International News

Amazon.com Inc said on Thursday it would start delivering Whole Foods groceries via its fast-shipping Prime Now service in select U.S. cities, and plans to expand it across the country this year.The online retailing behemoth will add Whole Foods...

Hudson’s Bay Co., the owner of Saks Fifth Avenue, named CVS Health Corp. executive Helena Foulkes its first female chief executive officer as the department-store operator struggles with declining traffic and a restless activist investor.Foulkes, who has been with...

The Kroger Co and EG Group, a privately-held petrol forecourt convenience store retailer based in Blackburn, Lancashire, United Kingdom, has announced a definitive agreement for the sale of Kroger's convenience store business unit to EG Group for US $2.15...

Avon Products has announced that Jan Zijderveld has been appointed Chief Executive Officer, effective immediately. He succeeds Sheri McCoy, who previously announced her intention to retire from the company and board. Zijderveld will also serve as a member of...

The Bon-Ton Stores has announced that the company and its subsidiaries have filed voluntary petitions for a court-supervised financial restructuring under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.The...

Fung Retailing Limited, with a network of over 3,000 stores, and JD.com, China's largest retailer, has announced a partnership to develop AI-driven retail solutions.According to the agreement signed, the two companies will cooperate in using AI to transform the...

Buoyed by iPhone sales in the holiday season, Apple posted a record revenue of US $88.3 billion -- a 13 per cent increase from a year-ago -- for the first quarter of fiscal 2018 that ended on December 30.According...

Sears Holdings on Wednesday laid off 220 employees primarily at the company's corporate headquarters in Hoffman Estates, Illinois, effective immediately.The layoffs are part of an ongoing restructuring effort at Sears, and they follow rounds of cuts in March and...

Benetton Group S.R.L. announced that Luciano Benetton has taken on the role of Executive Chairman.After handing over his responsibilities to the Founder, Francesco Gori, Chairman since May 2016, will remain a director on the board and will soon be...

Online grocery leader Shipt has announced a partnership with Target to begin same-day delivery of in-store groceries, essentials, home, electronics and other products across Florida and Albama. However, the company will expand it to all major products by the...

Revlon, Inc announced that Fabian Garcia, President and Chief Executive Officer of Revlon, has stepped down from his position to pursue other opportunities.Paul Meister, currently a member of Revlon’s Board of Directors, will become Executive Vice Chairman of the...

Walmart President and CEO Doug McMillon and Rakuten Chairman, President and CEO Hiroshi 'Mickey' Mikitani met in Tokyo to announce a new strategic alliance that leverages each company’s unique strengths and assets to expand consumer reach and enhance how...

Chinese Internet giant Tencent has opened its first cashier-less pop-up store in Shanghai in a move to tap into the country's promising unmanned retail industry.According to a PTI report: At the 300-square meter shop named We Life, shoppers can...

Hundreds of South Koreans on Saturday waited hours for the opening of Apple's first store in southern Seoul.About 300 people lined up to be among the first in the country to get inside Apple Garosugil in the affluent southern...