Lidl owner Schwarz Group has reported 7.4% growth in 2017, to reach a net sales value of EUR96.9 billion. Like Lidl, many retailers within the discount channel have created strong growth through physical ...more
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Walgreens launched a new store concept with lower SKU counts by at least 20%, as well as lower everyday pricing and new services like FedEx, LabCorp, and Sprint Express. The format is being tested in 17 locations in the Gainesville, Florida area. The Gainesville stores also feature a subscription offering called Walgreens Plus, where customers can pay an annual USD20 fee in exchange for a 20% discount across almost all products in the store, including products on sale, a 60% discount on cash-paid generic prescription prices and the option of free, same-day prescription delivery through Walgreens.com.
China’s second-largest ecommerce specialist, JD.com has invested USD306 million in pan-Asian real estate company e-Shang Redwood (ESR) on Tuesday, in a move that will expand its reach across Asia’s fast growing online retail ...more
Consumer electronics retailers MediaMarktSaturn and Fnac Darty have entered into a buying partnership.
Walmart has called time on its Scan & Go trial, just weeks after it expanded the trial to an additional 120 stores. The company attributed the decision to “low participation” by shoppers.
Southeastern Grocers and Tops Friendly Markets have received federal bankruptcy court approval to proceed with their separate restructuring plans.
Central Watson Co, the operator of Watsons health and beauty stores, has vowed to allocate THB600 million this year to expand its business in Thailand.
HBC has named Vanessa LeFebvre as President of Lord & Taylor.
Auchan Russia is looking to change its business model, moving away from positioning itself as a low price network.
Amazon is understood to have held talks with both Tesco and Sainsbury’s on separate occasions, according to the Press Association.
Jeronimo Martins’ Polish discount banner Biedronka is to work with Danish logistics specialist SwipBox to install automated parcel collection lockers across its store network.
Germany's Metro AG posted a Q2 loss, as negative currency effects and a difficult business environment in Russia hit both sales and earnings.
Target is testing a new distribution strategy aimed at cutting down its replenishment cycle from days to hours while reducing overall inventory at stores, especially at small-format ones.
Troubled US department store chain Sears has formed a special committee to explore the sale of certain assets.
After rumours of six new Amazon Go locations emerged earlier this year, plans to open a further two sites in Chicago and San Francisco have reportedly been confirmed by the ecommerce giant, according to CNN.
Amazon is reportedly testing a new tool that allows sellers on its platform to retarget consumers with follow-on marketing during their web browsing.
Walgreens - Gainesville, Florida - May 2018
Brandless - Los Angeles, California - May 2018
Nordstrom - New York City, New York - Apr 2018
CVS - Boston, Massachusetts - Apr 2018
Wawa - Washington DC, Washington - Mar 2018
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