Subscribe to Retailer Daily
Archives » Ikea
Google Mobile Payment, Facebook Investments, P-Fresh Expands
Google is teaming up with MasterCard Inc. and Citigroup Inc. to embed technology in Android mobile devices that would allow consumers to make purchases by waving their smartphones in front of a small reader at the checkout counter, according to the Wall Street Journal. Google is reportedly aiming to make mobile payments easier in a bid to boost its advertising business.
Business &...Continue Reading »
Sears Online Turf, Wal-Mart Coupons, Microsoft Sues B&N
Sears, in a new multichannel ad campaign, is urging consumers to shop for lawn and garden products at Sears rather than Home Depot or Lowe’s, according to the New York Times. The campaign, being created by the Chicago office of Y&R, has an extensive presence in new media, including Web video clips, social media and a mobile application that enables comparisons of products sold by those...Continue Reading »
‘The Daily Wrap:’ Netflix, Ikea, CVS
Netflix Grows Subscriber Base 52%
Netflix ended Q3 2010 with approximately 16,933,000 total subscribers, representing 52% year-over-year growth from 11,109,000 total subscribers at the end of Q3 2009 and 13% sequential growth from 15,001,000 subscribers at the end of Q2 2010. Source: Netflix
Ikea to Double China Stores
Ikea aims to more than double its number of stores in China to 18 by...Continue Reading »
‘The Daily Wrap:’ Ikea, Best Buy, Amazon.com
Ikea Improves Group Sales
Sweden-based home furnishings retailer Ikea has for the first time revealed financial figures, showing that reported group sales for the fiscal year ended August 31, 2010 increased by 7.7% to $28.2 billion USD. Source: Business Assistance
Best Buy Plans Twelpforce Expansion
To expand the reach of its Twitter-based Twelpforce customer assistance program, Best Buy...Continue Reading »
‘The Daily Wrap:’ Burger King, Walgreens, Dunkin’ Donuts
3G Buys BK
Private equity firm 3G Capital has purchased public fast food chain Burger King for $4 billion. That figure equals 46% more than Burger King’s share value at the time of the deal. Source: CNN/Money
Walgreens Buys 18 ApothecaryRx Stores
Drugstore retailer Walgreens will acquire the assets of 18 ApothecaryRx pharmacies located in Colorado, Oklahoma, Minnesota, Missouri and...Continue Reading »
Environmental Update: Ikea, Albertsons, E-Waste
Each week, Retailer Daily provides a review of notable environmental news happening in the retail industry. Articles are provided courtesy of Environmental Leader.Albertsons Installs Fuel Cell
A new Albertsons supermarket will be one of the first in California to generate nearly 90 percent of its electricity requirements with an on-site 400-kilowatt fuel cell. The project is estimated to...Continue Reading »
Advertisement
‘The Daily Wrap:’ Ikea, Best Buy, Johnny Rockets
Ikea Expands in China
Home furnishing retailer Ikea, which is speeding up its expansion in China, plans to open four new stores across the country during the next two years. Ikea will open its second store in Shanghai next year and open locations in Tianjin and Wuxi, as well as its second store in Beijing, in 2012. Source: China Daily
Best Buy Names Chief Design Officer
Consumer...Continue Reading »
Discount, Dollar Stores Creep Up Top 100 Retailer List, Walmart Remains No. 1
The nation’s top retailers managed to hold on to their coveted spots, even with the troublesome economy, but a new group of companies are sneaking onto the playing field, according to an annual ranking of retailers by sales. With the economy putting a huge dent in consumers' budgets last year, discount and dollar stores became much more attractive to the American family, according to...Continue Reading »
‘The Daily Wrap:’ McDonald’s, Staples, Wal-Mart
Ronald McDonald Stays Put
Fast food retailer McDonald’s says its longtime mascot Ronald McDonald will continue to represent the brand. There have been recent calls for McDonald’s to retire Ronald McDonald because the red-haired clown allegedly makes unhealthy food attractive to children. Source: NewsFeed Researcher
Staples Increases Net Income 32%
Office supply retailer Staples, Inc....Continue Reading »
Environmental Update: Marks & Spencer, IKEA, Publix
Each week, Retailer Daily provides a review of notable environmental news happening in the retail industry. Articles are provided courtesy of Environmental Leader.Marks & Spencer’s Plastic Wine Bottles Could Spoil Faster
Wine stored in plastic bottles may spoil faster than when kept in glass bottles, according to new research from the Institute of Vine and Wine Sciences (ISVV) in...Continue Reading »