India’s antitrust regulator on Wednesday approved U.S. retail giant Walmart Inc’s $16 billion acquisition of Indian ecommerce firm Flipkart, beefing up the competition for rival Amazon.com Inc in the fast growing market.
Alibaba Group plans to merge its food delivery units and raise funds for the combined business, intensifying a battle with Tencent-backed Meituan Dianping for dominance of China's booming on-demand services market.
England's run to the semi-finals of the soccer World Cup and a scorching summer encouraged shoppers in Britain to shop more in July, but overall spending rose only slowly, according to a survey of retailers.
Online retail giant Amazon.com Inc , whose entry into Australia last year rattled established bricks-and-mortar retailers, posted a modest loss in its earliest days in the country, corporate filings show.
Raen is expanding directly in Europe with the formation of a new European division, Raen Optics GmbH, or Raen Europe. Christian Grund, founder of Raen’s former European eyewear distributor, Eyegents, will lead the geo.
Virtualstock, a London-based tech startup whose cloud-based inventory solutions are used by retailers including John Lewis and Wonderbra, has completed a fundraising round that valued the business at nearly £70m.
MHL by Margaret Howell is the latest name to be confirmed for Coal Drops Yard in King’s Cross with the centre that opens soon being one of the most interesting of recent years as far as its brand line-up is concerned.
Celebrity-backed affordable eyewear brand Privé Revaux is expanding into France through a distribution agreement with Ikspan. The brand will launch at retail with Krys Group, France's largest eyewear distributor.