Korean online retailer Coupang to receive $2bn funding from SoftBank
Korean online retailer Coupang is set to receive $2bn in new funding from SoftBank Vision Fund to make investments in…
All articles by Gujjarlapudi Satish
Gujjarlapudi Satish
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X5 Retail to create JV for online orders distribution through parcel lockers
Russian food retailer X5 Retail Group has partnered with privately owned bank Sovcombank to establish a joint venture (JV) for…
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David’s Bridal files for reorganisation under Chapter 11
Wedding dress retailer David's Bridal has filed for reorganisation under Chapter 11 of the United States Bankruptcy Code in the…
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Metcash to establish a new distribution centre in South Australia
Australian grocery distribution and marketing firm Metcash has entered into a long-term lease agreement with Charter Hall to establish a…
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Kroger and Ocado to build automated warehouse facility in Cincinnati, US
American retailer Kroger and UK online supermarket Ocado Group have revealed that the first automated warehouse facility will be built…
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US court confirms Mattress Firm’s reorganisation plan
US-based speciality retailer Mattress Firm has received approval for its reorganisation plan from the US Bankruptcy Court in Delaware. The…
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Lidl to buy 27 Best Market stores in New York and New Jersey
Lidl US has signed an agreement to purchase 27 grocery stores of Best Market in New York and New Jersey…
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MedMen to buy cannabis retail store operations and licence from Captor
MedMen Enterprises has entered a definitive $16m agreement with Canadian investment company Captor Capital to buy the retail operations and…
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Report finds UK supermarkets produce 810,000t of single-use plastic a year
A report by the Environmental Investigation Agency (EIA) and Greenpeace UK has shown that the top ten supermarkets in the…
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Ontario implements new regulations for private cannabis retailers
Ontario's Government for the People has passed new regulations to offer clarity for the establishment and operation of a private…