RetailNow

Showing 76 – 90 of 42057

Walmart Bonobos CEO Expected to Resign

Thursday, Sep 20, 2018

CEO of online fashion retailer Bonobos, Andy Dunn maybe stepping down as the clothing retailer’s CEO. Micky Onvural, the current co-president and chief marketing officer of Bonobos is to replace him. Bonobos was acquired by Walmart in July ...more

Ceconomy Cuts Down its Profit Outlook for FY 2017-18

Thursday, Sep 20, 2018

European consumer electronics retailer Ceconomy reduced its profit goals for the 2017/18 financial year, citing poor trading and an unusually hot summer resulting in consumers moving away from shopping in its stores. Ceconomy might also take ...more

Alibaba Group Alipay to Launch in Serbia by End of 2018

Thursday, Sep 20, 2018

Chinese e-commerce giant Alibaba plans to launch its Alipay platform in Serbia by the end of 2018 as per the Serbian trade ministry. Alibaba also plans to promote Serbia as a tourist destination through its Fliggy platform. The promotion of ...more

Alibaba Group Announces Chipmaking Subsidiary

Thursday, Sep 20, 2018

Chinese internet giant Alibaba is doubling down on its chip manufacturing with a dedicated subsidiary called Pingtouge and will launch its first AI inference chip in the second half of 2019. The new subsidiary is being formed by the Alibaba’s ...more

Amazon Tests Machine Learning Based Visual Recommendation Tool

Thursday, Sep 20, 2018

Amazon is experimenting with a new tool called Scout designed to help shoppers better figure out what they want to buy in a more visual fashion. Using a combination of imagery, a thumbs up and downvoting mechanism, and machine learning ...more

Amazon-Samara Acquires Aditya Birla's More Retail Chain

Thursday, Sep 20, 2018

Amazon and Samara Capital have signed a deal to acquire Aditya Birla Group’s food and grocery retail chain, More, for INR42 billion.


Starbucks Begins Online Delivery via Alibaba's Ele.me in China

Thursday, Sep 20, 2018

Starbuck’s official online delivery store was launched on Alibaba’s Ele.me this week, 48 days after Alibaba and Starbucks’s official announcement to cooperate on last mile ...more

JD.com Launches China's First Blockchain Business Product

Thursday, Sep 20, 2018

Zhizhen Blockchain, the open blockchain platform of China’s e-commerce giant JD.com, launched the country’s first blockchain business license with the Administration for Industry and Commerce of Suqian, China. The blockchain business license will ...more

Amazon Launches First Innovation Hub in Asia

Thursday, Sep 20, 2018

Amazon has revealed its first permanent office in Tokyo dedicated to helping startups and entrepreneurs develop cutting-edge digital-based businesses through the IT giant’s cloud services, as part of its strategy to further expand its operations ...more

Tesco Launches Discount-style Concept Jack's

Thursday, Sep 20, 2018

UK retailer Tesco opens the first of its new Jack’s grocery stores today after revealing the brand identity and store concept. The second store is set to open in the coming week. Tesco has planned around 10-15 store openings, next to the existing ...more

Carrefour Digital Head to Lead French Hypermarket Business

Wednesday, Sep 19, 2018

Carrefour has appointed its digital head to lead its French hypermarket business, signalling the company’s efforts to transform its largest and structurally pressured channel. Marie Cheval, Executive Director for E-Commerce, Services and Digital ...more

Flipkart Gets USD500 Million Investment from Singapore Entity

Wednesday, Sep 19, 2018

Flipkart has received a capital infusion of over INR34.62 billion from Flipkart Marketplace, Singapore, as per regulatory documents. The fund infusion will be in two tranches and will provide more ammunition to Flipkart, which is locked in an ...more

Amazon Launches Amazon Pay EMI in India

Wednesday, Sep 19, 2018

Amazon is starting off Amazon Pay EMI for its ecommerce customers in India mainly to target consumers who do not have a credit card and cannot access EMIs on debit cards. To this end Amazon has partnered with Bengaluru-based digital lending ...more

Sainsbury's-Asda Deal Faces Further Investigation

Wednesday, Sep 19, 2018

The GBP15bn merger between supermarkets Sainsbury's and Asda is to be subjected to an in-depth competition investigation, it has been announced. The Competition and Markets Authority said the deal 'raises sufficient concerns to be referred for a ...more

Aldi Expands Instacart Partnership to the Whole of US

Wednesday, Sep 19, 2018

After an expansion earlier this year, Aldi and Instacart are rolling out online grocery delivery to all of the discount grocer’s stores across the United States. Online ordering through Instacart will become available by Thanksgiving at its ...more

Showing 76 – 90 of 42057