A day after U.S. retail giant Walmart struck its largest deal with an investment in Indian online marketplace Flipkart, a right-wing Hindu group that fears small traders will suffer staged a protest in New Delhi.
House Fraser has a new owner, China's C. Banner, but despite the change, the company will still launch a CVA and plans to close some poorly performing stores as it works to reach "channel-agnostic" shoppers.
Sainsbury's has announced that it will buy Asda with the latter's owner Walmart taking a big stake in the combined firm. And both chains will continue, which means the Tu Clothing and George lines will carry on too.
Two major Wall Street brokerages were the first to value Amazon.com Inc in excess of $1 trillion (725 billion pounds) on Friday after another set of blockbuster quarterly results for the online shopping behemoth.
The UK retail sector was shocked at the weekend on news that two key supermarket names could merge. And if Sainsbury’s and Wal-Mart's Asda do merge, it would join up two of the most prominent fashion brands too.
Amazon.com more than doubled its profit on Thursday and predicted strong spring results as the world’s biggest online retailer raised the price for U.S. Prime subscribers, and added U.S. football games.
Amazon has launched Alexa Skill Blueprints, giving users the opportunity to create personalized Alexa skills suited to their homes and families. Categories of skills include at home, fun and games, and learning.
Sales dropped and profits headed downwards fast in the first half for Debenhams, but its international ops were stronger and its revamp strategy is showing early good results, although there's still a lot of work to do.