22 Jan 2021

Instacart plans to eliminate around 1,900 in-store shoppers

US grocery delivery and pick-up service provider Instacart has revealed plans to eliminate about 1,900 in-store shoppers (ISS) across the country. Currently, Instacart has nearly 10,000 ISS working nationwide, selecting…

20 Jan 2021

Office Depot rejects takeover proposal from Staples

American office supply retailing company Office Depot has rejected another takeover attempt made by rival company Staples. Last week, the owner of Staples made an unsolicited offer to take over…

20 Jan 2021

TerraMar emerges as winning bidder to buy francesca’s

Apparel and accessories retailer francesca’s announced that TerraMar has emerged as the winning bidder to buy it, marking the completion of the bankruptcy auction. Under an enhanced asset purchase agreement,…