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Mike Ashley must transform House of Fraser to make it a success

By GlobalData Retail

To give House of Fraser the best chance of survival, Sports Direct and...

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ESL Investments offers $480m to buy Sears’ Kenmore

ESL Investments, a hedge fund owned by Sears Holdings CEO Edward Lampert, has offered to acquire Sears' Kenmore appliances brand for $400m in cash and home improvement business for around $80m in cash.

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Kroger to open Our Brands online store on Tmall Global platform

US retailing company Kroger has partnered with e-commerce giant Alibaba Group Holding to open online storefront Our Brands on Tmall Global's site to sell products to international customers.

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Homebase plans to shut 42 stores in UK

British home improvement retailer Homebase has unveiled plans to close 42 stores in the UK, potentially putting 1,500 jobs at risk.

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Mike Ashley must transform House of Fraser to make it a success

To give House of Fraser the best chance of survival, Sports Direct and its owner Mike Ashley must make drastic changes to both its product proposition and store environment to entice shoppers back. This will require significant investment – something that the chain has been starved of in recent years.

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Tablez and YOYOSO sign agreement to launch stores in India

LuLu Group International’s retail arm Tablez has signed an agreement with Chinese fast-fashion and leisure department store brand YOYOSO to bring its stores to India.

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Bucherer USA acquires jewellery retailer Baron & Leeds

Tourneau’s parent company Bucherer USA has acquired fine watches and jewellery retailer Baron & Leeds, for an undisclosed sum.

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Sports Direct International acquires House of Fraser for $115m

Sportswear retailer Sports Direct International has acquired the business and assets of department store chain House of Fraser for a cash consideration of £90m ($115m).

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Amazon launches grocery pickup service in US

Amazon has introduced a grocery pickup point service from select Whole Foods Market stores.

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IKEA opens first Indian retail store in Hyderabad

Swedish home furnishing company IKEA has opened its first Indian retail store in Hyderabad, Telangana.

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Meijer launches new fashion clothing line

US-based supercenter chain Meijer has launched its own fashion clothing line for working women.

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Latest Content

ESL Investments offers $480m to buy Sears’ Kenmore

Kroger to open Our Brands online store on Tmall Global platform

Homebase plans to shut 42 stores in UK

Mike Ashley must transform House of Fraser to make it a success

Tablez and YOYOSO sign agreement to launch stores in India

Bucherer USA acquires jewellery retailer Baron & Leeds

Sports Direct International acquires House of Fraser for $115m

Amazon launches grocery pickup service in US

IKEA opens first Indian retail store in Hyderabad

Meijer launches new fashion clothing line

Latest News

ESL Investments offers $480m to buy Sears’ Kenmore

Kroger to open Our Brands online store on Tmall Global platform

Homebase plans to shut 42 stores in UK

Tablez and YOYOSO sign agreement to launch stores in India

Bucherer USA acquires jewellery retailer Baron & Leeds

Sports Direct International acquires House of Fraser for $115m

Amazon launches grocery pickup service in US

IKEA opens first Indian retail store in Hyderabad

Meijer launches new fashion clothing line

Activewear brand Sweaty Betty launches new website