Suppliers seek safeguards over consignment stock in Saks DIP talks – report
Saks, its suppliers and debtor-in-possession (DIP) lenders are negotiating whether consigned luxury goods can be treated as collateral under the…
Saks, its suppliers and debtor-in-possession (DIP) lenders are negotiating whether consigned luxury goods can be treated as collateral under the…
French retailer Carrefour has entered exclusive negotiations to sell its entire Romanian operations to Paval Holding. The deal value is based on an enterprise value of €823m ($976.02m). The planned…
Tesco is expanding its convenience store network as part of a wider UK retail growth strategy. The supermarket group plans to open more than 70 new Tesco Express stores by…
Council of the European Union has approved new customs duty rules that will remove the long-standing duty-free threshold for small parcels entering the EU. The change targets low-value imports linked…
Food retailer Ahold Delhaize reported stronger Q4 earnings and double-digit online growth, while outlining investment plans and financial guidance for 2026. Net sales for the quarter reached €23.49bn ($27.88bn), rising…
Canadian e-commerce platform Shopify reported a 30% rise in annual revenue to $11.55bn and authorised a $2bn share repurchase programme. For the year ending 31 December 2025, gross merchandise volume…
US-based grocery technology company Instacart has formed a partnership with UK cosmetics retailer Lush to offer same-day delivery from 250 stores across the US and Canada. Under the arrangement, customers…