International News

International News

CROATIA: Agrokor To Shut Down Dozens Of Konzum Stores

The Agrokor conglomerate is set to shut down dozens of stores under the Konzum banner in Croatia, due largely to the group’s financial woes.  According...

DENMARK: Dansk Offers More Details Of Netto Expansion

Dansk Supermarked has said it plans to introduce more Netto-branded stores across Denmark in the next few months, as it continues to expand the...

NORWAY: Mars Scraps Orkla Wrigley Distribution Deal

Mars Inc has announced that it has ended the distribution deal it has with Orkla in Norway, under which the latter’s local subsidiary distributed...

CANADA: Sears Canada Declares Bankruptcy, To Shut Some Stores

Sears Canada has filed for bankruptcy, less than two weeks after admitting that its liquidity status had raised “material uncertainties” as to its continued...

HONG KONG: Dairy Farm Names Ian McLeod As New CEO

Dairy Farm International has announced the appointment of Ian McLeod as its new CEO, effective 18 September 2017. McLeod, who earlier this week announced his...

INDIA: Future Group Unveils Aggressive Plans For ‘Nilgiris’ Banner

The Future Group has announced plans to rapidly expand and revamp the Nilgiris supermarket banner, which it acquired in 2014.  The banner operates around 170...

CHINA: JD.com Ties Up With Farfetch For Luxury Brands

JD.com has teamed up with Farfetch, the leading global e-commerce platform for the fashion industry, to create a platform for luxury e-commerce across China. The...

FRANCE: Auchan Uses Reflex TMS To Optimise Transport Operations

Auchan Retail France has deployed the latest version of the Reflex TMS solution by Hardis Group, enabling it to drive the execution of its...

AUSTRALIA: David Jones’ Future Lies In Food And Fashion

When South African retailer Woolworths outlaid A$2.1bn almost three years ago to buy venerable department store chain David Jones, food was not a key...

US: Walmart Warns Partners Away From Amazon Web Services

Walmart has confirmed reports that it is asking its technology developer partners to refrain from using Amazon Web Services, in the latest escalation of...