RetailNow

Showing 46 – 60 of 42898

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.

Walmart US to test autonomous delivery with Ford

Thursday, Nov 15, 2018

Walmart has partnered with Ford to test the delivery of grocery products using self-driving vehicles. The pilot project ...more

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

JD.com claims Singles’ Day success with O2O strategy

Wednesday, Nov 14, 2018

JD.com delivered sales of CNY159.8 billion (USD23 billion) for its own Singles’ Day promotion from 1-11 November and said its O2O physical retail partners helped push much of the growth.

X5 Retail Group plans expansion in Siberia

Wednesday, Nov 14, 2018

Russian grocery retailer X5 Retail Group intends to increase the presence of its main Pyaterochka retail chain in Siberia one and a half times in 2019, said Ekaterina Poduto, head of the commercial department of the local branch of the chain. It ...more

Shufersal to automate checkout across 272 Israeli stores

Wednesday, Nov 14, 2018

Israeli supermarket chain Shufersal is rolling out a seamless shopping experience to all of its 272 stores. The retailer has signed an agreement to install Trigo Vision’s advanced automated retail platform chainwide.

Alibaba expands into home furnishing with USD25 million investment

Wednesday, Nov 14, 2018

Alibaba has invested USD25 million in the home decoration service platform Shengong007 in China. Specializing in providing offline services for installing, maintaining, and refurbishing furniture, the platform claims to have 50,00 registered ...more

O’Key revenue declines 10.7% in Q3 2018

Wednesday, Nov 14, 2018

Russian grocer O'Key has posted a 3.5% decline in like-for-like group revenue in the first nine months of its financial year, driven by a 2.4% decline in like-for-like traffic, and a 1.2% decline in the average basket size. Reported organic net ...more

Ahold Delhaize Mega Image introduces loyalty card

Wednesday, Nov 14, 2018

Mega Image, a division of Ahold Delhaize, has launched the CONNECT loyalty card in Romania. It is a personalised loyalty programme for shoppers of Mega Image, Shop & Go and its online offshoots.

Walmart’s Flipkart CEO resigns over misconduct allegations

Wednesday, Nov 14, 2018

Walmart-owned Flipkart's CEO Binny Bansal has stepped down, effective immediately, according to a statement on Walmart and Flipkart’s corporate site. Walmart stated that “recent events risked becoming a distraction and Binny has made a decision ...more

Amazon selects New York City, Northern Virginia for new headquarters

Wednesday, Nov 14, 2018

Amazon announced it has selected New York City and Arlington, Virginia, as the locations for the company’s new headquarters. Amazon will invest USD5 billion and create more than 50,000 jobs across the two new headquarters locations, with more ...more

Showing 46 – 60 of 42898