RetailNow

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El Corte Inglés to build urban ecommerce hub network

Friday, Jan 11, 2019

El Corte Inglés has converted a store space in Valencia, Spain to a logistics hub to serve the growing last-mile market. The transformation has been undertaken by Corpfin Capital Real Estate and will help the retailer towards achieving faster ...more

Walmart Brazil changes pricing strategy

Friday, Jan 11, 2019

Six months on from US private equity firm Advent International acquiring a majority stake in the business, Walmart Brazil has initiated a change to its pricing policy, according to reports. In recent weeks, Walmart Brazil has reportedly started ...more

Target reports 5.7% holiday same-store sales growth, maintains 2018 outlook

Friday, Jan 11, 2019

Target announced that its comparable sales in the combined November/December period grew 5.7% on top of 3.4% growth in the same period last year. Results reflected strong traffic, positive store comps and comparable digital sales growth of ...more

Costco December comparable sales up 6.1%

Friday, Jan 11, 2019

Costco reported its total comparable sales for the month of December 2018 increased 6.1%, with a 7.5% increase in the US, a 2.0% rise in Canada, and other international comparable sales rose 2.8%. Ecommerce sales were up 13%.


Yum! Brands Pizza Hut expands beer delivery in the US

Friday, Jan 11, 2019

Yum! Brands' subsidiary Pizza Hut has announced the expansion of its beer delivery program to approximately 300 restaurants in the US.


Louis Delhaize Cora launches digital signage in French hypermarkets

Friday, Jan 11, 2019

Provera Media, the advertising agency of Louis Delhaize's Cora, has partnered with Médiaperformances and Smartmédia to equip and launch digital signage in all the hypermarkets of the banner.


Macy’s reports weak holiday-season sales

Friday, Jan 11, 2019

Macy’s has announced sales results for the months of November and December 2018. In November and December, sales at stores operating for at least a year, including online sales, climbed 1.1%. Comparable sales of owned stores increased by 0.7% and ...more

Carrefour France tests AI-based product recognition

Thursday, Jan 10, 2019

Carrefour in France is testing an AI-based solution that allows for the automatic ...more

B&M reports continued growth in Q3

Thursday, Jan 10, 2019

B&M Group sales revenue for the quarter ended 29 December 2018 increased by 12.1% on a constant currency basis. On an actual currency basis, total sales revenue increased also by 12.1% to GBP1.08 billion.


John Lewis reports marginal sales increase over Christmas period

Thursday, Jan 10, 2019

John Lewis Partnership reported Christmas trading statement for seven weeks to 5 January 2019 where gross sales increased 1.4% versus last year to GBP2,207 million.


Marks and Spencer reports steady performance in Q3

Thursday, Jan 10, 2019

Marks and Spencer reported steady like-for-like performance with its transformation programme on track. Total UK sales stood at GBP2.78 billion with Food sales at GBP1.67 billion and Clothing and Home at GBP1.1 billion. Clothing & Home revenue ...more

Tesco Q3 LFL sales increase in the UK, reports strong Booker growth

Thursday, Jan 10, 2019

Tesco reported Q3 results for 13 weeks to 24 November 2018, and the Christmas period - 6 weeks to 5 January 2019. Like-for-like sales in the UK & ROI business including Booker grew by 1.9% in the third quarter and 2.6% in the six-week Christmas ...more

CVS Health CEO lays out plans for Aetna integration

Thursday, Jan 10, 2019

CVS Health CEO Larry Merlo said that CVS and its newly acquired health insurer Aetna are already rolling out new services and programs to customers one month after the deal closed.


Metro Cash & Carry becomes profitable in India

Thursday, Jan 10, 2019

German wholesaler Metro AG’s Indian arm Metro Cash & Carry has turned profitable 15 years after the company entered India. Metro reported sales of EUR776 million (USD908 million) in 2017-18, a decrease of 2.8% from 2016-17’s EUR798million (USD934 ...more

Tencent launches new voice assistant

Thursday, Jan 10, 2019

Tencent has unveiled its new voice assistant called Xiaowei. The AI is intended to expand the reach of the hugely popular WeChat app beyond smartphones and allow WeChat functionality to be part of smart connected device ecosystems, such as home ...more

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