All articles by Lopamudra Roy

Lopamudra Roy

February’s top stories: TJX to add 1,800 stores, Aldi to invest $1.6bn

TJX to expand with 1,800 new stores, and Aldi to invest $1.6bn to improve customer shopping experience. wraps up the key headlines from February 2017.

Hankook Tire to acquire Australian retailer JAX Tyres

South Korean tire company Hankook Tire has decided to purchase 100% stake in Australia-based retailer JAX Tyres.

Walgreens to close two online retail operations in US

American retail company Walgreens will discontinue operations of two of its websites, and, in a bid to focus on

Wal-Mart China faces protests from employees against changed work schedules

Wal-Mart employees in China have launched a series of strikes in protest of the company’s new work schedules, as the American retailer overhauls its declining business amid slowing economic growth and tough competition from e-commerce.

Supermarket chain Fiesta Mart acquires 11 Minyard Food stores

US food retailer Fiesta Mart has acquired 11 outlets from supermarket chain Minyard Food Stores in the Dallas-Fort Worth Metroplex from Texas-based RLS Supermarkets.

Profitero launches e-commerce platform for brands to track product performance

Irish e-commerce service Profitero has introduced its Digital Shelf 360 platform to help brands track and accelerate product performance across several retailer sites.

Wal-Mart plans to open supercentre in Bethlehem, Pennsylvania

US retail corporation Wal-Mart Stores is planning to establish a supercentre at Lehigh Valley Industrial Park VII in south Bethlehem, Pennsylvania.

India’s Future Retail managing director Kishore Biyani steps down

India-based Future Group chairman Kishore Biyani has resigned as managing director of Future Retail as a part of the company’s restructuring programme.

Alabbar to buy 4% stake in Yoox Net-A-Porter

Dubai-based Alabbar Enterprises will acquire a 4% stake in Italian retail company Yoox Net-A-Porter (YNAP).