Hemanth Kumar

Hemanth Kumar is a News Editor for NRi Digital.

All articles by Hemanth Kumar

1. Walmart and JD.com invest $500m in Chinese online delivery firm

   Supermarket retail major Walmart and e-commerce platform JD.com have invested $500m in Chinese online grocery delivery firm Dada-JD Daojia in…
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   13 Aug
2. Irish family agrees to acquire UK discount retailer Poundworld

   An Irish retail family, the Hendersons, has reached an agreement in principle to acquire collapsed British discount retailer Poundworld. In…
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   13 Aug
3. Mattress retailer Casper to expand footprint across North America

   US-based online sleep products retailer Casper is reportedly planning to open 200 stores across North America over the next three…
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   9 Aug
4. Remitly launches money transfer service in 250 Grupo Exito stores

   US-based independent digital remittance company Remitly has partnered with B2B electronic domestic and cross-border processing and payment platform TransNetwork to…
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   27 Apr
5. M&D Distributors selects Mi9 e-Commerce to increase digital presence

   Omnichannel retail solution provider Mi9 Retail has announced that M&D Distributors has selected its Mi9 e-Commerce solution to run its…
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   29 Mar
6. Piggly Wiggly’s independent owners to buy six grocery stores in US

   Three independent US-based Piggly Wiggly store owners, with the support of C&S Wholesale Grocers, have signed a definitive agreement with…
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   29 Mar
7. H&M blames 61% profit fall on cold weather and slow sales

   Swedish clothing retailer H&M’s pre-tax profits fell by 61% to 1.26bn Skr (£108m) in the first quarter ending 28 February,…
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   29 Mar
8. Williams-Sonoma to acquire augmented reality platform Outward

   US-based kitchenwares and home furnishings retailer Williams-Sonoma (WSI) has signed an agreement to acquire 3D imaging and augmented reality platform…
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   22 Dec
9. Ralphs to re-open revamped Portola Plaza

   US-based supermarket chain Ralphs Grocery Company is set to re-open its remodelled supermarket Portola Plaza in North Mission Viejo on…
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   11 Dec
10. Asda begins consultation over pay cut or redundancy for 862 jobs

    Walmart-owned supermarket chain Asda has initiated a consultation process with staff to cut 862 jobs or enforce pay cuts in…
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    11 Dec