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Retail News

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23 February

Burger King Owner Pays $1.8 Billion for Popeyes

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On Monday, the speculated tie-up was formally confirmed in a transaction that will bulk up Restaurant Brands to become an even bigger player in the quick-service restaurant segment. Restaurant Brands …

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17 February

Wal-Mart buys Moosejaw, adds hot outdoor gear brands

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Wal-mart has snapped up another online retailer, its third in five months, as it works to close the gap with Amazon.com The world’s largest retailer said Wednesday that its online …

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13 February

Outdoor retailer Gander Mountain mulling Chapter 11

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The privately held outdoor retailer, based in St. Paul, MN, since 2012 has opened or announced some 60 new stores, a major expansion stretching to 162 locations in 27 states.  …

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13 February

Amazon plans private label lingerie expansion

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Amazon, which has been quite assertive in its apparel push, has become the largest online seller of apparel: Its $16.3 billion apparel sales in 2015 exceeded those of the next …

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13 February

Ahold Consolidating Stop & Shop Divisions

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News of the division consolidation came as Ahold USA and Delhaize America announced plans “to further strengthen their brands to ensure they will remain customer-focused, close to their communities and …

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08 February

Walmart Continues to Get Thrashed in This One Major International Market

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Sales at Walmart’s U.K. unit, Asda, fell 1.9% to £4.3 billion ($5.3 billion) for the 12 weeks to Jan. 29, making it the only grocery store experience a decline. Asda, …

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06 February

Canada’s Hudson’s Bay makes takeover approach for Macy’s

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While the Toronto-based company faces major financing and operating challenges in completing a deal to buy Macy’s, which is trying to overhaul its operations, it could use its existing foothold …

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03 February

In US, Retailers Up Fight Against Republican Tax Proposal

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More than 100 retailers including Wal-Mart and Target as well as key trade associations are launching a new coalition aimed at fighting a Republican proposal on how imports get taxed, …

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02 February

LVMH to tighten grip on eyewear business with Marcolin deal

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Marcolin and LVMH have entered into a joint venture agreement  in respect of the proposed JV (jont venture) with LVMH pursuant to which, subject to certain conditions and approvals, the …

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30 January

What Will The Tesco-Booker Merger Mean?

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Now the convenience store market is facing renewed scrutiny after Tesco pulled a rabbit out of the hat last month by announcing a £3.7bn takeover of cash-and-carry giant Booker. The …

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