RetailNow

Showing 1 – 15 of 45083

Carrefour Middle East franchise partner acquires Saudi e-grocer

Tuesday, May 21, 2019

Carrefour’s Middle East franchise partner MAF has acquired Saudi online grocery delivery platform Wadi.com, buying out the ...more

Pinduoduo operating losses rise 738% in Q1

Tuesday, May 21, 2019

Pinduoduo has announced that its revenue has more than tripled in Q1 2019 while operating losses have surged by an alarming 738% to CNY2.12 billion (USD 312 million). Gross merchandise volume, was up by 180% in the 12 months ending March 2019 to ...more

Schwarz Group Lidl details plans to open 25 new US stores

Tuesday, May 21, 2019

As part of its ongoing expansion along the East Coast, Lidl US - part of Schwarz Group - has announced plans to open 25 new stores in Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, and Virginia by spring of 2020. By ...more

Amazon Pay debuts Alexa delivery notifications in the US

Tuesday, May 21, 2019

Amazon US has announced the launch of Alexa delivery notifications for all merchants via Amazon Pay. Amazon Pay merchants can now integrate voice into their ecommerce offerings with Alexa’s delivery notifications capability.

This offers ...more

Walmart Jet.com expands Asian food offerings

Tuesday, May 21, 2019

Walmart’s Jet.com has teamed up with the US’ largest Asian grocer, H Mart, to expand its Asian food offerings with popular items like Pocky snacks, kimchi and instant noodles. With 65 stores nationwide and a comprehensive grocery offering online, ...more

Albert Heijn tests AI-driven dynamic discounts

Tuesday, May 21, 2019

Dutch supermarket chain Albert Heijn is debuting an artificial intelligence-driven method of calculating at-shelf discounts on products nearing their expiry date. An algorithm automatically applies various scales of discount depending on how ...more

Morrisons to roll out plastic-free fruit & veg aisles in 60 stores

Tuesday, May 21, 2019

Morrisons is set to roll out plastic-free fruit and veg areas across its stores in the UK.  Sixty outlets will take part in the chain's new 'buy bagless' scheme in which shoppers can buy 127 varieties of fruit and veg loose or pack them in ...more

Target's Goodfellow private label moves into men's grooming

Tuesday, May 21, 2019

Target has announced that its men's Goodfellow brand would be expanding to include grooming products after a year of testing. The grooming line launched in stores and online 19 May. The brand includes more than 30 products, ranging from beard, ...more

Coles Group launches new private label wellness range

Tuesday, May 21, 2019

As it dramatically reorganizes both its store estate and its offer to shoppers, Australia’s Coles has introduced a new private label to capture shoppers seeking to eat more healthily while managing their budget. The Wellness Road superfoods label ...more

Fortenova Group hails 75% cut in losses for FY2018

Tuesday, May 21, 2019

Croatian food and retail consortium Fortenova Group, formerly known as Agrokor experienced another tough trading year, with retail and wholesale sales revenue down 3.9% YoY to HRK29 billion (USD4.5 billion). However, food sales showed a 3% profit ...more

Lowe’s strengthens tech focus with retail analytics acquisition

Tuesday, May 21, 2019

To sharpen its focus on retail technology, Lowe’s is acquiring Boomerang Commerce’s Retail Analytics platform. The technology will strengthen data-driven pricing and merchandise assortment decisions across the company’s businesses. The platform ...more

Alfamart prioritizes Indonesian organic and digital growth for 2019

Tuesday, May 21, 2019

Indonesian minimart giant Alfamart delivered a 67% profit gain in Q1 2019 as managed store revenue reached IDR16.72 trillion (USD1.1 billion), a 14% uptick. Food sales amounted to IDR12.35 trillion (USD818 million). Non-food sales were slightly ...more

Kohl’s expands online assortment of sports gear

Tuesday, May 21, 2019

Kohl’s has signed a long-term deal with Fanatics to sell a wide selection of items from the licensed sports retailer - NFL jerseys, NBA T-shirts and more - on Kohls.com, starting this fall.

The partnership will make Fanatics the exclusive ...more

SpartanNash retail sales grow 23.9% in Q1 2019

Tuesday, May 21, 2019

SpartanNash has reported financial results for the 16-week first quarter ended 20 April 2019. Net sales for retail increased USD135.6 million, or 23.9%, to USD701.8 million from USD566.2 million in the prior-year quarter. Excluding the ...more

IKEA India acquires stake in home design start-up

Tuesday, May 21, 2019

Swedish furniture behemoth IKEA has made a minority investment in Goldman Sachs and TPG Growth-backed Indian startup Livspace, which helps consumers manage home renovations and interior design. Livspace will deploy its newly raised funds across ...more

Showing 1 – 15 of 45083