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Retail Industry News
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7-Eleven experiments cashierless store concept at Irving headquarters
7-Eleven cashierless store trial : Convenience stores retailer 7-Eleven is piloting a cashierless store at its corporate headquarters…
February 23, 2020
US retailer Macy’s announces 125 store closures and 2,000 job cuts
Macy’s job cuts : US upscale department store chain Macy’s intends to close around 125 stores in lower-tier…
February 23, 2020
L Brands to sell 55% stake in Victoria’s Secret to Sycamore Partners for $525m
US fashion retailer L Brands has agreed to sell 55% stake in Victoria’s Secret Lingerie to private equity…
February 21, 2020
L Brands in talks to sell Victoria’s Secret to Sycamore Partners
Ohio-based fashion retailer L Brands is in the process of divesting its Victoria’s Secret lingerie brand to private…
February 18, 2020
Vivo to open 250 more smartphone stores across India
Vivo, a Chinese smartphone manufacturer, intends to open more than 250 exclusive stores in India this year. The…
February 17, 2020
Uzbek food retail chain Korzinka secures $40m investment from EBRD
The European Bank for Reconstruction and Development (EBRD) is making an investment in Uzbek food retail chain Korzinka…
February 15, 2020
OPPO expands into Levant market with new office in Amman, Jordan
Chinese smartphone manufacturer OPPO is expanding its footprint in the Middle East by entering the Levant market with…
February 8, 2020
JLL Income Property Trust buys Milford Crossing shopping center near Boston
JLL Income Property Trust has purchased the newly-built Milford Crossing shopping center in Milford, Massachusetts for about $42…
February 1, 2020
Consumer products giant Colgate to acquire Hello oral care brand
Colgate acquisition of Hello Oral Care : Consumer products company Colgate-Palmolive (Colgate) has agreed to acquire US oral…
January 24, 2020
Smart & Final to open expanded warehouse store in Hanford, California
Smart & Final, a US grocery warehouse store chain, is set to open an expanded store in Hanford,…
January 23, 2020