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Primark posts higher operating profits for Q1 2019

Thursday, Jan 17, 2019

For the first quarter to 5 January 2019, sales at Primark, part of the Associated British Foods, were 4% ahead of last year, at both constant currency and actual exchange rates. The company said in a statement that with a higher operating profit ...more

Walmart China to boost O2O integration

Thursday, Jan 17, 2019

Walmart China has pledged to further its Online-to-Offline (O2O) integration strategy with increased focus on fresh food distribution, private brands and membership services.


Walmart Flipkart invests USD201 million in Indian wholesale unit

Thursday, Jan 17, 2019

Flipkart’s Singapore-incorporated parent has infused INR1.4 billion (USD201 million) into its wholesale entity in India.


Suning to further scale offline expansion with 15,000 stores in 2019

Thursday, Jan 17, 2019

Chinese O2O player Suning intends to significantly increase its offline presence with a revised 2019 opening goal of 15,000 stores. This comes after it opened 8,000 new sites in 2018 on the back of an original ambition of only 5,000. Its new ...more

IKEA to open first New Zealand store in Auckland

Thursday, Jan 17, 2019

Swedish home furnishings giant IKEA announced plans to open its first New Zealand store. The retailer plans to build the store near the largest city of Auckland over the next few years and will open up a pop-up shop in the coming months in the ...more

Eroski introduces nutrition-score labelling on private labels

Thursday, Jan 17, 2019

Spain's Eroski has introduced 'Nutri-Score' labelling to selected private label products, in a move that the Spanish retailer says marks an important step forward in providing greater transparency about the nutritional quality of ...more

L’occitane to acquire British skincare brand Elemis

Thursday, Jan 17, 2019

L’Occitane International has announced that it will acquire luxury British skincare brand Elemis for USD900 million.


Shopko files for bankruptcy, to close more stores

Thursday, Jan 17, 2019

Shopko has filed for Chapter 11 bankruptcy protection, citing excess debt and ongoing competitive pressures. The retailer, which operates over 360 stores, said it will continue to operate and serve its customers, vendors, partners and employees ...more

A.S. Watson utilises predictive modelling to launch supplier brands

Wednesday, Jan 16, 2019

Hong-Kong based A.S. Watson has released details about how its predictive modelling will allow health & beauty brands to improve ...more

Kroger, Dare to Care partner to create Mobile Market

Wednesday, Jan 16, 2019

Dare to Care Food Bank is partnering with Kroger to launch a new mobile grocery market. This new program is designed to bring healthy grocery items to neighbourhoods that are considered 'food deserts.'


Walgreens, Microsoft establish strategic healthcare delivery partnership

Wednesday, Jan 16, 2019

Microsoft has signed a multi-year agreement with Walgreens Boots Alliance to become the drugstore owner's strategic cloud provider and to help develop a healthcare delivery and management platform.


Alibaba taps Kabbage to enable financing for SMEs in US

Wednesday, Jan 16, 2019

Alibaba has partnered with American fintech startup Kabbage to provide loans of up to USD150,000 for American sellers looking to finance B2B orders via Alibaba.com. The Pay Later program eases cash flow for small operators and enables better ...more

Aldi opens new sustainable DC in Belgium

Wednesday, Jan 16, 2019

Aldi has opened a new 41,000 sq m sustainable distribution center in Turnhout, Belgium. The new DC will also offer more space for fresh products with a 4,700 sq m a cold space, and add to Aldi’s decentralisation of logistics in ...more

Walmart to exit some CVS Caremark pharmacy networks amid dispute

Wednesday, Jan 16, 2019

CVS Caremark's commercial and managed Medicaid customers soon may no longer be able to fill prescriptions at Walmart drugstores amid a dispute between the two pharmacy giants over pricing.


Indonesia to introduce new tax regulation for ecommerce operators

Wednesday, Jan 16, 2019

Online platforms in Indonesia like Lazada, Tokopedia and JD.id, will be subject to a new tax regulation and greater regulatory oversight of data collection under new proposals put forward by the government. From April all online marketplaces will ...more

Showing 16 – 30 of 43649