Publication: Retail Business Review

First reported 4 hours ago - Updated 34 mins ago - 1 reports

Office Depot to cut 1,100 European jobs

Office Depot is seeking to reduce its workforce by eliminating about 1,100 European jobs as part of its restructuring plans to focus more on business channels rather than geographic markets.With this, the US-based retailer is seeking to save $90m a year ... [Published Retail Business Review - 4 hours ago]
First reported 4 hours ago - Updated 4 hours ago - 1 reports

Amazon to hire 80,000 seasonal associates during holiday season

Online retail giant Amazon.com is creating 80,000 seasonal positions across its US network of fulfillment and sortation centres this holiday season in order to meet an increase in customer demand.With more than 50 fulfillment centres in the US currently, ... [Published Retail Business Review - 4 hours ago]
First reported Oct 17 2014 - Updated Oct 18 2014 - 1 reports

Retail sales index for August 2014

Retail sales (seasonally adjusted) increased 5.3% in August 2014 over the previous month. Excluding motor vehicles, retail sales rose 3.5%.Compared to August 2013, retail sales increased 5.4% in August 2014. Excluding motor vehicles, retail sales decreased ... [Published Retail Business Review - Oct 17 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

Ikea to open first store in Indonesia

Ikea, the world’s biggest furniture seller, will open its first store in Indonesia in Serpong, Tangerang by end of this year.The store will be managed by PT Hero Supermarket Tbk, the franchisee for IKEA in Indonesia. It will stock about 7,000 items, both ... [Published Retail Business Review - Oct 17 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

Carrefour Brazil opens first Supeco store in São Paulo

Retail giant Carrefour Brazil has unveiled its first retail outlet under the Supeco banner in Sorocaba, in São Paulo.This new format store is managed by Atacadão, a Brazilian wholesale hypermarket. It stocks nearly 2500 everyday products and was especially ... [Published Retail Business Review - Oct 17 2014]
First reported Oct 16 2014 - Updated Oct 16 2014 - 1 reports

Costco Wholesale to open online store in mainland China

US retailer Costco Wholesale has entered into a deal with Tmall, the online marketplace for Alibaba Group, to open an online store serving customers in mainland China.The warehouse club operator said the online store would retail branded products, which ... [Published Retail Business Review - Oct 16 2014]
First reported Oct 16 2014 - Updated Oct 16 2014 - 1 reports

Ikea plans $760m investment in French market

Ikea, the world’s biggest furniture retailer, has outlined plans to open seven new stores and renovate two of its existing outlets in France, with an estimated outlay of $760m by 2017.Expected to create 1,300 jobs, the retailer believes the new investment ... [Published Retail Business Review - Oct 16 2014]
First reported Oct 15 2014 - Updated Oct 16 2014 - 1 reports

Google expands home delivery service

Google is expanding its home delivery service namely, Google Express, (rebranded from Google Shopping Express) into Boston, Chicago and Washington DC, in response to mounting competition with Amazon.Previously, the retailer served the San Francisco Bay ... [Published Retail Business Review - Oct 15 2014]
First reported Oct 15 2014 - Updated Oct 15 2014 - 1 reports

Burberry first half trading update

Burberry today announces revenue of £1.1bn with 14% underlying growth, reflecting a strong performance across all regions and continued digital growth.September also saw the successful launch of the My Burberry fragrance.Highlights for the six months ... [Published Retail Business Review - Oct 15 2014]
First reported Oct 15 2014 - Updated Oct 15 2014 - 1 reports

ALCO stores commences voluntary chapter 11 proceeding

ALCO Stores today announced that the Company and its subsidiary, ALCO Holdings, Limited Liability Company, filed on October 12, 2014 (the "Petition Date") voluntary petitions for relief (the "Chapter 11 Petitions") in the U.S. Bankruptcy Court for the ... [Published Retail Business Review - Oct 15 2014]
First reported Oct 14 2014 - Updated Oct 14 2014 - 1 reports

UK retail sales down in September: BRC-KPMG

Retail sales in the UK were down by 2.1% on a like-for-like basis in September, as against same period last year, when they had increased 0.7%.On a total basis, sales were down 0.8%, against a 2.4% rise in September 2013, according to the latest report ... [Published Retail Business Review - Oct 14 2014]
First reported Oct 14 2014 - Updated Oct 14 2014 - 1 reports

