“You are either a consolidator or you get consolidated,” said Ray Griffith, Follett’s president and chief executive. “Follett and the board of directors, which are members of the family that has …
Construction at the supermarket’s Jandakot Airport Distribution Centre is also complete and will begin receiving stock from next month. “This is an exciting time for the Aldi business and for …
McDonald’s Corp is targeting private equity firms, including Bain Capital, MBK Partners, TPG Capital Management and Chinese state-backed conglomerate China Resources (Holdings) for its planned sale of 2,800 restaurants in …
Maritz Motivation Solutions surveyed more than 2,000 consumers regarding their feelings about brand loyalty and engagement. The data showed that there are at least five myths when it comes to …
Luxury, in essence, is about exclusivity, and having access to something that is truly unique. Nowadays, with fast fashion and designer knock-offs being so prevalent in the market, this ideology …
The ascent of other fast-fashion retailers like Zara, Primark and Forever 21 has led H&M to ramp up its e-commerce efforts. But even that came rather late. H&M only launched its …
The upgrade will increase Fossil’s electronic payment acceptance options at the point-of-purchase and will also comply with security best practices. Fossil Group, Inc. is a global design, marketing and distribution …
Staples Inc. has found a new use for some of its roomy office-supply stores: make parts of them into offices. The retailer is joining other chains including Sears Holdings Corp.and Macy’s Inc. that have carved off sections …
Europe’s fourth-biggest retailer by sales after the likes of Carrefour and Tesco has already spent several years restructuring and selling non-core businesses such as its Kaufhof department stores, to focus …
Making good on rampant reports that its acquisition appetite has not yet been satiated following its recent purchases of Harris Teeter and Roundy’s, The Kroger Co. has forged a “strategic …