Retail News

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…

Global Retail Intelligence – December

December 15 – Alibaba Announces Launch of Reverse Logistics Channel to Offer Return Service to Hong Kong CustomersCainiao, the logistics arm of Alibaba Group, announced that 85% of goods purchased on Alibaba’s platforms, including Taobao and Tmall, delivered by Cainiao will be eligible for returns within seven days for their customers in Hong Kong. Plans to launch a direct…

U.S. Retail Intelligence – November

November 30 – Dollar Tree’s Remodeled Stores Lead to Third-Quarter GrowthRetailer said its campaign to overhaul Family Dollar stores is starting to pay off, net sales increased by 7.5% for the quarter. From: Store Brands Today November 29 – Buc-ee's Moves Into Two New StatesA groundbreaking in South Carolina and store opening in Georgia mark its latest expansion beyond…

Global Retail Intelligence – November

November 18 – Asda online sales up 72% in Q3 2020Walmart Asda reported earnings for the third quarter of 2020 covering the period from July 1 to September 30, coinciding with the end of the first UK-wide lockdown and reopening of the hospitality sector. Asda’s like-for-like sales, excluding fuel, increased by 2.7% and the strong performance in grocery, back-to-school…

Global Retail Intelligence –October

October 13 – Aldi UK Doubles Size of Deliveroo Trial|Aldi UK has planned to double the size of its trial of grocery delivery with the Deliveroo network, extending the trial to 40 total stores, bringing the trial service area to additional cities in England. From Aldi October 12 – Flipcart, Walmart Invest in NinjacartIndia-based ecommerce marketplace, Flipkart and parent…

Global Retail Intelligence – September

September 15 – Auchan to Invest in Urban Development of Retail OutletsFrance’s Auchan aims to increase market share in urban centers by investing heavily in both proximity and digital services. From European Supermarket Magazine September 9 – Australia’s Myer Partners with AmazonAustralians are now able to buy items on Amazon and have them sent to their nearest…