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Amazon Set To Open Department Stores?

Amazon is reportedly set to continue expanding its presence in the physical retail space with the opening of compact department stores in the US. According...

J&J Appoints New CEO

Johnson & Johnson has announced the appointment of Joaquin Duato as its new Chief Executive Officer, effective 3 January 2022. Duato, currently Vice Chairman of...

Toys ‘R’ Us Announces Major Tie-Up With Macy’s

Toys ‘R’ Us continues to make its way back to the big time, this time with a major new deal with the Macy’s chain. The...

Ahold Delhaize In New Peapod Accelerator For Diverse-owned Suppliers

Ahold Delhaize has launched a new Accelerator in the US via its Peapod Digital Labs unit, aimed at diverse-owned suppliers. The group said the Accelerator is designed...

Amazon Overtakes Walmart Globally?

Amazon has moved past Walmart in the global online retail sales index, according to a new report by the New York Times. The paper, which...

India Quietly Readies an Amazon Slayer – Open E-Commerce

New Delhi is closing another door that would allow US tech giants a chance to do business in the last billion-people consumer market still...

Walmart Raises FY Forecast After Strong Q2

Walmart has raised its profit forecast for the full fiscal year after reporting better-than-expected results in its second quarter, helped by increased shopper traffic...

Russian Discounter Planning UK Recruitment Drive And Move Into The US

MERE, the Russian food discounter that will open its first store in the UK this Saturday, is on the hunt for buyers and store...

Carrefour Considering Sale Of Operations In Taiwan

Carrefour is reportedly planning to launch a sale of its business in Taiwan that could raise around €1.6bn. According to sources quoted by Reuters, Europe’s...

Ahold Delhaize Raises Full-Year Profit Guidance After Solid Quarter

Ahold Delhaize, the operator of grocery stores across Europe and the US, has reported better-than-expected second-quarter profits despite the positive impact of the pandemic...

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