Bain Capital named preferred buyer for Seven & i non-core asset
Seven & i Holdings, parent company of convenience chain 7-Eleven, has selected Bain Capital as favoured bidder for a significant…
All articles by Jangoulun Singsit
Jangoulun Singsit
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UK retail sales rose 1.7% in January 2025, their highest since August 2024
Retail sales volumes in the UK increased 1.7% in January 2025 in a significant recovery from the 0.6% dip experienced…
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Target faces lawsuit from Florida for hiding diversity initiatives risks
The US state of Florida has initiated a lawsuit against US retail giant Target, claiming that the company's misrepresentation of…
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Frasers abandons takeover bid for Norway’s XXL
British sportswear and fashion conglomerate Frasers Group has decided not to move forward with its bid for Norwegian sporting goods…
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ACCC to target retail pricing and merger reforms in 2025/26
Retail pricing, merger reforms and competition challenges will be the Australian Competition and Consumer Commission’s (ACCC) priorities for the fiscal…
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Sainsbury’s launches food waste-to-fuel initiative for HGV fleet
British supermarket chain Sainsbury's is launching a logistics initiative that will convert food waste into biofuel to power its fleet…
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Walmart’s Q4 FY25 profit and earnings exceed expectations
US retail giant Walmart has reported a "healthy top line” in fiscal 2025 (FY25) with its sales, profit and earnings…
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2.9% H1 FY25 profit rise for Kmart and Bunnings’ owner, Wesfarmers
Australian conglomerate Wesfarmers has posted a net profit after tax (NPAT) of A$1.46bn ($0.927bn) for the first half (H1) of…
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US retailer GameStop plans France and Canada operations’ sale
US video game and merchandise retailer GameStop has revealed plans to divest its business operations in France and Canada. The…
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Kontoor Brands to acquire outdoor brand Helly Hansen for $1.27bn
North Carolina-based Kontoor Brands, the parent company of lifestyle apparel brands Wrangler and Lee, has entered a definitive agreement to…