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Lowe’s to layoff over 500 employees in North Carolina American home improvement retailer, Lowe’s is embarking on a major restructuring program which would result in the layoff of over 500 employees. Specialist Retailers > Home Furniture & Houseware Retailers > News
Lowe’s to layoff over 500 employees in North Carolina By RBR Staff Writer
American home improvement retailer, Lowe’s is embarking on a major restructuring program which would result in the layoff of over 500 employees.
Specialist Retailers > Home Furniture & Houseware Retailers > News Funds advised by CVC to buy Polish convenience retailer Zabka Polska Funds advised by CVC Capital Partners will purchase Żabka Polska from Mid Europa Partners.
General Retailers > Convenience Stores & Gas Stations > News Steinhoff, Shoprite scrap African merger deal on share exchange disagreement By RBR Staff Writer
South Africa based Steinhoff and Shoprite have scrapped their proposed merger deal of forming an African retail giant dubbed Retail Africa owing to a disagreement on the share exchange ratio.
General Retailers > Hypermarkets & Supermarkets > News
?UK online retail sales grew +12% in January The latest figures from the IMRG Capgemini e-Retail Sales Index revealed that UK online retail sales were up +12% year-on-year (YoY) in January this year, representing a steady start to the year for online sales, having built on a solid performance in January 2016, when growth was +15%.
General Retailers > Multi-channel & Online Retailing > News Amazon unveils plans to create 5,000 full time jobs in UK By RBR Staff Writer
Online retail giant Amazon has unveiled plans to create more than 5,000 new full-time jobs this year at its UK operations, increasing the total workforce in the country to 24,000.
General Retailers > Multi-channel & Online Retailing > News TSTT selects Beesion for retail transformation Telecommunications Services of Trinidad & Tobago (TSTT) has selected Beesion Technologies to transform the bmobile in-store experience across its 10 corporate-owned stores and 90 national resellers to support both wireless and wireline services.
News

Latest News and Insight by Sector

Discount Retailers

PREIT signs DICK’S Sporting Goods as lead tenant to replace Sears at Capital City Mall
PREIT has executed three leases for replacement tenants following proactive recapture of Sears stores as previously announced.
Discount Retailers > Discount, Variety & General Merchandisers > News
Dollar General intends to create 10,000 new jobs in 2017
Dollar General is planning to create about 10,000 new jobs in 2017 as the result of 1,000 planned new store openings and two new distribution centers.
Discount Retailers > Discount, Variety & General Merchandisers > News

General Retailers

Funds advised by CVC to buy Polish convenience retailer Zabka Polska
Funds advised by CVC Capital Partners will purchase Żabka Polska from Mid Europa Partners.
General Retailers > Convenience Stores & Gas Stations > News
Steinhoff, Shoprite scrap African merger deal on share exchange disagreement
By RBR Staff Writer
South Africa based Steinhoff and Shoprite have scrapped their proposed merger deal of forming an African retail giant dubbed Retail Africa owing to a disagreement on the share exchange ratio.
General Retailers > Hypermarkets & Supermarkets > News

Specialist Retailers

Lowe’s to layoff over 500 employees in North Carolina
By RBR Staff Writer
American home improvement retailer, Lowe’s is embarking on a major restructuring program which would result in the layoff of over 500 employees.
Specialist Retailers > Home Furniture & Houseware Retailers > News
Nordstrom to open new Nordstrom Rack store in Maryland, US
Seattle-based Nordstrom has unveiled plans to open a new store within The Shops at Canton Crossing in Baltimore, Maryland.
Specialist Retailers > Apparels, Accessories & Luxury Goods Retailers > News

Markets & Regulations

Amazon partners with UK government to test drone deliveries
By RBR Staff Writer
Online retail giant Amazon has entered into a partnership with UK Government to expand its testing of delivery drones.
News
Retail sector urged to have their say on how to close the gender pay gap
By FBR Staff Writer
Retail firms across the country are being called on to respond to a major Government consultation on how to close the gender pay gap.
Markets & Regulations > Markets > News

Retail Technology

DynamicAction partners with Accenture to drive forward retail industry with advanced analytics
DynamicAction, provider of the most advanced analytics solution specifically designed for retailers, has secured $15m in new funding and entered into an alliance relationship with Accenture.
Retail Technology > News
Shop Direct signs 10-year agreement with IBM
By RBR Staff Writer
British online retailer Shop Direct has partnered with IBM to accelerate its digital transformation by adopting a hybrid cloud model for enhanced flexibility.
News