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Retail Industry News
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Macy’s bold new chapter: Strategic store closures signal a new retail era
Macy’s, Inc., a cornerstone of American retail, has embarked on a transformative journey aimed at redefining its operations…
Floor & Decor expands to Venice, Florida: A major milestone in hard-surface flooring
Floor & Decor, a leading specialty retailer in the hard-surface flooring industry, has launched its newest warehouse-format store…
Retail AI spending to rise 52% as companies embrace enterprise-wide integration, says IBM Study
Artificial intelligence (AI) is becoming a cornerstone of retail and consumer product strategies, with spending on AI initiatives…
HomeTown expands national presence with bold new store openings
HomeTown, a trusted name in India’s home solutions market, is embarking on an ambitious expansion with the launch…
Gordon Brothers transfers Laura Ashley brand to Marquee Brands in milestone deal
Gordon Brothers, a Boston-based global advisory, restructuring, and investment firm, has officially sold the Laura Ashley brand, along…
SPS Commerce to strengthen Amazon supply chain tools with $210m Carbon6 acquisition
SPS Commerce, Inc., a leader in cloud-based retail supply chain solutions, has announced a definitive agreement to acquire…
Tractor Supply expands reach with Allivet acquisition, unlocking $15bn market potential
Tractor Supply Company, a leading name in the rural lifestyle retail sector, has officially completed its acquisition of…
Whirlpool partners with PG Electroplast to manufacture semi-automatic washing machines
Whirlpool of India Limited has announced a strategic partnership with PG Electroplast Limited (PGEL) to contract manufacture select…
Gulf Oil and Nayara Energy forge partnership to expand premium automotive lubricants across India
In a landmark collaboration, Gulf Oil Lubricants India Ltd. and Nayara Energy announced a strategic partnership designed to…
Renaissance Global secures Rs 163.5cr via preferential allotment of equity shares
Renaissance Global Limited (RGL), a renowned global player in the branded jewellery sector, announced a significant capital infusion…