Steinhoff to acquire Mattress Firm for $2.4bn
Retailer Steinhoff has signed an agreement to acquire US-based Mattress Firm for approximately $2.4bn.The acquisition will facilitate Steinhoff’s entry into…
All articles by Srivani Venna
Srivani Venna
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EarthLink acquires US company Boston Retail Partners
EarthLink has acquired US-based retail consulting firm Boston Retail Partners (BRP), in a bid to expand its technology consulting portfolio…
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Weis Markets to acquire 38 supermarket locations in US from Food Lion
Food retailer Weis Markets has signed an agreement to acquire the assets of 38 Food Lion supermarket locations operating in…
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Blakemore Retail purchases seven stores in UK
UK-based Blakemore Retail has purchased seven My Local stores, which will be trading soon.With sales areas ranging from 204m² to…
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Amazon India to invest in six new fulfilment centres
Amazon India has announced plans to invest in six new fulfilment centres (FCs) as part of its strategy to expand…
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UAE’s LuLu opens first Malaysian hypermarket in Kuala Lumpur
UAE-based retail chain LuLu Group has opened its first outlet in Malaysia as part of its plans to consolidate its…
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IKEA submits plans for new store in Wisconsin, US
Swedish home furnishings retailer IKEA is set to submit plans to open a new store in Oak Creek, Wisconsin, US.Construction…
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Mercedes-Benz to launch seven retail pop-up stores across India
Mercedes-Benz India is set to launch seven retail pop-up stores in different locations across the country as part of its…
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Amazon to lease cargo planes from Atlas Air Worldwide for package deliveries
US-based Atlas Air Worldwide has agreed to provide air cargo services to support Amazon's delivery service. Under the agreement, Amazon…
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Fairway Market files for Chapter 11 bankruptcy in New York court
US-based grocery chain Fairway Market has filed for Chapter 11 Plan of Reorganization in a New York court to implement…