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Retail Industry News
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Tata Digital Limited takes majority stake in BigBasket
Tata Digital Limited, a fully-owned subsidiary of Tata Sons, has acquired a majority stake in Supermarket Grocery Supplies…
Blackstone buys stake in e-commerce furniture company Walker Edison
Walker Edison, an American e-commerce furniture company, has secured a significant minority investment from funds managed by Blackstone…
H.I.G to acquire Travis Perkins’ plumbing and heating unit for £325m
H.I.G. Capital said that one of its affiliates has signed a deal worth around £325 million to acquire…
7-Eleven to divest 293 Speedway and 7-Eleven stores
7-Eleven said that it has revealed signing agreements to divest 293 Speedway and 7-Eleven stores to three separate…
Shri Bajrang Alliance opens new retail stores in Chandigarh
Shri Bajrang Alliance Limited (formerly Shri Bajrang Alloys) said that its Agro business has opened three new retail…
Magnit to acquire Russian retail chain DIXY for $1.25bn
Russian retailer Magnit, via its main operating subsidiary – Tander, will acquire DIXY Holding, the holding company for…
Indian eyewear retailer Lenskart secures $95m investment from KKR
Lenskart, an eyewear retailer in India, has secured an investment commitment of $95 million from private equity firm…
Grupo Comercial Chedraui’s Bodega Latina to acquire Smart & Final for $620m
Grupo Comercial Chedraui, a Mexican grocery store chain, through its subsidiary Bodega Latina Corporation, has agreed to acquire…
7-Eleven wraps up $21bn acquisition of Speedway from Marathon Petroleum
Convenience stores company 7-Eleven has wrapped up its previously announced $21 billion acquisition of convenience store chain Speedway…
Robert Redford’s Sundance opens new apparel store in Detroit, Michigan
Sundance, a lifestyle retailer of women’s and men’s apparel and accessories owned by Hollywood actor Robert Redford, has…