Amazon to sell own lines of packaged goods
Online retailer Amazon will begin selling its own new lines of consumer packaged goods (CPG) including snacks and detergents. With…
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Walmart India plans to open 70 extra cash-and-carry stores by 2020
Walmart intends to open 70 additional cash-and-carry outlets in India by 2020, as part of its strategy to boost its…
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IKEA to open first Nevada store in Las Vegas
IKEA is set to open a store in Las Vegas, Nevada, US, later this month. To be opened on 18…
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Chinese e-commerce company Alibaba to open Dutch office
Chinese e-retailer Alibaba is planning to open an office in Amsterdam, the Netherlands. The company intends to become the 'gateway…
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Deals this week: Hanesbrands, Shoppers Stop, Rebagg
US clothing firm Hanesbrands has announced two private senior notes offerings of $900m each.One of them carries a coupon rate…
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M&As this week: Regent Holding Company, Jackson Family Wines, 3i Group
Regent Holding Company, a home furnishing retailer in the US, has taken over Illume Holding Company, which deals in home…
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Deals this week: RKT Lifestyle, Smytten, AutoZone
Indian online apparel retailer RKT Lifestyle (Yufta) has completed a pre-Series A round of funding, which will finance the expansion…
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Deals this week: Sundrug, Vivendi, Lowe’s Companies
Sundrug, a Japanese drugstore operator, has announced that it will form a joint venture (JV) with Japan-based Arcs Group.The former…
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M&A this week: Urban Purveyor, Ticket Monster, Signa Retail, Alibaba, Holma Automotive
Urban Purveyor Group, an Australian restaurant and bar operator, has acquired Fratelli Fresh in a deal that includes the latter's…
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M&As this week: Amazon.com, Bentley’s Pet Stuff, Flipkart
Amazon.com, a US-based online retail and web services provider, has acquired Orbeus, an American artificial intelligence image analysis start-up.Bentley's Pet…