Retail Food Group to close 250 stores by 2019
Retail Food Group (RFG), the Australia-based operator of Gloria Jean's and Donut King banners, is planning to close 250 domestic…
All articles by Gujjarlapudi Satish
Gujjarlapudi Satish
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MediaMarktSaturn and Fnac Darty forms European Retail Alliance
German consumer electronics retailer MediaMarktSaturn Retail Group has partnered with electrical retailing company Fnac Darty to launch European Retail Alliance…
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August’s top news stories
Walmart completes acquisition of 77% stake in Flipkart for $16bn US retail giant Walmart completed the acquisition of a 77%…
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Walmart expands toy portfolio across stores
Retail major Walmart has expanded inventory of new toys by 30% in offline stores as well as on Walmart.com by…
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DSW to shut 38 Town Shoes stores in Canada
US-based footwear retailer Designer Shoe Warehouse (DSW) is set to close its 38 stores of its Town Shoes brand in…
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Amazon in talks to buy minority stake in Spencer’s Retail
US online retail major Amazon is entering talks to acquire a minority stake in Indian retail chain Spencer's Retail in…
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Bluestar Alliance places $40m bid to acquire gift retailer Brookstone
US-based brand development firm Bluestar Alliance has placed a $40m bid to buy bankrupt gift retailer Brookstone. The firm filed…
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Naked Brand secures $25m strategic funding from Sapinda
Global apparel and swimwear retailer Naked Brand Group has signed a non-binding term sheet with European investment firm Sapinda Holding…
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Matas to buy digital retailer Firtal Group for $20.37m
Danish drug store chain Matas has entered an agreement to acquire digital retailer Firtal Group, for an enterprise value of…
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Food Lion completes remodelling of 105 stores with $168m
US-based grocery chain Food Lion has completed the remodelling of its 105 area stores in greater Norfolk, Virginia, with an…