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 Kohl’s to bolster omnichannel capabilities with new e-commerce fulfilment centre http://www.retail-insight-network.com/news/newskohls-to-bolster-omnichannel-capabilities-with-new-e-commerce-fulfilment-centre-5907590 http://www.retail-insight-network.com/news/newskohls-to-bolster-omnichannel-capabilities-with-new-e-commerce-fulfilment-centre-5907590 US-based department store chain Kohl’s is planning to reduce the floor size of its outlets, in an attempt to shift its focus to e-commerce retail space. Tue, 22 Aug 2017 23:00:00 GMT Sports Direct increases stake in Debenhams to 21% http://www.retail-insight-network.com/news/newssports-direct-increases-stake-in-debenhams-to-21-5906369 http://www.retail-insight-network.com/news/newssports-direct-increases-stake-in-debenhams-to-21-5906369 UK-based specialist retailer Sports Direct International has increased its interest in department store chain Debenhams from the existing 19% to 21%. Tue, 22 Aug 2017 23:00:00 GMT Steals.com rolls out marketplace to improve online listings http://www.retail-insight-network.com/news/newsstealscom-rolls-out-marketplace-to-improve-online-listings-5906386 http://www.retail-insight-network.com/news/newsstealscom-rolls-out-marketplace-to-improve-online-listings-5906386 US-based online marketplace Steals.com has launched the Steals.com platform, which is aimed at serving sellers and buyers. Tue, 22 Aug 2017 23:00:00 GMT DTLR and Sneaker Villa to form new lifestyle retail company http://www.retail-insight-network.com/news/newsdtlr-and-sneaker-villa-to-form-new-lifestyle-retail-company-5905204 http://www.retail-insight-network.com/news/newsdtlr-and-sneaker-villa-to-form-new-lifestyle-retail-company-5905204 Lifestyle retail companies DTLR and Sneaker Villa have merged to form a footwear and clothing retailer with an expanding network and improved market position. Mon, 21 Aug 2017 23:00:00 GMT India’s Naaptol targets $112.12m sales revenue with expansion plan http://www.retail-insight-network.com/news/newsindias-naaptol-targets-11212m-sales-revenue-with-expansion-plan-5905191 http://www.retail-insight-network.com/news/newsindias-naaptol-targets-11212m-sales-revenue-with-expansion-plan-5905191 Indian multichannel home shopping company Naaptol has revealed plans to expand and decentralise its fulfilment centres in order to achieve its sales revenue target of Rs7.2bn ($112.12m) during the current financial year. Mon, 21 Aug 2017 23:00:00 GMT Walmart expands grocery delivery service to two additional markets in US http://www.retail-insight-network.com/news/newswalmart-expands-grocery-delivery-service-to-two-additional-markets-in-us-5906352 http://www.retail-insight-network.com/news/newswalmart-expands-grocery-delivery-service-to-two-additional-markets-in-us-5906352 US-based retailer Walmart is expanding its grocery delivery service to markets in Orlando, Florida; and Dallas, Texas. Mon, 21 Aug 2017 23:00:00 GMT JD.com and APICS partner to advance best practices in supply chain http://www.retail-insight-network.com/news/newsjdcom-apics-partner-to-advance-best-practices-in-supply-chain-5904204 http://www.retail-insight-network.com/news/newsjdcom-apics-partner-to-advance-best-practices-in-supply-chain-5904204 Chinese online retailer JD.com has signed a memorandum of understanding (MoU) with supply chain management association APICS to develop an omnichannel benchmark system, in order to advance best practices in the e-commerce industry. Sun, 20 Aug 2017 23:00:00 GMT Amazon to open new fulfilment centre next year in Bristol, UK http://www.retail-insight-network.com/news/newsamazon-to-open-new-fulfilment-centre-in-bristol-uk-next-year-5904191 http://www.retail-insight-network.com/news/newsamazon-to-open-new-fulfilment-centre-in-bristol-uk-next-year-5904191 US-based online retailer Amazon has revealed its plans to open a new warehouse in Bristol, UK, next year. Sun, 20 Aug 2017 23:00:00 GMT Supply Chain Insights launches new game to help workforce gain knowledge http://www.retail-insight-network.com/news/newssupply-chain-insights-launches-new-game-to-help-workforce-gain-knowledge-5903955 http://www.retail-insight-network.com/news/newssupply-chain-insights-launches-new-game-to-help-workforce-gain-knowledge-5903955 Research and advisory firm Supply Chain Insights has launched a new simulation game to enable businesses to understand market-driven supply chains. Thu, 17 Aug 2017 23:00:00 GMT Deals this week: Story-I Limited, Salem Partners, Vyze http://www.retail-insight-network.com/news/newsdeals-this-week-story-i-limited-salem-partners-vyze-5902214 