Aldi UK to expedite expansion with £800m investment
Supermarket chain Aldi has disclosed an £800m ($1.05bn) investment, its largest ever annual investment plan to expedite its growth across…
All articles by Jangoulun Singsit
Jangoulun Singsit
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Big Lots signs sale deal with Nexus, initiating Chapter 11 process
Ohio-based US discount retail chain Big Lots has signed an agreement with an affiliate of Nexus Capital Management under which…
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Auréa Group rescues Body Shop from administration
Ethical beauty brand The Body Shop has been saved from administration by a consortium led by British cosmetics tycoon Mike…
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Fainders.AI debuts affordable cashierless MicroStore in South Korea
South Korean retail AI company Fainders.AI has introduced a compact, cost-effective cashierless MicroStore, making autonomous retail accessible to a broader…
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ASOS to introduce new fee for frequent returners
ASOS, the UK online fashion retailer, has announced a change to its returns policy in the UK, the Guardian reported. …
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Seven & i board rejects takeover bid from Alimentation Couche-Tard
Japanese retail conglomerate Seven & i Holdings has rejected a substantial $38.5bn cash bid from Canadian retailer Alimentation Couche-Tard (ACT). …
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Shoe Carnival reports 12.9% net sales growth in Q2 FY24
Shoe Carnival, a US footwear and accessories retailer, has recorded net sales of $332.69m in the second quarter (Q2) of…
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German retailer contracts Zalaris for payroll and HR services
A major German department store chain has contracted Norway-headquartered software company Zalaris for payroll and HR services. The software company…
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Save A Lot and Yellow Banana re-open six stores in Chicago, US
US discount grocery chain Save A Lot and Yellow Banana, a grocery platform that owns and operates Save A Lot…
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Asos divests majority stake in Topshop and Topman
Online fashion retailer Asos has signed a binding agreement with Heartland’s subsidiary to create a new joint venture (JV) which…
