Latest Posts Under: Retail Industry News

Online apparel retailer Vinted raises €128m from Lightspeed Venture and others

US venture capital firm Lightspeed Venture Partners has led a EUR128 million Series E funding round for Vinted, a Lithuanian second hand apparel online marketplace. The funding was also backed by previous investors including Sprints Capital, Insight Venture Partners, Accel Partners, and Burda Principal Investments. Through its app, the second hand apparel online marketplace lets […]

Myntra launches luxury fashion store Pernia’s POP-UP SHOP

Myntra, an Indian fashion e-commerce company, has launched ‘Pernia’s POP-UP SHOP’, a luxury fashion store for men and women. The new luxury fashion store is said to offer exclusive designer merchandise from some of the big names in the fashion industry. With the association, Myntra will now has a variety of designer wear to offer […]

New convenience store Platte Street Mercantile opens doors in Denver

Platte Street Mercantile, a new grab-and-go convenience store has opened its doors in  Denver, Colorado, located at 1620 Platte Street near the Highlands pedestrian bridge intersection. The self-serve, grab-and-go convenience store offers packaged meals, snacks and beverages alongside limited grocery items to the businesses and residents of the Platte Street Neighborhood. Janine Williams, a co-owner […]

Steinhoff to sell UK furniture retailing business to Alteri Investors

European retail sector investor Alteri Investors has agreed to acquire Blue Group, the UK furniture retailing business of South African retail company Steinhoff International, as per the latest retail acquisition news. Blue Group is the owner of Bensons for Beds, Harveys Furniture and upholstery and bedding manufacturers Relyon, Steinhoff UK Beds and Formation Furniture. Louis […]

ACProducts to acquire US cabinet manufacturer Masco Cabinetry for $1bn

ACProducts (acpi) has agreed to acquire Masco Cabinetry from Masco Corporation, a Michigan-based manufacturer of branded home improvement and building products, for $1.0 billion. Headquartered in Ann Arbor, Masco Cabinetry is engaged in the manufacturing and sales of semi-custom, stock and value-priced assembled cabinetry for storage, kitchen, bath, home office and home entertainment applications in […]

US grocery chain Kroger announces new logo and tagline

The Kroger Co, a US retail giant, has unveiled its new logo and brand transformation campaign, reflecting the company’s strong, food-rich heritage. The redesigned Kroger logo retains the shape and movement of the iconic “K” and “G”, and carries ‘Fresh for Everyone’ brand message. Mandy Rassi – vice president of marketing, Kroger said: “Fresh and […]

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