International News

The state-owned Cambodia Post will launch an online shopping platform in March in a move to tap the current rise in e-commerce activity, a media report said on Thursday. Director-General of the Cambodia Post, Ork Bora, said that after a...

As of early 2016, footwear and accessories retailer Aldo, initiated a new 'Connected Store' concept at the World Trade Center complex in New York City. The store's 1,211 sq. ft. layout is artfully merchandised to tell a story, with...

CB Insight's Zoe Leavitt recently discovered Amazon had filed for the patent in December 2014 for its Airborne Fulfillment Center (AFC). The online retailer had consequently, in April 2016, received the patent for its warehouse in the air. The e-commerce giant says that...

Retail store brands Sears and Kmart announced their latest round of store closures on Tuesday, as accounted by Business Insider. Sears and Kmart will be closing 30 more stores in 2017 as the two retailers watch sales and revenue continue...

In an effort to expand its market to Southeast Asia, technology giant Apple has partnered with Taiwanese electronics major Foxconn, media reports said. According to a report on DigiTimes on Monday that cited a Chinese-language Economic Daily News report, Apple...

The largest police union in the US has urged online retailer Amazon to stop selling a controversial shirt related to the 'Black Lives Matter' protest movement. Last week, the shirt, which carries the words "Bulletproof: Black Lives Matter", was removed...

The Board of New Look announced the appointment of Richard Collyer as Chief Financial Officer with immediate effect. Collyer was formerly Group Finance Director and has been performing the CFO role on an interim basis since March 2016. He joined New...

Amazon.com, the US-based e-commerce behemoth is continuing its push into the private label business with the launch of its newest food label, Wickedly Prime. Wickedly Prime is the first brand since the debut of Amazon Elements two years ago to...

A US-based drone delivery service has completed its first month in operation, successfully sending over-the-counter medicines, hot food items and cold beverages to customers' homes using GPS-enabled autonomous flying vehicles. According to a PTI report: The company conducted regular weekend...

Luxury Daily, one of the the world’s leading luxury business publications, organizes the most prestigious luxury awards handed out annually. The New York-based publication - which covers strategy, tactics, execution and results for luxury marketing, and retail across all mediums and...

LetterOne (L1), the international investment business, on Tuesday announced the launch of L1 Retail, a new retail investment arm. L1 Retail aims to find and develop 21st century retail stars, initially in Europe, including the UK, and in the emerging markets (with the exception of Russia). It will invest up to $3 billion in a small number of retailers that have the...

Famous bookstore Barnes & Noble is all set to open its third bookstore prototype - complete with a full-service restaurant in Folsom, California, this week. Barnes & Noble is trying to revive sales in the face of growing online competition. The...

In it's first ever drone delivery, e-commerce giant Amazon delivered a bag of popcorns and an Amazon Fire TV streaming device box to a farmhouse in England on December 7, 2016. The service is being called Amazon Prime Air. The...

On December 6, 2016, Amazon announced Buttoned Down, a private-label shirt brand with a starting price of $39.99 and available to members of Amazon Prime. The company said it plans to expand into dress pants, sport shirts and sweaters in...