Ace Hardware closes acquisition of a majority stake in The Grommet
US home improvement retailer Ace Hardware has acquired a majority stake in e-commerce startup The Grommet.Through an e-commerce website, The…
All articles by Hemanth Kumar
Hemanth Kumar
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Walmart strengthens delivery capability in US with acquisition of logistics firm Parcel
Walmart has acquired Parcel to strengthen its capabilities in New York City, US.Parcel is a technology based company engaged in same-day…
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Starbucks closes online store in US to improve offline sales
Coffee chain Starbucks has shut down its online store in the US. The decision to close the store was previously…
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Target unveils drive-up service in Minneapolis-Saint Paul region, US
US discount retailer Target has unveiled a new service that allows customers in the Minneapolis-Saint Paul region to collect products from…
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Gymboree exits bankruptcy with reduced store count
The Gymboree Corporation has emerged from Chapter 11 bankruptcy as new entity Gymboree Group.The company has completed financial restructuring and a court-approved…
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CMA raises competition concerns over acquisition of Tesco Opticians by Vision Express
The UK Competition and Markets Authority (CMA) has raised concerns over a planned acquisition of Tesco Opticians by Vision Express.An initial…
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Toys R Us chooses Mirakl to sell products online next year
US retailer Toys R Us has signed an agreement with global marketplace solutions provider Mirakl to sell products online next…
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Dutch retailer HEMA Sees 40% Increase in Online Sales
Private equity firm Lion Capital has announced strong sales for Dutch retail chain HEMA as part of a strategic review.HEMA…
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Footwear retailer DSW unveils new strategies to improve market share
US-based footwear and accessories retailer DSW has unveiled new strategic initiatives to strengthen its business and improve its market share.The…
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Walgreens chooses IBM retail analytics to improve efficiency in stores
American drug store chain Walgreens has selected technology solutions provider IBM to increase power efficiency across its retail locations.Walgreens will…