Sep 20, 2014

Folksy beer maker Pabst Brewing to be sold to Russian company

The maker of Pabst Blue Ribbon beer is being sold to Russian company Oasis Beverages for an undisclosed sum. Oasis is buying Pabst with TSG, an investment firm known for its work with consumer products companies. TSG Consumer Partners will take a minority stake ...

U.S. retailer apologizes for 'blood-spattered' Kent State sweatshirt

Sep 16, 2014

U.S. retailer apologizes for 'blood-spattered' Kent State sweatshirt

Hipster retailer Urban Outfitters apologized Monday for offering a one-of-a-kind Kent State sweatshirt with what appeared to be faux bloodstains recalling the 1970 student massacre at the university in Ohio. It pulled the $129 garment from the women’s wear section of its website after ...

Visual shop search: gimmick or game changer?

Aug 29, 2014

Visual shop search: gimmick or game changer?

Imagine using your phone to snap a photo of the cool pair of sunglasses your friend is wearing and instantly receiving a slew of information about the shades along with a link to order them. It is a great idea, but it doesn’t quite ...

Amazon seeks drone permission

Jul 13, 2014

Amazon seeks drone permission

Amazon is asking the U.S. Federal Aviation Administration permission to use drones as part of its plan to deliver packages to customers in 30 minutes or less. The online retailer created a media frenzy in December when it outlined a plan on CBS’ “60 ...

Georgia wineries return to their roots

Jul 1, 2014

Georgia wineries return to their roots

In his wine shop hidden down a labyrinth of narrow streets in Georgia’s Black Sea port of Batumi, Gela Danelia stares with rapture as sunlight refracts through a glass of his garnet-red produce. “I only produce some 8,000 bottles per year but what is ...

Starbucks to subsidize U.S. baristas' online college degrees

Jun 17, 2014

Starbucks to subsidize U.S. baristas' online college degrees

Starbucks is giving its baristas a shot at an online college degree, an unusual benefit in an industry where higher education is often out of reach for workers. The Seattle-based coffee chain is partnering with Arizona State University to make an online undergraduate degree ...

Tax hike to spur retailing industry shakeout

Apr 3, 2014

Tax hike to spur retailing industry shakeout

The 3-point rise in the sales tax may turn shoppers frugal, leading to price wars among retailers and accelerating realignment in the industry. Industry watchers say that small retailers with poor product development capabilities are likely to face difficulties surviving the fierce competition on ...

Retailer gets 'cute' with Singapore

Feb 18, 2014

Retailer gets 'cute' with Singapore

by Siti Rahil

Japanese fashion brand and retailer Satisfaction Guaranteed has launched the sale of “kawaii,” or cute, merchandise usually associated with Japan, through high-tech digital vending machines in Singapore. “Singapore will . . . be the first country outside of Japan to have this intelligent digital ...