Multi-channel & Online Retailing Industry News

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Retail giant Walmart Stores net sales rise in Q1

18 May 2012 | By RBR Staff Writer

Retail giant Walmart Stores has reporter an 8.6% increase in net sales to $112.3bn in the first quarter (Q1) of fiscal 2013, compared to $103.4bn in the same a year ago.
General Retailers > Multi-channel & Online Retailing > News

Retail major Sears Holdings revenues decrease in first quarter

18 May 2012 | By RBR Staff Writer

American retail conglomerate Sears Holdings has reported a $270m decrease in revenues to $9.3bn in the first quarter ended28 April 2012, compared to the same quarter a year ago.
General Retailers > Multi-channel & Online Retailing > News

US retailer Bidz.com signs agreement to go private

18 May 2012 | By RBR Staff Writer

Online jewelry retailer Bidz.com will be taken private by Glendon Group, valuing the company at about $14.3m. The retailer has entered into a definitive merger agreement with Glendon Group.
General Retailers > Multi-channel & Online Retailing > News

Chinese retailer Shangpin.com to sell American fashion brands

17 May 2012 | By RBR Staff Writer

China-based fashion items and luxury goods retailer Shangpin.com gets authorization to begin selling the collections of some of American fashion brands and designers.
General Retailers > Multi-channel & Online Retailing > News

Carrefour launches Mon Panier mobile shopping service

17 May 2012 | By RBR Staff Writer

French retail major Carrefour’s convenience store arm, Carrefour City, has launched a mobile grocery shopping service based on retail NFC and contactless specialist Airtag's Airshop solution.
General Retailers > Multi-channel & Online Retailing > News

Chilean retailer Cencosud net profit dips 17% in first quarter

16 May 2012 | By RBR Staff Writer

Cencosud, a Chile-based supermarket and department store chain, has reported a 17% decline in net profit to CLP56.88bn ($113.87m) in the first quarter, as the firm's financial costs increased after the acquisition of retail chain Johnson's in Chile and Prezunic supermarkets in Brazil.
General Retailers > Multi-channel & Online Retailing > News

Maxima selects Galleria solutions to optimize merchandising strategy

16 May 2012 | By RBR Staff Writer

Lithuanian retailer Maxima Grupe has selected retail and category optimization solutions provider Galleria Retail Technology Solutions to automate and optimize its merchandising strategy.
General Retailers > Multi-channel & Online Retailing > News

Russian food retailer Dixy profit surges in 2011

15 May 2012 | By RBR Staff Writer

Russian food retailer Dixy has posted a staggering 327.3% growth in roubles terms to RUB1.10bn ($36.25m) in 2011, compared to RUB258m ($8.50m) in the previous year.
General Retailers > Multi-channel & Online Retailing > News

British retailer Schuh launches French site

15 May 2012 | By RBR Staff Writer

UK-based footwear retailer Schuh is entering into the European marketplace this week with the launch of a French site, www.fr.schuh.eu, which replicates the original website.
General Retailers > Multi-channel & Online Retailing > News

G-7 Holdings to tie up with retail major City Mart in Myanmar

15 May 2012 | By RBR Staff Writer

Japanese supermarket and discount food store networks operator G-7 Holdings plans to partner with retail major City Mart Holding for the production and marketing of agricultural products in Myanmar.
General Retailers > Multi-channel & Online Retailing > News

Specialty retailer Lucy's Market launches new website

14 May 2012 | By RBR Staff Writer

Lucy’s Market, a US-based specialty goods retailer, has launched its new website, www.lucysmarket.com.
General Retailers > Multi-channel & Online Retailing > News

French group Lagardère sales down 12.5% in Q1

11 May 2012 | By RBR Staff Writer

Lagardère Group, a French multination conglomerate and operator of LS Travel Retail, has posted sales of €1,579m in the first quarter (Q1) of 2012, down 12.5% from €1,805m in the same quarter of 2011.
General Retailers > Multi-channel & Online Retailing > News

Indian firm Yehbi.com acquires fashion retailer Stylishyou.in

11 May 2012 | By RBR Staff Writer

Indian e-Commerce firm Yebhi.com has acquired online fashion retailer Stylishyou.in for an undisclosed sum, in a cash and stock deal.
General Retailers > Multi-channel & Online Retailing > News

US retailer QVC names Steve Hofmann as CEO of European operations

11 May 2012 | By RBR Staff Writer

US-based video and e-Commerce retailer QVC has promoted the head of its Italian operation, Steve Hofmann, to the post of CEO of QVC Europe. Hofmann will report to QVC president and CEO Mike George.
General Retailers > Multi-channel & Online Retailing > News

British retailer Shop Direct plans to close two call centres

10 May 2012 | By RBR Staff Writer

UK-based online home shopping retailer Shop Direct plans to close two of its four call centres and switch some of the work overseas.
General Retailers > Multi-channel & Online Retailing > News