New News information at Retail Insight Network New and updated information from News listed on www.retail-insight-network.com http://www.retail-insight-network.com/ en-us http://www.retail-insight-network.com/ New News information at Retail Insight Network http://www.retail-insight-network.com/content/images/logo_big.gif M&As this week: Sonae SGPS, Turbo Global Partners, FNG Group http://www.retail-insight-network.com/news/newsmas-this-week-sonae-sgps-turbo-global-partners-fng-group-nv-5798105 http://www.retail-insight-network.com/news/newsmas-this-week-sonae-sgps-turbo-global-partners-fng-group-nv-5798105 Sonae SGPS has announced plans to acquire a 100% stake in BRIO - Produtos de Agricultura Biologica, through its subsidiary. Thu, 27 Apr 2017 23:00:00 GMT DXLG opens new DXL Men Apparel store in Ontario, Canada http://www.retail-insight-network.com/news/newsdxlg-opens-new-dxl-men-apparel-store-in-ontario-canada-5799879 http://www.retail-insight-network.com/news/newsdxlg-opens-new-dxl-men-apparel-store-in-ontario-canada-5799879 US-based specialty retailer Destination XL Group (DXLG) has opened its second DXL Men’s Apparel store in Mississauga, Ontario, Canada. Thu, 27 Apr 2017 23:00:00 GMT Deals this week: Netflix, Farmdrop, Binary Subject Lda http://www.retail-insight-network.com/news/newsdeals-this-week-netflix-farmdrop-binary-subject-lda-5798096 http://www.retail-insight-network.com/news/newsdeals-this-week-netflix-farmdrop-binary-subject-lda-5798096 Netflix has announced plans to raise €1bn ($1.07bn) through a private placement. Thu, 27 Apr 2017 23:00:00 GMT Poshmark introduces new one-on-one styling service for customers http://www.retail-insight-network.com/news/newsposhmark-introduces-new-one-on-one-styling-service-for-customers-5799753 http://www.retail-insight-network.com/news/newsposhmark-introduces-new-one-on-one-styling-service-for-customers-5799753 Online fashion retailer Poshmark has introduced its new Posh Dressing Room personal styling service for an enhanced customer experience. Thu, 27 Apr 2017 23:00:00 GMT Title Nine upgrades its website on Kibo’s eCommerce platform http://www.retail-insight-network.com/news/newstitle-nine-goes-for-website-upgrade-on-kibos-ecommerce-platform-5798775 http://www.retail-insight-network.com/news/newstitle-nine-goes-for-website-upgrade-on-kibos-ecommerce-platform-5798775 Women’s sporting goods retailer Title Nine has upgraded its website on Kibo’s eCommerce solution. Wed, 26 Apr 2017 23:00:00 GMT Aldo introduces responsive e-commerce platform http://www.retail-insight-network.com/news/newsaldo-introduces-responsive-e-commerce-platform-5798745 http://www.retail-insight-network.com/news/newsaldo-introduces-responsive-e-commerce-platform-5798745 Footwear and accessory retailer Aldo Group has commenced the latest phase of its digital transformation by launching a new responsive website and e-commerce platform. Wed, 26 Apr 2017 23:00:00 GMT J. Crew Group to slash 250 jobs http://www.retail-insight-network.com/news/newsj-crew-group-to-slash-250-jobs-to-shore-up-profits-5798744 http://www.retail-insight-network.com/news/newsj-crew-group-to-slash-250-jobs-to-shore-up-profits-5798744 US-based J. Crew Group is to cut 250 jobs as part of a strategy to ensure sustainable and profitable growth. Wed, 26 Apr 2017 23:00:00 GMT ChannelAdvisor and eBay enter new strategic partnership http://www.retail-insight-network.com/news/newschanneladvisor-and-ebay-sign-new-strategic-partnership-5797541 http://www.retail-insight-network.com/news/newschanneladvisor-and-ebay-sign-new-strategic-partnership-5797541 E-commerce solutions provider ChannelAdvisor has entered a strategic partnership with eBay, in order to execute programmes to enable client growth in both companies. Tue, 25 Apr 2017 23:00:00 GMT PingPong and Newegg partner to facilitate payment transactions for Chinese sellers http://www.retail-insight-network.com/news/newspingpong-ties-up-with-online-retailer-newegg-to-facilitate-payments-to-chinese-sellers-5797556 http://www.retail-insight-network.com/news/newspingpong-ties-up-with-online-retailer-newegg-to-facilitate-payments-to-chinese-sellers-5797556 US-based electronics e-retailer Newegg has partnered with payment facilitator PingPong to streamline the online purchasing process for Chinese merchants. Tue, 25 Apr 2017 23:00:00 GMT TCS launches unified payment platformfor retail organisations http://www.retail-insight-network.com/news/newstcs-launches-unified-payment-platform-merchant-pay-5797529 http://www.retail-insight-network.com/news/newstcs-launches-unified-payment-platform-merchant-pay-5797529 Global IT services supplier Tata Consultancy Services (TCS) has launched Merchant Pay, a unified payment