International News

Amazon's smart speaker system - Amazon Echo - was unveiled in the UK on September 28, 2016. The Echo, which is an artificial intelligence device, is a 23.5 cm tall cylindrical speaker - similar in appearance to the UE Megaboom - with a seven-piece microphone...

Smartphone and media device maker Xiaomi, which has till now largely focused on an e-commerce strategy, now plans to venture into physical retail. On Sunday, Xiaomi Corp announced plans to open 1,000 stores in three to four years, instead of just...

Last Thursday, Walmart Stores Inc made the announcement that it plans to slow down on new store openings and instead concentrate on its e-commerce business. This shift in strategy comes in part of its acquisition of Jet.com. In his blog,...

A month after its final store closed, British retailer BHS is back - but only online and with a new name and new owners. After the store went under in June 2016, its online and international operations were bought over by the Al...

Walmart has nearly doubled its stake in Chinese online retailer JD.com, according to a financial document disclosed on Wednesday. In a form filed with the Securities and Exchange Commission, the Bentonville, Ark.-based company said it owns 265 million shares, or...

Toys R Us has sold its iconic FAO Schwarz brand to ThreeSixty Group, a company that designs and sells toys, home goods and other products. Toys R Us had acquired FAO Schwarz seven years earlier in 2009, but has shut shop...

Shoppers want a clean house, but they don’t want to spend a lot of time cleaning. “Consumers are more likely to prefer to clean as they go, doing quick cleanups that fit into their schedules, than setting aside time...

Target said on Friday Chief Digital Officer Jason Goldberger, who had been with the company for four years, has left the retailer and his role will be taken over by two senior company executives. The Minneapolis-based retailer said Goldberger's role...

In what is being seen as a spin-off of the Welspun disaster, US-based retailer J C Penney has said it will be offering refunds to shoppers who purchased certain towels and a comforter set. This, even though the retailer is unable to...

In a bid to take on local rivals, in dozens of countries, Uber is reportedly making a big push into meal delivery, with fresh hiring and aggressive marketing. In a sign of rising ambition beyond its taxi business, the food...

Hollywood rapper Kanye West and Adidas Originals collaboration brings back the Yeezy Boost 350 with a bold evolution, as the shoe debuts with a flash of colour in India. Redesigned yet true to its roots, the Yeezy Boost 350 V2...