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Showing 1 – 15 of 42860

Carrefour Italy enables mobile payments

Thursday, Nov 15, 2018

Carrefour has introduced a smartphone-based, digital payment service across all direct points of sale under its banners in Italy. The service has been enabled by money transfer service - Jiffy - in collaboration with financial services provider ...more

Casino Brazil partners with meal kit provider Cheftime

Thursday, Nov 15, 2018

Casino Brazil’s retail and distribution group, Companhia Brasileira de Distribuição (CBD), is entering into a strategic alliance with Cheftime, a food tech startup that offers an online subscription service and sells individual recipe kits. The ...more

Sonae posts profitable growth for Q3

Thursday, Nov 15, 2018

Portuguese retail group Sonae's turnover increased 7% to USD4,946 million, with a growth of all business units in the first nine months of 2018. Underlying EBITDA increased 3.5% to USD272 million. Net income grew 50% to USD233 million driven by a ...more

Loblaw reports 0.8% sales rise in Q3 2018

Thursday, Nov 15, 2018

Canadian grocer and drugstore chain operator Loblaw has reported financial results for the 16-weeks ended on October 6, 2018. Total revenue increased 1.8% to CAD14,453 million (USD11,021 million). Food retail sales increased 0.3% to CAD10,272 ...more

Maxima reveals major expansion plan for 2019

Thursday, Nov 15, 2018

Lithuania-based Maxima plans to open 120-140 new stores in its operational markets during 2019. The majority will be in Poland, where it recently acquired the Stokrotka supermarket chain, although new T-Market stores are planned for Bulgaria and ...more

Falabella Q3 revenue boost from strong online growth

Thursday, Nov 15, 2018

Chilean retailer Falabella has reported a 3.9% revenue growth to USD3,328 million in the third quarter. Consolidated revenue growth was mainly due to 5.7% increase in home improvement in Chile, 13.8% supermarkets in Peru, 21.6% in department ...more

Fnac Darty opens small-size O2O format in Paris

Thursday, Nov 15, 2018

Electronics retailer Fnac Darty has opened an 80 square metre store in Paris - named Darty City or Darty Express - with a focus on integrating their physical and digital offers. Although the store is much smaller than the average store size, it ...more

Amazon opens 'Loft for Xmas' pop-ups across Europe

Thursday, Nov 15, 2018


After opening its first pop-up store in London last month, Amazon has announced similar plans in several other European cities. Named “Amazon Loft for Christmas”, the pop-ups are set to run from 6-26 November in Milan, Paris, Madrid, ...more

Yum! Brands KFC and Pizza Hut plan Malaysian store boost

Thursday, Nov 15, 2018

Yum! Brands-owned KFC and Pizza Hut Malaysia franchise holder QSR Brands is planning to open at least 67 new stores over the next three years. The retailer is also working on a collaboration with oil company Petronas to open 50 drive-thru KFCs at ...more

C&A plans Mexican expansion with new store format

Thursday, Nov 15, 2018


The clothing chain C&A plans to expand in Mexico and reach approximately 100 stores in the country by 2021 -majorly via new openings and store remodels under its new Fashion Market concept. In 2018, the retailer will have a total of ...more

Macy’s reports strong Q3 2018 earnings

Thursday, Nov 15, 2018

Macy’s reported results for the third quarter of 2018 and provided updated annual sales and earnings guidance for fiscal 2018. Revenue rose to USD5.40 billion from USD 5.28 billion in the previous year. Total same-store sales rose 3.3%. Higher ...more

Yoox Net-a-Porter launches AI-guided private label clothing line

Thursday, Nov 15, 2018

Online apparel retailer Yoox Net-a-Porter has launched a new private label clothing line that leverages Artificial Intelligence (AI) to inform its designs.The new line, called 8 by Yoox, is Yoox’s first private-label brand.

Petco to stop selling products with artificial ingredients

Thursday, Nov 15, 2018

Petco will stop selling food and treats containing artificial colors, flavours, and preservatives for dogs and cats by May 2019. The retailer will remove food and treats with artificial ingredients from stores and online starting January 2019.

Carrefour Belgium, Provera Belux enter into a purchasing alliance

Wednesday, Nov 14, 2018

Carrefour Belgium and the Provera Belux central buying office have announced that they have entered into an agreement for jointly purchasing products for Belgium and Luxembourg. This partnership currently concerns the 140 main suppliers, mainly ...more

Jerónimo Martins Ara receives funding to expand in Colombia

Wednesday, Nov 14, 2018

Financiera Internacional, a subsidiary of the World Bank, will grant a loan of USD93 Million to Jerónimo Martins to continue expanding its Ara discount stores. Jerónimo Martins, announced that it will use this amount to open more stores in the ...more

Showing 1 – 15 of 42860