Amazon forays into baby diapers
Amazon has launched its own line of branded baby products, said to be in direct competition to The Honest Company,…
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admin-demo
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Best Buy to exit China, sell struggling unit to local firm
American electronics retailer Best Buy is completely closing its Chinese retail chapter as it streamlines its global business to focus…
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Aeropostale set to close 75 stores
American teen apparel retailer Aeropostale is set to bring in another round of closures, closing at least 75 stores in…
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Target to face banks’ lawsuit over data breach, says US judge
A federal judge recently tossed the request by American retailer Target to dismiss a lawsuit by banks seeking to recover…
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Qatar royal family reportedly in lead for Pepe acquisition
The Qatari royal family is said to be in the lead to acquire Spanish fashion brand Pepe Jeans, said several…
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Amazon deploys robot army to tackle orders this holiday season
Amazon is deploying an army of robots, nicknamed 'Kiva,' to service orders faster this Cyber Monday in the US as…
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Walmart cuts mid-level jobs in China amid restructuring
Wal-Mart Stores has slashed more than 20 jobs in China at mid-level, in a move to improve sagging sales and…
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Simons set for major expansion in Canada
Quebec-based La Maison Simons' venture outside the province to open an outlet two years back in West Edmonton Mall, was…
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Steinhoff International to acquire Pepkor in $5.7bn deal
On November 25, South Africa's Steinhoff International Holdings announced the acquisition of investment holding company Pepkor, where it had consented…
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Amazon’s Polish centres to cushion potential impact of German strikes
Amazon.com announced on Tuesday that launching distribution centres in Poland gave the necessary impetus for European growth, while cushioning the…