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Burberry and Coach potential merger talks see shares jump

Burberry and Coach shares rose sharply after financial blog Betaville said, citing sources, that Coach was working with investment bank Evercore on a potential merger with Burberry. Burberry shares rose nearly 5 per cent last week and by 1315 GMT they were up 3.51 per...

The Estée Lauder Companies to acquire BECCA Cosmetics

The Estée Lauder Companies Inc. announced that it has signed an agreement to acquire BECCA Cosmetics, a high-growth makeup brand offering complexion and color products that flatter a wide range of skin tones and enhance women’s features. Terms of the...

Starbucks announces Starbucks Reserve Roastery coming to Tokyo in 2018

Starbucks Coffee Company on Friday announced it will open a Starbucks Reserve Roastery, Japan, in 2018. Located in the Nakameguro district, an upscale neighborhood known for its exclusive boutiques and art galleries, the Roastery will be a one-of-a-kind retail environment. Designed in...

Walmart to invest US$ 50 million in Chinese online grocery and delivery firm New Dada

Walmart has announced a US$ 50 million strategic investment in New Dada, China’s largest local on-demand logistics and grocery O2O e-commerce platform. The investment is an extension of Walmart’s broader agreement with JD.com and cooperation with New Dada, which...

Dunkin' Brands franchisees slowdown on store openings; US election jitters turns franchisees cautious

Dunkin’ Brands Group Inc. franchisees are slowing openings of new outlets in the US due to economic uncertainty. Uncertainty around the outcome of the US Presidential election, unknown potential regulations and minimum wage increases are causing the franchisees to be...

Now, order food on Facebook with the help of friends

Facebook, on Thursday, introduced new features to allow you to order food, request an appointment with a local spa, get a quote and even book movie tickets with your friends' recommendations as you travel to a new place. Now if you are...

Starbucks to double China stores in five years; names first CEO

The World's biggest coffee chain Starbucks recently named its first chief executive officer for China and said it plans to more than double its store count in that country to 5,000 by 2021, the company said in a statement.. Starbucks...

Apple shop debuts in Macy's flagship store

Macy's flagship Herald Square store in US now houses an Apple shop, which will be manned by Apple associates. The consumers can shop from an eyeliner to various Apple products like like iPhones, iPads, MacBooks, and the new Nike-branded...

Amazon to hire 120,000 temp workers for holiday season

Amazon today announced it is creating more than 120,000 seasonal positions across its U.S. network of fulfillment centers, sortation centers and customer service sites this holiday season. Last year, the US-based online retail giant had hired 100,000 temporary workers. Amazon said...

Tesco wages price war on Unilever, stops stocking brand

Britain's largest grocery chain, Tesco, has dropped dozens of Unilever products from its website after a row over prices in the wake of a partly Brexit-driven slump in the British currency. Some of the products whose stocks are dwindling include Marmite, Ben & Jerry’s ice-cream and Lynx...

Amazon plans to open grocery convenience stores: Report

A Wall Street Journal report claimed that Amazon hopes to open convenience stores where you'd buy meat, veggies and "other perishable items" that you take home like you would from any brick-and-mortar store. The Journal cited unnamed sources as saying Amazon...

Sainsbury's to open in-store Argos outlets in every supermarket

UK-based Sainsbury's plans to open an Argos branch inside every one of its supermarkets. Sainsbury's boss Mike Coupe said on Wednesday that there will be an Argos mini-store or a click-and-collect point in every supermarket over the next few years. The move is part...

Coca-Cola exercises call option to acquire ABI’s stake in Coca-Cola Beverages Africa

The Coca-Cola Company has announced its intention to acquire Anheuser-Busch InBev’s (ABI) stake in Coca-Cola Beverages Africa (CCBA) following the closing of the ABI combination with SABMiller. The company has chosen to exercise its right to acquire ABI’s stake in...

Dole acquires Chile's TucFrut Farms

Dole Food Company announces the acquisition of the TucFrut farms and packing facilities in the Molina and Linares areas of Chile. The TucFrut property, located 140 miles South of Santiago, consists of five different farms spread over 1,000 hectares...

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NRF 2025: Retail’s Big Show kicks off in NYC

The opening day includes sessions led by industry leaders, showcasing insights on retail trends, technological advancements, and consumer behaviourNew...
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