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Retail Industry News
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DoorDash to offer on-demand delivery for Bed Bath & Beyond in US
Bed Bath & Beyond, a US home retail store chain, has entered into a partnership with last-mile logistics…
G-III Apparel to acquire French luxury fashion brand Sonia Rykiel
US clothing company G-III Apparel Group has agreed to acquire Sonia Rykiel, a French luxury fashion brand for…
E-commerce giant Amazon opens new fulfillment center in Montgomery, NY
E-commerce giant Amazon has opened a new fulfillment center in Montgomery, New York state to cope up with…
E-commerce giant Amazon opens Fargo fulfillment center in North Dakota
E-commerce giant Amazon has opened a new one million-plus square foot fulfillment center in Fargo, the company’s first…
Affirm to offer payment solution to Amazon’s customers at checkout
Affirm, a US-based financial technology company, has entered into a partnership with e-commerce giant Amazon to offer its…
31st Street Capital acquires Illinois-based flooring company Total Flooring
US private equity firm 31st Street Capital has acquired Illinois-based flooring company Total Flooring for an undisclosed price.…
Massmart to sell non-core food assets to rival Shoprite Checkers for $89m
Walmart-owned Massmart has agreed to sell its non-core food assets to rival South African retailer Shoprite Checkers for…
Arvind Fashions to raise Rs 439cr through preferential allotment of shares
Arvind Fashions Limited (AFL) said that its board of directors has approved raising of INR 439 crores via…
Adidas to sell Reebok to Authentic Brands Group in $2.1bn deal
German sportswear manufacturer Adidas has agreed to sell American footwear and clothing brand Reebok to brand management company…
Levi Strauss to acquire athleisure apparel brand Beyond Yoga
Levi Strauss & Co. (LS&Co.) has agreed to acquire US-based athleisure apparel brand Beyond Yoga for an undisclosed…