UK retail parks benefit as February 2025 footfall bounces back
Overall UK retail footfall witnessed a marginal rise of 0.2% in February 2025 compared to the same month of 2024,…
All articles by Jangoulun Singsit
Jangoulun Singsit
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Sycamore Partners to buy Walgreens Boots Alliance for $23.7bn
Investment firm Sycamore Partners has confirmed a binding agreement to purchase US healthcare and retail major Walgreens Boots Alliance (WBA)…
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adidas exceeds FY24 projections with 12% revenue jump
German sportswear giant adidas exceeded its revenue growth projections for the fiscal year 2024, recording a 12% surge on a…
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KKR agrees to divest Seiyu to Trial for $2.5bn
Global investment company KKR has signed a definitive agreement to divest its ownership stakes in supermarket chain Seiyu to Japanese…
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ICA Gruppen sells food retail operation Rimi Baltic for $1.39bn
Swedish retailer ICA Gruppen has completed the sale of its fully owned food retail business, Rimi Baltic, to the Salling…
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Co-op admits breaches of competition order and illegal land use
British co-operative group Co-op has acknowledged a total of 107 instances in which it failed to adhere to the Groceries…
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Marks & Spencer invests £95m in UK retail pay offer
UK retailer Marks & Spencer (M&S) has allocated £95m ($121m) to increase its retail pay offer, despite facing additional financial…
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Nordstrom’s 2024 sales and profitability exceed expectations
US department store chain Nordstrom has disclosed its fourth quarter (Q4) financial results for the fiscal year 2024 (FY24), with…
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Target’s Q4 FY24 performance driven by growth in traffic and digital sales
US retailer Target has reported strong performance in the fourth quarter (Q4) of fiscal 2024 (FY24), driven by increased foot…
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Aldi US advances digital efficiency with AI-driven product descriptions
Grocery retailer Aldi US has initiated a partnership with Digital Wave Technology, a company specialising in AI-driven solutions, to automate…