Alibaba Group profits up in Q1
Chinese e-commerce company Alibaba Group reported a surge in first-quarter profit, aided by strong revenue growth.Results were driven by its…
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Best Buy profits down in Q2
Consumer electronics retailer Best Buy said its profits for the second quarter declined from the prior year, as revenues dropped…
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UK retail sales surge in the year to August 2014: CBI
British retail sales grew strongly in the year to August 2014, and are expected to increase next month, according to…
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Nordstrom launches new shopping platform for customers
Nordstrom, a US-based department store operator has partnered with Curalate to launch Like2Buy platform to create a more seamless shopping…
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Carrefour to launch first outlet inside Dubai Metro station
Carrefour has unveiled plans to open its first ever outlet inside a Dubai Metro station, at Union Square this year.This…
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Canada retail sales rose $42.6bn in June: Statistics Canada
Canadian retail sales surged for the sixth straight month, by a stronger-than-expected 1.1% to $42.6bn, according to a data released…
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Gap expands presence in India, announces 40 stores
American apparel retailer Gap is planning a major expansion in India in partnership with Arvind Lifestyle Brand Ltd, its long…
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Amazon steps up presence in China, signs MoU with free trade zone
Amazon has partnered with Shanghai Free Trade Zone to boost its online offerings as well as sell a wider range…
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Gordmans Stores appoints new CEO
Gordmans Stores, an Omaha-based apparel and home decor retailer, appointed Andrew Hall as president and chief executive officer, effective 19…
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Retail footfall down by 0.6% in July: BRC, Springboard
Retail footfall in July was 0.6% lower than a year ago, up on the 0.7% fall in June, according to…