Shoprite reports first quarter sales growth of 13.2%
South African supermarket chain Shoprite has reported a 13.2% increase in the group’s consolidated sales for the first quarter (Q1),…
All articles by Soumya Sharma
Soumya Sharma
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NRF releases general principles for use of AI in retail industry
The National Retail Federation (NRF) has released a new framework to support effective governance of artificial intelligence (AI) and strategic…
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Gucci enters digital partnership with Chinese retailer JD.com
Italian luxury fashion brand Gucci has entered into a digital partnership with China's e-commerce retailer JD.com, also known as Jingdong.…
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Asda to pilot new food-to-go concept to drive store footfall
UK supermarket chain Asda has launched a new food-to-go concept as it aims to drive more footfall across stores. Dubbed…
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Kroger-Albertsons merger faces opposition from seven US state secretaries
Secretaries of seven US states have written to Federal Trade Commission (FTC) chair Lina Khan to stop the proposed acquisition…
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Amazon workers in UK set to stage a three-day strike over pay dispute
Approximately 900 workers at Amazon’s warehouse in Coventry are set to hold a three-day strike later this week. The announcement…
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Crocs sues Joybees for misappropriation and use of trade secrets
US-based footwear retailer Crocs has filed a complaint against its rival company Joybees in the US District Court of Colorado…
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Spar signs preferred supplier agreement with RELEX Solutions
Netherlands-based retailer Spar International has reached a preferred supplier agreement with supply chain and retail planning solutions provider RELEX Solutions.…
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JD Sports to buy remaining stake of Iberian Sports for €500.1m
UK-based retailer JD Sports Fashion (JD Sports) has revealed plans to acquire the remaining shares of Iberian Sports Retail Group…
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Tokmanni agrees to buy Dollarstore for $186.06m
Finland-based discount retailer Tokmanni has agreed to acquire Sweden-based discount retail chain Ahlberg-Dollarstore AB and Ahlberg Dollarstore ApS (Dollarstore). As…