York Holdings weighs acquisitions as IPO preparations continue – report
Japanese supermarket operator York Holdings may pursue acquisitions should appropriate opportunities arise, Bloomberg reported, citing director Naofumi Nishi. Seven &…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Tokmanni names Sampo Päällysaho as new CEO
Finnish variety discount retailer Tokmanni Group has appointed Sampo Päällysaho as its new chief executive officer, succeeding Mika Rautiainen, who…
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Walmart and Sam’s Club lower summer prices
Walmart and its subsidiary Sam's Club have reduced prices on thousands of products, including beef, grilling supplies and household essentials,…
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Vietnam’s Dien May Xanh raises over $500m in IPO
Dien May Xanh, the electronics retail arm of Vietnam’s Mobile World Investment Corporation, has raised more than VND13.31tn ($506m) through…
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7-Eleven files trademark lawsuit against Nike
US retailer 7-Eleven has filed a federal trademark infringement lawsuit against Nike over an upcoming Air Max 95 trainer that…
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Iowa sues Temu owner over data and fraud allegations
Iowa's Attorney General has sued the owner of Temu, alleging deceptive data collection, routing of user information to China and…
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Currys profit climbs 18%, CEO succession confirmed
UK-based electrical and telecommunications retailer Currys has reported an 18% rise in adjusted pre-tax profit to £191m ($255.4m) for the…
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Damiani Group completes Baume & Mercier acquisition
Italy’s The Damiani Group has concluded the acquisition of Swiss watchmaker Baume & Mercier from luxury retailer Richemont. The transaction follows a…
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Frasers Group sells Sports Direct Malaysia stake to MAP Active for $150m
Frasers Group has agreed to sell its full stake in Sports Direct Malaysia to MAP Aktif Adiperkasa (MAP Active) for…
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Kroger to acquire Giant Eagle for $1.65bn
US supermarket chain Kroger has struck an agreement to acquire privately held food and pharmacy retailer Giant Eagle in a…