Stokes to close its less profitable stores in restructuring process
Canadian independent tableware and kitchenware retailer Stokes has commenced a restructuring process aimed at securing its future growth and profitability. …
All articles by Jangoulun Singsit
Jangoulun Singsit
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Class action commences against Australia’s Coles and Woolworths
Law firm Gerard Malouf & Partners launched class action proceedings against Australian supermarket giants Coles and Woolworths in mid-November 2024. …
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Lidl GB boosts support for British farmers with £21bn investment
Discount retailer Lidl GB is set to surpass its initial £15bn ($18.92bn) investment goal in the UK food sector by…
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Burberry reports 22% revenue decline in H1 FY25
Luxury fashion house Burberry has reported a significant 22% decrease in revenue for the first half (H1) of fiscal year…
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SRC and Usdaw urge public to be kind to retail workers during festive season
The Scottish Retail Consortium (SRC) and trade union Usdaw have made a joint appeal for considerate Christmas shopping, urging the…
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BIG W unveils A$4m store in Port Adelaide, Australia
BIG W, a discount department store under the Woolworths group, has inaugurated its latest store in Port Adelaide, Australia, marking…
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Tapestry and Capri mutually agree to terminate $8.5bn merger
Tapestry, a US conglomerate of luxury fashion brands, has officially terminated its merger agreement with Capri Holdings, owner of Versace,…
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M&S expands Beauty Takeback Scheme to 100 UK stores
British multinational retailer Marks & Spencer (M&S) has broadened its Beauty Takeback Scheme in partnership with HANDLE, increasing the participating stores…
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Seven & i receives buyout proposal from founding Ito family member
7-Eleven owner Seven & i Holdings has acknowledged the receipt of a buyout proposal from Ito-Kogyo, linked to the former's…
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Loblaw reports retail segment sales up 1.5% in Q3 FY 2024
Canadian retailer Loblaw Companies has recorded a 1.5% increase in total revenue for the third quarter (Q3) of fiscal year…