Ames Watson acquires Claire’s North America business for $140m
US-based private investment firm Ames Watson has acquired Claire’s North American business for $140m. Claire’s, founded in 1974 and known…
All articles by Shubhendu Vimal
Shubhendu Vimal
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Amazon launches first fulfilment centre in Abu Dhabi
Amazon has launched its inaugural fulfilment centre in Abu Dhabi in collaboration with the Abu Dhabi Investment Office (ADIO). The…
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Dutch regulator initiates investigation into supermarket food prices
The Netherlands Authority for Consumers and Markets (ACM) has launched a market investigation into the pricing of food products within…
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Carrefour ceases operations in Kuwait
French retailer Carrefour has officially ceased its operations in Kuwait, marking the completion of its strategic withdrawal from four Middle…
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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…
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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…