Neiman Marcus to close ten Last Call stores in US
US-based omnichannel luxury fashion retailer Neiman Marcus is set to close ten of its off-price Last Call stores in order…
All articles by Hemanth Kumar
Hemanth Kumar
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Wayfair unveils new luxury home furnishings online platform
American e-commerce company Wayfair has launched its new Perigold online platform for luxury home furnishings and décor.Offerings from the platform…
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Quri and Acosta collaborate to enhance in-store merchandising solutions
Retail intelligence and analytics services firm Quri has partnered with sales and marketing agency Acosta to strengthen its performance-driven merchandising…
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John Lewis to close Edinburgh distribution centre in UK next month
UK department stores chain John Lewis has unveiled plans to shut down its Edinburgh distribution centre next month.The closure of…
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DIY retailer ManoMano raises €60m in funding to support European growth plan
French online DIY marketplace ManoMano has secured €60m in Series C funding, in order to strengthen its presence across Europe.Led…
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Germany’s Lesara raises $40m in series C funding for business expansion
German online fashion and lifestyle retailer Lesara has secured $40m in series C funding round led by new and existing…
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American retailer rue21 to exit bankruptcy
Teen speciality apparel retailer rue21 is set to exit the bankruptcy process after the US Bankruptcy Court for the Western…
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Eve Sleep expands presence in Germany with new retail agreement
UK-based e-commerce retailer Eve Sleep has signed an agreement to sell its products at stores operated by German department store…
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Nordstrom to open new retail concept store in California, US
American luxury department stores chain Nordstrom has unveiled its plan to open a smaller neighbourhood hub next month in West…
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Asda cuts 300 jobs to keep falling sales under check
UK supermarket retailer Asda has cut around 300 jobs as part of a strategy aimed at keeping declining sales in…