Adidas records 27% growth in first-quarter revenues
Adidas' direct-to-consumer (DTC) revenues and e-commerce sales primarily contributed to this growth, with e-commerce sales rising by 43%. The revenue…
All articles by Divya Tirumalaraju
Divya Tirumalaraju
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Asda introduces sustainable vans to deliver grocery
UK-based supermarket chain Asda has launched its first fleet of new delivery vans intended to reduce carbon emissions and the…
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Alibaba and Fung Retailing to boost international lifestyle brands in China
Alibaba Group has formed a strategic alliance with Hong Kong-based Fung Group’s retail arm to bolster the in-store and online…
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Supermarket chain Schnucks to acquire 19 Shop ‘n Save outlets
Supermarket chain Schnuck Markets has signed an agreement to buy 19 Shop ‘n Save stores from US-based retailing company Supervalu.…
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Feelunique to launch on Chinese e-commerce platform Secoo
European online beauty retailer Feelunique has entered a partnership to launch a Chinese e-commerce platform Secoo. Scheduled to be launched…
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Macy’s partners with Facebook to bring 150 e-commerce brands to stores
American department store chain Macy’s has entered a partnership with social media site Facebook to bring approximately 150 e-commerce brands…
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UK motor retailing business Lookers to purchase Jennings Motor Group
Lookers has reached an agreement to acquire Jennings Motor Group to further expand its motor retailing business. The acquisition will…
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UK retailer Waitrose to phase out single-use plastic bags by March 2019
British supermarket chain Waitrose & Partners has decided to phase out single-use plastic bags from its loose fruit and vegetable…
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Lithuanian retailer Maxima Grupė secures investment from EBRD
Lithuanian retailer Maxima Grupė has secured €40m investment from the European Bank for Reconstruction and Development (EBRD) for its €300m…
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India’s ABFRL taps IBM automation tech to gain operational efficiency
India’s Aditya Birla Fashion and Retail Ltd (ABFRL) has expanded its existing relationship with tech giant IBM with a strategic…