Hong Kong retail sales slide enters 14th month with 2.3% April dip
The Hong Kong Census and Statistics Department has recorded a 14th consecutive month of declining retail sales in April 2025, …
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Strategic surge: health & wellness and private equity deals drive consumer M&A boom in Q1 2025
The first quarter of 2025 has marked a bold reawakening for the global consumer M&A market. Dealmakers returned to the …
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DFI sells 22.2% stake in Philippines multiformat retailer Robinsons Retail
Asian retailer DFI Retail Group has disclosed the divestiture of 315,309,310 shares in Philippines’ multi-format retailer Robinsons Retail Holdings, Inc …
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Linen Chest secures $25m credit facility to support growth
Canadian home goods and accessories retailer Linen Chest has secured a C$35m ($25.4m) revolving credit facility from Gordon Brothers, a …
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Lowe’s completes acquisition of Artisan Design Group for $1.3bn
Home improvement retailer Lowe's Companies has completed the acquisition of Artisan Design Group (ADG), an interior services provider, for $1.325bn. The …
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Aldi strengthens leadership with McGrath as US CEO to drive growth
Grocery retailer Aldi has revealed a shift in its executive leadership, with Atty McGrath to become CEO of Aldi US. The …
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Amazon drone delivery now reaches homes in under 60 minutes
Amazon has streamlined its drone delivery service, enabling customers in eligible locations to receive lightweight items in under an hour. The …
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Costco Wholesale sees 8% net sales increase in Q3 FY25
Costco Wholesale has disclosed a net sales increase of 8% to $61.96bn for the third quarter (Q3) of fiscal 2025, …
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Skechers $9.4bn buyout faces shareholder lawsuit
A Skechers USA shareholder has initiated legal action demanding further clarity on the company's impending $9.4bn acquisition by private equity …
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SPAR Saudi Arabia unveils first SPAR Express store in Riyadh
SPAR Saudi Arabia has launched its new flagship store, SPAR Express, at the King Abdullah Financial District (KAFD) metro station in …
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Tesco and charity partners seek mandatory UK healthy food sales reporting
British supermarket chain Tesco, alongside its three health charity partners, has advocated for the introduction of compulsory reporting on healthy …
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Australian retail faces dip in April 2025 as clothing sales decline
Seasonally adjusted data from the Australian Bureau of Statistics (ABS) indicates a slight decline in retail turnover by 0.1% for …
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US shoppers drive surge in private label brand sales
Private label products are gaining significant ground in the retail sector as consumers increasingly turn to store brands amid rising …
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Gap Q1 FY25 beats expectations amid flat revenue forecast and tariff fears
Gap, owner of the Old Navy, Gap, Banana Republic and Athleta brands, has recorded net sales increase of 2% in …
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Asda reports 5.9% revenue decline in Q1 2025
Asda has reported 5.9% year-on-year decrease in total revenue, amounting to £5bn (excluding fuel) in the first quarter (Q1) fiscal …
