Category: Retail Industry News

Woolworths to acquire 80% stake in Australian online marketplace MyDeal

businessnewstoday- May 21, 2022 0

Woolworths Group has offered to acquire a stake of around 80% in (MyDeal), an Australian online marketplace, in a deal that values 100% of ... Read More

Fiberon begins construction on new manufacturing facility in Columbia

businessnewstoday- May 13, 2022 0

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

businessnewstoday- May 8, 2022 0

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

businessnewstoday- April 11, 2022 0

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

businessnewstoday- March 28, 2022 0

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

businessnewstoday- March 27, 2022 0

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

businessnewstoday- March 12, 2022 0

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

businessnewstoday- March 8, 2022 0

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

businessnewstoday- February 26, 2022 0

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

businessnewstoday- February 20, 2022 0

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