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With vacancy rates somewhat stable across the state, retail, residential, and other commercial functions are blending together, driven by consumer demand for convenience and offerings beyond traditional shopping. While malls and big box stores face pressure from e-commerce growth, there is demand for experience-driven spaces.
California enacted AB 853, which requires merging parties in retail grocery and pharmacy-related transactions (presumably with a nexus to California) that meet certain thresholds to notify the California attorney general and observe a 180-day waiting period prior to closing. By: Morgan Lewis
Santander creates two new global businesses for retail, consumer areas By Jesús Aguado MADRID (Reuters) -Spain’s Santander is consolidating its retail, commercial and consumer activities across all markets under two new global businesses to help it improve performance and add customers, it said on Monday.
Online interior design startup Havenly is acquiring artisan home décor startup The Citizenry, the company announced today. The financial terms of the deal were not disclosed. Havenly says the acquisition is part of its efforts to build a collection of home brands that appeal to shoppers.
British retailer John Lewis says turnaround delayed by two years By James Davey LONDON (Reuters) -John Lewis Partnership’s turnaround will take two years longer than planned and cost more money, the British retailer warned on Thursday, as stubborn inflation and rising interest rates batter shoppers and store groups alike.
UK mobile operator EE eyes growth with new retail platform LONDON (Reuters) – EE, Britain’s biggest mobile operator, on Wednesday announced the launch of a sales platform called EE ID that will offer gaming consoles and other electronics to its customers and others.
Shrink in retail, and more specifically, theft & fraud components, have long been accepted as a cost of doing business. In the last few years, we have seen both consumer and associate theft & fraud… Read more on Cisco Blogs
In the rapidly evolving retail sector, businesses are continually seeking innovative ways to gain a competitive edge, increase efficiency, and enhance the customer experience. One technology that’s… Read more on Cisco Blogs
Drugstore closures could be a growth opportunity for several traditional retailers looking to gain market share in the health-care sector, according to UBS.
The stock market is in the early stages of a period of rising retail investor activity, and that could bode well for Robinhood, according to Bank of America.
We dug deep into the offline retail process, understanding the challenges faced by store operators and sales staff. Introducing Razorpay DigiPOS—a game-changing app that promises to revolutionize not just the Offline Payments Experience, but the entire Retail journey. At Razorpay, we saw this gap and decided to act.
Citi named several buy-rated retailers, ranging from e-commerce players to discount store companies, that stand to gain despite current macroeconomic headwinds.
Red Sea shipping workarounds add costs, delays for suppliers, retailers By Lisa Baertlein LOS ANGELES (Reuters) -Toymaker Basic Fun’s team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and other retailers is racing to reroute cargo away from the Suez Canal following militant attacks on vessels in the Red Sea.
Cisco is helping retailers transform their operations across various fronts, from enhancing customer experience to optimizing supply chains, improving operational efficiency, securing assets, and enabling informed decision-making.
It is no secret that the retail market has faced significant challenges over recent years. With the rise in e-commerce came a prediction of the decline of the brick and mortar retail store. This prediction was reinforced with major retail brands, such as Barneys, Lord & Taylor, and Century 21 facing bankruptcy.
UK retailers see weak sales growth in November despite Black Friday deals By Suban Abdulla LONDON (Reuters) -British retail sales growth remained sluggish in November despite Black Friday deals, as the ongoing cost-of-living squeeze prompted shoppers to rein in spending on non-essential items, the British Retail Consortium said on Tuesday.
For Rite Aid’s 1,900 remaining retail stores, the company will receive bids for the physical store assets through January 19. The post Rite Aid’s retail store auction rescheduled for January 24 appeared first on PE Hub.
The post Audax invests in tire retailer Dobbs appeared first on PE Hub. Capstone Partners acted as financial advisor to Dobbs on the transaction, while Stifel acted as financial advisor to Audax.
Join us as we dive deeper into Cisco and Cisco partner technology deployed at the Cisco Store! We asked Angela Huang (Product Manager, Meraki MT Sensors) to discuss how the sensors are used in the… Read more on Cisco Blogs
Federal Trade Commission sought to block mattress manufacturer (the “Manufacturer”) contemplated $4 billion acquisition of a mattress retailer (“Retailer”) by filing both an administrative complaint and a complaint in the U.S. After a 5-0 vote, on July 2, 2024, the U.S.
JD.com weighing up offer after UK electrical retailer rejects £700m bid from US private equity group Elliott Currys rejects takeover bid from Elliott A Chinese e-commerce company has said it is considering making an offer for Currys, sending the electronics retailer’s shares soaring amid hopes of a bidding war with private equity investor Elliott.
Growing at a steady pace, UPI transactions are likely to reach 1 billion per day by 2026-27, accounting for 90 per cent of the retail digital payments in the country, said a PwC India report. UPI is projected to account for 90 per cent of the total transaction volume in retail digital payments over the next five years, the report said.
The post BW Forsyth Partners invests in retail insurance brokerage firm WalkerHughes appeared first on PE Hub. WalkerHughes CEO Ben Schoettmer will continue in his role.
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