Neiman Marcus to acquire minority stake in Fashionphile
US-based luxury retailer Neiman Marcus Group has announced an agreement to purchase a minority stake in e-commerce company Fashionphile. Both…
All articles by Gujjarlapudi Satish
Gujjarlapudi Satish
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Sports Direct to cut 300 jobs in Wigan warehouse closure
UK sportswear retailer Sports Direct has announced it will close its warehouse in Wigan, Greater Manchester, resulting in the loss…
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Apollo Funds to buy US food retailer Smart & Final for $1.12bn
US-based food and everyday staples retailer Smart & Final Stores has entered into a definitive merger agreement with certain investment…
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Walmart and Kidbox partner for kids’ stylebox subscription service
American retail chain Walmart has partnered with children’s clothing start-up Kidbox to offer an exclusive, curated stylebox for kids. Walmart.com…
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British fashion retailer Monsoon Accessorize to seek CVA
British fashion retail chain Monsoon Accessorize is reportedly considering a company voluntary arrangement (CVA) in a bid to restructure its…
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JD Sports receives shareholder approval for Footasylum acquisition
UK-based JD Sports has announced that its offer to buy fashion retailer Footasylum has become wholly unconditional in all respects.…
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US discount chain Fred’s to close 30% of stores
US-based discount chain Fred’s has announced that it will close underperforming stores and has retained investment bank and financial services…
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Casino Group sign agreements to sell four stores
French supermarket retailer Casino Group has entered unilateral purchase commitments to sell two Géant hypermarkets and two Leader Price stores…
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Arcadia Group buys back 25% stake in British fashion retailer Topshop
Sir Philip Green’s retail firm, Arcadia Group, has re-acquired a 25% stake in British fashion retailer Topshop and Topman from US…
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Carrefour Supermarkets announces plans to open Gome outlets in China
French supermarket chain Carrefour Supermarkets has announced it will open more than 200 Gome outlets in China. "We're confident in…