JCPenney reaches tentative sale agreement
US-based department-store group JCPenney is set to emerge from bankruptcy through a tentative sale and restructuring agreement...September 10, 2020
AS Watson Group kicks off 180th anniversary with Global Smile Campaign
AS Watson Group has launched its Global Smile Campaign in a bid to raise awareness of mental...September 9, 2020
Neiman Marcus expects to emerge from bankruptcy by end of September
US-based departmant-store group Neiman Marcus is set to emerge from bankruptcy proceedings by September 30. A US...September 9, 2020
LVMH names new Sephora ceo
LVMH has named Martin Brok as new president and ceo of beauty retailer Sephora, effective September 14....September 8, 2020
Retail insights from Retail & Tech No 11
Retail news and trends to watch out for Fragrance vending machines. H&M-owned brand &Other Stories is looking...September 8, 2020
Watsons to launch in Middle East
Hong Kong retail company AS Watson Group is to launch its Watsons health-and-beauty retail chain in the...September 8, 2020
& Other Stories launches beauty vending machine at Galeries Lafayette
H&M Group-owned fashion and beauty brand & Other Stories has launched a vending machine for its fragrance...September 7, 2020
90% of consumers to continue online shopping post-pandemic, says AS Watson Group survey
Some 90% of consumers said they will continue shopping online post-pandemic, according to a global COVID-19 survey...September 3, 2020
Retail Insights from Retail & Tech No 10
Retail news and trends to watch out for When retailers are not retailers? Last week, Walmart said...September 3, 2020
Marionnaud launches evening delivery service
French beauty retailer Marionnaud has launched an evening delivery service, which it describes as accomodating customers’ fact-paced...September 3, 2020
Frasers Property Retail to launch e-commerce marketplace for Singapore malls
Retail asset management Frasers Property Retail (FPR) is set to launch an e-commerce marketplace for its 14...September 2, 2020
Macy’s sales decline 40.5% in first half, down 35.8% in Q2
US-based department-store group Macy’s first half sales fell 40.5% year-on-year to $6.58bn (26 weeks ended August 1,...September 2, 2020
Walmart to launch new membership program Walmart+
US-based retailer Walmart is set to launch its new membership program Walmart+ on September 15. The subscription...September 2, 2020
JCPenney lenders set to make a bid, says report
US-based retailer JCPenney’s top lenders, including hedge fund company H/2 Capital Partners, are set to make a...September 1, 2020
Printemps group names Jean-Marc Bellaiche ceo
French department-store group Printemps has named Jean-Marc Bellaiche ceo, effective October 1. He was most recently chief...September 1, 2020
Walgreens Boots Alliance names John Standley Walgreens president
Drugstore group Walgreens Boots Alliance (WBA) has named John Standley Walgreens president, effective immediately. Standley previously served...September 1, 2020
Reliance Retail to acquire Future Group’s Retail & Wholesale Business
Mumbai-based Reliance Retail Ventures is set to acquire India’s second-largest retail company Future Group’s Retail & Wholesale...August 31, 2020
Zalando expands, renames luxury category
Online retailer Zalando has renamed its Premium category to Designer in a bid to enhance its luxury...August 31, 2020
Walmart partners with Microsoft in bid to buy TikTok US
US-based retailer Walmart confirmed that it will partner with Microsoft in a bid acquire short-video platform TikTok’s...August 28, 2020
Ulta sales fall 29.6% in first six months of fiscal 2020, down 26.3% in Q2
US-based beauty retailer Ulta Beauty’s sales fell 29.6% to $2.4bn in the first six months of fiscal...August 28, 2020
Alibaba revenue up 34% in June quarter
Alibaba Group’s revenue rose 34% year-over-year to Rmb153.75bn (US$21.76bn) in its June quarter (three months ended June...August 24, 2020
Lord & Taylor to close another five stores
US-based department-store group Lord & Taylor is to close another five stores. As reported, the retailer said...August 21, 2020
Mecca expands into China with Tmall Global launch
Australian beauty retailer Mecca has expanded into the Chinese market through a partnership with cross-border e-commerce platform...August 20, 2020
Klarna introduces Google Pay for in-store purchases
Fintech company Klarna has introduced Google Pay for US-based in-store purchases. The move is intended to expand...August 19, 2020
JD.com set to open 20 E-Store experience stores by 2025
Chinese e-commerce platform JD.com is set to open 20 E-Store experience stores in first-tier cities in mainland...August 18, 2020
US retail grows 2.7% in July
US retail sales increased 2.7% year-on-year to $536bn in July, according to the US Census Bureau. Sales...August 17, 2020
E-commerce helps partially offset sales declines at Douglas
German beauty retailer Douglas Group said that its early focus on e-commerce helped it absorb some of...August 13, 2020
Sa Sa partners with Boutir to launch personal online stores for beauty consultants
Hong Kong-based beauty retailer Sa Sa has partnered with social mobile commerce solutions provider Boutir to launch...August 5, 2020
Aspects Beauty launches e-commerce site
UK-based fragrance and beauty distribution company Aspects Beauty has launched its own direct-to-consumer (D2C) e-commerce site. Called...August 5, 2020
Lord & Taylor to close 19 stores
US-based department-store group Lord & Taylor is to close 19 of its 38 stores. As reported, the...August 5, 2020