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M&S hires new Food Marketing Director as part of marketing overhaul

Marks & Spencer has carried out a major shake-up of its marketing team, led by the appointment of Sharry Cramond as marketing director for food and hospitality.Cramond arrives at the department store from a successful career with Southeastern Grocers...

Amazon Go: New supermarket with no checkouts opens on Monday

In a move that could revolutionise the way we buy groceries, Amazon opens its first supermarket without checkouts -- human or self-service -- to shoppers on Monday.Amazon Go, in Seattle in the US, has been tested by staff for...

David Beckham to launch L’Oreal men’s grooming products

David Beckham will launch 21 men's grooming products under the name House 99 on Feb 1 in the United Kingdom, exclusively at Harvey Nichols stores. male grooming products called House 99.This new product line is inspired by David Beckham's...

Domino’s CEO Patrick Doyle to leave in June; Richard Allison appointed new CEO

President and Chief Executive Officer J. Patrick Doyle has announced his intention to depart Domino's on June 30 after more than eight years at the helm of what is now the world leader in pizza.At the same time, Domino's...

Dunkin Donuts to scale back 10 pc food, drinks menu

Dunkin Donuts is cutting back on its food and drink offerings aiming for speedier, more accurate service.The scaled back menus will appear in New England and upstate New York from Monday onwards, and roll out to the rest of...

Sears to close another 103 stores

Sears is closing another 103 stores, on top of the 63 stores closing at the end of this month, the company said Thursday.That consists of 64 Kmart stores and 39 Sears stores, all of which are expected to shut...

Al-Futtaim acquires Marks & Spencer’s retail business in Hong Kong, Macau

Marks & Spencer (M&S) has confirmed the sale and franchise of its retail business in Hong Kong and Macau to its long-established franchise partner Al-Futtaim. The sale, which completed on 30 December, sees Al-Futtaim become the new sole franchisee...

The Shilla Duty Free launches at Hong Kong International Airport

The Shilla Duty Free, one of the world’s leading travel retail companies, has commenced operations at Hong Kong International Airport (HKIA), after its successful bid on the perfume and cosmetics, and fashion accessories concessions earlier this year. Six retail outlets...

London's Hamleys store opens in Beijing

On December 23, 257-year-old British toy retailer Hamleys, opened its largest store worldwide in Beijing, the third one so far in China. An exclusive Hamleys Toy Parade was also held to celebrate the opening, timed to coincide with the...

US grocery giant Kroger opens first stand-alone restaurant, Kitchen 1883

America's largest grocery chain, Kroger, has opened its first stand-alone restaurant as part of its new hospitality division. The restaurant, christened Kitchen 1883 - a reference to the year Barney Kroger founded the grocery chain - is located adjacent to...

China's Tencent to buy 5 pc stake in Yonghui Stores

Tencent Holdings has agreed to purchase a stake in one of China’s largest supermarket chains, Yonghui Superstores. Shanghai-listed Yonghui announced on Monday evening that Tencent would buy a 5 per cent stake at an unspecified price. encent will also take...

Target acquires same-day delivery platform Shipt for US $550 million

Target Corp has announced that it has agreed to acquire Shipt, Inc., a leading online same-day delivery platform, for US $550 million in cash. Target will leverage its network of stores and Shipt's proprietary technology platform and community of...

French property giant Unibaail-Rodamco buys Westfield malls for $24.7 billion

Australian company Westfield, which runs two of UK’s highest-earning shopping centres is being bought by French property giant Unibail-Rodamco for $24.7 billion in what is being termed as a mega deal, the largest acquisition of an Australian company in history. With the closing of...

Hammerson bought rival Intu for £3.4 billion to create a mall giant

British shopping centers owner Hammerson has agreed to buy smaller rival Intu Properties for about £3.4 billion ($4.56 billion) to create a pan-European real estate giant controlling assets worth £21 billion. Hammerson owns the Brent Cross shopping centre in London, as...

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Nexus Select Trust acquires Vega City Mall in Bengaluru for Rs 913 cr

This includes a purchase consideration of Rs 869.75 crore and a balance towards planned capex, including renewables, and closing...
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