Saks Global secures additional $300m from bankruptcy financing package
Saks Global has accessed an extra $300m from its $1.75bn bankruptcy financing package following bondholder approval of its five-year plan.…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Kering forms jewellery unit and names Duplaix as CEO
Gucci owner Kering has established a new division, Kering Jewelry, bringing its jewellery brands under a single structure and appointing…
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Dollar Tree returns to profit in fourth quarter as sales rise
US discount retailer Dollar Tree has swung back to profit in the fourth quarter (Q4) ending 31 January 2026 amid…
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RH-ISAC and Retail Council of Canada partner on retail cybersecurity
The Retail & Hospitality Information Sharing and Analysis Centre (RH-ISAC) and the Retail Council of Canada (RCC) have agreed on…
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Amazon reschedules Prime Day sale to late June – report
US retail giant Amazon will hold its annual Prime Day shopping event in late June, moving it up from its…
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JD.com launches Joybuy marketplace across Europe
Chinese e-commerce group JD.com has introduced its Joybuy online marketplace in the UK and five additional European markets as part…
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Ulta Beauty expects slower sales growth in fiscal 2026
US-based speciality retailer Ulta Beauty has reported fiscal 2025 (FY25) sales growth but forecast a slower growth in FY26. In…
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Fareway partners with Instacart to upgrade online grocery shopping
US grocery retailer Fareway has entered a partnership with grocery technology company Instacart to expand and refresh its digital shopping…
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Italian prosecutors seek trial for Amazon EU unit in €1.2bn VAT case – report
Italian prosecutors have asked a court to put Amazon’s European unit and four managers on trial over an alleged €1.2bn…
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Cumberland Farms to acquire Coen Markets in north-east US expansion
Cumberland Farms, part of UK-based EG Group, has signed an agreement to purchase convenience and fuel retailer Coen Markets, widening…