http://www.retail-insight-network.com/news/newsdeals-this-week-story-i-limited-salem-partners-vyze-5902214 Story-I Limited has reached an agreement to acquire eStore Group’s business and assets. Thu, 17 Aug 2017 23:00:00 GMT BJ’s Wholesale Club selects First Insight solution to make buying choices http://www.retail-insight-network.com/news/newsbjs-wholesale-club-selects-first-insight-solution-to-make-buying-choices-5903911 http://www.retail-insight-network.com/news/newsbjs-wholesale-club-selects-first-insight-solution-to-make-buying-choices-5903911 US-based membership warehouse club chain BJ’s Wholesale Club has selected First Insight’s consumer-driven predictive analytics to make design and purchasing decisions on products offered in-store. Thu, 17 Aug 2017 23:00:00 GMT Ikea to open new store in Indianapolis this October http://www.retail-insight-network.com/news/newsikea-to-open-new-store-in-indianapolis-this-october-5903932 http://www.retail-insight-network.com/news/newsikea-to-open-new-store-in-indianapolis-this-october-5903932 Swedish furniture retailer Ikea is set to open a new 289,000ft² store in Indianapolis, US, in October. Thu, 17 Aug 2017 23:00:00 GMT M&As this week: Aurum, AppCard http://www.retail-insight-network.com/news/newsmas-this-week-aurum-appcard-5902216 http://www.retail-insight-network.com/news/newsmas-this-week-aurum-appcard-5902216 UK-based watch and jewellery retailer Aurum has agreed to acquire Mayor’s Jewelers, a subsidiary of Birks Group. Thu, 17 Aug 2017 23:00:00 GMT Indochino expands footprint in Philadelphia with new store opening http://www.retail-insight-network.com/news/newsindochino-expands-footprint-in-philadelphia-with-new-store-opening-5902669 http://www.retail-insight-network.com/news/newsindochino-expands-footprint-in-philadelphia-with-new-store-opening-5902669 Custom menswear company Indochino has expanded its footprint in Philadelphia, US, with the opening of a new store. Wed, 16 Aug 2017 23:00:00 GMT Jones Bootmaker closes nine stores across UK http://www.retail-insight-network.com/news/newsjones-bootmaker-closes-nine-stores-across-uk-5901694 http://www.retail-insight-network.com/news/newsjones-bootmaker-closes-nine-stores-across-uk-5901694 British footwear retailer Jones Bootmaker has closed nine stores following a business review. Wed, 16 Aug 2017 23:00:00 GMT Target expands essentials delivery service to two additional markets in US http://www.retail-insight-network.com/news/newstarget-expands-essentials-delivery-service-to-two-additional-markets-in-us-5902640 http://www.retail-insight-network.com/news/newstarget-expands-essentials-delivery-service-to-two-additional-markets-in-us-5902640 US-based discount retailer Target is expanding its new next-day essentials delivery service to two more markets. Wed, 16 Aug 2017 23:00:00 GMT Wilko Retail begins restructuring consultation process with around 4,000 staff http://www.retail-insight-network.com/news/newswilko-retail-begins-restructuring-consultation-process-with-around-4000-staff-5899891 http://www.retail-insight-network.com/news/newswilko-retail-begins-restructuring-consultation-process-with-around-4000-staff-5899891 UK homeware and household goods retailer Wilko Retail has initiated talks with around 4,000 staff as part of a restructuring process to streamline operations. Tue, 15 Aug 2017 23:00:00 GMT India’s Paytm Mall to invest to bring small retailers online http://www.retail-insight-network.com/news/newsindias-paytm-mall-to-invest-to-bring-small-retailers-online-5901524 http://www.retail-insight-network.com/news/newsindias-paytm-mall-to-invest-to-bring-small-retailers-online-5901524 India-based online shopping platform Paytm Mall is set to invest $5m in order to enable small merchants to open online stores. Tue, 15 Aug 2017 23:00:00 GMT Amazon rolls out ‘Instant Pickup’ points in US http://www.retail-insight-network.com/news/newsamazon-rolls-out-instant-pickup-points-in-us-5901487 http://www.retail-insight-network.com/news/newsamazon-rolls-out-instant-pickup-points-in-us-5901487 Online retailer Amazon has launched ‘Instant Pickup’ points in the US to ensure faster delivery to shoppers. Tue, 15 Aug 2017 23:00:00 GMT Aurum to acquire Mayor’s Jewelers for $104.6m http://www.retail-insight-network.com/news/newsaurum-holdings-to-acquire-mayors-jewelers-for-around-1046m-5899813 http://www.retail-insight-network.com/news/newsaurum-holdings-to-acquire-mayors-jewelers-for-around-1046m-5899813 UK-based watch and jewellery retailer Aurum has signed an agreement to acquire Birks Group subsidiary Mayor’s Jewelers for $104.6m. Mon, 14 Aug 2017 23:00:00 GMT