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By Brian Numainville | Brian Numainville and Doug Madenberg of Retail Feedback Group share retail stories/news. @retailfeedback and @bnumainville
The last time the companies run by Jeff Bezos and Marc Lore squared off, there were fireworks. We’re about to see what happens the second time around.
The first time, Amazon instigated a pricing war with Lore’s company, Diapers.com, ultimately pressuring it into a $550 million sale to Amazon. It …Amazon
A tech upgrade is needed for speedier service
McDonald’s and Yum Brands’ KFC have each recently unveiled plans to tinker with mobile payments in China, a move to lure the nation’s hundreds of millions smartphone users that increasingly use those devices for their day-to-day needs.
Mobile payment …Asia
American Apparel will close underperforming stores and cut jobs as part of a $30 million cost-cutting strategy to turn its floundering business around.
The company said Monday it will aim to add new stores in more profitable markets while closing stores in "unprofitable and over-saturated markets." …American Apparel
Starbucks Corp. said it would raise prices for some of its coffee beverages by 5 to 20 cents in the United States starting Tuesday.
Starbucks, however, will leave the prices of some popular beverages such as the Grande Brewed Coffee and the Frappuccino unchanged in most U.S. outlets, it said on …Starbucks
Amazon.com appears to be taking small steps to develop its drone delivery program and doing so from backyards in its hometown of Seattle.
On Thursday, one observer tweeted that the online retailing giant would be scoping out his property for its Amazon Prime Air program next week.
“Amazon is coming …Amazon
Why do some brands disappear while others maintain their customer acceptance? Once high flyers, Benetton, Levi, Aeropostale, and Abercrombie & Fitch have all given way to newcomers such as H&M, Zara, and Urban Outfitters.
One reason this happens is because iconic brands remain true to their original …Abercrombie & Fitch
Urban Outfitters' high prices have ignited a fury on social media and sparked a viral, hilarious social media campaign with a trending hashtag.
The campaign began after one user posted a tweet questioning the retailer's price of an $8 single hairband, according to CNN Money.
This inspired another to …Urban Outfitters
Organic produce and $1.50 hot dogs: That’s what Costco does.
According to an analysis released Wednesday by financial firm BMO Capital Markets, the …Food
Mona, a new app from former Amazon.com employees launching now, wants to put a personal shopper on your phone. While many mobile shopping apps today work to provide users with recommendations on new products or highlight popular trends, Mona takes things a step further with a feature it calls …Amazon
LONDON — The Dutch supermarket operator Ahold and the Delhaize Group of Belgium said on Wednesday that they had agreed to an all-share merger in a deal that would create one of the largest supermarket chains operating in the United States.
The deal would combine Delhaize, the owner of the American …Groceries
In the four years since its inception, e-commerce startup BaubleBar has become synonymous with trendy, inexpensive fashion jewelry, boasting 200% growth in 2014 over the previous year and 1,500 orders a day on average.
Now, the web favorite is set to open retail stores to complement its online …Startups
Whole Foods grocery stores in New York City have been labeling a variety of items with the wrong prices, according to an investigation by the city’s department of consumer affairs. The agency said it found more than 800 pricing violations in local Whole Foods stores since 2010.
Many of the …Whole Foods
Trader Joe's is going to have to up its fresh foods game or the grocer could be in serious trouble with the launch of Whole Foods’ new “365″ concept. That’s one of the first thoughts that popped into my brain a few weeks ago when Whole Foods released more details on its new small store concept, …Whole Foods
Darden Restaurants is breaking itself up.
Along with its quarterly earnings on Tuesday morning, the restaurant operator announced that its board had approved the sale of some of its real-estate assets to establish a Real Estate Investment Trust.
In the statement, CEO Gene Lee said: "This strategic …Olive Garden
The department store is in the early stages of a multi-year turnaround, anchored by more advanced e-commerce, better merchandise and a new loyalty program. Kohl’s CEO Kevin Mansell takes Fortune on a deep dive inside the retailer’s reinvention.
Walk into any Kohl’s these days, and evidence of the …Loyalty Programs
NEW YORK (AP) — Facebook is now bigger than Wal-Mart, at least when it comes to its value on the stock market.
The world's biggest online social network knocked the world's largest retailer out of the top 10 list of the highest-valued companies in the Standard & Poor's 500 index on Monday and the …Facebook
The world’s largest retailer is testing out a free delivery service, as well as grocery pick up kiosks, as it looks for new ways to compete with Amazon.
Walmart WMT wants to become the same behemoth in e-commerce that it is in brick-and-mortar retailing.
The world’s largest company is testing a …Amazon
Wal-Mart is bringing back employees known as "greeters" to its store entrances.
The company is also adding a fleet of "asset-protection customer specialists," who will check receipts as shoppers leave, The Wall Street Journal reports.
Wal-Mart is testing the added door presence in 300 of its 4,500 US …Walmart
CVS drugstores that quit tobacco sales last year are now getting health and beauty makeovers to attract customers who want more than just a prescription refill.
The nation's second-largest drugstore chain is adding fresh foods, healthy snacks and expanded beauty options to many of its locations. …Walgreens
UK retail sales rose by 0.2% in May, a slowdown from a rise of 0.9% in April, after shoppers bought fewer clothes.
The Office for National Statistics said clothing sales were 1.6% down on April's level, the biggest fall since September 2014.
Economists had expected retail sales to be flat in May …United Kingdom
Supermarkets to let customers choose the products they get 20pc discount on in "world first" for grocery industry
Waitrose has upped the ante in the supermarket price war by allowing shoppers to choose what products they get a 20pc discount on.
Mark Price, the managing director of Waitrose, said the …Groceries
The retail giant could bypass big-name package carriers with this new initiative.
Amazon AMZN is considering enlisting everyday people to pick up and drop off packages for customers, according to The Wall Street Journal.
Sources say the new service, tentatively known as “On My Way,” would hire …Amazon
Sometimes launching a product on Etsy involves more than just reclaiming some wood or hoarding mason jars and burlap. Occasionally you need capital for new tools, expansion or hiring new employees. To help the sellers that are aiming higher than just putting a bird on something, Etsy is launching …Etsy
If implemented, the service would pay people to ferry packages to customers on their way to other destinations.
Amazon is always looking to get a leg up on its e-commerce rivals and curb rising shipping costs. According to the Wall Street Journal, the company is now considering paying ordinary …Amazon
Target Corp. conducted another round of layoffs Wednesday, this time eliminating 140 employees who primarily work in what Target calls its Business …Minneapolis
During its most successful run, Gap’s fashion catered to children of the 1980s and ’90s — first with plain T-shirts and blue jeans, then with button-downs and clean-cut khakis. Artists and musicians helped popularize the androgynous look, one that seemed to define Generation X, whose shoppers …Abercrombie & Fitch
Amazon.com, seeking to bolster its efforts to deliver products via drone, says that states and local communities should not be allowed to regulate unmanned aerial systems authorized by federal aviation regulators. "Uniform federal rules must apply," Paul Misener, the e-commerce retailer's vice …Amazon
The chief executive of Australia's Woolworths, Grant O'Brien, is stepping down after nearly four years at the supermarket chain.
His departure comes amid plans to cut about 1,200 jobs as part of a "strategic change" plan.
Woolworths is looking to cut millions of dollars in costs and improve sales …Woolworths