Amazon to close US Go and Fresh stores and bet on Whole Foods
US retail giant Amazon will close its Amazon Go and Amazon Fresh physical grocery outlets in the US as it…
All articles by Shubhendu Vimal
Shubhendu Vimal
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LVMH investors seek clarity on Arnault succession as concerns persist – report
Louis Vuitton owner LVMH shareholders are pressing for clearer succession planning at the luxury conglomerate, as questions over Bernard Arnault’s…
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EP Group plans tender offer for Fnac Darty shares and bonds
Czech Republic-based EP Group has unveiled plans to launch a voluntary cash tender offer for French retailer Fnac Darty before…
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Authentic finalises acquisition to take Guess? private
US-based Authentic Brands Group has completed a transaction to take US retailer Guess? private and acquire a majority stake in…
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Bob’s Discount Furniture launches US IPO
Bob’s Discount Furniture has filed for a US initial public offering (IPO), proposing to sell 19.45 million shares after submitting…
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US investors seek trade action over South Korea’s handling of Coupang – report
Coupang’s two major stakeholders have called on officials in Washington, DC, to scrutinise how South Korea is treating the online…
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L’Oréal to open Hyderabad beauty-tech hub with Rs35bn investment
French beauty company L’Oréal is set to launch a beauty-tech centre in Hyderabad, Telangana, India, in November 2026. The decision…
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Zomato founder Deepinder Goyal to step down as group CEO
Zomato's parent company Eternal has announced that its founder and group CEO Deepinder Goyal will relinquish his executive role after…
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GoldenTree to invest $200m in Saks Global’s Chapter 11 financing
US-based GoldenTree Asset Management will invest $200m in a $1bn debtor-in-possession (DIP) financing for Saks Global Enterprises during its Chapter…
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Morrisons posts steady sales growth despite cost pressures
Morrisons reported stable trading for the 52 weeks to 26 October 2025 and stronger Christmas sales despite what it described…