Retail giants form Aura Retail alliance for purchasing synergies
Intermarché, Auchan and Casino have announced the formation of the Aura Retail alliance, aimed at enhancing their long-term purchasing partnership. …
All articles by Jangoulun Singsit
Jangoulun Singsit
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Grove secures $15m investment from Volition Capital
Plastic-neutral retailer Grove Collaborative has secured a $15m private investment in public equity (PIPE) investment from growth equity company Volition…
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Tempur Sealy to divest stores to finalise $4bn Mattress Firm deal
Designer and retailer of bedding products Tempur Sealy has announced plans to sell more than 100 stores to facilitate regulatory…
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ACCC charges Woolworths and Coles with misleading discount pricing
The Australian Competition and Consumer Commission (ACCC) has initiated legal action against supermarket giants Woolworths and Coles, accusing them of…
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MINISO to acquire 29.4% stake in Yonghui Superstores for $893m
MINISO Group, a value retailer offering lifestyle products featuring IP design, has signed share purchase agreements with shareholders of Chinese…
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GU launches US e-commerce site and app, and opens flagship store in NYC
GU, a brand under the Fast Retailing Group and a sister brand to UNIQLO, has expanded its reach with the…
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Supermarket prices at convenience stores up to 21% more than larger branches
Consumers may pay up to 21% more for groceries at local supermarket convenience stores compared to their larger branches, according…
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Co-op opens store in Bailiff Bridge, West Yorkshire, UK
British co-operative group Co-op has announced the opening of its latest store in Bailiff Bridge, West Yorkshire, UK. The new…
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Weis Markets to acquire two Sunnyway supermarkets in Pennsylvania, US
Food retailer Weis Markets has announced an asset purchase agreement with Sunnyway Foods, a family-owned retailer in Pennsylvania, US. Weis…
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Coles launches automated customer fulfilment centre in Victoria, Australia
Supermarket chain Coles has inaugurated its first automated customer fulfilment centre (CFC) at Truganina in Victoria, Australia. The Truganina CFC,…