North America – Page 4
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NewsWalmart posts ‘strong’ sales growth driven by omnichannel model
US retail giant Walmart has reported “strong” revenue growth in its fourth quarter as consumers shopped both in-store and online and ecommerce sales surpassed $1bn (£790m).
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NewsLevi’s sees ‘nothing but opportunity’ in Asia as it eyes expansion
Levi’s president Michelle Gass has said there is “nothing but opportunity” in Asia for the fashion giant as she outlined its international expansion plans at Retail’s Big Show in New York this weekend.
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NewsBirkenstock sets New York IPO price tag
German footwear retailer Birkenstock has set an IPO price of $46 per share as it prepares to float on the New York Stock Exchange.
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NewsExclusive: Fat Face expands into Canada with three new stores
Fashion retailer Fat Face has made its Canada debut with the opening of three new stores and six more planned for later this year, Retail Week can reveal.
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NewsAbercrombie & Fitch raises profit guidance as it delivers strong sales
Abercrombie & Fitch has increased its profit guidance after achieving ‘decade-high’ first-quarter sales.
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GalleryStore gallery: Whole Foods Market’s new store in iconic New York building
Whole Foods Market has opened a store in one of New York’s most famous buildings, showcasing local products and catering to the district’s well-heeled clientele.
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AnalysisPrimark - more cheer than fear despite tough times to come
Primark parent ABF’s John Bason looks forward to a post-Covid Christmas, a bolstered digital presence and the opportunities that a new strategic board can help realise – even as margins fall in punishing market conditions
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NewsMarks & Spencer rolls out Sparks loyalty scheme internationally
Marks & Spencer is launching its Sparks loyalty programme into big overseas markets including India and the US.
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NewsUS grocery giant Kroger in talks to buy rival Albertsons
America’s largest supermarket operator Kroger is in talks to buy rival Albertsons, with a deal expected to be announced as soon as early as today.
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GalleryIn pictures: Amazon, Lego and Ikea – the top 10 store openings of 2021
Retail Week speaks to a panel of industry experts to determine which executives will be in charge of the UK’s biggest retailers in the next five years.
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NewsRevolution Beauty losses widen as it plans extensive US expansion
Beauty retailer Revolution Beauty reported widening losses as it unveiled plans to extend its reach in the US retail market.
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OpinionWorldview: Walmart and Target prove the doomsters wrong on future of stores
When the pandemic shut stores across the US in early 2020, it did not take long for a chorus of doomsters to predict that the end was nigh for physical retail.
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AnalysisWorldview: Key lessons from the USA’s retail sales rebound
Judging by some of the latest data on retail sales, which rose by over 30% in March, the US retail sector has not so much emerged from the pandemic into the sunlit uplands as come forth into a blazing heatwave.
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AnalysisWorldview: How Swarovski and Grocery Neighbour are reinventing the store
The Covid-19 pandemic is magnifying the need for retailers to rethink how physical space is used in the future.
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GalleryIn pictures: New stores that brought the wow factor in lockdown year
2020 may be more synonymous with shuttered stores but it did bring us some eye-catching new shops. Retail Week rounds up some of the best to whet your appetite
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NewsBoden profits fall amid major investments in online and fulfillment
Boden reported a drop in profits for 2019, as it invested more in its online offerings and fulfilment capabilities, with a particular focus on the US.
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NewsWalmart and Microsoft join forces on TikTok bid
Walmart has joined forces with Microsoft to launch a multibillion-dollar bid for TikTok’s US business.
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NewsRent the Runway to close all stores to focus on ecommerce
Clothing rental business Rent the Runway has decided not to reopen its five bricks-and-mortar stores in the USA due to the Covid-19 pandemic and will focus instead on ecommerce.
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OpinionOpinion: Walmart is right – head offices must be an asset, not a burden
Retailers the world over have already had to make some huge strategic calls in their short-term responses to the coronavirus crisis.
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NewsWalmart presses ahead with new HQ plan despite Covid-19 crisis
Walmart is pressing ahead with plans to launch its new headquarters despite the switch to remote working sparked by the coronavirus crisis.