Zalando to close Erfurt distribution centre in Germany, impacting 2,700 jobs
Zalando has announced plans to close its distribution centre in Erfurt, Germany, as part of a restructuring of its European…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Anta Sports approaches Pinault family for Puma stake – report
China’s Anta Sports Products has submitted an offer to purchase the Pinault family’s 29% holding in German sportswear group Puma,…
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Albertsons Q3 profit declines despite higher sales and digital gains
Albertsons Companies reported increased sales and strong digital growth in the third quarter (Q3) of fiscal 2025 while net income…
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Allegro to divest Slovenian and Croatian units to Mutares
Polish online retailer Allegro has agreed to sell its operations in Slovenia and Croatia to Germany-based investment company Mutares. Under…
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Waitrose to open first south-west UK distribution centre, creating 550 jobs
British supermarket chain Waitrose has laid out plans to open its first distribution centre in the UK's southwestern region, with…
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Target announces 30% expansion of wellness assortment for 2026
US retailer Target will expand its wellness assortment by 30% in 2026, adding thousands of new products and increasing exclusive…
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IKEA to close seven China stores from February 2026
Furniture retailer IKEA has announced plans to close seven stores in China from 2 February 2026. The locations scheduled for…
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Lane Bryant partners with Rithum to launch US dropshipping programme
US speciality retailer Lane Bryant has partnered with commerce solutions provider Rithum to introduce a new dropshipping programme for its…
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SPAR Austria opens new EUROSPAR store in Schwadorf
SPAR Austria has expanded its regional network with the opening of a new EUROSPAR supermarket in Schwadorf, Lower Austria. The…
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ShopOne enters Texas with acquisition of Houston retail centre
US retail centre operator ShopOne has entered the Texas market through the purchase of the Beltway South shopping centre in…