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News

  • 23 January 2018

    Amazon opens the first check-out free supermarket

    Amazon has become the first retailer to open a check-out free supermarket, where you can buy groceries with no human or self-service interaction, making dreaded supermarket queue a thing of...

  • 23 January 2018

    UK’s Ocado partners with Sobeys in Canada

    UK-based online supermarket company Ocado has signed an agreement with Canadian food retailer Sobeys, under which the latter will be using the Ocado Smart Platform (OSP) to set up a...

  • 23 January 2018

    Richemont to acquire entire stake in Yoox Net-a-Porter

    Swiss luxury goods holding company Compagnie Financière Richemont (Richemont) has expressed its intent to acquire all the ordinary shares of the Italian online fashion retailer Yoox Net-a-Porter (YNAP) by launching...

  • 22 January 2018

    Steinhoff secures €200m loan in South Africa

    South Africa’s retail holding company Steinhoff is said to have gained financial stability after it obtained monetary assistance from lenders in the country for interim liquidity support for the group’s...

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