Latest International News - Inside Retail Asia

Google Corporate Headquarters And Logo

First Google flagship store planned for Chicago

A two-storey Google flagship store is planned for Chicago’s Fulton Market area, known locally as the meatpacking district.

Walmart shopping cart

Walmart sales boom, but bottom line result underwhelms

Walmart sales in the US rose at the strongest rate in more than a decade during the latest quarter.

Best Buy

Surprise Best Buy acquisition of GreatCall ‘logical evolution’

Neil Saunders, MD of GlobalData Retail, describes Best Buy acquisition as “a logical evolution” for the company.

HONG KONG - JANUARY 27, 2016: design of Kate Spade store at Elements Shopping Mall. Kate Spade New Y

Coach drives Tapestry growth, while Stuart Weitzman, Kate Spade falter

Tapestry growth continues to be boosted by the inclusion of Kate Spade data, masking the company’s true performance.

House-of-Fraser-China-LinkedIn

Chinese owner Nanjing Cenbest loses House of Fraser

House of Fraser’s rescue deal leaves Nanjing Cenbest – which brokered the failed C.banner International investment – with nothing.

Canada Goose logo

China costs hurt Canada Goose’s bottom line

Luxury apparel retailer Canada Goose has posted a significant first-quarter loss, partly attributable to costs of the firm’s expansion into China.

Merger cancel

Albertsons and Rite Aid cancel planned merger

US retailers Albertsons and Rite Aid have called off their merger plans.

Ikea logo

Ikea India faces tough challenge to gain critical mass

Ikea India opens its first store today, in the city of Hyderabad.

Entrance To Whole Foods Market Store In Downtown Dallas, Texas, Usa

Whole Foods offers 30 minute online pickup

Amazon focuses on fresh food offer.

Brookstone Retail Store Sign

Brookstone files for bankruptcy – again

Quirky gadget retailer Brookstone has filed for Chapter 11 bankruptcy protection – for the second time.

Toys R Us

Fung Retailing may be forced to sell Toys R Us stake

Creditors of collapsed Toys R Us are trying to force Fung Group to sell its stake in the profitable Asian subsidiary.

JambaJuice

Jamba Juice sale may lead to international expansion

Last week’s Jamba sale could see the US juice retailer expand its international operations.

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