Authentic Brands to buy fashion retailer Ted Baker for £211m
Authentic Brands manages major brands such as Reebok and Juicy Couture, as well as the image rights of Elvis Presley.
Acquisition
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Delta 9 Cannabis to acquire three stores in Manitoba, Canada
Two of the Garden Variety retail cannabis stores are located in Winnipeg, with one in Brandon.
PRG Retail Group buys assets of Toys”R”Us’ former Iberian licence
The acquisition aims to ensure the brand’s future continuity and growth in Spain and Portugal.
M&S buys logistics firm Gist as part of supply chain transformation
Gist is the principal contract logistics provider for M&S Food and provides limited services for third parties.
Walmart agrees to acquire optical technology company Memomi
The acquisition is part of Walmart’s efforts to offer frictionless, omnichannel optical care.
Foot Locker agrees to sell Team Sales business to BSN Sports
The company will merge the Eastbay.com retail website into its Champs Sports banner.
Amethis and partners to sell stake in Kenyan retailer Naivas
Naivas claims to be a key retailer in Kenya, with a network of 84 stores in 20 cities.
Zomato proposes to acquire grocery-delivery start-up Blinkit
Blinkit recorded a gross order value of Rs4.02bn ($51.39m) last month.