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Metro, Target kickoff first international Techstars accelerator

Tuesday, May 7, 2019

Metro partnered with Target in December 2018 to hold the fourth year of Target Techstars retail accelerator, Target’s accelerator program. The programme invites retail-specific tech startups worldwide to apply for a chance to relocate to Berlin ...more

SPAR Italy announces 3.5% growth in FY 2018

Tuesday, May 7, 2019

SPAR Italy recorded sales of EUR3.5 billion in 2018, a growth of 3.5% year-on-year. In 2018, the retailer opened 29 new SPAR stores, bringing the store count to 1,244. In 2019, the retailer plans to open 50 new stores and renovate 36 with a total ...more

Starbucks, Microsoft partner to improve omnichannel customer experience

Tuesday, May 7, 2019

In partnership with Microsoft, Starbucks is deploying a range of technologies with the goal of providing a more personalized and frictionless customer experience. Among several initiatives, the retailer is upgrading its mobile app, based on ...more

Weis Markets reports comparable sales growth of 1.4% in Q1 2019

Tuesday, May 7, 2019

Weis Markets has reported its Q1 2019 results for the period ended 30 March 2019. Net sales increased by 0.1% to USD 876.7 million while comparable sales grew by 1.4%. Net income dropped by 11.7% to USD 14.3 million compared to USD 16.2 million ...more

Hudson’s Bay to review strategic alternatives for Lord & Taylor

Tuesday, May 7, 2019

Hudson's Bay, which runs North American retailers Saks Fifth Avenue, Hudson's Bay and Lord & Taylor has said that it is exploring strategic alternatives for its Lord & Taylor brand, including a possible sale or merger. Department store, Lord & ...more

Amazon can ship to 72% of US population within a day

Monday, May 6, 2019

Amazon is already capable of providing same-day and one-day delivery to 72% of the US population, according to research ...more

Kroger to pour USD97 million into renovations, new stores

Monday, May 6, 2019

Kroger has announced plans to invest USD97 million in Michigan, US throughout 2019. The retailer is planning to open a 124,000 sq ft superstore and fuel center, as well as a 103,000 sq ft store in Michigan. The planned superstore entails a total ...more

Carrefour plans 3,000 job cuts in French hypermarkets

Monday, May 6, 2019

Carrefour plans to axe 3,000 jobs at its large hypermarket stores in France through a voluntary scheme. The French retailer, which is aiming to boost sales and profits, previously aimed to cut about 1,230 jobs. Carrefour aims to sign an agreement ...more

dm Germany tests in-store fulfilment for click & collect

Monday, May 6, 2019

Drugstore operator dm is exploring click & collect service in some stores. The retailer is testing the picking of items ordered online in about 20 stores in Germany. Customers can order goods online from dm for home delivery or can opt for ...more

Dia Argentina invests USD70 million for new DC

Monday, May 6, 2019

Dia has inaugurated a new DC in Tortuguitas, Argentina with an investment of USD70 million which will serve 134 stores. The new centre is spread over 25,000 sq m and will enhance the retailer’s logistics capacity, enabling more frequent ...more

Google tests YouTube shopping feature

Monday, May 6, 2019

Google is testing a feature on its YouTube platform that shows products and prices under videos playing on the site. Clicking on the product takes the viewer to the Google Express marketplace where they can make a purchase.

UK government opens door to Apple Pay and Google Pay

Monday, May 6, 2019

The UK government now supports Apple Pay and Google Pay for a handful of online services as part of a trial. The services currently primarily include travel. People can use their mobile devices to quickly pay for Global Entry (fast-tracking entry ...more

Maxima announces plan to invest EUR10 million in solar power plants

Monday, May 6, 2019

Lithuanian retailer Maxima Grupe has announced plans to invest more than EUR10 million in the construction of solar power plants across the Baltics over the next 5 years. The solar power plants will have the capacity to generate up to 2 megawatts ...more

ICA Gruppen to launch express deliveries of prepared meals

Monday, May 6, 2019

Swedish grocer ICA Gruppen has announced plans to launch express deliveries of prepared meal solutions combined with groceries. This autumn in the first step of the launch, the service will be offered by a dozen or so stores in Sweden. The new ...more

ICA Gruppen reports 3.4% net sales growth in Q1 2019

Monday, May 6, 2019

ICA Gruppen has announced consolidated net sales growth of 3.4% to SEK28, 098 million in Q1 2019. Profit for the period was SEK 813 million. ICA stated that performance in the quarter was a marked improvement on the previous year despite negative ...more

Showing 136 – 150 of 45054