Central Retail Corporation to divest Italian department store business for €250m
Central Retail Corporation (CRC) has agreed to sell its Italian department store business, Rinascente, to its principal shareholder, Harng Central…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Designer Brands teams up with Uber Eats to deliver footwear and accessories
DSW's parent company Designer Brands has established a new partnership with Uber Technologies to provide customers with the option to…
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Target to expand next-day delivery service to 35 US metro areas
American retailer Target is set to expand its next-day delivery service for online orders to 35 major US metropolitan areas…
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DESPAR Italia launches seven new stores
DESPAR Italia has expanded its footprint in the country with the launch of seven new stores. The new stores cover both…
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Morrisons posts 3% like-for-like sales increase as online sales surge
British supermarket Morrisons has recorded a rise in like-for-like (LFL) sales, supported by a strong online showing despite a "background…
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L Catterton to invest in Japan’s Seki Furniture
US-based private equity company L Catterton has agreed to invest in Japan-based Seki Furniture. L Catterton described the investment as…
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Aditya Birla Fashion and Retail unveils new affordable fashion brand
Indian retailer Aditya Birla Fashion and Retail Limited (ABFRL) has launched its new affordable fashion brand, OWND!, designed to appeal…
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Mitchell Family Office purchases beauty retailer Cos Bar
Investment company Mitchell Family Office (MFO) has acquired Cos Bar, a luxury multi-brand beauty retailer in the US. The financial…
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Schnuck Markets to acquire Skogen’s Festival Foods and Hometown Grocers
US-based supermarket chain Schnuck Markets and its holding company, the 1939 Group, have agreed to acquire the Wisconsin-based parent company…
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PayMore to launch 100th electronics store in Charlotte, North Carolina
US-based electronics franchise PayMore is set to open its 100th store in Charlotte, North Carolina. The electronics resale chain buys…