North America – Page 6
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NewsWHSmith shareholders back $400m US deal
WHSmith investors have formally backed the retailer’s $400m takeover of US giant Marshall Retail Group (MRG).
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AnalysisAnalysis: Kylie Cosmetics – has Coty paid $600m for 170 million Instagram followers?
Global beauty company Coty acquired a 51% stake in celebrity superstar Kylie Jenner’s cosmetics company for a cool $600m this week.
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NewsWatches of Switzerland boss targets US expansion after IPO
The boss of Watches of Switzerland has said the US offers “more potential” for growth, following the business’ float on the London Stock Exchange this morning.
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NewsOcado boss: Kroger will be number one in ecommerce
Ocado boss Tim Steiner believes its partnership with Kroger will transform the American grocer into “the number one player in ecommerce in the US”.
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GalleryIn pictures: The RealReal opens new format on Madison Avenue
Luxury consignment business The RealReal has opened a new format, which focuses on expert services, on Madison Avenue, New York.
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AnalysisWhat can we learn from Sears’ demise?
Sears’ collapse into Chapter 11 bankruptcy protection may have been looming for a while, but it nevertheless led to sharp intakes of breath.
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OpinionOpinion: Don’t write off Lidl’s US expansion just yet
There is very often a perverse sense of glee when a foreign entrant into a retail sector stumbles, or even falls entirely.
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AnalysisInspiration from overseas: Fantastic fulfilment
From lockers to drive-thru collection, fulfilment is a hotbed of innovation. We look at some of the most inventive solutions from around the world.
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OpinionOpinion: Investors right to climb aboard the Ocado bus
“A global player for solutions in grocery retail” – that was the bold vision Ocado boss Tim Steiner mapped out for his business in 2014.
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NewsOcado partners with Canadian grocery giant Sobeys
Ocado has penned its second major international deal after joining forces with Canadian grocery giant Sobeys to create an online food business.
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AnalysisFive lessons from the US for UK department stores
With Christmas sales ringing alarm bells for department stores, we examine how US operators are facing up to the numerous challenges for the format.
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NewsToys R Us hires lawyers to explore US restructuring
Toys R Us in the US has hired lawyers to explore restructuring options ranging from bankruptcy to raising financing and restructuring debt.
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NewsAmazon squares up to Instagram with Spark launch
Amazon has launched a shoppable feed of photos and stories within its mobile app, designed to drive purchases by its Prime members.
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OpinionOpinion: McDonald’s lessons on Brexit and retail
The latest canard from Brexit Secretary David Davis is that the fear of any of the other 27 countries following the UK’s suit and leaving the EU is “without foundation”.
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DataData: Ranking the world’s top 10 retail hotspots
London has been named Europe’s most sought-after destination for international retailers looking to grow their store footprints.
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NewsSports Direct increases stakes in US businesses
Sports Direct has upped its investments in Umbro-owner Iconix Brand Group and retailer Finish Line.
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NewsLive webinar: Creating a global footprint
Find out how to establish an international presence in the world’s emerging online marketplaces by signing up to Retail Week’s free interactive webinar on May 24.
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AnalysisAgenda: Zalando and Supergroup update the market
Retail Week looks ahead to the next seven days, with updates from Zalando and Supergroup on the agenda.
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NewsApple suffers surprise decline in iPhone sales
Technology giant Apple narrowly missed sales forecasts following an unexpected decline in iPhone sales during its second quarter.
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NewsFashion etailer Hope to crowdfund expansion finance
Hope, the fledgling fashion etailer and brand founded by former Marks & Spencer stores director Nayna McIntosh, has launched a crowdfunding campaign to finance expansion.