All articles by Umesh Ellichipuram

1. Neiman Marcus debt prices fall as luxury retailer weighs bankruptcy filing

   Prices of loan related to US-based luxury retailer Neiman Marcus Group has dropped as it weighs options, including filing for…
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   25 Mar
2. Tesco to divest Thailand and Malaysian businesses for $10.6bn

   UK supermarket chain Tesco has signed an agreement to sell its businesses in Thailand and Malaysia to a combination of…
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   9 Mar
3. La-Z-Boy to buy six independently owned La-Z-Boy Furniture Galleries stores

   US-based home furniture manufacturer La-Z-Boy is planning to acquire six independently owned La-Z-Boy Furniture Galleries stores. Financial details of the…
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   6 Mar
4. McArthurGlen selects SMG customer experience management platform

   European designer outlet developer and owner McArthurGlen Group has deployed Service Management Group’s (SMG) customer experience management platform. The system…
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   5 Mar
5. Pandora to lay off 180 employees due to strategic reorganisation

   Danish jewellery maker and retailer Pandora has revealed that 180 jobs will be cut as part of its strategic reorganisation….
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   5 Mar
6. Sysco explores potential takeover of German retailer Metro

   US-based food distributor to restaurants Sysco is reportedly engaged in talks with German wholesaler Metro over a potential takeover. People…
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   4 Mar
7. Target to open nearly three dozen small-format stores in 2020

   US-based retail company Target has announced plans to expand its small-format stores with nearly three dozen openings this year. The…
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   4 Mar
8. Coronavirus Covid-19: Italians crowd at supermarkets after outbreak

   Visit our Covid-19 microsite for the latest coronavirus news, analysis and updates Follow the latest updates of the outbreak on our timeline. Queues…
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   24 Feb
9. Go Global Retail to acquire online specialty retailer ModCloth

   Go Global Retail has announced plans to acquire assets of women’s fashion and accessories retailer ModCloth from Walmart. Financial details…
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   7 Oct
10. Department store Von Maur to expand footprint in Wisconsin, US

    US department store Von Maur is set to further expand its retail footprint with the opening of a 85,000ft² store…
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    7 Oct