Walmart to acquire Mexican delivery company Cornershop for $225m
American retail giant Walmart has entered a definitive agreement to buy Latin American grocery delivery company Cornershop for $225m. Cornershop…
All articles by Divya Tirumalaraju
Divya Tirumalaraju
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American crafts retailer Michaels to close 94 Aaron Brothers stores
US-based crafts speciality retailer Michaels Companies has unveiled plans to close 94 Aaron Brothers framing and art supplies stores by…
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Walmart plans to invest in India’s e-commerce to challenge Amazon
Walmart is investing in Indian technology start-ups and talent to support its proposed deal to buy a stake in online…
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UK fashion retailer New Look to shut down 60 stores and cut 980 jobs
Fashion retailer New Look is all set to shut down 60 stores and cut 980 jobs across the UK, after…
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Walmart plans to open 500 in-store FedEx locations
Walmart has signed an agreement to place 500 new FedEx Office locations within select domestic Walmart stores in the US…
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Bluecore and Magento to offer personalised customer interactions
Bluecore, an AI-driven retail platform, has collaborated with Magento Commerce to provide retailers with enhanced opportunities to interact with their…
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Google partners with US retail chains to enhance online sales
Google has teamed up with US retailers in a new initiative that will help it boost sales and challenge Amazon’s…
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American teen jewellery retailer Claire’s files for bankruptcy
US-based teen jewellery and accessories retailer Claire’s has filed for Chapter 11 bankruptcy protection, blaming the lower customer traffic at…
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Wesfarmers plans to demerge Cole’s supermarket division in Australia
Wesfarmers has proposed to demerge its Coles supermarket division, which would create a new Top 30 company listed on the…
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Crate and Barrel to use Neustar’s system for customer insights
Home furnishings retailer Crate and Barrel has chosen information services provider Neustar’s OneID system to gain complete customer insights for…