All articles by Hemanth Kumar

Hemanth Kumar

Lowe’s closes Maintenance Supply Headquarters acquisition for $512m

US-based home improvement firm Lowe’s Companies has completed its previously announced $512m acquisition of Maintenance Supply Headquarters, which operates distribution…
UK’s Yoyo Wallet secures investment for business expansion

UK-based mobile payment and customer engagement start-up Yoyo Wallet has secured a £12m investment through a Series B round, which…
Forever 21 chooses Toshiba for retail technology services

Retail point-of-sale (POS) technology provider Toshiba Global Commerce Solutions is set to provide wall-to-wall client services and equipment to US…
Cin7 integrates inventory management solutions with Walmart Marketplace

Cloud-based inventory management solutions provider Cin7 has integrated its product suite with the Walmart Marketplace to offer improved order handling…
L1 Retail to acquire Holland & Barrett for £1.77bn

L1 Retail has agreed to purchase UK-based health and wellness retail chain Holland & Barrett from Nature’s Bounty and Carlyle…

Tesco launches one-hour delivery service

UK-based grocery and general merchandise retailer Tesco has launched a one-hour delivery service for shoppers in central London.Following the launch,…
Verifone unveils new mobile and portable payment solutions for retailers

US-based payment solutions provider Verifone has launched two new mobile point-of-sale (mPOS) products, in order to provide portable payment solutions…
Nordstrom Rack to open in Glendale, US

US-based fashion retailer Nordstrom is planning to open a new 26,800ft² Nordstrom Rack store at Bayshore Town Centre in Glendale,…
Sears Canada to shut 59 stores and cut 2,900 jobs

Sears Canada is set to close 59 stores and axe 2,900 positions as part of a court-supervised restructuring plan.The move…
Action deploys Bamboo Rose retail solution for improved sourcing

Dutch discount store chain Action has chosen the Bamboo Rose product lifecycle management (PLM) and sourcing platform in order to…