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Starbucks announces Starbucks Reserve Roastery coming to Tokyo in 2018

Starbucks Coffee Company on Friday announced it will open a Starbucks Reserve Roastery, Japan, in 2018. Located in the Nakameguro district, an upscale neighborhood known for its exclusive boutiques and art galleries, the Roastery will be a one-of-a-kind retail environment. Designed in...

Walmart to invest US$ 50 million in Chinese online grocery and delivery firm New Dada

Walmart has announced a US$ 50 million strategic investment in New Dada, China’s largest local on-demand logistics and grocery O2O e-commerce platform. The investment is an extension of Walmart’s broader agreement with JD.com and cooperation with New Dada, which...

Dunkin' Brands franchisees slowdown on store openings; US election jitters turns franchisees cautious

Dunkin’ Brands Group Inc. franchisees are slowing openings of new outlets in the US due to economic uncertainty. Uncertainty around the outcome of the US Presidential election, unknown potential regulations and minimum wage increases are causing the franchisees to be...

Steepest decline for UK fashion market since 2009: Kantar Report

The British fashion market has witnessed its steepest decline since 2009, according to the latest figures from Kantar Worldpanel. Data to the 52 weeks ending 25 September 2016 revealed that the market has now seen four months of consecutive...

Now, order food on Facebook with the help of friends

Facebook, on Thursday, introduced new features to allow you to order food, request an appointment with a local spa, get a quote and even book movie tickets with your friends' recommendations as you travel to a new place. Now if you are...

Starbucks to double China stores in five years; names first CEO

The World's biggest coffee chain Starbucks recently named its first chief executive officer for China and said it plans to more than double its store count in that country to 5,000 by 2021, the company said in a statement.. Starbucks...

Gap to shut all Banana Republic stores in Britain

Gap is to close all its Banana Republic stores in the UK as the ailing fashion retailer focuses on North America to revive its sales. The company said it expected to close the majority of the eight UK stores by...

Luxury brand Burberry’s UK sales pick up on back of Brexit, a weak pound

British luxury fashion label Burberry has reported only a slight increase in retail sales in Q2 – 2 per cent. The increase is largely due to the fact that tourists are taking advantage of the weaker pound due to...

Apple shop debuts in Macy's flagship store

Macy's flagship Herald Square store in US now houses an Apple shop, which will be manned by Apple associates. The consumers can shop from an eyeliner to various Apple products like like iPhones, iPads, MacBooks, and the new Nike-branded...

Amazon to hire 120,000 temp workers for holiday season

Amazon today announced it is creating more than 120,000 seasonal positions across its U.S. network of fulfillment centers, sortation centers and customer service sites this holiday season. Last year, the US-based online retail giant had hired 100,000 temporary workers. Amazon said...

Tesco wages price war on Unilever, stops stocking brand

Britain's largest grocery chain, Tesco, has dropped dozens of Unilever products from its website after a row over prices in the wake of a partly Brexit-driven slump in the British currency. Some of the products whose stocks are dwindling include Marmite, Ben & Jerry’s ice-cream and Lynx...

Roberto Cavalli slashes 200 jobs worldwide

The Roberto Cavalli fashion house has announced that it is cutting 200 out of 672 jobs globally, closing some stores and its Milan offices and relocating to a manufacturing district near Florence. "The fashion industry is going through hard times...

Here's why French luxury brand LVMH will not do business on Amazon

LVMH - Moët Hennessy Louis Vuitton - has said that it does not think Amazon is an appropriate platform to sell its luxury brands. "We believe the business of Amazon does not fit with LVMH full stop and it does not fit with our brands,"...

Amazon plans to open grocery convenience stores: Report

A Wall Street Journal report claimed that Amazon hopes to open convenience stores where you'd buy meat, veggies and "other perishable items" that you take home like you would from any brick-and-mortar store. The Journal cited unnamed sources as saying Amazon...

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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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