Category: Retail Industry News
Woolworths to acquire 80% stake in Australian online marketplace MyDeal
Woolworths Group has offered to acquire a stake of around 80% in MyDeal.com.au (MyDeal), an Australian online marketplace, in a deal that values 100% of ... Read More
Fiberon begins construction on new manufacturing facility in Columbia
Fiberon, an American manufacturer of outdoor living products, started construction on a new manufacturing facility in Columbia, Tennessee. The facility is likely to be at ... Read More
TCS helps Duluth Trading reimagine in-store checkout experiences
Tata Consultancy Services (TCS) said that it has helped Duluth Trading Co., an American workwear and accessories company, to drive seamless omni-channel checkout experiences by ... Read More
Exemplis acquires e-commerce home furniture retailer Edloe Finch
Exemplis, a furniture manufacturer based in California, has acquired e-commerce home furniture retailer Edloe Finch for an undisclosed price. Based in Texas, Edloe Finch is ... Read More
Victoria’s Secret acquires minority stake in Frankies Bikinis for $18m
Victoria’s Secret & Co. said that it has acquired a minority stake in Frankies Bikinis, a beachwear and lifestyle brand based in Venice, California, for ... Read More
BSE Investments acquires 5.9% stake in Open Network for Digital Commerce
BSE Investments Limited (BSEIL), a wholly-owned subsidiary of Indian stock exchange BSE, has acquired a stake of 5.88% in Open Network for Digital Commerce (ONDC) ... Read More
Carlyle to acquire bike protective equipment manufacturer Dainese Group
Carlyle, a US-based investment firm, has agreed to acquire Dainese Group, an Italian provider of protective equipment and apparel for motorcycling and dynamic sports, for ... Read More
Alimentation Couche-Tard quits Russia to protest Ukraine’s invasion
Alimentation Couche-Tard said that it is suspending operations in Russia with immediate effect in light of the country’s invasion of Ukraine. The Canadian convenience stores ... Read More
Carvana to acquire US physical auction business of ADESA for $2.2bn
Carvana, an online used car retailer, has agreed to acquire ADESA U.S., the US physical auction business of ADESA, a fully-owned subsidiary of KAR Global, ... Read More
Ocado, Groupe Casino plan JV for customer fulfilment centers in France
Ocado Group and French mass-market retail group Groupe Casino plan to create a new exclusive joint venture (JV) to support the development and management of ... Read More
