#globalretail

South Korean Telecom Launches AR Shopping Service

KT Corp., a South Korean telecommunications company, has launched a mobile shopping service paired with augmented reality (AR) technology. The AR Market…

China Accounts For 40% Of Global E-Commerce, But It’s A Tough Market For Non-Chinese Retailers

China is a retail powerhouse, and the habits of its consumers affect retailers worldwide. The country accounts for 40% of the world’s…

HSE24 Bolsters Supplier Collaboration With Merchandise Management Solution

German retailer HSE24, which sells through television, online and mobile channels, has selected Aptos subsidiary TXT Retail for its end-to-end lifecycle merchandise…

Alibaba, Guess Fuse Fashion And AI With Hong Kong Concept Store

Alibaba debuted its FashionAI concept store on July 4 at Hong Kong Polytechnic University (PolyU) in an effort to bring AI experiences…

Walgreens Buys Minority Stake In Chinese Pharmacy Chain For $416M

Walgreens Boots Alliance has finalized its purchase of a 40% stake in Sinopharm Holding GuoDa Drugstores, a leading Chinese retail pharmacy chain….

Sugarfina Expands Globally, Will Open First Hong Kong Store

Sugarfina, a luxury confections boutique, will expand to Asia this summer, opening its first Hong Kong store in the Harbour City mall….

$550 Million Google Investment Opens U.S. Sales Channel For JD.com

Google will invest $550 million in cash in Chinese e-Commerce giant JD.com. By combining JD.com’s supply chain and logistics with Google’s technology,…

Carrefour Partners With Google For Grocery E-Commerce, Innovation Lab

Carrefour is teaming up with Google to sell groceries through Google Home, Google Assistant and Google Shopping in France. The service will be…

E-Commerce Retailer Opens Door For More U.S. Brands In China

VIPShop, operator of the Chinese e-Commerce site VIP.com, is increasing the number of U.S. apparel and accessory brands available on its platform….

Zalando Expands Operations To Ireland, Czech Republic

Zalando, a European online fashion retailer, unveiled plans to expand to Ireland and the Czech Republic, bringing the number of European countries…

Alibaba Pledges Major Retail Investments For Beijing

Alibaba has signed a strategic partnership with Beijing to turn the capital into a “city of new retail,” according to KrASIA. Alibaba…

Tencent, Wanda Group Form “Smart Retail” Joint Venture

Wanda Group, a Chinese real estate firm, will form a joint venture with Tencent and group-buying web site Gaopeng to integrate online…

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