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GLOBAL

Toys 'R' Us files for bankruptcy

Retailer Toys 'R' Us has filed for Chapter 11 bankruptcy protection in a US court, the company said, amid heavy debt and a tough environment for bricks and mortar stores...

19 Sep 2017

NORTH AMERICA

Amazon's appetite for disruption

Amazon is not wasting time in its acquisition of Whole Foods. Speed of execution, after all, is at the essence of the tech giant's business model...

By Sylvain Charlebois 8 Sep 2017

GLOBAL

Aldo acquisition of Camuto Group births new footwear giant

Canadian shoe company Aldo has agreed to acquire the footwear and accessories operations of the Connecticut-based Camuto Group...

By Lauren Hartzenberg 4 Aug 2017

UNITED STATES

Macy's taps into the Millennial generation

In spring 2012, Macy's department stores and online retailer Macys.com announced its mission to restructure internally and market toward the Millennial generation. According to the retailer, its goal is to attract and retain Millennial customers who are "now America's largest and most diverse age demographic with spending estimated at $65 billion each year," on merchandise similar to what Macy's sells.

15 Nov 2012

UNITED STATES

Environmentally friendly purchases heat up in emerging markets

NEW YORK, US: Purchases of environmentally protective products have grown significantly in two of the world's leading markets - China and Brazil; but the widespread perception that these products are too expensive may be blocking deeper adoption.

21 Aug 2012

UNITED STATES

New iPad tops three million

CUPERTINO, US: Apple has announced it has sold three million of its new iPad, since its launch on Friday, March 16. The new iPad features a new Retina display, Apple's new A5X chip with quad-core graphics, a 5 megapixel iSight camera with advanced optics for capturing photos and 1080p HD video, and the same all-day 10 hour battery life*.

22 Mar 2012

UNITED STATES

RIM announces retail channels for BlackBerry PlayBook

WATERLOO, US: Research In Motion, based in Waterloo, in the US, has announced plans to make the highly anticipated BlackBerry PlayBook tablet available in more than 20 000 retail outlets in the US and Canada.

23 Mar 2011

UNITED KINGDOM

Family business owners optimistic, but...

LONDON, UK: Family firms around the world are confident about their future prospects, but many aren't doing enough to prepare themselves for the years ahead, says PwC. Nearly half still don't have a succession plan and of those that do, only 50% have decided who will take over the top job.

26 Nov 2010

UNITED STATES

Hope for full global economic recovery in 2010 diminishes

NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index.

27 Oct 2010