Category : Search result: retail acquisition


Meta Acquires Singapore AI Startup Manus

Meta acquires Singapore-based AI startup Manus to boost its AI capabilities. Learn about the deal's details, Manus's technology, and what it means for the future of AI.

GMADA gets 716 acres for Eco City 3 from 9 villages

The Greater Mohali Area Development Authority has successfully acquired 716 acres of land from nine villages for its ambitious Eco City 3 project, paving the way for a new integrated township.

Swiggy Instamart Launches First Offline Store in Gurgaon

Swiggy Instamart quietly opens its first physical retail store in Gurgaon's Sector 65. The outlet offers app-like discounts and serves as a supply hub for local restaurants. Discover the new hybrid retail model.

Saks Considers Bankruptcy Ahead of $100M Payment

Saks Global Enterprises is exploring Chapter 11 bankruptcy as a last resort before a crucial $100 million debt payment due Dec 30. The luxury retailer's turnaround plan has faltered. Read more.

Nexus Select Eyes 3 Malls in East India for Expansion

Nexus Select Trust, backed by Blackstone, is in advanced talks to acquire three malls in Kolkata, Siliguri, and Patna. The deals could add 1.1 million sq ft GLA and cost around ₹2,200 crore. Read the full story.

Ikea Plans 4-5 New Indian Stores Annually

Swedish furniture giant Ikea announces aggressive India expansion with 4-5 new stores yearly. CEO Patrik Antoni reveals strategies behind growth in competitive home furnishing market.

US Retail Sales Growth Slows to 0.2% in September

US retail sales grew slower than expected in September at 0.2% as consumers faced persistent high prices. Producer prices rose 0.3%, driven by energy and food costs. Read the full analysis.

Tier II & III Cities Drive India's Retail Growth

India's retail landscape is shifting as Tier II and III cities account for 60% of new store openings. Discover how smaller cities are transforming retail growth patterns across the nation.

Target cuts 2025 profit forecast, shares fall

Target Corporation reduces 2025 earnings forecast amid restructuring and soft demand. Retailer plans $5 billion capital spending boost while shares decline 2% in early trading.

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