All articles by Katie Smith-Wong

Katie Smith-Wong

M&As this week: Salling Companies, The Foschini Group

Salling Companies has reached an agreement with A.P. Moller-Maersk to acquire the remaining 19% stake in Dansk Supermarked A/S.

Deals this week: musicMagpie, Knockmart, CROPS

musicMagpie has reached an agreement with Poundland to supply refurbished CDs, DVDs and Blu-Rays to retail stores owned by the latter.

West Elm opens new store in Hoboken, New Jersey

US-based home furnishings retailer West Elm has opened a new store in Hoboken, New Jersey.

Target set to open 12 new stores across US

US-based discount store retailer Target has unveiled its new small-format store in Midtown Manhattan’s Herald Square, which is one of the 12 new stores to open across the country this week.

M&As this week: Yonghui Superstores, IMM Private Equity, Supervalu

Yonghui Superstores is set to become the sole owner of Shanghai East Exhibition International Trade by acquiring the remaining 45% stake in the latter for CNY30.2m ($4.56m).

Whole Foods opens new store at Canyon Corners in Park City, Utah

Whole Foods has opened a supermarket at Canyon Corners in Park City, Utah, US.

Berengaria acquires Porter’s Vale Shopping Center in Indiana, US

Marcus Investments’ portfolio company Berengaria has acquired Porter’s Vale Shopping Center in Valparaiso, Indiana, US, for an undisclosed price.

Lighthouse invests in V2 Retail’s store expansion plans in India

Middle-market private equity firm Lighthouse has invested Rs760m ($11.68m) in India-based company V2 Retail in order to support the retailer’s store expansion plans.