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Albertsons Scores a Win as Judge Denies Injunction to Stop Shareholder Payout

Retail TouchPoints

A Washington State court has ruled in favor of Albertsons , denying a request by the state’s Attorney General Bob Ferguson for a preliminary injunction against the grocery retailer’s $4 billion ( $6.85 per common share) special dividend payout to its shareholders. Ferguson is expected to appeal the Dec. According to the ruling, in an Oct.

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India’s Reliance to buy dozens of brands in $6.5bn consumer goods play

Inside Retail

India’s biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods business to challenge foreign giants like Unilever, two sources familiar with the plan told Reuters. billion) of annual sales from the business within five years.

Consumer 147
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Why so many global brands fail in Australia

Inside Retail

They arrived with great fanfare but many international retail brands have found the Australian retail market has been a graveyard. Like many local retailers, the foreign entrants have not understood the multicultural market dynamic and lifestyle differences from their home markets, let alone the structure of the retail industry.

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Locals rebuff invaders: Inside Vietnam’s convenience stores war

Inside Retail

billion in 2018-19 – gained a foothold in the sector by snapping up rival retail groups including 23 Fivimart supermarkets, 87 Shop&Go convenience stores and the smaller Queenland convenience-store chain, rationalising and rebranding the network under the VinMart banner. billion.

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How to Get Discovered by U.K. Retailers: Understanding British Consumers

Rangeme

retail market as it may differ from the markets your brand currently has a presence in. Whether the British market is familiar territory or completely new, here’s a deep dive into understanding the U.K.’s s marketplace, retailers, and how your brand can understand a new set of consumers. Understanding the U.K.

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How Amazon’s retail battle with Reliance turned into a legal quagmire

Inside Retail

Here’s what the dispute, seen as key to deciding who gets an upper hand in one of the world’s fastest-growing retail markets, is all about. Future Retail – the group’s flagship retail arm – says it faces liquidation and its more than 27,000 employees can become jobless if the Reliance deal fails.

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Revealed: Raffles’ strategy to lure back in luxury customers

Inside Retail

The Raffles team plans to complete the mall rejuvenation program by the end of the year, with the plan to execute more unique, experiential events and activities to engage shoppers. This program will cover around 111,000 sq ft of retail space across levels one to three. Attracting crowds.