Japanese retailer Rakuten acquires Slice, plans US entry
Rakuten, a Japanese electronic commerce and Internet company, has acquired e-commerce app Slice for an undisclosed amount.The acquisition is part…
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Lululemon Athletica to divest 50% stake for $845m
Apparel company Lululemon Athletica has agreed to divest about 50% of its stake to Boston-based private equity firm Advent International…
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Dixons Carphone launches shop-in-shops in Currys and PC World stores
Dixons and Carphone Warehouse have unveiled their combined Carphone shop-in-shops at Currys and PC World stores after the completion of…
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Shop prices in the UK plunged in July: BRC, Nielsen
Shop prices in the UK declined at the fastest rate in July, marking the 15th consecutive month, and the deepest…
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Walgreens to acquire remaining 55% stake in Alliance Boots
American drug retailing chain Walgreens has announced plans to acquire 55% stake in Europe's biggest pharmacy chain Alliance Boots for…
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Euro zone retail sales volume up in May 2014: Eurostat
Retail sales volume grew by 0.4% in euro area and by 0.3% in EU28 in May compared to April, according…
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P&G to sell up to 100 brands to revive falling sales
Procter & Gamble (P&G) has said that it could sell up to 100 brands in the next two years and…
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Convenience store operator CP All to divest stake in Siam Makro
CP All, a Thailand-based convenience store chain, has outlined plans to divest part of its 98% stake in cash-and-carry wholesaler…
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Clothing retailer Next sales up in Q2
UK-based clothing retailer Next witnessed higher NEXT Brand sales in the second quarter, with improved performance in Retail and Directory…
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Retail search volumes in UK jump 22% in Q2 2014
Total retail search volumes in UK grew 22% in the second quarter (Q2) of 2014, when compared to the corresponding…