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Tag: confirms

Flipkart-Spencer’s Retail confirms partnership; Flipkart exploring more alliances, Retail News, ET Retail

Kolkata: Flipkart is going to enter into a series of partnerships with brick-and-mortar retailers and leading FMCG companies to spruce up its offerings in its weakest business area of essentials. On Thursday, it has formed such an arrangement with Spencer’s Retail. As part of the deal with Spencer’s, the retailer will become a seller on …

Flipkart-Spencer’s Retail confirms partnership; Flipkart exploring more alliances, Retail News, ET RetailRead More

Amazon confirms first coronavirus case among US employees, Retail News, ET Retail

Online retailer Amazon.com Inc said on Tuesday an employee in the United States tested positive for the coronavirus. “We’re supporting the affected employee who is in quarantine,” a company spokeswoman said in an email to Reuters. The spokeswoman confirmed a report by Bloomberg News that all co-workers in contact with the employee, who worked at …

Amazon confirms first coronavirus case among US employees, Retail News, ET RetailRead More

Amazon confirms two employees in Italy have contracted coronavirus, Retail News, ET Retail

WASHINGTON: Amazon.com said late on Sunday that two employees in Milan, Italy, have contracted the coronavirus and are under quarantine. “We’re supporting the affected employees who were in Milan and are now in quarantine,” company spokesman Dan Perlet said. The world’s biggest online retailer said it was unaware of any U.S. employees who had contracted …

Amazon confirms two employees in Italy have contracted coronavirus, Retail News, ET RetailRead More

Walmart confirms it will launch a rival to Amazon’s Prime, Retail News, ET Retail

New York : Walmart is confirming that it’s developing a competitor to Amazon‘s juggernaut Prime membership program. The company declined on Thursday to offer details, but a spokeswoman said it will be called Walmart+. News website Vox first reported the news about Walmart’s new membership program earlier Thursday and said the discounter would have certain …

Walmart confirms it will launch a rival to Amazon’s Prime, Retail News, ET RetailRead More

Walmart confirms it will launch a rival to Amazon’s Prime, Retail News, ET Retail

The initiative comes as Walmart is locked in an arms race with Amazon to bring packages faster and faster to customers’ homes. Amazon’s Prime $119 per-year membership program includes such perks as unlimited next-day shipping on more than 10 million items as well as free streaming of music, TV shows and movies. AP  |  February …

Walmart confirms it will launch a rival to Amazon’s Prime, Retail News, ET RetailRead More

Trafford Centre owner Intu confirms talks over £1bn cash call | Business

Shares in Intu Properties jumped on Monday after the company behind shopping centres including the Trafford Centre in Manchester and Lakeside in Essex confirmed it is in talks with investors over an emergency cash call. The debt-laden firm said it was “engaged in constructive discussions with shareholders”, including its largest shareholder Peel Group, and new …

Trafford Centre owner Intu confirms talks over £1bn cash call | BusinessRead More

Kroger confirms another location for next-gen fulfillment center 

The Kroger Co. is bringing its automated warehouse facility to the Mid-Atlantic region. The supermarket giant and Ocado, one of the world’s largest dedicated online grocery retailers, will build an automated “customer fulfillment center” in Frederick, Md. The 350,000-sq.-ft. center  – an automated warehouse facility with digital and robotic capabilities – will service several markets, …

Kroger confirms another location for next-gen fulfillment center Read More

Another study confirms mobile’s strong holiday performance

Get great content like this right in your inbox. Subscribe The 2019 holiday season may prove to be a watershed event for mobile commerce. According to a new study from mobile commerce optimization platform Button, there was a 68% increase in overall mobile spend per shopper during the 2019 holiday season compared to the same …

Another study confirms mobile’s strong holiday performanceRead More

HMV confirms three stores are closing with job losses expected | Business

HMV has warned of possible job losses as it fights to keep open stores across the country in the face of high rents and business rates. Three HMV stores are closing this month, the music retailer confirmed, while a further 10 stores could be axed if new deals with landlords are not secured. The nationwide …

HMV confirms three stores are closing with job losses expected | BusinessRead More

LVMH confirms deal to acquire Tiffany for $16 billion

A woman walks past a Tiffany & Co. store at a shopping mall in Beijing, November, 2018. Mark Schiefelbein | AP LVMH has reached a deal to buy Tiffany & Co. at $135 a share in cash, or $16.2 billion, in a move that will give the company more access to U.S. luxury consumers. Confirming …

LVMH confirms deal to acquire Tiffany for $16 billionRead More