Frasers Group returns for remaining stake acquisition in Norway’s XXL
UK fashion conglomerate Frasers Group intends to submit a mandatory offer for Norwegian sports retailer XXL to acquire the remaining …
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India’s Kisna plans 60 showroom launches in 2025
Mumbai-based jewellery brand Kisna Diamond & Gold Jewellery is to expand its retail footprint with 60 new showrooms throughout India …
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SPAR Austria’s sales increase 4.5% to €21.4bn in 2024
SPAR Austria Group has reported total sales revenue of €21.4bn ($23.3bn) in 2024, marking 4.5% year-on-year growth. The company's pre-tax earnings …
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Shareholder lawsuit against Amazon over third-party selling dismissed
E-commerce giant Amazon has been cleared of allegations that it misled shareholders about its treatment of third-party sellers and its …
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Lifestyle brand Guess? receives buyout bid from WHP Global
Global lifestyle brand Guess? is considering a proposal to go private, following an offer from brand management company WHP Global. The …
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US shoppers uneasy despite ‘healthy’ economy
In February 2025, retail sales in the United States experienced a modest increase, reflecting cautious consumer behaviour amid ongoing economic …
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Parfois and DXC link to enhance customer experience with data insights
Portuguese fashion brand Parfois Group has partnered DXC Technology, a provider of technology services, to refine its customer experience. The enhancement …
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Screwfix to open 35 new stores across UK by 2026
Omnichannel retailer Screwfix has disclosed an expansion plan that will see up to 35 new stores opening in the UK …
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Asda signals 2025 profit dip as trust-rebuilding efforts intensify
British supermarket chain Asda has reported a slight decline in total revenue for the year ended 31 December 2024, with …
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Huawei announces initiatives to unlock potential of 5G-A and AI during MWC Barcelona 2025
The rapid development of 5G-Advanced (5G-A) Evolving 5G networks are presenting unique opportunities. By the end of 2024, there were more …
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Retailers grapple with the challenge of divided consumer values
Consumers are no longer just buying products; they are making statements with their wallets. In today’s market, if a retailer …
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Hudson’s Bay moves toward liquidation amid finance challenges
Canadian department store chain Hudson’s Bay Company has revealed plans to initiate a full liquidation of its business as it …
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Marks & Spencer marks down prices across UK stores
In a bid to support consumers amid the ongoing cost of living crisis, Marks & Spencer (M&S) has introduced substantial …
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Forever 21’s US operator files for Chapter 11 bankruptcy
Fast fashion brand Forever 21’s US operator and licensee F21 OpCo and its domestic subsidiaries have initiated voluntary Chapter 11 …
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Wayfair to open second large-format store in Atlanta, Georgia
Digital-first home goods retailer Wayfair plans to establish its second large format store in Atlanta in the US state of …
