Apollo acquires majority stake in French fresh food retailer Prosol
Apollo-managed funds have finalised the purchase of a controlling interest in Prosol Group, a French fresh food and multi-specialist food…
All articles by Shubhendu Vimal
Shubhendu Vimal
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TG Jones to shut up to 150 stores in restructuring drive – report
TG Jones, the former WHSmith high street business acquired by Modella Capital, is planning to close as many as 150…
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DoorDash revenue rises 33% in Q1 2026
DoorDash posted first-quarter (Q1) 2026 revenue of $4.03bn, up 33% year-on-year (YoY), with higher order volumes and growth from Deliveroo.…
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Ahold Delhaize maintains 2026 outlook despite weaker Q1 sales
Grocery retailer Ahold Delhaize reported first quarter (Q1) 2026 net sales of €22.3bn ($26bn) and maintained its full-year guidance, supported…
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Amazon Business adds same-day grocery delivery in 2,300 US cities
Amazon Business has extended same-day delivery to cover fresh and perishable groceries for commercial customers across more than 2,300 locations…
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British retailers urge action as Iran conflict drives up costs
The UK's retail sector has urged the government to act on increasing business costs linked to the Iran conflict, saying…
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Ireland’s DPC investigates Shein over EU data transfers to China
Ireland’s Data Protection Commission (DPC) has opened an investigation into Chinese online retailer Shein over the transfer of European users’…
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Shopify Q1 revenue rises 34% as GMV tops $100bn
Canada-based Shopify has reported a 34% increase in first-quarter (Q1) 2026 revenue, with gross merchandise volume (GMV) surpassing $100bn. The…
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Amazon to invest €15bn in France in largest-ever country commitment
Amazon has outlined plans to invest more than €15bn ($17.59bn) into France between 2026 and 2028, marking the US retailer's…
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Wesfarmers flags price rises amid higher freight costs – report
Australian retailer Wesfarmers has said it will increase prices on various items as higher freight and fuel costs linked to…