WEST ELM to open store in El Paso feauturing local makers

Home furnishings retailer West Elm announced today that it will open a new retail store in El Paso, Texas on Thursday, October 16th, 2014 at 9am.Located in The Promenade of The Fountains at Farah, the more than 22,000 square foot store will feature a ... [Published Retail Business Review - Oct 14 2014]

Quotes

Amazon North America operations vice president Mike Roth said: "So far this year, we have converted more than 10,000 seasonal employees in the U S into regular, full-time roles and we're looking forward to converting thousands more across our growing network of fulfillment and sortation centers after this holiday season."
Ikea Indonesia general manager Mark Magee told The Jakarta Post that: "Indonesia has been a booming economy for the last ten years. We judge now is the time when there are enough customers coming into the middle-class bracket who can afford to shop at Ikea."
Costco executive vice president Jim Murphy said: "Costco sees tremendous growth opportunities in China, especially in light of Chinese consumers' increasing appetite for imported products."
Ikea's chief executive for France, Stefan Vanoverbeke was quoted by Reuters as saying that: "We are starting to review the feasibility of opening a store inside Paris. The project is really at an early stage as we ponder logistics and store size."

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All (59) | News (59) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Amazon to hire 80,000 seasonal associates durin... [Published Retail Business Review - 4 hours ago]
Office Depot to cut 1,100 European jobs [Published Retail Business Review - 4 hours ago]
Ikea to open first store in Indonesia [Published Retail Business Review - Oct 17 2014]
Carrefour Brazil opens first Supeco store in Sã... [Published Retail Business Review - Oct 17 2014]
Retail sales index for August 2014 [Published Retail Business Review - Oct 17 2014]
Costco Wholesale to open online store in mainla... [Published Retail Business Review - Oct 16 2014]
Ikea plans $760m investment in French market [Published Retail Business Review - Oct 16 2014]
ALCO stores commences voluntary chapter 11 proc... [Published Retail Business Review - Oct 15 2014]
Burberry first half trading update [Published Retail Business Review - Oct 15 2014]
Google expands home delivery service [Published Retail Business Review - Oct 15 2014]
UK retail sales down in September: BRC-KPMG [Published Retail Business Review - Oct 14 2014]
WEST ELM to open store in El Paso feauturing lo... [Published Retail Business Review - Oct 14 2014]
Kmart stores hit by data breach [Published Retail Business Review - Oct 13 2014]
Metro to sell Cash & Carry business in Denmark ... [Published Retail Business Review - Oct 13 2014]
Amazon poised to open first physical store [Published Retail Business Review - Oct 10 2014]
Joe’s Jeans reports 79% increase in net sales t... [Published Retail Business Review - Oct 10 2014]
GoDaddy and Spree commerce partner for launch o... [Published Retail Business Review - Oct 10 2014]
Aldi makes further inroads into Australia [Published Retail Business Review - Oct 10 2014]
Amazon reportedly in talks to buy Jabong in India [Published Retail Business Review - Oct 10 2014]
New Zealand retail spending down in September [Published Retail Business Review - Oct 09 2014]
Loblaw completes sale of 16 properties to Choic... [Published Retail Business Review - Oct 09 2014]
Major retailers to adopt new mobile payment sol... [Published Retail Business Review - Oct 08 2014]
European Commission probes Amazon's tax deal wi... [Published Retail Business Review - Oct 08 2014]
The Container Store announces second quarter 20... [Published Retail Business Review - Oct 07 2014]
Marks & Spencer launches new maternity brand [Published Retail Business Review - Oct 07 2014]
Levi Strauss & Co. announces third-quarter 2014... [Published Retail Business Review - Oct 07 2014]
Jimmy Choo seeks to raise £175m in London IPO [Published Retail Business Review - Oct 07 2014]
Kroger ratifies agreements with UFCW Local 75 f... [Published Retail Business Review - Oct 06 2014]
Dry Goods to open first location in Indiana [Published Retail Business Review - Oct 06 2014]
Tesco to open 300 convenience stores in India [Published Retail Business Review - Oct 06 2014]
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