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.
US-based Sears Holdings chairman Eddie Lampert’s hedge fund ESL Investments is set to acquire the department store chain for approximately $5.2bn.
US-based department store chain Sears Holdings (SEC) chairman Eddie Lampert is attempting to save the retailer from liquidation by submitting a revised $5bn bid for it through Transform Holdco, an...
Discount supermarket chain Aldi sold almost £1bn of goods in December following the retailer’s ‘busiest-ever’ week in the run-up to Christmas.
US-based department store chain Sears Holdings (SEC) is planning to close 80 more stores by late March this year as part of the company’s sale process.
US-based department store chain Sears Holdings (SEC) will assume a charge of $443m from the permanent closure of its 142 stores.
US-based department store chain Sears Holdings (SEC) chairman Eddie Lampert has submitted a $4.6bn bid through his hedge fund ESL Investments to acquire the retail firm out of bankruptcy.