Germany

Asda acquires EG Group’s UK business for £2bn

Asda has completed its acquisition of EG Group’s UK business in a deal valued at £2bn.  The move has seen…

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Frasers mulls rescue of Wiggle after collapse

Frasers is mulling over rescuing online bike retailer Wiggle after it collapsed into administration earlier last week, Sky News has…

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Frasers Group acquires Germany retailer SportScheck

Frasers Group has announced that it has entered into a binding agreement with Signa Retail Department Store Holding GmbH to…

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How much is the ‘tourist tax’ harming retailers

The Centre for Economics and Business Research has calculated that the “tourist tax” is costing the UK £10.7bn in lost…

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Mamas and Papas expands in South East Asia

Mamas and Papas, the high street nursery brand, has announced a series of new partnerships with retailers in South East…

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UK households will have £3bn less to spend this Christmas, report finds

UK households are expected to have £3bn less to spend this Christmas compared with last year, according to new research…

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Discount Dragon acquires Motatos UK

Online discount supermarket Motatos has been acquired by the parent company of Discount Dragon for an undisclosed sum.  The news…

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Getir to cut roles amid global restructuring

Getir, the ultrafast grocery delivery company, has announced a global restructuring to significantly increase “operational efficiency”, with plans to reduce…

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Is sustainability the new black?

Recently, a German supermarket raised the prices of a selection of its products to reflect their real cost on people’s…

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Skechers reports record revenues in Q2

Footwear retailer Skechers has reported record quarterly sales of $2.01bn (£1.56bn), a YOY increase of 7.7%. For the 12 weeks…

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