LVMH’s DFS to sell Greater China retail business to CTG Duty-Free
French luxury goods conglomerate LVMH’s DFS has reached an agreement to divest its travel retail operations in Greater China to…
All articles by Shubhendu Vimal
Shubhendu Vimal
-
-
Co-op opens convenience store in Oxfordshire, UK
Co-op has launched its first new convenience store of 2026 at Willowbrook Park, a recently built residential area in Didcot,…
-
Asda puts over 150 jobs at risk after Christmas sales slump
UK supermarket chain Asda has moved more than 150 roles into redundancy consultation, following weak Christmas trading that pushed its…
-
Reliance Retail reports 2.7% profit rise in Q3
India’s Reliance Industries’ retail arm, Reliance Retail Ventures Limited (RRVL), posted a 2.7% increase in profit for the quarter ended…
-
Saks Global draws $500m from financing as Chapter 11 proceeds
Saks Global has secured an initial tranche of $500m from a broader $1.75bn committed financing package as it advances through…
-
Walmart overhauls leadership across US and international businesses
US retail giant Walmart has unveiled a broad set of executive changes spanning its US operations, international business and Sam’s…
-
Richemont delivers double-digit sales growth in Q3
Swiss luxury retailer Richemont, the owner of Cartier, recorded an increase in group sales during the third quarter ended 31…
-
Cencosud sets $600m retail investment for 2026
Cencosud has outlined plans to invest $600m in 2026 as it looks to expand its retail ecosystem and support growth…
-
Food Lion plans four new Carolinas stores for early 2026
US grocery retailer Food Lion has outlined plans to launch four additional stores across North Carolina and South Carolina during…
-
Kroger expands grocery delivery reach through Uber platforms
Grocery retailer Kroger has introduced “on-demand and same-day” grocery delivery across the US through apps operated by Uber Technologies. It…