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Business Events Store Openings

  • Albertsons' expansion into meal kits, which deliver fresh ingredients and recipes to subscribers, comes less than a month after Amazon.com Inc's entry into the grocery market with its acquisition of Whole Foods Market. Albertsons said Plated meal kits would be offered at its store locations, online, and through a variety of distribution options.

  • Sept 19- Department store operator Kohl's Corp said it would accept returns of select items bought from Amazon.com Inc at some of its stores in Los Angeles and Chicago, expanding its partnership with the ecommerce giant. The move follows Kohl's announcement earlier this month that it would sell Amazon's devices, including the voice-controlled speaker Echo,...

  • TORONTO, Sept 4- Hudson's Bay Co's commitment to Europe is "rock solid," Chief Executive Gerald Storch told Reuters in an interview, ahead of the opening of the first of 10 planned name-sake department stores in the Netherlands on Tuesday, bucking a trend away from bricks and mortar. The European expansion comes in the face of pressure from activist investor...

  • CHICAGO, Aug 17- Wal-Mart Stores Inc on Thursday reported lower quarterly margins after it cut prices and invested heavily on expanding its e-commerce operations, and its shares fell nearly 3 percent. Net income attributable to Wal-Mart fell 23 percent to $2.9 billion, or 96 per cents per share, from $3.7 billion, or $1.21 per share, a year earlier due to a loss from...

  • Retailers have not been lazy against survival from Amazon: Thomson Reuters

    Jharonne Martis, director of consumer research at Thomson Reuters, speaks about how Target is tackling the threat from Amazon.

  • FRANKFURT, July 26- German discount grocery chain Aldi North said Wednesday it was planning to spend 5.2 billion euros to revamp its stores in Germany and around Europe. German brothers Karl and Theodor Albrecht pioneered the Aldi discount store concept, setting up two sister businesses serving north and south Germany in 1962 and then expanding to much of...

  • LONDON, July 13- Britain's biggest mobile operator EE said it would open 100 new stores in Sainsbury's supermarkets and Argos general merchandise shops in the next two years, expanding its retail presence to nearly 700 stores. Chief Executive Marc Allera said the new stores would enable the company to provide more of the personal support and services its...

  • LONDON, June 29- The Australian owner of British home improvements retailer Homebase said on Thursday it would create about 1,000 new jobs in Britain by the end of this year as it accelerates its expansion drive. The firm is now planning to open 20 Bunnings stores in Britain by the end of the year, up from its previous expectation of 10 stores after the success of two...

  • Walmart is accused of punishing workers for sick days

    Walmart, the nation's largest private employer, punishes workers for being sick, according to a report.

  • A sneak peak inside New York City's first Amazon bookstore

    Amazon's first New York City bookstore, Amazon Books, will open on Thursday morning, marking Amazon's highest-profile move into bricks-and-mortar retail to date. CNBC visits the store to see what it's like.

  • DUBLIN, May 15- JPMorgan Chase has agreed to buy a Dublin building with room for 1,000 staff in the first sign of a financial services firm expanding significantly in Ireland since the government began a major campaign to attract firms in the wake of Brexit. Dublin, Frankfurt, Paris and Luxembourg are widely seen as the locations most likely to benefit as firms...

  • Malls haven't hit doomsday just yet

    Not all of America's malls are doomed.

  • One British book chain store has come under fire for setting up shops in small towns without its signature branding.

  • Kanye West performs during Kanye West Yeezy Season 3 on February 11, 2016 in New York City.

    Kanye West fans can buy a taste of "The Life of Pablo" this weekend following the rapper-turned-fashion mogul's announcement of 21 pop-up stores.

  • World Trade Center site in the Manhattan borough of New York

    Fifteen years after 9/11 the downtown has completely transformed, but is there enough demand for a huge retail complex?

  • Amazon bookstore may open in New York City

    The online retailer plans to open a physical bookstore at New York City's Hudson Yards, according to a report.

  • Whole Foods stock gaining on bullish Barron's article

    The published report says shares of the grocery chain could return 20-percent over the next year.

  • Swisher: Zuckerberg's a learning organisim

    Kara Swisher, Recode Executive Editor, discusses Facebook as a top hedge fund pick, Mark Zuckerberg's meeting with conservatives, the bidding for Yahoo, Apple's new retail store design and Swisher's selfie with Kim Kardashian.

  • Apple unveiling new store design in San Francisco

    The revamped store features trees, an area for live music and a giant 6K screen, powered by 100-percent renewable energy.

  • MCD

    The fast food chain plans to open more restaurants in China, South Korea and Hong Kong.