Suppliers seek safeguards over consignment stock in Saks DIP talks – report
Saks, its suppliers and debtor-in-possession (DIP) lenders are negotiating whether consigned luxury goods can be treated as collateral under the…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Carrefour enters talks to sell Romanian operations to Paval Holding
French retailer Carrefour has entered exclusive negotiations to sell its entire Romanian operations to Paval Holding. The deal value is…
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Ahold Delhaize lifts Q4 profit, sets 2026 outlook
Food retailer Ahold Delhaize reported stronger Q4 earnings and double-digit online growth, while outlining investment plans and financial guidance for…
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Shopify posts 30% revenue growth and launches $2bn buyback
Canadian e-commerce platform Shopify reported a 30% rise in annual revenue to $11.55bn and authorised a $2bn share repurchase programme.…
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Instacart partners with Lush for same-day delivery across North America
US-based grocery technology company Instacart has formed a partnership with UK cosmetics retailer Lush to offer same-day delivery from 250…
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Amazon widens Iceland grocery tie-up to four more UK cities
Amazon has extended its grocery collaboration with supermarket chain Iceland to additional cities across the UK, adding Belfast, Cardiff, Edinburgh…
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Target reshuffles executive team as new CEO moves to spur growth
US retailer Target has unveiled senior management changes under new CEO Michael Fiddelke, alongside a reaffirmation of its latest financial…
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Kering revenue falls in 2025, recovery targeted for 2026
Gucci owner Kering posted weaker 2025 results and signalled a turnaround push for 2026 after sales and profits slid across…
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US retail steady in December as annual gains broaden
US retail and food services activity was largely unchanged in December 2025, although most major segments recorded higher takings than…
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Saks Global bankruptcy drives nine additional store closures
Saks Global plans to close nine additional outlets and most standalone Fifth Avenue Club suites as it concentrates its luxury…