RetailNow

Showing 31 – 45 of 42896

IKEA to open first Japanese city-center store in 2020

Friday, Nov 16, 2018

IKEA has announced plans to launch its first city-center store in Japan, targeting mainly young shoppers and foreign tourists. The new store will be about 10% the size of existing Ikea stores, which are found outside city centers in Japan.

Spar South Africa reports 5.9% growth, driven by European sales

Friday, Nov 16, 2018

Spar South Africa has reported an unaudited rise of 5.9% in turnover to ZAR101 billion (USD7.6billion) for the full-year period. In its Southern African operations, wholesale turnover was up 6.7%, boosted by the acquisition of pharmacy business S ...more

Yandex to offer WeChat Pay in Russia

Friday, Nov 16, 2018


Russian payment platform Yandex.Checkout has integrated WeChat Pay into its services, targeting merchants and providing a familiar payment option to Chinese tourists visiting the country.  The company is one of the first to introduce ...more

Walmart US’ ecommerce growth accelerates in Q3

Friday, Nov 16, 2018

Walmart US ecommerce sales grew by 43% in Q3 thanks to the strong performance of home delivery and ...more

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

Showing 31 – 45 of 42896