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. Retail-insight-network.com 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, Drugstore.com and Beauty.com, in a bid to focus on Walgreens.com.

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).