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Concept store Nike Soho debuts in New York city

Nike will open its newest retail experience, Nike Soho, a five-story, multi-sport, 55,000-square-foot digitally connected store located at 529 Broadway at Spring St. in the heart of New York City’s Soho neighborhood. The new store is designed to deliver the best...

Alibaba all set to smash Singles' Day sales record

Alibaba Group Holding Ltd. is on track to smash its Singles’ Day sales record after notching almost $12 billion in sales around the half-way mark of its Singles’ Day shopathon, according to a Bloomberg report. The Chinese e-commerce giant said it racked up...

Target hires Walmart's Shekar Natarajan as SVP Network Planning

Target Corp announced on Monday that it had named Shekar Natarajan for the newly created role of senior vice president, network planning and operational design. Natarajan will oversee design of the company's direct-to-store and direct-to-customer supply chain systems and report...

Now, Amazon to provide housekeepers, clean your house

Amazon may literally help you clean your house soon. The e-commerce behemoth might be starting a service to clean the homes of Amazon Prime members. The Seattle Times first reported job postings on the Amazon website for "home assistants" to help Amazon...

Domino's to use drones to deliver pizzas in New Zealand

Domino’s Pizza and Flirtey have launched the first commercial drone delivery service in the world with a demonstration of pizza delivery by drone in Auckland, New Zealand. This will be extended to actual deliveries to customers next month. The Civil...

Tommy Hilfiger traces journey in memoir

American fashion designer Tommy Hilfiger has shared his journey in the fashion world in his memoir "American Dreamer: My Life in Fashion & Business". Hilfiger's memoir chronicles his life and career in becoming one of the world's most renowned fashion...

Kantar Retailer PoweRanking: PepsiCo top supplier; Walmart, Kroger tie for No. 1 retailer spot

PepsiCo and Coca-Cola have topped the rankings of best-in-class manufacturers in the 2016 annual U.S. PoweRanking survey released by Kantar Retail on November 03, 2016. Competition also intensified in the retailer rankings, with Walmart and Kroger finishing in a virtual...

Yum! Brands completes spinoff of China business; to start trading as individual company

Yum! Brands, Inc has completed the separation of Yum China Holdings, Inc (“Yum China”) from Yum! Brands and will start trading regular way as an independent company on New York Stock Exchange. Yum Brands Inc., which opened its first KFC...

Amazon shares tumble despite a quarterly revenue jump of 29 pc

Even as Amazon.com reported a 29 percent rise in quarterly revenue on recently, the companies shares fell 6 per cent in after-hours trading in New York as it significantly missed earnings expectations in the third quarter. The world's biggest online...

Walmart, Target change retail strategy ahead of holidays, increase in-store pick ups

Retailers like Walmart Stores Inc. and Target Corp. are investing heavily to make more products available for same-day store pickup, staffing the pickup counter with more workers and stocking inventory closer to those workers to shorten wait times, a key consumer...

Now, order food using Google Maps

Google Maps for iOS version 4.24.0 allows users to place local delivery orders using a selection of on-demand food delivery services, including Seamless and Grubhub. Business Insider reports that a recent update to Google Maps provided users with the ability...

AmazonFresh grocery delivery service expanded to Dallas, Chicago

Amazon has announced that it’s launching its grocery delivery service in Chicago and Dallas, the latest in a line of expansions for the service in recent times. The AmazonFresh service allows customers to order from a wide range of grocery,...

Amazon partners with luxury food group, organic food chain to enhance Prime Now

Online retailer Amazon said on Wednesday it was partnering with luxury food group Fauchon, organic food chain Bio c'Bon and wine retailer Lavinia to extend the product range of its Prime Now express delivery service in Paris and its...

Macy's, Sears, JCPenney pull out of malls, US$48 bn of loans at risk

New research by Morningstar shows that there is no end in sight for the shopping mall crisis in the US. The research report says that hundreds of shopping malls have shut down over the last several years amid a pullback in consumer...

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NRF 2025: Retail’s Big Show kicks off in NYC

The opening day includes sessions led by industry leaders, showcasing insights on retail trends, technological advancements, and consumer behaviourNew...
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