Sports Direct buys cycle retailer Evans Cycles out of administration
Sportswear retailer Sports Direct International have bought British cycle retailer FW Evans Cycles out of administration for a consideration of…
All articles by Gujjarlapudi Satish
Gujjarlapudi Satish
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Wesfarmers sells KTAS business to Continental for $250m
Australian conglomerate company Wesfarmers has concluded the sale of its Kmart Tyre and Auto Service (KTAS) business German automotive firm…
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UK meat retailer Crawshaw intends to appoint administrators
UK meat retailer Crawshaw Group has opted to enter administration in a move to protect both shareholders and creditors after…
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Kroger selects Ocado to develop customer fulfilment centres
US-based retailer Kroger has entered a service and operational agreement with UK online supermarket Ocado Group to develop customer fulfilment…
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Differential Brands buys stake in GBG’s lifestyle business for $1.2bn
US-based Differential Brands Group has completed the acquisition of an interest in the North American licensing business of Global Brands…
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Hibbett Sports agrees to buy US fashion retailer City Gear
US-based athletics retailer Hibbett Sports has agreed to purchase City Gear for a cash consideration of $88m. As part of a definitive…
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Sam’s Club to launch store with no cashiers in Texas
Sam’s Club is set to introduce a concept store without any cashiers in Dallas, Texas, US. The company announced this cashier-less…
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WH Smith to buy US travel retailer InMotion for $198m
British retailer WH Smith has entered into an agreement to purchase 100% of the share capital of US airport-based digital…
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Asda considers axing up to 2,500 jobs next year
Supermarket chain Asda is reportedly considering cuts of up to 2,500 jobs across its operations in a move to reduce…
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United Pacific to buy 39 convenience stores from Macland Investments
US-based convenience store chain United Pacific has signed an agreement to purchase 39 gas station and convenience store assets in…