Food service, Retail, E-commerce
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Pick n Pay reports 11.5% interim revenue growth boosted by its restructuring plan
SOUTH AFRICA – South African retailer Pick n Pay has delivered a positive performance in its first half year ended August 2022, registering 11.5% growth…
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Retail Reliance partners traditional sweet makers to upgrade competitive strength and shelf life of mithai
INDIA – Reliance Retail, the retail arm of Indian multinational conglomerate, Reliance Industries (RIL), has plans to elevate more than 50 traditional, regional sweets (mithai)…
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Lulu Group plans to construct US$361.43m mall in Ahmedabad
INDIA – UAE-based Lulu Group International is set to invest Rs 3,000 crore (US$361.43m) in setting up India’s biggest shopping mall at Ahmedabad, marking an…
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Kroger dedicates US$24.6bn to acquire Albertsons to form second largest supermarket chain
US – American retail company, Kroger, plans to cash out US$24.6 billion for the acquisition of the second-largest supermarket chain in North America, Albertsons. This…
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Egyptian tech start-up Roboost closes seed funding round to automate deliveries
EGYPT – Egypt’s leading delivery management solution provider, Roboost – previously known as Tayar, has secured a six-figure seed round to boost its core technology…