Home Central Banking Retail & Commercial

Retail & Commercial

Increase in Food Prices Becomes the “Latest Global Pandemic”

Over the past few months, food prices have continued to rise steadily in what some analysts have termed the "latest global pandemic."

Tesco is Opening its First Checkout Store in London

Tesco has opening its first cashless shop in central London where customers can easily buy products...
energy

The World is Looking at a Potential Energy Crisis

Far from recovering from the COVID-19 shock, the world is approaching a new energy crisis that has not been seen since the...

Marks&Spencer road to digital transformation by True

Marks&Spencer, the famous British retailer, has invested £20 million in the technology industry. The investment comes after a 20-year break from its last...

Fascinating Insight into RadioShack Bankruptcy

Ken McKay was a RadioShack associate, assistant manager, and manager of several locations in the late 1990s to early 2000s. McKay offers...
ikea buyback program

Ikea Pilots a BuyBack and Resell Service in the US

IKEA US launched its BuyBack and Resell service. It is a part of the company's goal to become a circular business by...
US Retail sales figures

Retail Sales in the U.S dropped by 1.1% in July.

Retail sales in the United States dropped in July, disappointing economists' estimates as retailers struggled with supply chain problems.
amazon plans to open physical retail locations

Amazon plans to Open Physical Retail locations in the US

Amazon is planning to open physical stores similar to department stores. Some of these stores will be launched in Ohio and California....

Goldman Sachs Goes Dutch in $1.9 Billion Deal

Goldman Sachs Group Inc. agreed to buy the asset-management arm, NN Investment Partners (NNIP), of Dutch insurer, NN Group N.V. in a $1.9 billion deal.

Morrisons Becomes Part Of Financially Strong Fortress

Morrisons has conceded a buyout from a consortium led by Fortress Investment Group valuing Britian’s fourth largest supermarket chain at $8.7 (6.3 pounds) billion.

Recent Articles

KKR Buys Japan’s Largest Storage Tank Operator

New York-based investment firm Kohlberg Kravis Roberts (NYSE: KKR) has signed an agreement to buy Japan's Central Tank Terminal (CTT). KKR will buy the Japanese chemical...
Self-driving truck startup, Plus Enters a Business Combination with Hennessy Capital Investment Corp. V.

Supply Chain Woes Lead to Higher Post-Pandemic Costs

Supply chain woes lead to higher costs. Results from Procter & Gamble Co, Danone SA, and Ericsson show higher costs and supply chain disruptions. Therefore,...
Hanging clothes

Rent the Runway Struts into $1.7 Billion Valuation

Rent the Runway struts into a $1.7 billion valuation. This comes after its shares opened nearly 10% above their IPO price. Goldman Sachs...

EQT Ventures Backs Innovative Blockchain Startup Moralis

Blockchain application development platform Moralis raised $13.4 million in its latest seed funding round. Additionally, this seed funding round was primarily led...

Appian Cashes in on Brazilian Mining Assets After South African Buyout

Appian Capital Advisory LLP sold two of its Brazilian mining companies to South African-based Sibanye-Stillwater. The companies, Atlantic Nickel and Mineração Vale...

Most Popular

Jerome Powell Federal Reserve Interest Rates

Federal Reserve holds interest rates near zero, maintains a positive outlook for economic recovery

The Federal Reserve announced its plans to hold interest rates near zero until the economy recovers from the pandemic. The Fed also...

AusNet Attracts International Bid at AUD$9.6bn

Canadian giant, Brookfield, has submitted a $9.6 billion offer for AusNet Services. The deal comes at a time where the market is seeing overseas investors preying on infrastructure assets.

ARK Investment and Tesla Boost Bitcoin’s Momentum

Bitcoin traded above a pivotal technical level over the weekend for the first time since early May 2021, as ARK Investment and...
Foot Locker

Adidas Laces Up Reebok Era with $2.5 Billion Sale

Adidas is selling Reebok to Authentic Brands Group (ABG) for $2.5 billion. Adidas bought Reebok for $3.8 billion in 2006 to help compete...

Goldman Sachs Gives Junior Bankers Pay Hike After Staff Complaints

Goldman Sachs has finally followed its Wall Street counterparts by increasing the salaries of junior bankers. The pay hikes come after a...