Wesfarmers sells remaining 2.8% stakes in Coles Group
Western Australian retailer Wesfarmers has announced the sale of its remaining minority interest of 2.8% in the Australian retail chain…
All articles by Soumya Sharma
Soumya Sharma
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LVMH records a 17% organic rise in revenues for Q1 of FY23
French high-quality products group LVMH Moët Hennessy Louis Vuitton has reported revenues of €21bn ($23bn) in the first quarter (Q1)…
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FTC approves consent order against Bountiful for ‘review hijacking’
The US Federal Trade Commission (FTC) has approved a final consent order against dietary supplements firm The Bountiful Company for…
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AmeriMark Interactive and six affiliated debtors file for bankruptcy
US-based online and catalogue retailer AmeriMark Interactive and six affiliated debtors have filed voluntary proceedings under Chapter 11 of the…
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Dispatch launches new e-commerce and adtech platform
Dispatch, a wholly owned subsidiary of IEX Group, has launched its new e-commerce and advertising technology (adtech) platform. This adtech…
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CarMax reports a 6.9% decline in net revenues in FY2023
US-based used vehicle retailer CarMax has reported a 6.9% decline in net revenues of $29.7bn for fiscal year (FY) 2023,…
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Walmart to close four of its ‘underperforming’ stores in Chicago, US
Multinational retail giant Walmart has announced the closure of four of its ‘underperforming’ stores in Chicago, US, later this week.…
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Apple India to open a second retail store in Delhi
US-based tech giant Apple is set to open its second retail store in India’s capital city of Delhi next week.…
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Patricia Nash Designs launches new resale programme on thredUP
US-based leather handbag and accessories brand Patricia Nash Designs has announced the launch of a new resale programme called ‘Rediscovered’…
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Sleep Country set to acquire Casper Sleep’s Canadian assets
Canadian speciality sleep retailer Sleep Country Canada (Sleep Country) has reached an agreement to acquire all the Canadian assets of…