platform that will enable retail organisations to integrate transactions across multiple modes through a single interface. Tue, 25 Apr 2017 23:00:00 GMT Sprint plans to open 79 new retail stores in Texas by this year end http://www.retail-insight-network.com/news/newssprint-to-open-79-new-retail-stores-in-texas-us-5795604 http://www.retail-insight-network.com/news/newssprint-to-open-79-new-retail-stores-in-texas-us-5795604 US-based telecommunications company Sprint has revealed plans to open 79 new retail stores across Texas by the end of this year. Mon, 24 Apr 2017 23:00:00 GMT Ikea to double sourcing from India by 2020 http://www.retail-insight-network.com/news/newsikea-to-double-local-sourcing-from-india-by-2020-5795133 http://www.retail-insight-network.com/news/newsikea-to-double-local-sourcing-from-india-by-2020-5795133 Global home furnishings retailer Ikea has announced plans to double its sourcing from India by 2020 from the existing $340m to $643m. Mon, 24 Apr 2017 23:00:00 GMT Clothing retailer Bebe to close all stores by May http://www.retail-insight-network.com/news/newsclothing-retailer-bebe-to-close-all-stores-by-may-5795073 http://www.retail-insight-network.com/news/newsclothing-retailer-bebe-to-close-all-stores-by-may-5795073 Clothing retailer Bebe has announced its plans to close all its stores by the end of May. Mon, 24 Apr 2017 23:00:00 GMT Amazon to open three new fulfillment centres in New Jersey http://www.retail-insight-network.com/news/newsamazon-to-open-three-new-fulfillment-centres-in-new-jersey-5794296 http://www.retail-insight-network.com/news/newsamazon-to-open-three-new-fulfillment-centres-in-new-jersey-5794296 Amazon has announced plans to open three new fulfillment centres in New Jersey, US. Sun, 23 Apr 2017 23:00:00 GMT Sports Direct International secures approval to acquire Eastern Outfitters’ assets http://www.retail-insight-network.com/news/newssports-direct-international-enters-us-market-with-a-101m-worth-acquisition-of-50-retail-stores-5794004 http://www.retail-insight-network.com/news/newssports-direct-international-enters-us-market-with-a-101m-worth-acquisition-of-50-retail-stores-5794004 Sports Direct International (Sports Direct) has received approval of the Delaware Bankruptcy Court in the US to acquire certain assets of Eastern Outfitters. Sun, 23 Apr 2017 23:00:00 GMT Pitney Bowes partners with SalesWarp to offer new Complete Shipping solution for retailers http://www.retail-insight-network.com/news/newspitney-bowes-partners-with-saleswarp-to-offer-its-new-complete-shipping-solution-5793952 http://www.retail-insight-network.com/news/newspitney-bowes-partners-with-saleswarp-to-offer-its-new-complete-shipping-solution-5793952 Pitney Bowes has launched its Complete Shipping solution for partners and retailers that simplifies logistics management of unified commerce solutions. Sun, 23 Apr 2017 23:00:00 GMT Marks & Spencer to open 36 new stores in UK http://www.retail-insight-network.com/news/newsmarks-spencer-to-open-36-new-stores-and-shut-six-in-uk-5793203 http://www.retail-insight-network.com/news/newsmarks-spencer-to-open-36-new-stores-and-shut-six-in-uk-5793203 Marks & Spencer (M&S) has announced plans to open 36 new stores in the UK over the next six months, which will create more than 1,400 new jobs. Thu, 20 Apr 2017 23:00:00 GMT Tesco to offload opticians business to Vision Express http://www.retail-insight-network.com/news/newstesco-offloads-opticians-business-to-vision-express-5793442 http://www.retail-insight-network.com/news/newstesco-offloads-opticians-business-to-vision-express-5793442 Tesco has announced the sale of its opticians business in the UK and Republic of Ireland (ROI) to Vision Express. Thu, 20 Apr 2017 23:00:00 GMT M&As this week: Art.sy, Yiwu Huading Nylon, PetSmart http://www.retail-insight-network.com/news/newsmas-this-week-artsy-yiwu-huading-nylon-petsmart-5791507 http://www.retail-insight-network.com/news/newsmas-this-week-artsy-yiwu-huading-nylon-petsmart-5791507 Online art collection and education platform Art.sy (Artsy) has announced the acquisition of data science company ArtAdvisor. Thu, 20 Apr 2017 23:00:00 GMT Wal-Mart launches new sustainability initiative to reduce emissions in supply chain http://www.retail-insight-network.com/news/newswal-mart-launches-new-sustainability-initiative-to-reduce-emissions-in-its-supply-chain-5793225 http://www.retail-insight-network.com/news/newswal-mart-launches-new-sustainability-initiative-to-reduce-emissions-in-its-supply-chain-5793225 WalMart has launched a sustainability platform and invited its suppliers to reduce greenhouse gas emissions resulting from their operations and supply chains. Thu, 20 Apr 2017 23:00:00 GMT