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Retail News

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01 August

Dollar General buys Walmart Express stores

  • Categories Retail News
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In January, Wal-Mart Stores Inc. shut down all 102 of its smaller-format Walmart Express stores, part of an effort to shutter 269 underperforming stores worldwide and 154 in the U.S. Walmart Express stores were …

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28 July

Amazon Prime Comes to India

  • Categories Retail News
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Amazon has long set its sights on India as an important market, one CEO Jeff Bezos recently called the company’s “fastest growing geography.”  This underscores the importance of Amazon’s announcement Tuesday that its Prime membership …

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26 July

Opening Cerimony unveils new collection for summer olympics

  • Categories Retail News
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A boxing ring welcomes Brooklyn Museum patrons into Opening Ceremony’s pop-up shop. In creating the brand, inspiration from the Olympics came into the picture. And now, designers pay homage to that same …

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26 July

Delhaize Group and Royal Ahold complete merger

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Dutch retail giant Ahold and Belgian rival Delhaize said they had finalised their mega-merger after US regulatory authorities gave the union the green light. Both groups said they had inked …

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25 July

LVMH Is Selling Donna Karan for $650 Million

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French luxury group LVMH has agreed to sell Donna Karan International to American manufacturing and licensing company G-III Apparel Group in a deal valuing the fashion brand at $650 million, …

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22 July

Sainsbury’s gets all-clear to buy Argos

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The competition regulator has approved the Sainsbury’s £1.4bn takeover of Home Retail Group, which owns Argos, clearing the way for the supermarket chain to become Britain’s biggest seller of general goods. The …

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20 July

Unilever Buys Dollar Shave Club for $1 Billion

  • Categories Retail News
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Unilever announced on Tuesday evening that it is getting into the razor business, by agreeing to acquire Dollar Shave Club. No financial terms were disclosed, but multiple sources close to …

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20 July

Zalando Soars as Raised Margin Goal Helps Silence Doubters

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Zalando SE shares rose the most ever in Frankfurt after the German online apparel retailer raised its full-year margin forecast and doused concern over falling profitability. The adjusted Ebit margin for the year will …

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20 July

Sainsbury’s gets all-clear to buy Argos

  • Categories Retail News
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The competition regulator has approved the Sainsbury’s £1.4bn takeover of Home Retail Group, which owns Argos, clearing the way for the supermarket chain to become Britain’s biggest seller of general goods. The …

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19 July

This Newly Approved Merger Will Create France’s Largest Electronics Retailer

  • Categories Retail News
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France’s competition authority on Monday approved plans by French music and book chain Fnac to take over consumer electronics retailer Darty. The regulatory decision means that the two companies will …

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