Austria delays JD.com takeover clearance for Ceconomy
Austrian regulators have yet to approve Chinese e-commerce group JD.com’s proposed acquisition of German electronics retailer Ceconomy, leaving a key…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Bob’s Discount Furniture FY25 revenue rises 16.8% to $2.4bn
Bob’s Discount Furniture has reported net revenue of $2.4bn for fiscal year 2025 (FY25), up 16.8% from $2bn a year…
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Amazon to cut USPS parcel volumes by two-thirds – report
Amazon plans to significantly reduce shipments via the United States Postal Service (USPS) before its contract ends in October 2026,…
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Home Depot to open 12 US stores in 2026 expansion
US home improvement retailer The Home Depot plans to open 12 new stores across eight states in 2026. The expansion…
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SPAR Norway launches QuickCommerce grocery delivery
SPAR Norway has introduced a quick-commerce service that aims to deliver groceries within 20-45 minutes. The SPAR QuickCommerce service was…
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Amazon rolls out 1-hour and 3-hour delivery across US
Amazon is expanding its rapid delivery offering in the US, introducing one-hour and three-hour shipping in a growing number of…
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Sports Direct signs Sydney FC partnership
Sports Direct has agreed a partnership with professional football club Sydney FC that will run through to the end of…
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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.…
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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…