All articles by Umesh Ellichipuram

Umesh Ellichipuram

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.

Reliance plans takeover of Future Retail’s Big Bazaar brand

Reliance plans to rebrand 200 Big Bazaar stores and retain all their employees on existing terms.

Searchspring launches programme for early-stage retail brands

The programme aims to improve the shopping experience for participating brand sites.

PLCB withdraws Russian wine and spirits amid Ukraine invasion

PLCB said that it will not object to Russian-branded products that are not imported directly from Russia.

Shopify partners with to expand footprint in China

The partnership is intended to create opportunities for US Shopify merchants in China.

Specsavers reveals plans to open 200 stores in Canada by 2024

The investment is expected to create 2,000 jobs in the country.