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Retail Business Review

Accenture to buy Kurt Salmon to help retailers navigate digital disruption Accenture has agreed to acquire Kurt Salmon, a strategy consulting company focused on the retail industry. News
Firms Flock to FixedFlex to Get the Best Energy Deal Since its launch a month ago, Utilitywise’s FixedFlex contract has taken off, with 700 businesses signing up for it so far.
General Retailers > Hypermarkets & Supermarkets > News Baceline Investments sells Indianapolis-based retail center for $7.9m Baceline Investments has sold Raceway Commons, a 33,000-square-foot retail center in Indianapolis for $7.9m.
News Sainsbury’s opens online fulfilment center in London Sainsbury’s has opened a purpose-built center to fulfil demand for online grocery orders in London.
General Retailers > Hypermarkets & Supermarkets > News
Accenture to buy Kurt Salmon to help retailers navigate digital disruption By RBR Staff Writer
Accenture has agreed to acquire Kurt Salmon, a strategy consulting company focused on the retail industry.
News Toshiba introduces optimized retail store solutions Toshiba Global Commerce Solutions has expanded its TCxWave point of sale (POS) systems which incorporate the sixth generation Intel Core processors, including the i5-6300U processor with Intel vPro technology.
News Online pre-owned car retailer Vroom secures $50m funding Online pre-owned car retailer Vroom secured $50m in Series E funding round with new investors Altimeter Capital and Foxhaven Asset Management, joining previous investors L Catterton, General Catalyst Partners, Allen & Company, and funds and accounts advised by T. Rowe Price Associates.
News

Latest News and Insight by Sector

Discount Retailers

Abraaj Group divests Koba International stake to Capital Group Private Markets
The Abraaj Group has sold its investment in Koba International Group to Capital Group Private Markets for an undisclosed amount.
Discount Retailers > Discount, Variety & General Merchandisers > News
Dollar General announces construction of five new stores in North Dakota
American variety store company Dollar General has announced construction of five new stores in southeastern North Dakota.
Discount Retailers > Discount, Variety & General Merchandisers > News

General Retailers

Firms Flock to FixedFlex to Get the Best Energy Deal
Since its launch a month ago, Utilitywise’s FixedFlex contract has taken off, with 700 businesses signing up for it so far.
General Retailers > Hypermarkets & Supermarkets > News
Sainsbury’s opens online fulfilment center in London
Sainsbury’s has opened a purpose-built center to fulfil demand for online grocery orders in London.
General Retailers > Hypermarkets & Supermarkets > News

Specialist Retailers

IKEA secures contractors for second Dallas-area store
Home furnishings retailer IKEA has selected contractors for building its second store in Dallas-Fort Worth-area store located at Grand Prairie, Texas.
Specialist Retailers > Home Furniture & Houseware Retailers > News
Steinhoff International closes acquisition of Mattress Firm
Steinhoff International has completed its previously announced acquisition of Mattress Firm Holding Corp.
Specialist Retailers > Home Furniture & Houseware 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