International News
Sporting playful installations, the 2D makeover at Selfridges ​offers customers new ways to celebrate special moments brought to life through the lens of 2D artistry.​Unveiling all-new window displays and unexpected visual pleasures in its physical and digital spaces, ‘Selfridges...
International News
Cost reductions will be key for retailers to attract frugal consumers: Survey
While revealing consumer insights Capgemini Research Institute’s annual consumer trends survey highlights areas that retailers need to work on to stay relevant to the consumer
Mumbai:Â Businesses will need to find ways to cut costs and offer lower prices to consumers,...
Beauty & Wellness
Nivea parent company Beiersdorf gets ‘Triple A’ sustainability rating by CDP
Based on data collected by CDP on climate change, forests, and water security for 2022 from more than 15,000 companies, Beiersdorf is one of twelve companies to receive a triple AHamburg:Â International nonprofit organisation CDP has recognised the sustainability efforts...
International News
Foot Locker retools C-suite under Mary Dillon
Frank Bracken, Foot Locker’s current COO, is set to become chief commercial officerBy Ben UnglesbeeNew Delhi: Foot Locker announced a slew of changes to its executive ranks on Tuesday, all effective Dec. 1. Among them was the hire of...
Beauty & Wellness
Claire’s opens shops in Macy’s stores
Claire’s offers hair accessories, jewelry and cosmetics all year, as well as seasonal itemsBy Daphne HowlandNew Delhi: Claire’s is opening shop-in-shops in about 21 Macy’s locations nationally, including eight flagship stores, the companies announced Tuesday.The shops, which began opening...
Beauty & Wellness
Sephora names Guillaume Motte its next CEO
Motte joins Sephora as the beauty retailer moves aggressively into Kohl’s storesBy Cara SalpiniNew Delhi: Guillaume Motte is named as the new CEO of Sephora, parent company LVMH said in a LinkedIn post last week. According to Sephora, the...
Food
Target expands Starbucks curbside pickup service
In a new partnership, Target will now deliver Starbucks in its Drive Up curbside service at a few selected locations in the USBy Tatiana Walk-MorrisNew Delhi:Â Target will now deliver Starbucks food and beverages in its Drive Up curbside service...
International News
Foot Locker retools C-suite under Mary Dillon
Frank Bracken, Foot Locker’s current COO, is set to become chief commercial officerBy Ben UnglesbeeNew Delhi: Foot Locker announced a slew of changes to its executive ranks on Tuesday, all effective Dec. 1. Among them was the hire of...
International News
NRF: Record 197M consumers shopped from Thanksgiving to Cyber Monday
NRF announced that there was an increase of 17 million shoppers as compared to 2021 between Thanksgiving and Cyber MondayBy Dani JamesNew Delhi: Marking a record high since the trade group began tracking in 2017, the National Retail Federation...
Fashion
H&M slashes 1,500 jobs in cost-cutting effort
The cost-cutting program will save the company 2 billion Swedish Krona each yearBy Daphne HowlandNew Delhi: H&M on Wednesday said it will reduce its workforce by 1,500 positions as part of its previously announced cost-cutting program.
The program overall will...
International News
Facebook and Instagram will invest $1bn in content creators
Facebook is planning to invest over $1bn to attract content creators by the end of 2022, according to Mark Zuckerberg, CEO of Facebook. This investment will be an effort to compete against TikTok, a popular Chinese short video application...
International News
L Brands resumes Victoria’s Secret sale talks
US-based fashion retailer L Brands has reportedly resumed talks with potential buyers to sell its world-famous Victoria’s Secret lingerie chain.According to media sources, the business could be valued at between $2bn and $3bn. Last year, it was valued at...
International News
Chinese e-commerce platform JD.com expands into offline foodservice
Beijing-headquartered e-commerce company JD.com and popular China-based foodservice chain Juqi have announced an innovative supply chain partnership, which will make the former the first platform in China to provide a one-stop supply chain solution covering both food and materials...
Big Grid
Indian-origin billionaires Issa brothers buy UK fast food chain Leon
Indian-origin billionaire brothers Mohsin and Zuber Issa have acquired a popular British fast food chain, Leon, as part of what they described as their goal to grow their foodservice operations in Britain.The Issa brothers, whose parents moved to the UK from Gujarat...
Latest News
Sanjay Ghodawat Group’s Star Localmart launches milk subscription service
With the new initiative, customers can buy milk at an affordable price than the maximum retail price (MRP) through...