Alibaba Group buys significant stake in Sun Art Retail Group
Multinational technology company Alibaba Group has acquired a controlling stake in Chinese supermarket and hypermarket operator Sun Art Retail Group. The company has increased its…
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EWM and Pret A Manger announce store closures and job cuts
UK retailer Edinburgh Woollen Mill (EWM) has confirmed the closure of 50 stores and 600 job cuts. EWM also owns Peacocks, Jaeger,…
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Alibaba Group buys significant stake in Sun Art Retail Group
Multinational technology company Alibaba Group has acquired a controlling stake in Chinese supermarket and hypermarket operator Sun Art Retail Group. The company has increased its aggregate direct and indirect stake…
EWM and Pret A Manger announce store closures and job cuts
UK retailer Edinburgh Woollen Mill (EWM) has confirmed the closure of 50 stores and 600 job cuts. EWM also owns Peacocks, Jaeger, Austin Reed, and Jane Norman.…
Walmart partners with EVERFI to launch new Safe & Well website
Multinational retail corporation Walmart has partnered with social-impact education innovator EVERFI to launch a new website. Named as Safe & Well, the new website is an interactive learning…
Issa brothers, TDR Capital to acquire Walmart’s UK business Asda
Multinational retail corporation Walmart has agreed to divest its wholly-owned UK business Asda to Issa brothers and funds managed by TDR Capital. As part…
H&M reveals plan to shut 250 stores next year
Swedish clothing retail company Hennes & Mauritz (H&M) has revealed plans to reduce its current network by a net 250 stores next year, announced by the company…
UK retailer B&M reveals plan to open up to 45 new stores this year
UK’s general merchandise value retailer B&M European Value Retail has revealed plans to open 40 to 45 new stores this…
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Greggs launches collective consultation to reduce employment costs
UK food-on-the-go retailer Greggs has launched a collective consultation with union and employee representatives to reduce employment costs. To lower…
Apple launches new online store in India
California-based multinational technology company Apple has launched its first new online store in India. Until recently, the company sold its…
Caddens Corner Shopping Centre
Caddens Corner shopping centre is a new retail and cultural precinct being developed by Kaipara Property Group for Penrith City…
Sylvia Park Shopping Centre’s Galleria Expansion, Auckland, New Zealand
Kiwi Property is set to open a new extension, known as The Galleria, at its Sylvia Park shopping centre in…
Fosse Park Shopping Centre Extension, Leicester
Fosse Park, one of the UK’s largest and busiest out-of-town retail centres, is undergoing an expansion to enhance the shopping…
Dreilander Galerie, Weil am Rhein
Dreiländer Galerie, also known as Three Countries Mall, is a new shopping centre being developed as a multi-national shopping destination…