Marks & Spencer reveals cyber incident disruption in its stores
UK-based retailer Marks & Spencer (M&S) has issued an update on a cyber incident that recently disrupted operations in its …
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Canadian retailer Frank And Oak to close retail stores permanently
Canadian clothing retailer Frank And Oak is set to close all 14 of its locations across Quebec, Ontario, and British …
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Walgreens reaches $300m deal over opioid prescriptions claims
US retailer Walgreens has consented to a $300m settlement to address claims by US prosecutors of unlawfully processing millions of …
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Puma hits sustainability milestone with recycled materials
German sportswear manufacturer Puma has claimed that 90% of its products are produced from recycled or certified materials as of …
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Unifor accuses Hudson’s Bay of unfair wage cuts amid liquidation
Canadian private sector union Unifor has levelled accusations against Hudson's Bay Company (HBC) for cutting commission-based pay for its workers …
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UK inflation falls, easing pressure on retailers
UK inflation continued its gradual decline in March, offering a short-term boost to retailers and consumers, according to the latest …
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Walmart’s Flipkart to relocate HQ to India ahead of 2026 IPO
Walmart-owned e-commerce giant Flipkart has unveiled intentions to transfer its holding company from Singapore to India. This development is interpreted as …
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Amazon faces NLRB complaint as Teamsters push for negotiation rights
The US National Labor Relations Board's (NLRB) Region 20 has filed a complaint against Amazon, accusing the company of unlawfully …
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Davis Polk & Wardwell and Kirkland & Ellis top Q1 2025 retail M&A legal advisers
Davis Polk & Wardwell and Kirkland & Ellis have topped the mergers and acquisitions (M&A) legal advisers in the retail …
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Tops Friendly Markets invests $4.4m in New York store renovations
US-based supermarket chain Tops Friendly Markets has disclosed plans to invest a total of $4.4m in the refurbishment of two …
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JP Morgan and UBS top retail M&A financial advisory rankings in Q1 2025
JP Morgan and UBS have secured the top positions as mergers and acquisitions (M&A) financial advisers in the retail sector, …
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Top 50 global retailers for 2025 announced
The National Retail Federation (NRF), in partnership with consultancy firm Kantar, has released its 2025 list of the Top 50 …
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Smart appliance brand Tineco launches second pop-up store in Milan, Italy
Tineco, the smart home appliance company, has opened its second pop-up store in Milan, Italy, at Via Nerino 2. The new …
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Rangita by Stellaro sets sights on 25 new outlets across India
Rangita by Stellaro Brands, a direct-to-consumer (D2C) Indian fashion label, is gearing up to inaugurate 25 exclusive brand outlets throughout …
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Hermes achieves 9% revenue increase in Q1 2025
Luxury fashion house Hermes has reported a consolidated revenue of €4.13bn ($4.70bn) in the first quarter (Q1) of 2025 (FY25), …
