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Aeon Sets Sights On 100 ‘Senior-Friendly’ Stores By 2025

Monday, Aug 14, 2017

In Japan, Aeon is looking to roll out existing trials of ‘senior-friendly’ hypermarkets. This is an attempt to capture an increased share of a growing consumer segment and boost flagging sales. Aeon's General Merchandise Store division, which [...more]

Aldi To Partner With Instacart For Home Delivery Trial

Monday, Aug 14, 2017

Aldi’s US division revealed yesterday it is to partner with intermediary Instacart to trial grocery home delivery in three cities. The pilot will begin at the end of the month in Los Angeles, Atlanta and Dallas.

Seven & I To Develop Hydrogen-Powered Truck Fleet For Japan

Monday, Aug 14, 2017

Seven-Eleven Japan is working with Toyota Motor on a sustainable truck fleet. The hydrogen-powered trucks will deliver from DCs to the 20,000 7-Eleven outlets in the market. The companies plan to begin testing from 2019. SEJ has about 5,800 [...more]

New KFC Owner Seeks to Double Outlets in South Korea by 2023

Monday, Aug 14, 2017

KFC Korea, the local operation of American fried chicken brand KFC that was acquired by farming chemical conglomerate KG Group earlier this year, is set to more than double the number of outlets in South Korea over the next six years. [...more]

Convenience Retail Asia Posts Profit Rise For Interim Period

Monday, Aug 14, 2017

CRA generated turnover of HKD2.34 billion, 3.4% higher than the same period in 2015, which was mainly attributed to higher comparable store sales despite tough market conditions.

Auchan Looks Ready For the Chinese Online Grocery Battle To Come

Monday, Aug 14, 2017

Auchan’s Chinese partner Sun Art Retail saw H1 same-store sales dip by 0.9% from 0.3% a year ago. Profit was up to CNY1.76 billion from CNY1.43 billion in H1 2016. This largely stemmed from income from unused prepaid cards.

JD.Com Enters Into Strategic Partnership With Baidu

Monday, Aug 14, 2017

Chinese e-tailer JD.com is teaming with the country’s leading search engine. The agreement will see the partners develop marketing strategies to increase conversion rates. Mobile Baidu will give JD.com “first-level” access points to the millions [...more]

Lojas Americanas Reports Increase In Profit In Q2

Monday, Aug 14, 2017

Lojas Americanas reported a net profit of BRL62.7 million in the second quarter of this year, up 23.9% from the same period last year. In the first half of 2017, the company’s net revenue was of BRL4.8 billion, an increase of 5.1% in relation to [...more]

Sephora Encourages P2P Shopper Interaction With Debut of Beauty Insider Community

Monday, Aug 14, 2017

Beauty specialist Sephora has launched a new platform called the Beauty Insider Community. This is designed to drive communication between the brand’s fans. The platform is now live on Sephora’s app and website. Additional features will be added [...more]

PetSmart CEO Steps Down After Overseeing Online Expansion

Monday, Aug 14, 2017

Having steered the business through a headline M&A, PetSmart CEO Michael J Massey is to exit the specialty pet retailer. Massey has led the company for two years. He joined after the business went private following a buyout by BC Partners. His [...more]

JD.Com Sees Infrastructure Investments Take Toll On Q2 Profits

Monday, Aug 14, 2017

Ongoing logistics investments meant JD.com swung to a loss in Q2 2017. China’s #2 ranked online giant posted a CNY496 million (USD71.9 million) revenue shortfall for the period. This wiped out the CNY239 million profit it delivered in Q1, and was [...more]

Target Buys Transportation Technology Specialist Grand Junction

Monday, Aug 14, 2017

Target has agreed to acquire Grand Junction, a transportation technology company. The purchase is designed to improve and extend the retailer’s delivery capabilities. San Francisco-based Grand Junction operates a software platform used by [...more]

Southeastern Grocers Announces New CEO Hire

Friday, Aug 11, 2017

Southeastern Grocers Interim CEO and president Anthony Hucker has been appointed to the position permanently, effective immediately. 

JC Penney Loss Increases in Q2

Friday, Aug 11, 2017

JC Penney’s reported results today were worse than expected, sending the retailer’s stock plummeting. 


Asda Announces Potential Layoffs as 3,000 Jobs Come Under Review

Friday, Aug 11, 2017

Walmart-owned Asda in the UK has commissioned a review of over 3000 staff roles at 18 stores in an effort to streamline operations. 


Showing 46 – 60 of 42443