Coronavirus:
Deal News
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1 July 2020
M&Co employs Deloitte to seek new investors
Scottish fashion and homeware chain store M&Co, a subsidiary of Mackays Stores Group, has employed Deloitte to search for new investors amid a sales slump.
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29 June 2020
Amazon and SoftBank approach Ozon for possible acquisition
Amazon and Japan-based conglomerate holding company SoftBank have approached Russian financial corporation Sistema with the aims to acquire its subsidiary Ozon, according to majority owner Vladimir Evtushenkov.
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26 June 2020
Covid-19: Trafford Centre owner Intu files for administration
Property investment trust Intu, which owns 17 shopping centres including Trafford Centre in Manchester and the Lakeside Shopping Centre in Essex, is filing for administration, the firm announced today.
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23 June 2020
Luxury retailer Saks Fifth Avenue adopts NuORDER technology
Luxury retailer Saks Fifth Avenue has adopted B2B eCommerce and retail assortment platform NuORDER’s technology.
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22 June 2020
JD Sports’ brand Go Outdoors to enter administration: Experts respond
UK-based retailer JD Sports said today that it is looking at a number of “strategic options” for outdoor specialist subsidiary Go Outdoors (Go) after announcing intentions to appoint administrators for...
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18 June 2020
Tesco divests Polish business to Salling Group for £181m
UK supermarket chain Tesco has entered into an agreement to divest its Polish business to Danish retailer Salling Group.
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17 June 2020
Boohoo share prices surge following Oasis and Warehouse acquisition
Online fashion retailer Boohoo Group this morning announced the purchase of Oasis and Warehouse for £5.25m ($6.60m) after the brands closed stores permanently following administration.
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16 June 2020
Covid-19: Joules predicts over £2m in losses following UK lockdown
UK-based clothing and homeware company Joules has said that it anticipates between £2m and £3m in losses before tax for the year to 31 May.
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11 June 2020
CMA delays its final ruling on Amazon and Deliveroo deal
The Competition and Markets Authority (CMA), which is responsible for regulating competition in the UK, has announced an extension of two months to make a final decision on a deal...
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9 June 2020
Instacart, Big Lots partner for same-day delivery across nation
North American online grocery retailer Instacart and US retailer Big Lots have collaborated to make same-day delivery available nationwide.