Bon-Ton to close 42 stores in US
US-based department store chain The Bon-Ton is planning to close 42 locations across the country as part of its store…
All articles by Umesh Ellichipuram
Umesh Ellichipuram
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Bucherer acquires luxury watch retailer Tourneau in US
Bucherer has acquired US-based luxury watch retailer Tourneau from an investor group led by Green Equity Investors. Green Equity Investors…
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FPR and S&G opens first mobile checkout retail store in Hong Kong
Hong Kong’s mobile retailer Scan & Go HK (S&G) has opened its first mobile checkout retail store in the region…
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Walmart in talks to acquire stake in Indian e-commerce firm Flipkart
US-based retailer Walmart is said to be in talks with Indian e-commerce retailer Flipkart for acquiring a minority stake in…
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Amazon invests $306m to strengthen Indian business unit
US-based Amazon has invested $306m in its Indian business unit Amazon Seller Services (Amazon India). The funding was infused into…
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LuLu to invest $400m on shopping mall in Hyderabad, India
UAE-based retail company LuLu has signed three memoranda of understanding (MoU) with the Indian state of Telangana. As per the…
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ABFRL opens Louis Philippe brand outlet in Nepal
India’s Aditya Birla Fashion and Retail (ABFRL) has entered the Nepalese retail market by launching its Louis Philippe menswear brand…
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Walmart forms strategic alliance with Japanese e-commerce firm Rakuten
US-based supermarket chain Walmart has entered a strategic alliance with Japanese e-commerce company Rakuten to leverage each company’s assets to…
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Spar enters Saudi Arabian retail market
Supermarket chain Spar International (Spar) has entered the Saudi Arabian retail market with the opening of three outlets in Riyadh.…
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Future Group plans to open 90 Heritage retail stores in India
Indian retail company Future Group is planning to open 90 new Heritage retail stores in the southern states of Andhra…