Saks Global files for Chapter 11 after securing $1.75bn financing
US-based luxury retailer Saks Global has secured $1.75bn in committed capital and filed for voluntary Chapter 11 protection as part…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Evermore extends retail partnership network with United Supermarkets
Personalised health benefits platform company Evermore has signed a retail agreement with US retail chain United Supermarkets. As of this…
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Kroger reshapes senior retail leadership with promotions and retirements
US grocery retailer Kroger has confirmed a series of senior leadership promotions and retirements across its US retail divisions. Its…
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Revolve Group opens permanent store at The Grove, Los Angeles
US fashion retailer Revolve Group has launched a permanent physical retail store at The Grove in Los Angeles, US. The…
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Walmart and Google to introduce Gemini-powered shopping interface
US-based Walmart and Google have outlined plans to roll out a new shopping experience built around the technology giant’s Gemini…
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Aldi outlines plan to add more than 180 US stores by end-2026
German discount supermarket chain Aldi plans to open more than 180 new stores across the US by the end of…
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JD Sports to roll out AI-enabled purchasing across US market
British sportswear retailer JD Sports Fashion plans to allow customers in the US to search for and buy its products…
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Abercrombie & Fitch trims 2025 outlook, raises capital spending guidance
Abercrombie & Fitch has revised its outlook for the fourth quarter and full year of fiscal 2025 (FY25), keeping most…
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Bob’s Discount Furniture reports profit rise in IPO filing
Bob’s Discount Furniture has outlined revenue and earnings growth in the first nine months of fiscal 2025 in its US…
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Standard AI acquires Pathr.ai to strengthen in-store spatial analytics
US-based Standard AI has acquired Pathr.ai, a company specialising in in-store movement analytics and spatial intelligence. The acquisition aims to…