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Reliance Retail secures $1.3bn investment from Saudi Arabia’s PIF

Reliance Retail secures $1.3bn investment from Saudi Arabia’s PIF

Indian conglomerate Reliance Industries (RIL) has secured an investment of approximately $1.3bn for its retail...

6 November 2020
Kuwait’s retail co-ops union issues boycott directive on French products

Kuwait’s retail co-ops union issues boycott directive on French products

Kuwait non-governmental Union of Consumer Co-operative Societies has reportedly issued a directive to boycott French...

26 October 2020
Lulu International Holdings and ADQ sign agreement to expand in Egypt   

Lulu International Holdings and ADQ sign agreement to expand in Egypt   

Abu Dhabi holding company ADQ has reached a non-binding agreement with hypermarket and supermarket chain Lulu International Holdings (LIHL).  

19 October 2020
Mubadala in advanced talks with RIL’s retail division to invest up to $1bn

Mubadala in advanced talks with RIL’s retail division to invest up to $1bn

Abu Dhabi state-owned holding company Mubadala is reportedly in “advanced talks” with India-based Reliance Industries...

30 September 2020
South Africa’s TFG agrees to acquire stores and select assets of Jet

South Africa’s TFG agrees to acquire stores and select assets of Jet

South African retail company The Foschini Group (TFG) has submitted a conditional offer to the...

14 July 2020
Steinhoff agrees to dispose of shares in Conforama France to Mobilux 

Steinhoff agrees to dispose of shares in Conforama France to Mobilux 

South African retail holding company Steinhoff International Holdings (group) has agreed to divest its shares...

9 July 2020
Massmart commences talks with unions to cut 1,800 jobs

Massmart commences talks with unions to cut 1,800 jobs

South Africa-based retail chain Massmart Holdings has begun talks with employee unions to axe up...

8 July 2020
ACI Worldwide: Global retail eCommerce sales grew 81% in May

ACI Worldwide: Global retail eCommerce sales grew 81% in May

A research conducted by electronic payment service company ACI Worldwide has revealed that global retail...

9 June 2020
Covid-19 boosts demand for local products

Covid-19 boosts demand for local products

28 April 2020
Ikea reportedly reopens three of six stores in Israel

Ikea reportedly reopens three of six stores in Israel

Swedish furniture brand IKEA has reportedly resumed operations in Israel with the reopening of its...

23 April 2020

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Online

Amazon faces nationwide class-action lawsuit over e-book price fixing

15 Jan 2021
Online

China’s JD Daojia enters partnerships with over 20 regional supermarkets

15 Jan 2021
Brands

Aurora makes Great North exclusive representative of its brands in Canada

15 Jan 2021
Health & Beauty

Sephora designs plan to tackle racism and unfair treatment in stores

14 Jan 2021

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