Latest World News. Find every day short and brief information composed of titles and subtitles and continue reading if interested.
SWEEP past the cash machines at the Sumitomo Mitsui bank in Tokyo’s Sangenjaya shopping district and instead enjoy the personal service. Uniformed concierges welcome every customer with a bow. A dozen tellers are watched over by a manager who leaps up to meet elderly patrons. Transactions are concluded with carved signature seals stamped on paper […]
If you want to fill out your Battle Pass with the best stuff, you’ve got to try and complete the new missions set by Epic Games. And Week 7 Fortnite Treasure Map challenges have now been revealed. As the name would suggest, these are the quests you can complete by tracking down a special map […]
The pound is currently trading against the euro at £1.142. This has fallen from yesterday’s figures of £1.144 but has remained steady compared to previous weeks. In lieu of economic data and Brexit news, the exchange rate has managed to stabilise following tumultuous weeks. However, the recent disappointing retail sales reported by the Bank of […]
Facebook/Toys R Us Sam Zell, chairman of Equity International Group, and Equity Residential, thinks the retail industry still has ‘an enormous number’ of obsolete retail stores. The shopping centers that are now obsolete are in the same locations Toys “R” Us used to thrive. Toys “R” Us recently announced plans to close all of its […]
Shutterstock/jejim L.L.Bean has long been known for its lifetime return policy, which it ended in February. The store now offers a still-generous one-year window for returns. It’s not the only US retailer with an extremely generous return policy. In February, L.L.Bean ended its legendary lifetime return policy to clamp down on customers who were taking […]
In 2017, Amazon Brazil started allowing third-party sellers to list their items on the website. Apparently, though, that could’ve been just the beginning of the e-commerce titan’s expansion in the biggest retail market in Latin America. According to Reuters, the company held a meeting with a bunch of manufacturers in Brazil last week to discuss […]
AP Dollar General is opening 900 stores this year, remodeling 1,000 locations, and relocating 100 stores. In the most recent quarter, the retailer’s same-store sales sales grew 4.3%. Retailers are closing thousands of stores in one of the biggest waves of closures in years. But there’s at least one company bucking that trend: Dollar General. Instead of shutting […]
Rashad Benton/ Business Insider Department stores across the country are doubling down on discount options to offset slowing sales, but not Barneys New York. Established in 1923, Barneys is an exclusive department store known for having some of the sharpest and most expensive clothing items from the world’s top luxury brands. The retailer rarely releases […]
Getty/Scott Olson Several big traditional retailers had a rough January. Sears Holdings, Bon-Ton Stores, Stein Mart, and Nine West Holdings all have recently made moves that show financial desperation. Sears Holdings, which has been on a highly effective hedge-fund-manager-designed program of cost-cutting itself to death, announced today that it obtained another $ 100-million loan from JPP, LLC […]
BI Intelligence This story was delivered to BI Intelligence “E-Commerce Briefing” subscribers hours before appearing on Business Insider. To be the first to know, please click here. Tencent plans to invest in the Chinese division of Carrefour SA, a France-based retail company, according to Bloomberg. The company, along with recent investment Yonghui Superstores, a local supermarket operator, has agreed […]
