Robinsons Retail to acquire Rustan Supercenters
Philippines’ multi-format retailer Robinsons Retail Holdings (RRHI) has entered into a $344m share-swap agreement with Hong Kong’s retailer Dairy Farm…
All articles by Shalini MP Nair
Shalini MP Nair
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Bodega to buy American food retailer Fiesta Mart
US-based grocery chain Bodega Latina has agreed to acquire food retailer Fiesta Mart. The financial details of the deal were…
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House of Fraser fails to raise £40m funds from Alteri Investors
Struggling departments store House of Fraser has failed to raise funds of £40m from London-based investment firm Alteri Investors as…
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Amazon granted patent for behaviour reading drone
Online retailer Amazon has been granted a new patent by the US Patent and Trademark Office for a delivery drone…
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Best Buy to stop selling Huawei smartphones
US consumer electronics retailer Best Buy has decided to end its relationship with China’s Huawei Technologies due to increased scrutiny…
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Carpetright plans to close underperforming stores in rescue deal
Carpetright is looking to close underperforming stores and reduce unsustainable rents as part of a turnaround plan. It is exploring…
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Nordstrom ends takeover talks with the founding family
The special committee advising the US-based upscale department store chain Nordstrom's board has ended talks with the Nordstrom family about…
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Amazon looks into acquiring Toys R Us stores
Amazon is exploring possibilities of expanding its retail footprint by acquiring some locations from Toys R Us, just a few…
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Alibaba to double investment in Lazada Group to $4bn
Alibaba Group plans to double its investment in Singapore-based online firm Lazada Group to $4bn. The Chinese online giant bought…
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Carrefour buys majority stake in meal kit company Quitoque
French retailer Carrefour has acquired a majority stake in a meal kit delivery company Quitoque, as part of its strategy…