Retail tech startup Accel Robotics raises $30m from SoftBank and others
California-based Accel Robotics, a retail tech startup which uses artificial intelligence (AI) and computer vision to provide checkout-free experience, has raised $30 million in a ... Read More
Online apparel retailer Vinted raises €128m from Lightspeed Venture and others
US venture capital firm Lightspeed Venture Partners has led a EUR128 million Series E funding round for Vinted, a Lithuanian second hand apparel online marketplace. ... Read More
Smart & Final to open new grocery warehouse store in Los Angeles
Smart & Final, a US grocery warehouse store chain, will open its new store on 8 January 2020 at Jordan Downs Plaza, a mixed-use public ... Read More
Myntra launches luxury fashion store Pernia’s POP-UP SHOP
Myntra, an Indian fashion e-commerce company, has launched ‘Pernia’s POP-UP SHOP’, a luxury fashion store for men and women. The new luxury fashion store is ... Read More
IFF to acquire DuPont’s Nutrition & Biosciences in $26.2bn deal
International Flavors & Fragrances (IFF) has agreed to acquire DuPont's Nutrition & Biosciences (N&B) business in a $26.2 billion deal to create a combined company ... Read More
JBS USA plans to acquire J&B Group meat processing facility in Pipestone
Brazilian meat processing giant JBS said that its US subsidiary JBS USA has signed an agreement with J&B Group to lease the latter’s meat processing ... Read More
Constellation Brands, E. & J. Gallo Winery sign revised deal to address FTC concerns
US drinks companies Constellation Brands and E. & J. Gallo Winery have agreed to revise their previously announced $1.7 billion deal in order to address ... Read More
Nestlé to sell US ice cream business to Froneri for $4bn
Nestlé has agreed to sell its US ice cream business to Froneri, its ice cream manufacturing joint venture with PAI Partners, for $4 billion, as ... Read More
New convenience store Platte Street Mercantile opens doors in Denver
Platte Street Mercantile, a new grab-and-go convenience store has opened its doors in Denver, Colorado, located at 1620 Platte Street near the Highlands pedestrian bridge ... Read More
Spin Master acquires Orbeez brand from Maya Toys
Spin Master, a Canadian toy and entertainment company, has acquired the Orbeez brand and other select brands from California-based toy manufacturer Maya Toys for an ... Read More