Retail News

U.S. Retail Intelligence – April

April 30 – Target works toward goal of opening 40 stores this yearTarget appears to be on track to reach its goal of opening 30 to 40 stores this year with 12 new locations already operating, including a site along Hollywood's Walk of Fame in Los Angeles and a small-format store near the University of Georgia campus. This slide show offers a look at the retailer's newest…

Global Retail Intelligence – April

April 14 – JD.com Creates Offline Catering Supply Chain SolutionJD.com with Juqi, a dinning chain in Beijing, announced a supply chain cooperation, positioning JD.com as the first platform in China capable of providing a one-stop supply chain solution covering both the full category of food and materials supply, and integrated warehousing and distribution services. Through the…

U.S. Retail Intelligence – March

March 27 – Star Market Goes Big in FenwayThe retailer is planning a 50,000-square-foot store for a mixed-use development as part of an expansion at 401 Park. From: Win sight Grocery Business March 26 – J.C. Penney's Interim Chief Sees Signs of GrowthJ.C. Penney is seeing weekly improvements, especially in specific growth categories including workout wear and home goods,…

Global Retail Intelligence – March

March 19 – Alibaba Launches a Self-Driving Robot for DeliveriesAlibaba group will launch a self-driving delivery vehicle across 15 universities in China in March. Each self-driving robot will be capable of making 500 daily deliveries, for which students can make appointments for the deliveries to be made directly to their dorms. With demand of deliveries on the rise and China…

U.S. Retail Intelligence – February

February 26 – Meijer Plans Supplier Diversity Event In MayMeijer in May will host a supplier diversity event, giving businesses nationwide the opportunity to showcase their offerings for interested merchants at the retailer. From: HomeWorld Business February 26 – Qurate Beats Wall Street Q4 Earnings EstimateQurate Retail beat a Wall Street Q4 earnings estimate as sales…

Global Retail Intelligence – February

February 17 – Tesco Stores Renamed Across Southeast AsiaCP Group has renamed its Tesco stores across Southeast Asia to Lotus’s. The rebranding follows the USD 10.6 billion acquisition of Tesco’s Asian operations in Thailand and Malaysia in 2020. From Inside Retail February 15 – South Africa’s ShopRite Sees Profits GrowSouth Africa’s ShopRite Holdings announced that profits…

U.S. Retail Intelligence – January

January 29 – Walmart Enhances Media Operation To Connect Brands With CustomersWalmart has renamed the company’s media group Walmart Connect in a move to underscore its expanding ability to connect brands and its 150 million weekly customers. From: HomeWorld Business January 29 – Coca-Cola, Walmart Team up to Deliver Coffee-Flavored Soda Via DroneCompanies testing commercial…

Global Retail Intelligence – January

January 20 – Walmart’s Flipkart Puts Fresh Foods Platform on HoldIndia-based Flipkart has put its plans on hold to establish a fresh food platform to sell directly to consumers. Walmart-owned Flipkart has said that it will be difficult to drive traffic and find synergies with its current ecommerce marketplace. From ET Retail January 19 – Alibaba/Tmall Announces Support for…

U.S. Retail Intelligence – December

December 30 – Jill Soltau Leaves Her Role as J.C. Penney CEOJ.C. Penney's new owners, mall REITs Simon Property Group and Brookfield Asset Management, on Wednesday, said they have launched a search for a new chief executive officer to replace Jill Soltau, who is leaving Thursday. From: Retail Dive December 28 – Retail Furloughs Snowball as Kohl's, Gap Extend Store…