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Retail News

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06 August

Sports Direct buys fashion retailer Jack Wills for £12.75 million

  • Categories Retail News, Top News
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Sports Direct has bought Jack Wills out of administration after competing against Edinburgh Woollen Mill Group. It will acquire 100 Jack Wills stores in the UK and Ireland and take …

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05 August

Aesop opens a new store in Seoul

  • Categories Retail News
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Luxury skincare brand Aesop has opened a distinctive store in south-central Seoul designed by Hong Kong designers Mlkk Studio. The designers laid out the two-level Aesop store in Seoul using …

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05 August

CVS targets millennials with Amazon-like membership

  • Categories Retail News, Top News
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CVS has a plan to win over millennials and it looks a lot like Amazon Prime: free home delivery of products from shampoo to cold medicine, all for an annual …

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02 August

Amazon talks to buy stake in India’s Reliance Retail

  • Categories Retail News, Top News
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Amazon is eyeing up India’s largest brick-and-mortar retailer, according to The Economic Times. Two senior executives told the Indian newspaper that Amazon is in talks to acquire a 26% stake …

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01 August

Simon Property Group, could help save more retailers from liquidating

  • Categories Retail News, Top News
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The biggest mall owner in the U.S., Simon Property Group said it’s considering more opportunities where it would invest in a retailer to help keep it afloat. “I think it’s …

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01 August

EssilorLuxottica sets sights on retail dominance with $8 billion GrandVision deal

  • Categories Retail News, Top News
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EssilorLuxottica is buying Dutch opticians group GrandVision for up to 7.2 billion euros ($8 billion) in cash to take control of thousands of stores where it sells spectacles and lenses. …

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31 July

Just Eat in £9bn merger with Takeaway.com

  • Categories Retail News, Top News
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Just Eat and Takeaway.com want to join forces to fight Uber Eats and Amazon in Europe’s crowded food delivery market. Dutch company Takeaway.com said that it had reached a preliminary …

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30 July

Jollibee to buy The Coffee Bean & Tea Leaf for US $350 million

  • Categories Retail News, Top News
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Philippine restaurant operator Jollibee Foods is to buy US cafe brand The Coffee Bean & Tea Leaf outright for US $350 million. The acquisition is Jollibee’s largest to date, and …

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29 July

Lidl Ireland Opens 200th Store In Tullamore

  • Categories Retail News, Top News
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Lidl Ireland has announced that it has opened its 200th store in Tullamore in County Offaly. The new store is part of the retailer’s €200 million investment plan for 2019, …

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25 July

Popeyes China plans to open more than 1500 restaurants

  • Categories Retail News, Top News
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Popeyes Louisiana Kitchen is set to develop and open more than 1500 Popeyes restaurants in Mainland China over the next 10 years. Popeyes China will be the last of Restaurant …

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