Developers of virtual furniture “fitting” received $26 million A company that specializes in creating custom-made furniture has raised an impressive amount of investment in additional funding.
Burger King will offer burgers for the winners of the computer game By playing the basketball simulation game 2K21 on their PlayStation, "couch" sports fans get not points but burgers.
Canada’s first urban IKEA store will open in Toronto Ingka Centres has announced the purchase of a small mall located in Toronto's heart, Canada's largest city.
Gap sells off its flagship children’s brand Janie and Jack to a new owner Investment company Go Global Retail announced the acquisition of a premium children's fashion brand.
Auchan displaced from the Top 10 Global Retailers 2021 This year a new player appeared in the ranking of Top 50 Global Retailers in the name of Chinese e-commerce giant JD.com.
Walmart opens a shopping platform for non-American sellers To catch up with Amazon, its main competitor in online commerce, the retailer is relaxing terms for sellers.
H&M and Nike face a boycott of their products in China The Swedish retailer has come under pressure from Chinese consumers over a statement it made last year.
Adidas plans to squeeze North Face in the outdoor sportswear market The growing popularity of hiking and skiing has forced the German sportswear and footwear giant to focus on this area.
Tokyo’s malls and restaurants will welcome the Olympics without tourists Hoteliers, restaurateurs, and retailers are preparing to calculate losses due to the lack of foreign tourists.
France accuses IKEA of spying on employees and customers The company is suspected of obtaining illegal access to confidential data on criminal records and financial transactions.
Neiman Marcus department stores will get a billion dollars for reorganization The new owners of the chain were able to stabilize its financial situation, but the company still has to pay creditors about $114 million annually.
The Yeezy brand made Kanye West the wealthiest African-American in history In many ways, the infamous rapper managed to gain a billion-dollar fortune thanks to the Yeezy brand he owns.