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Future Group Acquires HyperCity

Friday, Oct 6, 2017

Future Group announced that it has acquired HyperCity for INR6550 million (USD121.3 million) from Shoppers Stop Ltd on 5 October 2017. HyperCity operates 0.12 million sq m (1.24 million sq ft) of retail space.

Ahold Delhaize Reaffirms Customer Service Promise at Giant Food and Martin's Food

Friday, Oct 6, 2017

Ahold Delhaize-operated chains Giant Food Stores and Martin’s Food Markets have extended a promise of better customer service at both the deli counter and checkout.


Amazon US Begins Testing Its Own Delivery Service

Thursday, Oct 5, 2017

Press reports say Amazon is trialling a proprietary delivery service in the US. The move will see the e-tailer perform roles currently handled by delivery partners like UPS and FedEx. Sources say the project is codenamed Seller Flex and is ...more

Pick n Pay Upgrades Shopping Site To Work With Its Mobile App

Thursday, Oct 5, 2017

South African grocer Pick n Pay has launched a new version of its shopping website. The new platform is designed to integrate seamlessly with the retailer’s mobile app. It features enhanced search and navigation, improved product information, ...more

Walmart-Google Partnership Gets Launch Boost From New Devices

Thursday, Oct 5, 2017

After announcing a partnership with Google and the subsequent introduction of Walmart ranges to the Google Assistant platform, the tech giant is now rolling out a new, affordable range of Google Home devices. Prices on the range start at just ...more

Aeon Sees H1 Profits Climb Despite Doubts Over Strategy

Thursday, Oct 5, 2017

Japanese big-box operator Aeon has reported record earnings for its half-year period, with operating profit coming out at JPY85 billion (USD753 million), up 18% from the year-ago period. For the full year, the company is forecasting a JPY200 ...more

Sears Canada May Begin Liquidation at the End of October

Thursday, Oct 5, 2017

Sears Canada could begin a full liquidation of the business as soon as Oct. 19 as time runs out on an offer from executive chairman Brandon Stranzl.


Pizza Hut and Telepizza to Enter into a Strategic Partnership in Latin America

Thursday, Oct 5, 2017

Spanish firm Telepizza and Pizza Hut are in talks with the purpose of entering into an alliance to take advantage of operational and financial synergies, in areas where one can help the other grow. 

McKesson Canada Names New President of Payer Markets

Thursday, Oct 5, 2017

McKesson Canada has announced the appointment of Dianne Carmichael as president payer markets and head of corporate strategy and business development. Carmichael will be responsible for developing and executing McKesson Canada’s payer market ...more

X5 Retail Expands in Siberia

Thursday, Oct 5, 2017

X5 has announced that it is expanding in the Siberian Federal District, after first launching its operations in the region in August 2016. The retailer has opened five new Pyaterochka stores in the city of Barnaul, with a selling area of 2,100 ...more

Dixon's Carphone Ramps Up POS Marketing Capabilities

Thursday, Oct 5, 2017

Dixon’s Carphone has entered a five-year contract with POS marketing specialist Ecrebo to upgrade capabilities of its point of sale coupon programme. The retailer implemented Ecrebo’s Message at Till solution across all of its megastores. 

Amazon France Deals Remain in the Spotlight

Thursday, Oct 5, 2017

The past week has seen intense speculation in the European trade press that Amazon is seeking to either partner with or even acquire a major retailer in France. This began with a  piece in a French paper that suggested Amazon might want to buy ...more

Amazon Alexa-Connected Devices Coming To India And Japan

Wednesday, Oct 4, 2017

Amazon has announced it will begin selling Echo, Echo Plus, and Echo Dot in India from 30 October. Japanese versions of the devices will become available later this year. The e-tailer is also making its expanded Alexa Skills developer suite ...more

Tesco In Confident Mood After Strong H1

Wednesday, Oct 4, 2017

UK retailer Tesco delivered impressive H1 results this morning. Group sales were up 3.3% to GBP25.2 billion for the half year, while group operating margin rose from 2.2% to 2.7%. Tesco believes it is on course to achieve the 3.5 to 4% margin ...more

Sprouts Farmers Market Plans More Store Openings For 2018

Wednesday, Oct 4, 2017

Sprouts Farmers Market announced it will open nine stores during the first three months of 2018, including three in Arizona and its first in the northeastern United States. Two of the other stores are in New Mexico, plus one each in California, ...more

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