Ikea commits €1.2bn to cut European retail prices
Swedish retailer Ikea has committed a combined €1.2bn ($1.38bn) to reduce prices across its European markets. Effective from 1 September,…
All articles by Shubhendu Vimal
Shubhendu Vimal
-
-
Decathlon to acquire 50% of Sport 2000 France
Decathlon and Céraclès Coopérative, formerly Groupe Sport 2000 France, have signed a letter of intent for Decathlon to acquire a…
-
Uniqlo to double Japanese flagship footprint over next decade – report
Fashion chain Uniqlo plans to double its Japanese flagship stores to approximately 20 locations over the next decade, shifting away…
-
GameStop projects revenue drops ahead of Q2
Video game retailer GameStop has forecast net sales of between $780m and $800m for its second quarter (Q2), ended 1…
-
US states and FTC accuse Amazon of hidden advert price hikes
Amazon is facing a lawsuit from the US Federal Trade Commission (FTC) and attorneys general across 22 states over hidden…
-
Academy Sports + Outdoors partners Ariat to launch 200 shops
US sporting goods and outdoor recreation retailer Academy Sports + Outdoors has entered a partnership with Ariat International that will…
-
Hyundai Department Store to launch derma beauty chain
Hyundai Department Store is preparing to launch COOD, which it describes as South Korea's first speciality select shop built around…
-
Instacart becomes exclusive delivery partner for pet retailer Petsense
US grocery tech company Instacart has signed an exclusive same-day delivery partnership with Tractor Supply-owned retailer Petsense, extending marketplace access…
-
M&S partners with Zalando’s ZEOS to handle European online fulfilment
Marks & Spencer (M&S) has extended its logistics partnership with ZEOS, Zalando's B2B fulfilment division, to oversee its direct-to-consumer online…
-
Morrisons launches price commitment on over 500 essentials
UK supermarket chain Morrisons has introduced a price commitment covering more than 500 weekly essential items, pledging that costs will…