All articles by Umesh Ellichipuram

Umesh Ellichipuram

Supreme Court upholds Auckland’s Local Alcohol Policy

Supermarket giants Foodstuffs and Woolworth lose battle over extending trading hours for alcohol sale.

Natural Grocers to close two stores in Dallas-Fort Worth area, US

Crew members affected by the closures will be given transfer opportunities to other stores.

ABFRL agrees to acquire ethnic clothing brands owner TCNS

With this deal, ABFRL platform is said to be poised for the next phase of transformational growth.

ace turtle raises $34m in funding round to support growth

The capital will be used to acquire long-term licences of international fashion and lifestyle brands.

Apple announces its first retail store in India

The move comes in line with the company’s aim to expand its retail presence in the country.

Ingka Group opens the first smaller-format IKEA store in Italy

The group plans to invest €3bn ($3.2bn) in new and existing stores by the end of this year.

Financial investors likely to acquire homeware retailer Matalan

The group is said to have come forward with a proposal to invest £100m in the homeware retailer.

DBG acquires women’s lifestyle brand Sundry

With this deal, Sundry has now become a wholly owned subsidiary of DBG.

Aditya Birla Fashion and Retail emerges forerunner to acquire TCNS stake

Reliance Retail, Trent and TPG Capital also have shown interest to acquire the stake.

Brazilian fashion retailer Guararapes selects Safra for potential stake sale

The Rocha family holds a controlling stake in Guararapes, which was established in 1956.