Bonita engages Gordon Brothers to support restructuring proceedings
German fashion retailer Bonita has engaged Gordon Brothers, an advisory, restructuring and investment firm, to support its restructuring proceedings. The…
All articles by Umesh Ellichipuram
Umesh Ellichipuram
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Tablez plans expansion in India over next five years
Retail chain Tablez has plans to widen its network to around 250 stores in India over the next five years.…
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Gap plans to permanently close three stores in San Francisco, US
American clothing and accessories retailer Gap has reportedly decided to close three stores in San Francisco, US. Two of the…
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Fanatics reportedly raises $350m through Series E funding round
US-based online sports retailer Fanatics reportedly raised $350m through Series E funding round, taking its valuation to around $6.2bn. The…
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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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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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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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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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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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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…