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Retail Industry News
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Reliance Retail to buy cash & carry wholesaler Metro India for Rs 2,850cr
Reliance Retail Ventures, an arm of Reliance Industries, will acquire Metro Cash & Carry India (Metro India), a…
December 24, 2022
Nordstrom to open new Nordstrom Rack in Denton, Texas
Nordstrom, an American luxury department store chain, is planning to open a new Nordstrom Rack in Denton, Texas…
December 18, 2022
Woolworths to take majority stake in pet food retailer Petspiration
Woolworths, an Australian trans-Tasman retailer, has agreed to acquire 55% of interest in Petspiration, a pet food retailer,…
December 15, 2022
Walgreens Boots Alliance sells $1bn worth shares of AmerisourceBergen
Walgreens Boots Alliance said that it has divested shares of AmerisourceBergen, an American drug wholesale company, for a…
December 11, 2022
V-Guard to acquire kitchen appliances manufacturer Sunflame Enterprises
V-Guard Industries has agreed to acquire Sunflame Enterprises Private Ltd. (SEPL), an Indian kitchen appliances manufacturer, for INR…
December 9, 2022
BJ’s Wholesale Club Midlothian to open on 9 December 2022
BJ’s Wholesale Club, an American membership warehouse clubs operator, will open its new club in Midlothian, Virginia on…
December 8, 2022
Meijer Grocery stores in southeast Michigan : Opening date revealed by Meijer
American supercenter chain Meijer will open its first two Meijer Grocery stores in southeast Michigan at Orion Township…
December 8, 2022
Fortune Brands Home & Security signs $800m deal with Assa Abloy
Fortune Brands Home & Security has agreed to acquire the Emtek and Schaub premium and luxury door and…
December 5, 2022
Clothing retailer NEXT to acquire majority assets of lifestyle brand Joules
UK’s online clothing retailer NEXT, through a newly formed company, has collaborated with Tom Joule to acquire out…
December 5, 2022
Phoenix Mills Limited opens Phoenix Citadel mall in Indore
Indian retail mall developer Phoenix Mills Limited (PML) has inaugurated the Phoenix Citadel mall in Indore, Madhya Pradesh.…
December 1, 2022