Tag archive for ‘Retail business news’
By businessnewstoday On Tuesday, February 20th, 2018

Albertsons Rite Aid merger : Albertsons to buy 2,500+ drug stores of Rite Aid

(adsbygoogle = window.adsbygoogle || []).push({}); Albertsons Rite Aid merger : US grocery retailer Albertsons Companies has struck a deal to acquire over 2,500 drug stores that Rite Aid did not sell to More...

By businessnewstoday On Wednesday, February 7th, 2018

UK’s EG Group to acquire Kroger convenience store business for $2.15bn

Retail acquisition news : EG Group, a UK-based petrol forecourt convenience store retailer has made a $2.15 billion deal to foray into the United States by acquiring 762 convenience stores of American supermarket More...

By businessnewstoday On Sunday, February 4th, 2018

US flooring retailer Floor & Decor opens new distribution center in Savannah

Retail industry news : Floor & Decor, a flooring retailer offering hard-surface flooring and related accessories has opened a new distribution center in Savannah in the US state of Georgia. The new Floor & More...

By businessnewstoday On Sunday, January 28th, 2018

InRetail Peru to acquire Peruvian pharma retailer Quicorp

Retail acquisition news : InRetail Peru, a Peruvian multi format retailer has agreed to acquire Quicorp, a Peru-based pharmaceutical distributor and retailer in the Andean region for $583 million. InRetail Peru More...

By businessnewstoday On Saturday, January 27th, 2018

Tesco job cuts 2018 : British retailer Tesco to lay off 1,700 employees

Tesco job cuts 2018 : British grocery store chain Tesco is set to lay off as many as 1,700 employees to streamline its operational structures for better efficiency and provide its line managers more accountability More...

By businessnewstoday On Friday, January 26th, 2018

Walmart, Rakuten partner on online grocery delivery service in Japan

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 More...

By businessnewstoday On Wednesday, January 10th, 2018

Natural Grocers store openings : US specialty retailer to add two new stores in Dallas-Fort Worth

Natural Grocers store openings : Specialty retail chain Natural Grocers by Vitamin Cottage has announced its plans to open two new stores in the early part of this year in the Dallas-Fort Worth area. The US specialty More...

By businessnewstoday On Saturday, December 30th, 2017

Home furnishings retailer IKEA to build new furniture store in Marietta, GA

Retail industry news : Home furnishings retailer IKEA has revealed its plans to open its second furniture store in Atlanta, Georgia for which it has selected a location in Marietta. The furniture store retailer More...

By businessnewstoday On Wednesday, December 27th, 2017

Dollar General to build new retail distribution center in Longview, Texas

Retail industry news : US discount store retailer Dollar General will construct a new retail distribution center in Longview in Texas to serve nearly thousand stores in the state and the southeast region. Then new More...

By businessnewstoday On Saturday, December 9th, 2017

Clas Ohlson to acquire stake in Swedish online grocery store MatHem

Retail acquisition news : Swedish retail company Clas Ohlson has agreed to buy a stake of 10% in MatHem i Sverige, the holdings company of MatHem, a Sweden-based online grocery store for SEK 221 million ($26.16 More...