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News

  • 5 January 2015

    Coach to acquire Stuart Weitzman soon

    As per an inside source, Coach Inc., an accessories retailer, has almost finalised a $600m agreement to acquire Stuart Weitzman Holdings LLC, a women’s luxury shoe company—a news which could...

  • 23 December 2014

    Walmart back on Indian terrain

    Following a two-year lull, American retail giant Walmart is readying its artillery for an Indian conquest by setting camp in Agra in the form of a new ‘cash and carry’...

  • 22 December 2014

    Fresh inquiry to target Tesco and auditor PwC

    The accountancy watchdog Financial Reporting Council (FRC) will be formally investigating Britain’s biggest supermarket Tesco and auditor PwC over an artificial inflation of profits to the tune of £263m.

  • 21 December 2014

    Amazon and Macmillan compromise with new deal

    Retail giant Amazon.com and publishing house Macmillan have signed a multi-year deal reaching a consensus on the sale of both digital and print books after controversies surrounding the share of...

  • 17 December 2014

    ISME cautions retailers of Christmas shoplifters

    Irish Small & Medium Enterprises Association (ISME) has cautioned retailers to be vigilant during the Christmas period as shops are increasingly vulnerable to shoplifters and organised gangs, with losses to...

  • 15 December 2014

    PetSmart to be scooped up for $8.7bn

    A private equity consortium led by BC Partners Ltd will scoop pet supply retailer PetSmart in $8.7bn deal, said to be the largest private equity deal of the year.

  • 11 December 2014

    US retail sales rise in holiday season: NRF

    Retail spending in the US rose 0.6% in November, aided by deep discounting and early sales, as per data from the National Retail Federation (NRF), which seems to be consistent...

  • 10 December 2014

    Wal-Mart names new COO in US

    Wal-Mart Stores Inc has named the 20-year company veteran Judith Mckenna as the new chief operating officer in the latest round of senior management reshuffle in the US.

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