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Australian retailers prepare for battle with Amazon

Major Australian retailers have come out fighting as American e-commerce giant Amazon prepares to launch its operations in the country. Woolworths, whose main operations include supermarkets, liquor retailing and discount department stores, has said it will step up its own...

Australian retailers to 'wage war' against Amazon

Canberra, Australian retailers are preparing for the invasion of US giant Amazon, and have vowed to take the fight up to the online-based store when it comes to local shores. Amazon confirmed its rapid Australian expansion by announcing its search...

Australian grocery giant to accept China's UnionPay cards

Australian grocery giant Woolworths said on Tuesday that it will now accept UnionPay cards, China's leading debit and credit cards, at its stores. Woolworths will offer all forms of UnionPay payment, including the contact-less mobile based transactions at its terminals,...

Indian retailers soon to be a part of WGSN INstock

WGSN, the global foresight business specialising in consumer, fashion and design trends,  announced the inclusion of India retailers and e-tailers on WGSN INstock on Thursday. WGSN INstock tracks more than 40 million products from 12,000 retailers in UK, US,...

FS Mini Klub: Big Dreams are Made of Lil Ones

Crafting clothes for new born, toddlers and kids is no child's play. FS Mini Klub is stitching together a whole new story in the kids wear space in India. Company Background FS Mini Klub is part of the parent company, First...

Tanishq features in Interbrand’s ‘Best Retail Brands 2014’

The Asia-Pacific region is home to approximately half the world’s population. Despite the challenges, and against this fragmented backdrop, some of this year’s most valuable Asian retail are those that actively expanded beyond their home base, either regionally or...

Global Sources’ China Sourcing Fair strikes high on fashion today

The latest trends in fashion will be displayed at 1,300 booths by suppliers from Greater China and Asia as Global Sources' China Sourcing Fair opens today at Asia World-Expo near Hong Kong International Airport. Tens of thousands of international buyers are expected to attend the four-day event...

Greg Foran Appointed as New President and CEO of Walmart US

Walmart has promoted Greg Foran, 53, to the President and CEO of Walmart US. Foran succeeds Bill Simon who has been in the role since June 2010 and will be transitioning out of the company. Foran will assume his...

Walmart tops Interbrand’s ‘US Most Valuable Retail Brands 2012 list’

Retaining its number 1 position, Walmart has topped the Interbrand's US Most Valuable Retail Brands list for 2012 with a brand value over US$ 139 bn, down 2 percent from last year. Amazon.com on the other hand emerged as...

Retail going backwards but news not all bad as penny drops

WHEN Woolworths boss Michael Luscombe warned last week that 2012 would be the retail sector's most challenging year, he wasn't kidding. While the sharemarket has factored in profit downgrades for retailers in 2011, deep sales discounting in July of...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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