Chinese e-commerce firm JD.com has agreed a deal with Unilever to move products like Lipton's tea and Lux soap between warehouses across China as the consumer goods firm looks to expand sales in China.
House of Fraser is to get a new owner after calling in administrators Friday. A fast deal to buy a slimmed-down version of the chain had been on the cards with news Friday that retail tycoon Mike Ashley is now in charge.
German-owned discount supermarket Aldi Inc is rolling out scores of new products in the United States, in an aggressive push to expand in the country even as rivals are struggling in a drawn-out price war.
India’s antitrust regulator on Wednesday approved U.S. retail giant Walmart Inc’s $16 billion acquisition of Indian ecommerce firm Flipkart, beefing up the competition for rival Amazon.com Inc in the fast growing market.
Alibaba Group plans to merge its food delivery units and raise funds for the combined business, intensifying a battle with Tencent-backed Meituan Dianping for dominance of China's booming on-demand services market.
England's run to the semi-finals of the soccer World Cup and a scorching summer encouraged shoppers in Britain to shop more in July, but overall spending rose only slowly, according to a survey of retailers.