Aditya Birla Fashion and Retail unveils new affordable fashion brand
Indian retailer Aditya Birla Fashion and Retail Limited (ABFRL) has launched its new affordable fashion brand, OWND!, designed to appeal …
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Mitchell Family Office purchases beauty retailer Cos Bar
Investment company Mitchell Family Office (MFO) has acquired Cos Bar, a luxury multi-brand beauty retailer in the US. The financial terms …
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Schnuck Markets to acquire Skogen’s Festival Foods and Hometown Grocers
US-based supermarket chain Schnuck Markets and its holding company, the 1939 Group, have agreed to acquire the Wisconsin-based parent company …
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Employment Rights Bill risks ‘backfiring’, warn British retailers
British retailers have warned that the Government’s refusal to adopt Lords’ amendments to the Employment Rights Bill could undermine its …
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PayMore to launch 100th electronics store in Charlotte, North Carolina
US-based electronics franchise PayMore is set to open its 100th store in Charlotte, North Carolina. The electronics resale chain buys unused …
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Bodycare to close additional 30 stores amid administration process
UK-based health and beauty retailer Bodycare is set to shutter an additional 30 stores following its entry into administration earlier …
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Aldi commits £1.6bn to UK expansion despite decline in operating profit
Supermarket chain Aldi has unveiled plans to invest £1.6bn ($2.17bn) in the UK with the aim of opening 80 new …
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Apparel giant VF to divest Dickies brand in $600m deal
US apparel and footwear giant VF has agreed to sell its Dickies brand to Bluestar Alliance for $600m in cash. Owner of …
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Trump tariffs make online shopping more expensive for Americans
Online marketplaces and big-box chains that built their reputations on rock-bottom prices are quietly reshaping their offers after a fresh …
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Pepco Group opens 500th store in Romania
Discount retailer Pepco Group has completed ten years of operations in Romania with the opening of its 500th store. Pepco entered …
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Skechers goes private after acquisition completion by 3G Capital
Private equity company 3G Capital has finalised the acquisition of Skechers, taking the footwear company private. Skechers’ shares ceased trading on …
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Advent in talks to acquire Brazilian supermarket chain Sonda
US-based private equity company Advent is in advanced discussions to purchase Brazilian supermarket chain Sonda, Valor international reported, citing sources. The deal, expected …
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Sainsbury’s ends talks with JD.com over Argos sale
British supermarket chain Sainsbury’s has ended talks with Chinese retailer JD.com over the sale of its general merchandise business, Argos, …
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US retail sector maintains growth as tariffs loom
Retail spending in the United States continued to rise in August, driven by back-to-school purchases and consumer efforts to avoid …
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Retailers warn 400 big UK shops could shut over rates hike
Britain's retail industry, already struggling with rising costs, faces a new challenge. The government is proposing higher business rates for …
