Latest Retail News & Analysis – Page 71
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News briefsJD Sports offers Pennies donation service at Go Outdoor and other stores
France-based payment service provider Worldline has partnered with sports fashion retailer JD Sports to enable its customers to make donations through its payment terminals using the charity fintech Pennies’ micro-donation application. Currently in use at 151 locations, the product will be fully rolled out to approximately 679 JD Group stores, ...
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ArticleESG Report 2022: Alibaba reduces carbon footprint by 620,000 tons using renewable energy
Alibaba Group announced that it has saved 619,944 metric tons of carbon dioxide equivalents over the past 12 months by using clean energy sources to achieve its goal of carbon neutrality. That savings is equivalent to the amount of carbon dioxide generated by 12,915 U.S. households in a year, according ...
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ArticleSports Direct pledges to donate footballs to encourage girls’ participation in the game
Sports retailer Sports Direct has launched the Equal Access campaign, donating free footballs to grassroots clubs across the U.K. The company is responding to the most recent historic moment for women’s football and the growing call for more opportunities for girls to play the game. The campaign is part of ...
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News briefsDecathlon Germany bundles stores in Karlsruhe
Decathlon is represented in Germany with more than 80 stores and continues to adapt its store network to customer needs and local conditions. The Decathlon store in the Postgalerie in Karlsruhe will therefore move with its 45 employees on Oct. 1 to the Decathlon store in Karlsruhe-Durlach, which is currently ...
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News briefs
Amazon launches new seller service to solve supply chain challenges
As part of Amazon’s investment in its warehousing and distribution network to support sellers and improve customer service, the online marketplace has introduced a new solution that allows sellers to use new, purpose-built facilities for bulk inventory storage and automated distribution called Amazon Warehousing & Distribution (AWD). Amazon says AWD ...
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News briefsDecathlon Italy moves Olmi store to Treviso Canova
Opened in 2005, the Decathlon Olmi store will move to Treviso Canova on Oct. 8, 2022, to expand its offerings. A larger sales area and a team of 60 employees will allow the retailer to offer more services, including the rental of bikes and e-bikes, skis, snowboards, canoes and kayaks, ...
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News briefsSports Direct’s owner wants to buy MySale
Frasers Group, the owner of Sports Direct, has made a cash offer for Australian off-price marketplace MySale, in which Frasers Group is already the largest shareholder. Frasers acquired a 28.7 percent stake in MySale earlier this summer, as reported by SGI Europe at the time. The retail group has now ...
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News briefsNike opens first flagship in West Africa
Nike has opened a 500-square-meter flagship store in Lagos. It is the brand’s first in Nigeria and the whole of West Africa. The store is powered by Hudson Brand Development Nigeria, a subsidiary of Hudson Holdings Group, the retail partner for Nike and other sports and fashion brands in the ...
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ArticleReducing energy costs in European retail: a colder, darker winter
With energy prices skyrocketing and the need to replenish gas reserves before winter, everyone is doing their part, and global energy conservation measures have already been taken in the retail sector. While customer service and satisfaction are top priorities in retail, stakeholders may be reluctant to engage in actions that ...
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News briefsPeloton Interactive partners with Amazon
Peloton Interactive, weeks after announcing 800 layoffs and on the eve of its fourth-quarter earnings release, has a new distribution deal in place for its bike, guide, select accessories and apparel with Amazon in the U.S. News of the Peloton-Amazon partnership sent shares in the interactive fitness company up 18.5 ...
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News briefsLululemon to open 700-square-meter store on Paris’ Champs-Elysées
Lululemon has signed a lease for a 700-square-meter space on Paris’ Champs-Elysées, according to Sport-Guide.fr. Zara Home previously occupied the space. The Canadian sports retailer reportedly plans to open the new Parisian store for Christmas 2022. Lululemon already has three stores in downtown Paris and a shop-in-shop at the Bon ...
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News briefsMarimekko launches marketplace for second-hand goods
The Finnish lifestyle design company Marimekko is launching a digital, community-driven marketplace for vintage and second-hand goods, called Marimekko Pre-loved. The launch is scheduled for Aug. 25. The platform is built in collaboration with the resale technology specialist Archive. To celebrate the launch, Marimekko will release a special selection of ...
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News briefsAssociation of Golf Merchandisers partners with Elastic Suite
The Association of Golf Merchandisers (AGM) and Elastic Suite, a subsidiary of Emerald Holding, have announced a new partnership that names Elastic Suite as the presenting “Diamond Level” sponsor of AGM’s certified retail management program, one of the association’s educational resources for golf retailers. AGM, headquartered in Phoenix, Arizona, is ...
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News briefsLululemon workers in Washington D.C. drop petition to unionize
The workers at a Lululemon store in Washington D.C. who had filed a request with the National Labor Relations Board (NLRB) in July to hold a union election, as also reported by SGI Europe at the time, have now withdrawn their petition, according to NLRB records. The store, located in ...
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Infographics & DataThe Norwegian Sports Retail Market
This interactive chart shows the largest Norwegian sports retailers by revenue in thousand NOK (2020 and 2021) as well as the total market size 2020, 2021 including market shares. This chart can be downloaded as JPG, PNG or PDF.
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News briefsShoe repair service launches at Veja’s Berlin store
On Sep. 1, the sneaker repair shop opens in the newly opened Veja store in Berlin-Mitte. From now on, not only Veja sneakers but also shoes of other brands can be repaired and cleaned here. The store is located at Alte Schönhauser Str. 42, is open Monday through Saturday from ...
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ArticleSuper Retail Group posts strong H2 comps
Super Retail Group (SRG), the Australian company that owns the Rebel Sport, Boating Camping Fishing (BCF) and Macpac retail chains, posted 2.8 percent annual sales growth to 3,550.9 million Australian dollars (€2,285m) for the 53 weeks ended July 2. Comparable store sales increased by 5.0 percent in H2, aided by ...
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News briefsDubai’s F5 Global to open first international pop-up in London
F5 Global, a sustainable athleisure brand based in Dubai, has announced the opening of its first-ever international pop-up store. It will be open in London at 58 Oxford Street on Aug. 22-28. F5 Global’s pop-up will sell the brand’s signature sustainable athleisure collection for adults and children, which includes hoodies, ...
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News briefsFrasers Group sells ‘some’ retail parks for £205m
Frasers Group said it has completed the sale of some retail parks for £205 million (€242m). The company, which owns the Sports Direct and House of Fraser chains, said the disposal included a number of freehold and long leasehold retail parks held by its wholly-owned subsidiaries to RI UK 1 ...
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News briefsUvex Sports signs distribution agreement with Horse Pilot in France
During the international equestrian trade show Spoga Horse in Cologne, the German company Uvex Sports (headquartered in Fürth), and the French equestrian apparel brand Horse Pilot, based in Cysoing, signed a distribution agreement for Uvex equestrian equipment for the French market. As of September 2022, the Horse Pilot sales force ...
