​Flipkart acquires Walmart India, launches Flipkart Wholesale digital marketplace

(adsbygoogle = window.adsbygoogle || []).push({}); ​Flipkart acquisition of Walmart India : Indian e-commerce company The Flipkart Group has acquired a 100% stake in Wal-Mart India (Walmart India) from US retail giant Walmart for an undisclosed price. The acquisition is part of Flipkart’s plan to transform the kirana retail ecosystem More...

by businessnewstoday | Published 2 weeks ago
By businessnewstoday On Thursday, June 25th, 2020

Publix Super Markets opens new GreenWise Market grocery store in Odessa

Publix Super Markets has opened a fourth Florida location for its GreenWise Market grocery store chain, located just north of Tampa in Odessa. The new GreenWise Market grocery store can be found at State Road 54 More...

By businessnewstoday On Thursday, June 18th, 2020

Kinaxis to acquire retail and CPG focused AI solutions provider Rubikloud

Kinaxis acquisition of Rubikloud : Kinaxis, a Canadian supply chain management and sales and operation planning software company, has agreed to acquire Rubikloud, a provider of artificial intelligence solutions More...

By businessnewstoday On Saturday, June 6th, 2020

Bambuser to provide Live Video Shopping software to fashion retailer

Bambuser, a Swedish live streaming provider, has signed a pilot agreement worth SEK 350,000 with an undisclosed global retailer for its Live Video Shopping software product. Launched in September 2019, Live Video More...

By businessnewstoday On Wednesday, May 20th, 2020

Winkler Wholesale Grocers selects ShopHero as ecommerce provider

Winkler Wholesale Grocers, an Indiana-based supermarket company, has entered into a partnership with ShopHero to offer online grocery shopping to more than 400 independent grocery stores across six Midwest states More...

By businessnewstoday On Saturday, May 16th, 2020

JCPenney seeks bankruptcy protection amid Covid-19 disruption

US department store chain J.C. Penney (JCPenney) has filed for bankruptcy protection besides reducing its store count to better align its business with the prevailing operating environment resulting from the coronavirus More...

By businessnewstoday On Monday, May 11th, 2020

Latitude 27 Capital acquires jewelry components manufacturer JK Findings

Latitude 27 Capital, a private investment firm, has acquired the assets of JK Jewelry, (doing business as JK Findings), a designer, manufacturer and wholesaler of jewelry components (findings) for an undisclosed More...

By businessnewstoday On Thursday, May 7th, 2020

US indoor cycling brand CycleBar set to foray into Australia

US indoor cycling brand CycleBar has signed a master franchise agreement in Australia, which gives the master franchisee the right to license over 45 CycleBar studios over the next several years to potential franchisees More...

By businessnewstoday On Tuesday, May 5th, 2020

L Brands, Sycamore Partners scrap $525m Victoria’s Secret Lingerie deal

US fashion retailer L Brands and private equity firm Sycamore Partners have agreed to mutually terminate the previously announced $525m sale of a 55% stake in Victoria’s Secret Lingerie to the latter. The termination More...

By businessnewstoday On Thursday, April 30th, 2020

US department store chain Belk set to reopen stores from May

Belk, a US department store chain, is set to reopen its local stores from May after closing them temporarily because of the COVID-19 outbreak. The private department store company said that its stores across South More...