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JCPenney appoints Jill Soltau as Chief Executive Officer

J. C. Penney Company, Inc. Board of Directors have announced the appointment of Jill Soltau as Chief Executive Officer and a member of the Board of Directors, effective October 15, 2018. Soltau is a 30-year retail veteran who most...

‘Just Walk Out’ Shopping and other smart checkout tech to reach over US$ 45 billion transactions by 2023

A new report from Juniper Research forecasts that retail spend at frictionless payment stores like Amazon Go will grow from an estimated US$ 253 million in 2018 to over US$ 45 billion by 2023. Juniper expects most of these...

Kohl’s announces new brand EVRI to enhance women’s plus brand portfolio

Kohl’s has announced the launch of EVRI, a new women’s private-label plus brand, enhancing Kohl’s modern, size-inclusive offerings for women and strengthening Kohl’s position as a destination for the plus shopper.EVRI, which stands for Easy, Versatile, Real (Value) and...

Amazon introduces new store selling items from its website rated 4 stars and above

Amazon has introduced Amazon 4-star, a new physical store where everything for sale is rated 4 stars and above, is a top seller, or is new and trending on Amazon.com. The store is located in one of New York’s...

NIKE, Inc. reports fiscal 2019 first quarter results

NIKE, Inc. has reported fiscal 2019 financial results for its first quarter ended August 31, 2018. For the quarter, double-digit revenue growth was driven by the continued success of the Consumer Direct Offense, which fueled growth across all geographies...

Dunkin’ Donuts reveals new brand identity

Dunkin’ Donuts has been on a first-name basis with its fans long before the introduction of its iconic tagline, America Runs on Dunkin’, with customers around the world naturally and affectionately referring to the brand as Dunkin’. In recognition...

Michael Kors acquires Versace; to be renamed as Capri Holdings Limited

Michael Kors Holdings Limited, a global fashion luxury group, announced that a definitive agreement has been signed to acquire all of the outstanding shares of Italian luxury fashion house Gianni Versace S.p.A. for a total enterprise value of Euro...

Walmart Canada launches grocery delivery in Metro Vancouver with Food-X

Walmart Canada has announced the launch of sustainable grocery delivery for Metro Vancouver consumers in collaboration with Sustainable Produce Urban Delivery (SPUD)'s food delivery platform, Food-X Urban Delivery (Food-X). Metro Vancouver residents can now shop on walmart.ca/grocery or via...

Middle East Retail Forum 2018: Remodelling Retail in a Phygital Way

The seventh Middle East Retail Forum (MRF) is around the corner. Scheduled to be held on October 8 & 9, the central theme of MRF 2018 is a look at 'retail of tomorrow'. Among many things that define what...

Starbucks to operate 10,000 ‘Greener Stores’ globally by 2025

For the past decade, Starbucks has been committed to creating green buildings through a partnership with the U.S. Green Building Council. The two organizations worked together on the Leadership in Energy and Environmental Design (LEED) for Retail program, a...

L Brands to close all Henri Bendel stores, e-commerce

With a focus on increasing shareholder value, L Brands, Inc. announced the January 2019 closing of all 23 Henri Bendel stores and the Henri Bendel e-commerce website. The stores include the company’s Fifth Avenue store as well as smaller-format...

Macy’s to hire 80,000 seasonal employees in 2018

Macy’s has announced plans to hire approximately 80,000 seasonal colleagues for positions at its Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers nationwide for the 2018 holiday season. Macy’s anticipates a strong and successful holiday...

New York & Company announces rebranding and transformation

New York & Company, one of the largest Omnichannel women’s specialty retailers offering exclusive celebrity and sub-brand collections, has announced the official launch of its corporate reinvention to a multi-brand lifestyle platform.The company’s vision is to be the premier...

Tata Global Beverages Ltd restructures overseas operations, exits non-core markets

Tata Global Beverages Ltd (TGBL) has restructured its international operations by merging its businesses in Canada, America and Australia (CAA) and the UK, Europe, Middle East and Africa (EMEA) regions into a single unit. The Tata Group firm has...

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Chandigarh witnessed impressive growth in home & kitchen sector on Amazon

The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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