Retail acquisition news : British supermarket company Sainsbury’s and Walmart-owned Asda Stores are reported to be in talks over a £10 billion merger deal in a move to create the largest UK supermarket chain. The potential Sainsbury’s and Asda merger has been confirmed by the former on Saturday, reported Reuters. Sainsbury’s is currently in advanced […]
Retail business news : Retail giant Walmart and Japanese ecommerce conglomerate Rakuten have announced a new strategic partnership to launch online grocery delivery service in Japan and for offering new eBooks and audiobooks in the United States. The new online grocery delivery service in Japan is slated to commence in the third quarter of this […]
Walmart has signed a deal to acquire online apparel company Bonobos for $310 million in an all-cash deal just a day after the retail acquisition news of Amazon acquisition of Whole Foods Market for $13.7 billion. While Amazon has been looking to make a presence on the physical front, Walmart on the other hand is […]