H&M to open three stores in Parque Arauco malls in 2023
Sweden-based clothing retailer Hennes & Mauritz (H&M) has signed a long-term agreement with Chile-based shopping mall company Parque Arauco to …
Careismatic buys nursing footwear company BALA footwear
Medical apparel company Careismatic has expanded its portfolio with the acquisition of nursing footwear company BALA footwear (BALA). Based in Portland, …
UK retail sales fail to gain momentum in May despite bank holidays
Retail sales growth in the UK continues to remain low despite the May 2023 bank holidays, data from the British …
Storewise acquires software firm MarginMAX
Retail automation software provider Storewise has strengthened its platform capabilities with the acquisition of software company MarginMAX. Based in Baton Rouge, …
Buy Buy Baby attracts interest amid Bed Bath & Beyond’s bankruptcy
Buy Buy Baby, the subsidiary of struggling retailer Bed Bath & Beyond, may survive the company's bankruptcy as potential bidders …
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US retailers face backlash over LGBTQ+ celebrations
LGBTQ+ Pride Month is a month, typically June, dedicated to the celebration and commemoration of lesbian, gay, bisexual, transgender and …
Consumers cut back on restaurant visits as inflation soars
As inflation continues to put pressure on consumers' budgets, a recent report from AlixPartners reveals a shift in behaviour when …
Tokmanni plans to develop new store in Pälkäne, Finland
Finland-based retail chain Tokmanni has planned to develop a new store in Tervapirtintie, Pälkäne. The new store will feature approximately 2,700m² …
Ikea and Visa foundations partner on green business programme in India
Non-profit economic development organisation TechnoServe has launched the first cohort of the Greenr Sustainability Accelerator, supported by the Ikea Foundation …
ASOS receives a £1bn bid from Turkish firm Trendyol
UK-based fashion retailer ASOS had secured a takeover bid from Turkish online retailer Trendyol, British daily newspaper The Times reported. The …
Shapellx unveils first store in Georgia, US
Shapewear and body shaping products retailer Shapellx has opened its first physical location in Atlanta, Georgia. Located at 855 Emory Point …
Authentic Brands purchases intellectual property of Hunter
Brand management company Authentic Brands Group (Authentic Brands) has acquired the intellectual property of global outdoor lifestyle brand Hunter. Hunter offers …
365 Retail Markets launches new self-service kiosk
Retail technology provider 365 Retail Markets has launched MM6 for Markets, its latest kiosk designed to improve the self-service consumer …
Patagonia settles trademark infringement case with Gap
US-based outdoor apparel retailer Patagonia has reportedly settled its trademark infringement case with clothing company Gap. On 11 November 2022, Patagonia …
JPMorgan downgrades Target over growing concerns
JPMorgan has downgraded the retail giant Target due to mounting concerns about its future prospects. The downgrade by the investment bank …