A Dubai-based retailer is reportedly gearing up to build the world’s largest indoor ski resort in China

Reuters/Ahmed Jadallah China is building the world’s largest indoor ski resort in Shanghai. The one milion square-foot project will have three different ski slopes and offer 25 non-skiing activities  The Chinese government is encouraging its citizens to take up skiing and other winter sports ahead of the 2022 Winter Olympic Games.  Skiers in Shanghai, China, […]

Dick’s faced boycott threats when it changed its gun policies — but the majority of America agrees with the retailer (DKS)

Reuters/Rick Wilking Dick’s Sporting Goods faced backlash after it changed its gun policies in the aftermath of the Parkland, Florida shooting.  However, foot traffic actually increased in the two weeks after Dick’s announced the new gun policies.  73% of respondents polled by MSN said that they agreed with Dick’s decision to stop selling assault-style rifles. While […]

Walmart customers are furious after the retailer ran out of Black Friday sale items despite huge online investment (WMT, AMZN)

REUTERS/ Kevork Djansezian Customers are slamming Walmart after items from TVs to clothing ran out of stock online.  Walmart kicked off its online Black Friday sale at 12:01 a.m. on Thanksgiving Day.  The retailer has tripled its online assortment this year — but it needs to keep items in stock if it wants to compete […]

Walmart Black Friday 2017 deals: Retailer starts SLASHING prices on list of items today

Walmart have started their Black Friday 2017 reductions already, with deals available from today. The largest retailer in the US, Walmart was a top performer for Black Friday last year, beating rivals such as Target thanks to their enticing offers. From today, online shoppers with the chain have been given access to Black Friday deals […]

Korean banks sue Newegg, allege online retailer aided massive fraud

Enlarge / Totes on a conveyor belt which will be used to pick an order inside Newegg’s small item warehouse as seen on July 2, 2014 in the City of Industry. Newegg is a leading online retailer. (credit: Gary Friedman/Los Angeles Times via Getty Images) Newegg, the well-known online electronics retailer and slayer of patent […]

IGN acquires pay-what-you-want game and book retailer Humble Bundle

Media conglomerate IGN has acquired Humble Bundle, the pay-what-you-want gaming, book and software collection retailer that raises money for charitable causes. In a blog post, Humble Bundle cofounder and CEO Jeffrey Rosen noted that his company will “keep our own office, culture, and amazing team with IGN helping us further our plans.” Aside from noting […]

Apple’s new watch has traders punishing one massive retailer (AAPL, UHR)

One major retailer is taking the news of Apple’s new watch on the chin. Swatch, the $ 21 billion Swiss watchmaker, dropped as much as 4.5% on Tuesday, losing almost $ 1 billion in market value in the process. Based on the stock reaction, traditional watch retailers like Swatch will have their work cut out […]

Cheers! Aldi wins 'Drinks Retailer of the Year' at the Drinks Business Awards

The discount store won ‘Drinks Retailer of the Year’ at the Drinks Business Awards, an event designed to recognise the best performers across the international drinks industry. The store beat competition from Waitrose and online drinks retailer Master of Malt in the ‘Drinks Retailer of the Year’ category at the awards ceremony at the London […]

We went to the Macy’s flagship store in New York City and saw firsthand how the brand is transforming into a discount retailer (M)

Skye Gould/Business Insider Business Insider/Mary Hanbury Macy’s is beginning to look a lot more like discount stores such as TJ Maxx and Nordstrom Rack. In the past two years, the struggling department store has launched an outlet store called Macy’s Backstage, added dedicated Last Act clearance sections to stores, and said it would add more self-service systems to its […]