Tesco to close two distribution centres in UK
UK-based grocery retailer Tesco is planning to close two of its distribution centres, as part of its programme to simplify…
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BJ’s Wholesale Club deploys cash automation across 200 stores
BJ’s Wholesale Club has deployed cash automation solutions across more than 200 stores in the US, in partnership with Glory…
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IRC to develop Publix-anchored shopping centre in Florida
IRC Retail Centres (IRC) is planning to develop a 66,000ft² Publix-anchored retail centre in Pensacola, Florida, US. The joint venture…
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Alibaba proposes $2.6bn bid to privatise Intime Retail
Onilne retailer Alibaba has proposed a HK$19.8bn ($2.6bn) bid to privatise Intime Retail, in partnership with an entity owned by…
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The Limited to close 250 stores in US
US-based apparel retailer The Limited has started closing all 250 of its retail outlets across the country.The Limited intends to…
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Rakuten Deutschland selects Wirecard payment methods
Online retailer Rakuten Deutschland has expanded its partnership with technology provider Wirecard, by selecting the latter's additional payment methods in…
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Lafayette 148 opens new stores in Miami, US
US-based luxury fashion brand Lafayette 148 New York has opened two new stores in Miami, Florida, in order to expand…
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Sears Holdings to close 150 stores and divest Craftsman brand
US-based retailer Sears Holdings Corporation is planning to close 150 non-profitable stores, as well as divest its Craftsman brand to…
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Apple to open first retail store in South Korea
Apple is set to open a store in the shopping district of Garosugil in southern Seoul, marking its first retail…
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M&As this week: Gansu Gangtai Holding Group, Freshboxx Ventures, Shanghai Dairy Group
Gansu Gangtai Holding Group has announced its plans to acquire an 85% stake in Buccellati Holding Italia from Clessidra SGR…