Tag: retail business
Central Group, Signa complete acquisition of Selfridges Group
Thailand-based Central Group and Austria's Signa Holding have completed the acquisition of the luxury retailer, Selfridges Group, from the Weston Family. Selfridges Group portfolio, which comprises 18 stores...
Auchan Retail to acquire 235 supermarkets in Spain
Auchan Retail said on Tuesday that its Spanish subsidiary Alcampo has signed a deal to acquire 235 supermarkets and a warehouse located mainly in...
Aldi to grow UK retail estate with 100 new stores in...
Supermarket giant Aldi plans to invest £1.3 billion over the next two years (2022-2023) in a bid to further accelerate its share of the...
Carrefour to acquire Grupo BIG in Brazil for €1.1bn
Grupo Carrefour Brasil (Carrefour Brazil) has agreed to acquire Grupo BIG Brasil SA (Grupo BIG), the third largest food retailer in Brazil, from Advent...
Retail sales growth speeds up as September marks fourth month of...
A strong rebound in apparel led a continuing V-shaped recovery from the pandemic as retail sales accelerated their rate of growth in September and...
CBRE UK : Increased investment in online capabilities expected in the...
Investment in online capabilities and delivery apps across the retail sector is expected to increase further, according to the latest research from global real...
Simon Property terminates $3.6bn Taubman agreement
Simon Property Group, the largest U.S. shopping mall owner and an S&P 100 company, said it has exercised its contractual rights to terminate its February 9, 2020 merger...
Carrefour acquires 224 proximity stores in Taiwan
Global food retail giant Carrefour, a French group, has entered into an agreement with Dairy Farm to acquire Wellcome Taiwan. The acquisiton includes 224 proximity...
Brookfield announces $5bn retail revitalization program
Brookfield Asset Management has launched a 'Retail Revitalization Program' to recapitalize retail businesses in the major markets in which Brookfield operates globally. The compnay is targeting $5...
Sonae Sierra, APG, Allianz and Elo form JV for €1.8bn Iberian...
Sonae Sierra, APG, Allianz and Elo have entered into an agreement to form a new strategic joint venture for Sierra Prime, a EUR 1.8...