Whitbread profits hit by Brexit uncertainty
British multinational hotel and restaurant company Whitbread has become the latest victim of...
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Punchh closes series C funding round with $40m investment
Customer marketing solutions provider for physical retailers Punchh has completed a series C funding round by raising $40m.
Steinhoff International divests UK furniture business to Alteri
South African retailer Steinhoff International has agreed to divest its furniture business in the UK to retail investor Alteri Investors.
US retail sales rise 4.2% in October over last year, finds NRF
Retail sales in the US rose 4.2% in October unadjusted year-over-year, as per data from the National Retail Federation (NRF).
Alibaba secures Hong Kong stock exchange approval for share sale
Chinese e-commerce company Alibaba has reportedly secured approval from the Hong Kong Exchanges & Clearing for share sale.
Caltex Australia and Woolworths open co-branded store in NSW
Transport fuel supplier and convenience retailer Caltex Australia and Woolworths have opened their first co-branded store in North Ryde, New South Wales (NSW), Australia.
CVS to close 22 underperforming retail pharmacy stores
US retailer CVS Pharmacy has revealed plans to close 22 underperforming retail pharmacy stores in the first quarter of next year.
Indian retailer Raymond plans to demerge lifestyle business
India-based textile-focused retailer Raymond has planned to demerge its core lifestyle business and to list it as a separate entity.
Chinese retailer Urban Tea buys 51% interest in Hunan 39 Pu Tea
Chinese retailer Urban Tea has bought 51% equity interest in Hunan 39 Pu Tea for an undisclosed amount.
UK Supreme Court hears Morrisons data leak case
The UK’s highest court is hearing British supermarket chain Morrisons’ data breach class action case that affected more than 100,000 employees.
SEG, Instacart and Shipt expand Winn-Dixie delivery in Louisiana
Supermarket chain Southeastern Grocers (SEG) has partnered with online grocery marketplace companies Instacart and Shipt to expand online delivery services to customers in Louisiana, US.
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