Deals this week: Carrefour, Maoye Commercial, B.T.T.R Ventures
Romania-based Carrefour has agreed to give up three of its stores in Braila so that it can get an approval…
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M&As this week: Bregal Freshstream, The Invus Group, KFit Holdings
Bregal Freshstream has taken over Radley + Co. after a much rumoured acquisition involving the company.Following the deal, Donald Mccarthy,…
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Smartphone maker LeEco enters offline market in India
LeEco has become the latest smartphone manufacturer to enter into India's offline retail sector, with the introduction of the Le…
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Amazon to invest $3bn in India
Online retailer Amazon plans to invest $3bn in India to build its business as it predicts that the country will…
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Ralph Lauren to cut 1,000 jobs
Luxury fashion retailer Ralph Lauren plans to axe 1,000 jobs and close 50 outlets as part of its strategy to…
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goPuff raises $5m in venture funding for expansion
On-demand convenience store delivery service goPuff has raised an additional $5m in venture funding led by exisiting investor Anthos Capital.This…
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Walmart collaborates with Uber, Lyft and Deliv to test online grocery delivery service
Walmart has partnered with Uber, Lyft and Deliv to test delivery services for online grocery orders in the US.The test…
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Burberry CEO’s pay cut by 75% in 2015
Burberry CEO Christopher Bailey's pay was cut by 75% as the luxury fashion house experienced a drop in profits.Last year,…
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May’s top stories: IKEA to open Las Vegas store, Aditya Birla Fashion and Retail signs MoU
IKEA to open first Nevada store in Las Vegas IKEA opened a store in Las Vegas, Nevada, US, last month.…
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M&As this week: Korea Display System, Infibeam, SoCoMo Technologies
Korea Display System has announced that it will acquire Marine Cosmetics for $9.59m. The amount will be paid through a…