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Poundstretcher finds new owner in US investment firm Fortress

Discount retail chain Poundstretcher is set to be acquired by Fortress Investment Group, a US private equity firm, for an …

Billy Reid acquires Knot Standard’s retail and DTC business  

American fashion house Billy Reid has acquired the retail and online direct-to-consumer (DTC) division of premium made-to-measure company Knot Standard.  The …

Tesco launches dedicated page to champion British produce

Supermarket giant Tesco has announced the launch of a new online initiative – the Best of British page – to …

Fast Retailing reports 14% gross profit growth in H1 FY24

Fast Retailing, the Japanese owner of clothing retailer Uniqlo, has reported a gross profit of Y845.2bn ($5.5bn), an increase of …

The Home Depot extends links with Google Cloud to boost tech strategy

US home improvement retailer The Home Depot has extended its partnership with Google Cloud to expedite its technology strategy.  The expanded …