Aldi plans to open 70 stores in 2020 This will enable one of the world's largest grocery chains to become the third-largest food chain in the United States.
Coronavirus crisis has accelerated the Marks&Spencer reorganization program The British retailer plans to increase production by one year, which would typically take three years and is planning to reduce 950 jobs.
Pandemic opens new parking space rental opportunities for mall owners A new deal turns the parking spaces of some U.S. malls into car theaters to host virtual events and show movies.
These Breakthrough Brands are expected to transform the retail market. International agency Interbrand has presented a rating of brands of the future that could turn the idea of retailing around.
Victoria Beckham launches her own cosmetics brand British singer and designer Victoria Beckham has launched her lifestyle project for the American market.
Amazon created smart shopping carts for stores The online retailer has introduced smart Dash Carts, which recognize products and automatically charge money from the customer's card.
Nike opens its store of the future with a new concept Nike has announced the opening of the first concept store of its kind in China in the new Nike Rise format.
Japanese brand Muji has filed for bankruptcy The company, famous for its no-logo policy, will restructure its business and bet on online sales.
Chain of budget coffee shops Cofix is opening first stores in Europe and America The coffee chain from Israel opens its first representative office in Europe and Brazil.
Walmart launches its subscription service Following the announcement of the launch of a subscription service worth less than $100 per year, retail network shares increased by 7%.
H&M is closing 170 stores as a result of its losses The Swedish fashion retailer has decided to adjust its global retail network against the backdrop of the recent crisis.
New IKEA’s technologies will help redesign apartments and furniture The new, innovative website will be a playground for anyone who wants to experiment with the design of their homes.