North America – Page 4
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Analysis
View from NRF Big Show: Vertical farming, retail robotics and frictionless stores
Close to 1,000 retail tech companies from all over the world descended on the NRF Big Show in New York this week, showcasing innovations in every aspect in retail. Here is Retail Week’s round-up of just a few pieces of technology that could make an impact.
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News
WHSmith shareholders back $400m US deal
WHSmith investors have formally backed the retailer’s $400m takeover of US giant Marshall Retail Group (MRG).
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Analysis
Analysis: Kylie Cosmetics – has Coty paid $600m for 170 million Instagram followers?
Global beauty company Coty acquired a 51% stake in celebrity superstar Kylie Jenner’s cosmetics company for a cool $600m this week.
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News
Watches of Switzerland boss targets US expansion after IPO
The boss of Watches of Switzerland has said the US offers “more potential” for growth, following the business’ float on the London Stock Exchange this morning.
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News
Ocado boss: Kroger will be number one in ecommerce
Ocado boss Tim Steiner believes its partnership with Kroger will transform the American grocer into “the number one player in ecommerce in the US”.
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Gallery
In pictures: The RealReal opens new format on Madison Avenue
Luxury consignment business The RealReal has opened a new format, which focuses on expert services, on Madison Avenue, New York.
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Analysis
What can we learn from Sears’ demise?
Sears’ collapse into Chapter 11 bankruptcy protection may have been looming for a while, but it nevertheless led to sharp intakes of breath.
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Opinion
Opinion: Don’t write off Lidl’s US expansion just yet
There is very often a perverse sense of glee when a foreign entrant into a retail sector stumbles, or even falls entirely.
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Analysis
Inspiration from overseas: Fantastic fulfilment
From lockers to drive-thru collection, fulfilment is a hotbed of innovation. We look at some of the most inventive solutions from around the world.
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Opinion
Opinion: Investors right to climb aboard the Ocado bus
“A global player for solutions in grocery retail” – that was the bold vision Ocado boss Tim Steiner mapped out for his business in 2014.
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News
Ocado partners with Canadian grocery giant Sobeys
Ocado has penned its second major international deal after joining forces with Canadian grocery giant Sobeys to create an online food business.
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Analysis
Five lessons from the US for UK department stores
With Christmas sales ringing alarm bells for department stores, we examine how US operators are facing up to the numerous challenges for the format.
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News
Toys R Us hires lawyers to explore US restructuring
Toys R Us in the US has hired lawyers to explore restructuring options ranging from bankruptcy to raising financing and restructuring debt.
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News
Amazon squares up to Instagram with Spark launch
Amazon has launched a shoppable feed of photos and stories within its mobile app, designed to drive purchases by its Prime members.
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Opinion
Opinion: McDonald’s lessons on Brexit and retail
The latest canard from Brexit Secretary David Davis is that the fear of any of the other 27 countries following the UK’s suit and leaving the EU is “without foundation”.
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Data
Data: Ranking the world’s top 10 retail hotspots
London has been named Europe’s most sought-after destination for international retailers looking to grow their store footprints.
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News
Sports Direct increases stakes in US businesses
Sports Direct has upped its investments in Umbro-owner Iconix Brand Group and retailer Finish Line.
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News
Live webinar: Creating a global footprint
Find out how to establish an international presence in the world’s emerging online marketplaces by signing up to Retail Week’s free interactive webinar on May 24.
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Analysis
Agenda: Zalando and Supergroup update the market
Retail Week looks ahead to the next seven days, with updates from Zalando and Supergroup on the agenda.
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News
Apple suffers surprise decline in iPhone sales
Technology giant Apple narrowly missed sales forecasts following an unexpected decline in iPhone sales during its second quarter.