Category: Retail Industry News

GSS Infotech acquires fruits and vegetables retail chain Polimeraas

businessnewstoday- December 6, 2021 0

GSS Infotech Limited has acquired Indian fruits and vegetables retail chain Polimeraas Argos in stock and cash deal worth INR 250 crores. The Hyderabad-based software ... Read More

Flipkart forays into healthcare; to acquire majority stake in Sastasundar

businessnewstoday- November 20, 2021 0

Indian e-commerce firm Flipkart has forayed into the healthcare sector with the launch of Flipkart Health+, while signing agreements to acquire a majority stake in ... Read More

Reliance Retail Ventures acquires amanté lingerie brand in Sri Lanka

businessnewstoday- November 15, 2021 0

Reliance Industries Limited said that its subsidiary — Reliance Retail Ventures Limited (RRVL) has acquired the amanté lingerie brand from MAS Brands for an undisclosed ... Read More

PDS Multinational Fashions to take stake in Zen Industries B.V.

businessnewstoday- October 19, 2021 0

PDS Multinational Fashions Limited said that its subsidiary — Smart Notch Industrial Limited will acquire a 5% stake in Zen Industries B.V. for a sum ... Read More

TCS roped in as digital partner by Japanese retailer Cainz

businessnewstoday- October 18, 2021 0

Tata Consultancy Services (TCS) has been roped in by Japanese home improvement retailer Cainz Corporation to speed up its digital transformation, enhance customer experience, and ... Read More

Total Transport Systems awarded 50 new stations by Flipkart

businessnewstoday- October 11, 2021 0

Total Transport Systems, a cargo forwarding, consolidation, and deconsolidation provider, has been granted 50 new stations from Indian e-commerce giant Flipkart as its outsourced delivery ... Read More

ThredUp to set up $70m distribution center in Lancaster, Texas

Soujanya Ravi- October 9, 2021 0

ThredUp, a California-based online consignment and thrift store, is setting up a flagship distribution center in the Dallas-Fort Worth area with an investment of $70 ... Read More

Reliance Retail Ventures to open 7-Eleven convenience stores in India

businessnewstoday- October 7, 2021 0

Reliance Retail Ventures Limited (RRVL), via its fully-owned subsidiary — 7-India Convenience Retail, has signed a master franchise agreement with American convenience stores company 7-Eleven ... Read More

DoorDash to offer on-demand delivery for Bed Bath & Beyond in US

businessnewstoday- September 26, 2021 0

Bed Bath & Beyond, a US home retail store chain, has entered into a partnership with last-mile logistics platform DoorDash. Under the partnership, DoorDash will ... Read More

G-III Apparel to acquire French luxury fashion brand Sonia Rykiel

businessnewstoday- September 25, 2021 0

US clothing company G-III Apparel Group has agreed to acquire Sonia Rykiel, a French luxury fashion brand for an undisclosed price. The European luxury fashion ... Read More