North America – Page 9
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News
Primark's US stores could boost growth by up to 70%
Primark’s planned foray into the US could boost the value retailer’s growth by between 50% and 70%, management believe.
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News
US variety store chain Dollar Tree agrees $8.5bn deal for rival Family Dollar
US variety store chain Family Dollar has agreed to a big money merger with rival retailer Dollar Tree despite receiving a higher offer from another rival.
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News
Morrisons chief executive front-runner Ian McLeod takes up new role in US
A front-runner tipped to become the new Morrisons chief executive, Wesfamers’ Ian McLeod, has instead taken up a role in the US.
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Analysis
International news analysis: As it leaves Canada, what's next for Target?
Target has recently announced that it will close all of its Canadian stores – what prompted the decision and is it the right one?
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News
Target to close struggling Canadian operation after two years
US discount retailer Target is closing its loss-making Canadian operation in a move that puts 17,600 jobs at risk.
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News
Neiman Marcus installs in-store interactive retail tables
US department store operator Neiman Marcus has partnered with tech firm T1Visions to install interactive retail tables in three of its stores.
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News
Wet Seal closes 338 stores and could seek bankruptcy protection
US fashion retailer Wet Seal closed 338 of its stores this week, resulting in the termination of 3,695 full and part-time roles.
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News
Signet’s UK division is Christmas star as like-for-likes climb
Anglo-American jewellery retail giant Signet has reported an “outstanding” Christmas at its UK division, which includes H Samuel.
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News
Breakfast briefing: Retail news on Morrisons, Signet and Irish sales
Retail news round-up on January 9, 2015: Morrisons to sponsor Great North Run, Signet posts Christmas sales rise, Irish retail sales edge up in November.
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Opinion
Comment: The retail industry’s share price sparklers of 2014
Why Tesco investors might take comfort from the strong share price performance last year of Signet, Dixons Carphone and WHSmith.
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News
EBay partners with Californian shopping mall on interactive directory
EBay has partnered with a shopping mall in Palo Alto to create an interactive directory that improves customers’ shopping experience.
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News
Amazon installs more than 15,000 robots in its US fulfilment centres
Amazon has installed more than 15,000 robots to speed up distribution across 10 of its next-generation fulfilment centres in the US.
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News
Graze books £20m run rate in first year of US operations
Online healthy snack retailer Graze.com has achieved a run rate of more than £20m in its first year of US operations.
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News
Aldi steps up US expansion with Bottom Dollar acquisition
Aldi has acquired all 66 stores of Delhaize Group’s Bottom Dollar chain as part of ambitious expansion plans in the east of the US.
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News
Video: Lowe’s to introduce robot staff to transform customer experience
US home improvement giant Lowe’s has developed robot shop assistants that it is piloting in one of its hardware stores.
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News
Breakfast briefing: Retail news on Amazon, Apple and H&M
Retail news round-up on October 24, 2014: Amazon posts third-quarter loss; Apple to open 15 stores in China; H&M celebrates 10 years of designer collaborations
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Opinion
Comment: Walmart realigns forecasts as aggressive expansion comes to end
Walmart’s annual investors’ meeting last week was a solemn affair as the world’s largest retailer realigned its growth predictions.
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News
JC Penney shares crash after soft September sales mar turnaround plan reveal
The reaction to the unveiling of JC Penney’s turnaround plan was marred by a revelation that third quarter sales had softened which led to its share price crashing.
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Opinion
Comment: Walmart’s GoBank deal isn’t really about banking
Walmart’s decade-old aspiration to start its own bank just got a boost, with the roll-out of GoBank, a free mobile checking account, in partnership with Green Dot.
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News
Walmart and Best Buy spurn Apple Pay for retailer-backed alternative
US retail giants Walmart and Best Buy have both signalled that they will not adopt Apple Pay, the near-field communication payment method unveiled as part of the iPhone 6 launch.