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News

  • Mercadona seeks to bolster tech expertise

    Supermarket chain Mercadona has started a talent acquisition process to incorporate more than 200 people to its IT department located in Paterna, Valencia

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  • Dollar General unveils private label makeup line

    US retailer Dollar General has unveiled its latest venture into cosmetics with its new private label make-up range, Believe Beauty. The range is made up of 150 make-up products including foundation and items for lips and eyes and is targeted at the mass market consumer with the whole range being under USD5

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  • Metro (CAN) sales increase 27.7% in Q2 2019

    Metro (CAN) has announced results for Q2 2019. Sales reached USD3,701.6 million during the quarter, up 27.7% compared to USD2,899.0 million inQ2 2018. Excluding USD686.4 million in sales for Q2 2019 resulting from the Jean Coutu Group, sales were up 4.0%

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  • Smart & Final acquired in USD1.1 billion deal

    Smart & Final has agreed to be acquired by Apollo Global Management for USD1.1 billion. The deal, which has been approved by current owner Ares Management, is expected to close in the third quarter. The acquisition amounts to a buyback for Apollo, which sold Smart & Final to Ares in 2012 for USD975 million

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  • Alibaba Tmall launches new gateway for product debuts

    Alibaba Group’s B2C e-commerce marketplace Tmall has launched a new dedicated gateway for consumers to find new products on its sister Mobile Taobao app

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