Speciality retailer Ernesta raises $20m in Series B
US rug retailer Ernesta has secured $20m in Series B funding to support showroom expansion and technology development. The financing…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Quince secures $500m Series E, crossing $10bn valuation
US retail platform Quince has raised $500m in a Series E funding round, bringing its post-money valuation to $10.1bn. The…
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Costco sued over refunds tied to unlawful US tariffs
Costco Wholesale is facing a nationwide class action in the US seeking refunds for customers who allegedly paid higher prices…
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Kohl’s FY25 profit rises despite lower net sales
US omnichannel retailer Kohl’s Corporation has reported higher operating and net income for fiscal year 2025 (FY25), even as net…
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Lego prepares for rising costs, expands smart bricks and Pokémon – report
Danish toymaker Lego Group is preparing for higher energy and raw material costs as oil and gas prices climb amid…
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Amazon Australia to invest over A$750m in Brisbane robotics fulfilment centre
Amazon plans to invest more than A$750m ($537.6m) in a new robotics-enabled fulfilment centre in Brisbane, Queensland, which is expected…
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PayBright invests in Material to expand retail POS ecosystem
US-based merchant services company PayBright has made a strategic investment in Material, a solutions provider for independent retailers, as it…
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Flipkart completes re-domiciliation to India ahead of IPO
Walmart-owned Flipkart has moved its holding structure from Singapore to India after regulatory approval, as it prepares for a planned…
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John Lewis expands AI shopping under £800m transformation plan
UK retailer John Lewis is investing in AI-powered shopping capabilities and testing sales through TikTok Shop as part of its…
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L Catterton combines Bel Cosméticos and Mundo do Cabeleireiro in Brazil
L Catterton has combined beauty retailers Bel Cosméticos and Mundo do Cabeleireiro to form a multi-brand beauty retail platform in…