All articles by Hemanth Kumar

Hemanth Kumar

Discount store chain Max Stock opens first location in Portugal

The new store will be located in Braga, Portugal, marking the company’s first location outside Israel.

Pacsun launches second space of resale platform PS Reserve in US

The company launched the Peace & Water collection, coinciding with the opening of the new PS Reserve space.

IKEA unveils €1.2bn investment plan in France

The investment will include €906m in new funds and €377m from a previous investment.

Electrical retailer Currys announces improved profit outlook

The improved profits are attributed to improved gross margin and cost efficiencies.

Woolworths partners with First Insight to enhance customer engagement

Woolworths will use the Next-Gen Retail Tech Platform to optimise design, merchandising, and sourcing.

Carrefour Brazil in talks with Barzel to sell assets for $262.7m

The company plans to lease back the assets under lease agreements with Barzel.

Building materials retailer CMO Group posts a 9% revenue growth for 2022

The company’s operating profit increased to £0.63m during 2022.

Fashion retailer Dry Goods continues expansion with 11 new stores

The retailer will open its first locations in Arkansas, Alabama and New York.

KKR to increase stake in Japanese supermarket chain Seiyu

The investment firm will focus on providing greater value and convenience to Seiyu’s customers across Japan.

Discount store chain Tokmanni to open two Miny brand stores in Finland

Miny is a lifestyle brand launched by Tokmanni in February 2022.