RetailNow

Showing 76 – 90 of 45054

Coles reformats 200 stores around convenience

Monday, May 13, 2019

Coles is ramping up its convenience strategy, with a plan to grow sales on the back of “food-for-now” and “food-for-later” products. As part of this strategy, the brand will convert around 200 Coles supermarkets to a more premium, ...more

Albert Heijn, Hema reveal locations for co-branded outlets

Monday, May 13, 2019

Albert Heijn and Hema will open their first joint venture pilot stores in autumn 2019. The retailers will begin their combined proposition to shoppers with two experimental stores located in Oudegracht, Utrecht and Beursplein, Rotterdam. The Hema ...more

Schwarz Group Lidl inaugurates first DC in Eastern Romania

Monday, May 13, 2019

Schwarz Group’s discount banner Lidl opened its first logistics center in Eastern Romania, near Roman, on 1 May 2019. The 45,000 sq m DC is located in the Cordun commune area and will service 50 outlets in the Moldova region, streamlining the ...more

Eurocash Q1 revenues up 10%

Monday, May 13, 2019

Polish retailer and wholesaler Eurocash has posted revenues of PLN5.48 billion (EUR1.28 billion) in the first quarter of 2019, a 10% increase on the same period last year. Retail sales totaled PLN1.33 billion (EUR294 million) for the period, of ...more

Reliance Retail acquires Hamleys

Monday, May 13, 2019

Reliance Retail has agreed to purchase British toy store chain Hamleys from C Banner International Holdings for USD88.5 million. Reliance Retail’s marquee label operator Reliance Brands is the India master franchisee for Hamleys.

Hamleys ...more

Coop Sweden acquires Netto's Swedish stores

Monday, May 13, 2019

Coop, through Coop Butiker & Stormarknader AB, has signed an agreement to acquire Netto's Swedish stores. The deal includes 163 stores, which will eventually be converted to Coop's new store format. The seller is Salling Group which operates ...more

Walmart to raise tobacco purchasing age to 21

Friday, May 10, 2019

Walmart in the US is raising the minimum age to buy tobacco and e-cigarettes at its Walmart and Sam’s Club stores to 21, with effect from 1 July ...more

Schwarz Group Lidl launches food ecommerce in Madrid

Friday, May 10, 2019

Schwarz Group Lidl’s venture into grocery ecommerce is continuing apace with the launch of a delivery service in the Spanish capital of Madrid. The discounter has partnered with intermediary Lola Market for the service, which will cover both ...more

Morrisons eyes closer Amazon ties after loosening Ocado deal

Friday, May 10, 2019

Morrisons is eyeing a closer relationship with Amazon and takeaway delivery firms such as Deliveroo and Uber Eats after loosening its agreement with online retailer Ocado.

Morrisons said that in exchange for relaxing its exclusivity clauses ...more

Metro in exclusive talks to sell Real Hypermarkets to Redos

Friday, May 10, 2019

Metro is in exclusive talks to sell its Real hypermarkets to a consortium led by real estate investor Redos, the German retailer has said, adding it was taking a EUR385 million impairment charge on the loss-making chain.

The framework ...more

Sobeys unveils grocery delivery service

Friday, May 10, 2019

Through its partnership with UK e-grocer Ocado, Sobeys plans to launch an online grocery delivery service called Voilà next year and build a second automated warehouse for fulfillment. The retailer’s initial home delivery offering, Voilà by ...more

Casino considers combining Latin American assets

Friday, May 10, 2019

Casino has said that it is studying various strategic options for a combination of its Latin American assets, but that it doesn't justify a market disclosure.

The French retailer said that it 'studies its various strategic options in this ...more

Pinduoduo invests to shore up Shanghai heritage brands

Friday, May 10, 2019

Chinese social ecommerce specialist Pinduoduo will invest CNY1.5 billion (USD0.2 billion) to boost the profile of 100 heritage Shanghai brands that have seen declining sales in recent years, in response to a municipal government initiative to ...more

Amazon China offers loans to local merchants

Friday, May 10, 2019

Having only recently closed its 1P China operation, Amazon has inaugurated what it calls the Lending Referral Program, targeting Chinese SMEs doing business through its platform with short-terms loans to help them expand their business and grow ...more

JD.com shutters Australian branch office

Friday, May 10, 2019

Chinese ecommerce giant JD.com has closed its Australian branch office in Melbourne less than two years after it first opened. The move was seen at the time as a way to build better links between Australian and New Zealand suppliers and the China ...more

Showing 76 – 90 of 45054