India not ready to relax 30% local content sourcing norm for Apple
India's Foreign Investment Promotion Board (FIPB) is not ready to ease the 30% local content sourcing regulation for Apple, which…
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Tesco workers to go on indefinite strike in Ireland
Tesco employees in the Republic of Ireland are set to go on an indefinite strike from 26 May.The strike was…
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Joules to raise £77.5m through IPO
UK-based clothing retailer Joules plans to raise more than £77.5m when it lists its share on London's junior stock exchange…
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Barington Capital initiates proxy fight for seats in Chico’s FAS board
Activist fund Barington Capital Group LP has initiated a proxy fight for seats on the board of apparel retailer Chico's.Barington…
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Essar Oil to open more than 400 outlets in UK
Essar Oil UK plans to add 400 more outlets in the country.The company posted net profits of $244m in fiscal…
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Deals this week: Hanesbrands, Smartivity Labs, Home Craft
Hanes Finance Luxembourg has announced that it will offer unsecured notes worth $509.27m and due 2024 through a private offering.The…
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Tata Group to start new online platform in India
India-based Tata Unistore is to open its Tata CLiQ e-commerce platform later this month.Available online and by mobile, Tata CLiQ…
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Puregold to launch online grocery store in Philippines
Philippine retail chain Puregold Price Club is set to launch an online grocery store this year. With this launch, Puregold…
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Sports Direct acquires former Boyers department store in Dublin, Ireland
UK-based retailer Sports Direct has acquired a former Boyers department store in central Dublin, Ireland, for €12.5m.The Boyers department store…
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Carrefours open hypermarket in Kenya
French retailer Carrefour has opened its first Kenyan hypermarket in Nairobi.The hypermarket is located at Hub Shopping Mall in the…