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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
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 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
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 Allianz Real Estate provides EUR73m loan to Swedish shopping center Allianz Real Estate closed a debt transaction in Sweden by offering a SEK 690m (EUR 73m) loan for the refinancing of the Karlstad located Bergvik shopping center.
General Retailers > Hypermarkets & Supermarkets > News BT opens new digital store experience in UK BT has opened a new digital store experience branded as Alexander Black in the UK to illustrate how retailers can transform their physical stores in meeting the digital consumers requirements.
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

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
Allianz Real Estate provides EUR73m loan to Swedish shopping center
Allianz Real Estate closed a debt transaction in Sweden by offering a SEK 690m (EUR 73m) loan for the refinancing of the Karlstad located Bergvik shopping center.
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