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Showing 1 – 15 of 43727

Target to Acquire Shipt for USD$550 million

Friday, Dec 15, 2017

Target announced it has agreed to acquire Shipt for USD$550 million. Target will roll-out the Shipt service to half of its locations by summer 2018 and to most of its remaining locations by the 2018 holiday season.

Costco 1Q18 Update: Warehouse Clubs Starting Strong in 2018

Friday, Dec 15, 2017

Planet Retail RNG analysis of Costco's most recent results with drivers, forecast, and initiatives.

JD.com Plans to Open Hundreds of Unmanned Stores

Friday, Dec 15, 2017

JD.com has announce plans to roll out hundreds of unmanned convenience stores after testing the concept at its Beijing headquarters. 

7-Eleven US Trials Mobile Ordering in Dallas

Thursday, Dec 14, 2017

The convenience store giant is testing on-demand ordering in 10 of its stores in Dallas, Texas. 

Walmart, JD.com Collaborate on China Blockchain Food Safety Project

Thursday, Dec 14, 2017

Walmart, JD.com, IBM, and Tsinghua University National Engineering Laboratory for E-Commerce Technologies will work together in a Blockchain Food Safety Alliance. 

Target Acquires Shipt, Adds to Fulfilment Capabilities

Thursday, Dec 14, 2017

Target will acquire intermediary Shipt for USD550m and gain the technology, processes and capabilities needed to improve the economics of scaling to meet customer demand for rapid ecommerce fulfilment.

Sobey's Reports Improved Q2 Results, Announces Conversion of Underperforming Stores

Thursday, Dec 14, 2017

Canadian grocer Sobeys has reported a second-quarter loss of USD18.4 million. Adjusted second-quarter net income more than doubled to USD57.6 million and sales rose about 1.6% to USD4.7 billion. 

Ebay Signs Agreement to Acquire Terapeak

Thursday, Dec 14, 2017

EBAY announced that it has signed an agreement to acquire Terapeak, a Toronto-based company that uses supply, demand and pricing data to help e-commerce sellers know what to sell, when to sell it and at what price on marketplaces such as eBay.

Aeon Sees Localisation and Online as Key to Medium-Term Growth

Thursday, Dec 14, 2017

Japan-based mall operator Aeon has expanded its annual consolidated sales target to JPY10 trillion and operating profit target of JPY340 billion over the next three years. The profit target constitutes an increase of 80% over the company’s most ...more

ICA Gruppen Pursuing Urban E-grocery Distribution Sites

Thursday, Dec 14, 2017

Ahead of its Capital Markets Day today, ICA has released an announcement detailing its strategies, view of the market and investments.  Additionally, it will detail its capex budget for 2018.


Ahold Delhaize to Close AH to Go German Stores Early Next Year

Thursday, Dec 14, 2017

Dutch supermarket chain Albert Heijn is to exit Germany, joining a long list of failed attempts to access the market by the likes of Walmart, Intermarche and Marks & Spencer. 

Soriana Enters The Gas Station Business

Wednesday, Dec 13, 2017

Soriana has opened its first gas station of its own brand in the El Paseo shopping center, located in the capital of San Luis Potosí. The Soriana Gas service station is located in the parking lot of one of its supermarkets, as other chains do in ...more

Inditex Testing CleverFlex Pickup Machines At Zara Stores

Wednesday, Dec 13, 2017

Apparel giant Zara is testing automated pickup machines similar to Walmart’s collection towers. The Inditex-owned banner now features self-service kiosks that allow shoppers to retrieve online orders. Two machines are being tested at a store in ...more

L’Occitane Turns To Salesforce To Expand Ecommerce Options

Wednesday, Dec 13, 2017

L’Occitane has chosen Salesforce Commerce Cloud as its global ecommerce platform. The beauty specialist has replaced its existing in-house ecommerce system with Commerce Cloud’s multi-site, multi-language and multi-currency ecommerce ...more

Inditex Maintains Impressive Sales Growth Though 9M

Wednesday, Dec 13, 2017

Inditex has recorded steady profit growth and rising net sales in the first nine months of its financial year. EBITDA grew 6% YoY to EUR3.82 billion in the nine months to 31 October. Net profit rose to EUR2.34 billion. Gross profit increased by ...more

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