PayMore to launch 100th electronics store in Charlotte, North Carolina
US-based electronics franchise PayMore is set to open its 100th store in Charlotte, North Carolina. The electronics resale chain buys…
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Bodycare to close additional 30 stores amid administration process
UK-based health and beauty retailer Bodycare is set to shutter an additional 30 stores following its entry into administration earlier…
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Aldi commits £1.6bn to UK expansion despite decline in operating profit
Supermarket chain Aldi has unveiled plans to invest £1.6bn ($2.17bn) in the UK with the aim of opening 80 new…
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Apparel giant VF to divest Dickies brand in $600m deal
US apparel and footwear giant VF has agreed to sell its Dickies brand to Bluestar Alliance for $600m in cash. Owner…
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Pepco Group opens 500th store in Romania
Discount retailer Pepco Group has completed ten years of operations in Romania with the opening of its 500th store. Pepco…
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Skechers goes private after acquisition completion by 3G Capital
Private equity company 3G Capital has finalised the acquisition of Skechers, taking the footwear company private. Skechers’ shares ceased trading…
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Advent in talks to acquire Brazilian supermarket chain Sonda
US-based private equity company Advent is in advanced discussions to purchase Brazilian supermarket chain Sonda, Valor international reported, citing sources. The deal,…
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Sainsbury’s ends talks with JD.com over Argos sale
British supermarket chain Sainsbury’s has ended talks with Chinese retailer JD.com over the sale of its general merchandise business, Argos,…