul 27, 2016
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Dollar General announced that it has completed the purchase of 41 former Walmart Express locations across 11 states. The company also anticipates relocating 40 existing Dollar General stores into the purchased sites by October 2016 and entering [...more]

Comps Fall Again for Whole Foods in Q3; Sales Up 2.3% YoY

Wednesday, Jul 27, 2016
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Whole Foods announced that third quarter sales increased to a record $3.7 billion. Sales increased 2.3% year-to-date to $12.2 billion. Comps declined for the fourth straight quarter to 2.6%, which is a slight improvement from the 3% drop [...more]

Soriana Sees Same-Store Sales Growth of 6.9% During 2Q16

Wednesday, Jul 27, 2016
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Soriana's total revenues grew by 36.9% in 2Q16, while same-store sales increased by 6.9%. 

Showing 1 – 15 of 38825