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PepsiCo announces definitive agreement to acquire Bare Snacks

PepsiCo has announced that it has entered into a definitive agreement to acquire Bare Foods Co. (doing business as Bare Snacks), a U.S.-based maker of baked fruit and vegetable snacks. The transaction will expand the company's snacking portfolio and...

Starbucks US outlets temporarily shutting down for anti-bias training

Starbucks will temporarily shut down about 8,000 company-owned locations across the US on Tuesday to offer 175,000 employees mandatory anti-bias training.Participating stores will close around 2 p.m. to 3 p.m., reports CNN. However, the outlets in hotels, grocery stores...

MINISO to open 500 stores in Canada within three years

MINISO opened its first Canada store on April 15. At the beginning of 2018, MINISO continued to expand the Canadian market. It is expected to open 100 stores in Canada by the end of 2018, and the total number...

Target introduces three new brands for next generation consumers

Target has unveiled three new brands - Heyday, Wild Fable and Original Use - all designed especially for the next generation of consumers.“We have an opportunity to better connect with younger guests. So we’ve gone all-in, working with hundreds...

FENDI appoints Giuseppe Oliveri WW Managing Director Retail & Wholesale

FENDI has appointed Giuseppe Oliveri as WW Managing Director Retail & Wholesale, effective July 1, 2018. Based in Rome, he will directly report to Serge Brunschwig – Chairman & CEO.After obtaining a Master's degree in Economics at Libera Università...

Tesco to refocus its non-food business by closing Tesco Direct

Tesco has conducted a detailed review of Tesco Direct, its non-food website, and has concluded that, despite its best efforts, there is no route to profitability for this small, loss-making part of the business.Tesco Direct has faced a number...

Kroger and Home Chef announce a merger agreement

The Kroger and Home Chef, the country's largest private meal kit company, has announced a merger agreement that will significantly accelerate availability of meal kits and position the combined company to lead the way in revolutionizing how families shop...

Zara opens flagship concept store at Westfield Stratford

Spanish fast fashion, clothing and accessories retailer Zara - the main brand of the Inditex Group - has opened a new flagship concept store in London's Westfield Stratford City shopping centre.The store follows Zara's pop-up store, which was also located at...

intu Watford undergoes multi-million-pound makeover ahead of extension launch

intu Watford is getting a multi-million-pound makeover ahead of the launch of the £180 million extension later in the year.intu is investing an additional £13 million to update the centre in time for the opening of the new 400,000...

Marks & Spencer to shut 100 stores by 2022 amid online push

M&S has revealed that it will close 100 stores across the UK in the next four years.Of the 100 stores, 21 have already been shut and M&S has now revealed the location of 14 further sites to close.Alongside relocations,...

Taipei ranked second top market for international retail brands: CBRE

Taipei was ranked as the second-top market for international retailers in the Asia-Pacific region last year, according to a report released Friday by commercial real estate services and investment firm CBRE.The city attracted 52 new international brands, said the...

Boden’s second physical store lands in Westfield London’s new extension

Fashion brand Boden has opened a store at Europe’s largest shopping centre, Westfield in White City, with the eclectic heritage-infused concept designed by Dalziel & Pow.The brand’s second permanent store and its first in a mall, this continues Boden’s...

Amazon to open cashier-less stores in Chicago and San Francisco

Amazon, which opened a cashierless store in Seattle this year, plans more locations in Chicago and San Francisco.Shoppers enter the stores by scanning a smartphone app. Customers use an app called ‘Go’ to enter the store. Once inside, they...

Mothercare to unveil restructuring plan on Thursday

Mothercare said on Monday that it was finalising a restructuring and refinancing package which it intends to announce with its final results on Thursday.Mothercare said it was finalising a "comprehensive restructuring and refinancing package to put the business on...

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How the denim industry is keeping itself green

With the global denim segment projected to hit $95 billion by 2030, it poses a dual threat to both...
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