Kroger to shut automated fulfilment centres and book $2.6bn charge
US grocer Kroger will shut three automated delivery fulfilment sites in January 2026 and take an impairment charge of around…
All articles by Shubhendu Vimal
Shubhendu Vimal
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PVH Corp CFO Zac Coughlin steps down
PVH Corp, the owner of the Calvin Klein and Tommy Hilfiger brands, has announced that its chief financial officer (CFO)…
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Ackerman family cedes controlling stake in SA retailer Pick n Pay
The founding Ackerman family of South African supermarket chain Pick n Pay has reduced its holding by selling 64 million…
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Vinted in talks for share sale at €8bn valuation
Vinted is holding early-stage talks on a potential share sale that could value the Lithuania-based second-hand fashion platform at €8bn…
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Crocs appoints Rupert Campbell as president of Heydude brand
US footwear company Crocs has appointed Rupert Campbell as executive vice-president and president of its Heydude brand in November 2025…
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Reliance Retail to launch German essence cosmetics label in India
Reliance Retail has signed an exclusive distribution partnership with Germany-based cosnova Beauty to introduce the essence cosmetics brand in India. …
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Tesco calls for national farm data framework to UK food security
Tesco has extended its environmental data baselining programme to British beef and lamb farmers and is urging the UK government…
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Shein delays French rollouts after Paris prices prompt customer pushback
Shein has delayed the launch of five planned concession outlets across France after shoppers at its new Paris location reacted…
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L’Oréal to set up global capability centre in Hyderabad, India
L'Oréal is establishing one of its largest global capability centres in Hyderabad, separate from its existing Indian research facilities in…
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Decathlon opens 100th German store and confirms expansion targets
French sporting goods retailer Decathlon has opened its 100th store in Germany - a 3,000m² site in Nuremberg. The store…