retail

WHSmith Scraps CEO’s £4.5 Million Share Package After Backlash

November 6, 2020
The share windfall, worth nine times CEO Carl Cowling’s base salary, provoked anger among investors.
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As Profits Soar, Ocado Buys Two US Robotics Startups

November 2, 2020
The UK-based online grocery retailer is preparing to make new strides in the automation of its business.
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John Lewis Plans New Services in Shift from Retail

October 16, 2020
The department store company and Waitrose owner now plans to invest in eCommerce and build rental homes.
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Starbucks Ties Executive Pay to Diversity Goals

October 15, 2020
The new executive compensation policy comes as part of a raft of measures intended to improve diversity in the coffee titan’s workforce.
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Ikea Plans Physical Expansion Even as Customers Move Online

October 7, 2020
The furniture giant’s new CEO plans to open a record number of new stores, but with a different format from before.
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Amazon Reveals Palm-Scanning Retail Technology

September 30, 2020
Amazon hopes to licence the new biometric technology to third parties to transform business transactions.
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Apple’s Floating Store Opens in Singapore

September 11, 2020
The firs of its kind, Apple’s third retail location in Singapore is entirely surrounded by the water of Marina Bay.
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Silver Lake Invests $1 Billion in Ambani’s Reliance Retail

September 9, 2020
The investment comes months after Reliance’s launch of JioMart, aimed at tapping into India’s $825 billion retail market.
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Target CEO Brian Cornell Explains Record Q2 Success

August 20, 2020
The world’s largest retailer made enormous gains in the second quarter even as the US continues to grapple with COVID-19.
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China Overshadows America On Fortune Global 500

August 11, 2020
For the first time in the list’s history, Chinese companies have outshone their American peers in the Fortune Global 500 2020.
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7-Eleven Owner Buys Speedway for $21 Billion

August 3, 2020
CEO Ryuichi Isaka’s ambitious US expansion will add 3,900 stores to his company’s US holdings.
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What the Global C-Suite Can Learn From China’s ‘New Retail’

July 20, 2020
Over the last few weeks and months, businesses across the world have been racing to pivot their focus towards online operations in response to the coronavirus crisis and the associated changes in consumer habits.
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