Vietnam restaurant chain Mon Hue has closed down without notice, evidently unable to pay its debt. Restaurants under the Mon Hue brand along with sister chains including Pho Ong Hung …
Waitrose has opened one new store and confirmed plans for another in the UAE. The first new store, which will be operated by Fine Fare Food Market, opened in in …
Hudson’s Bay Company, which owns Saks Fifth Avenue, has agreed to be taken private in the latest upheaval to hit the retail sector. The Canadian-based retailer will buy back the …
Domino’s has run into trouble in Europe: the company, that operates the pizza chain’s UK franchise, has abandoned an expansion into Switzerland, Norway, Sweden and Iceland after its stores there …
After its successful launch in Hyderabad and Mumbai, Swedish furniture giant Ikea is now looking at expanding in tier-II cities as a part of its phase 2 expansion plan. The …
Would it surprise you to learn that online sales for the USA in 2018 amounted to less than 15% of all retail in total? Well, ecommerce only represented 14.3% of …
Nike is reportedly planning to end its supply agreements with independent retailers over the next two years as it focuses efforts on its direct-to-consumer division. According to The Sunday Times, …
Uber has announced it will acquire Santiago-based Cornershop, an online grocer serving Chile, Mexico, Peru and Toronto, according to a press release. The acquisition is expected to close in early …
E-commerce giant Flipkart said it is setting up a new local entity – Flipkart Farmermart – that will focus on food retail in India, as it looks to take on …
German wholesaler Metro has agreed to sell a majority stake in its Chinese operations to local retailer Wumart, continuing a drive to simplify its business and focus on its core customers …
Brands are facing more complexity than ever with the growing needs of customers and the multiplying number of sales channels. With online sales growing threefold during the last four years, …
Consumers are increasingly going to be able to get their Levi’s from Levi’s, and they’re likely to pay full price. That’s essentially the strategy outlined by Levi’s CEO Chip Bergh as …