Last week, Intersport Deutschland, Germany’s largest sports retailer, announced plans to open 100 new retail storefronts across the country over the next six years, bringing the total number of shops it will eventually operate to 500. CEO Alexander von Preen told the Financial Times he’s...
Jessica Alba is departing from her role as chief creative officer at The Honest Company. Alba, who founded the personal care company, will remain on its board of directors, The Honest Company said in a Tuesday (April 9) press release. “While there never would have been an...
As self-driving technology comes closer into view, Robomart sees mobile stores as a key retail channel going forward. The company, which provides hail-able mobile shops for retailers, is already noting the rise of more automated options in food service especially, as Co-founder and CEO Ali Ahmed noted in an...
As consumers increasingly engage across brick-and-mortar and digital channels, convenience retailers are integrating new technologies into the in-store experience. According to a recent report from the National Association of Convenience Stores (NACS), nearly two-thirds of shoppers are members of retailers’ loyalty programs. “Customers are using...
Luxury firms Chanel and LVMH are reportedly competing to become the new owner of a building on Manhattan’s Fifth Avenue. Both companies have been in talks to buy the location on the luxury shopping corridor, Bloomberg reported Monday (April 8). Global luxury retailers have been competing to buy buildings on Fifth...
Alipay has launched a series of “International Consumer Friendly Zones” in China. The company’s owner, owned by China’s Ant Group, announced Monday (April 8) it is working with local merchants, tourism sites and commercial districts to enhance international visitors’ experience and drive business for local...
Convenience store commerce platform Vroom Delivery has launched a partnership with payment processor Finix. The collaboration, announced Monday (April 8), is centered around the creation of a new tool called Pay360, which the companies say is the first online payment solution designed for the convenience store sector, allowing for the...
Amid ongoing budget pressures, United States shoppers are seeking affordable ways to treat themselves, fueling demand for the novel but low-cost products that Japanese discount stores have to offer. Japanese value chain Daiso opened its latest U.S. location in Austin, Texas, Saturday (April 6), part of its ongoing push...
Australia is reportedly stepping up efforts to regulate its supermarket sector. A new government study, the subject of a Monday (April 8) report by The Guardian, warns of the need to reverse a “heavy imbalance in market power between suppliers and supermarkets in Australia’s heavily...
