Discount supermarket chain Aldi sold almost £1bn of goods in December following the...
French supermarket retailer Casino Group and its franchisees have entered agreements to sell a selection of integrated and franchised stores for a total consideration of €42m ($47.56m).
US discount footwear retailer Payless ShoeSource is reportedly planning to shut all its stores in the country, with around 2,300 closing.
Despite Tesco’s undisputed position as the leader of food retail in the UK, its current pursuit of operating margin is likely to have an impact on its longer-term capabilities.
Chinese retail chain Suning.com is set to acquire 37 Wanda department stores from commercial real estate developer Wanda Group as part of its plans to expand its bricks-and-mortar portfolio.
ESL Investments affiliate Transform Holdco has acquired the go-forward retail footprint, assets and component businesses of Sears Holdings.
Sears Holdings has received approval from the US Bankruptcy Court for the Southern District of New York for its proposed sale to hedge fund ESL Investments.
North American discount stores operator Dollar Tree is planning to invest around $130m to establish a new distribution centre in Rosenberg, Fort Bend County, Texas.
The UK competition authority is likely to ask for more store disposals than the merging parties are willing to allow in order for the merger to continue.
US travel retailer Hudson Group has received ten-year contract to open and operate new retail concepts at Indianapolis International Airport (IND).