GameStop discloses 10% eBay stake as it pushes for a deal
That’s roughly double the amount GameStop owned in May, when the company made its initial $56 billion offer to acquire the marketplace.
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services — updated automatically and linked to the original publishers.
Reformation targets $1B valuation with IPO
The DTC brand's offering includes 14 million shares of its common stock with an expected price between $15 and $17.
IWS acquires Tetrasolv
Acquisition expands IWS’s capabilities in advanced filtration and water treatment technologies in dairy, food and beverage markets.
Instacart acquires shelf-scanning technology startup
The purchase of Arpalus gives it a system that allows workers to record product levels on store shelves using a smartphone app.
Suntory Beverage & Food GB&I Invests in UK Blackcurrant Facility
Suntory Beverage & Food GB&I (SBF GB&I) has unveiled a £14.5 million (€16.9 million) investment in a blackcurrant processing hub in...
Nestlé to build pet-food plant in Italy
Purina owner Nestlé is eyeing rising demand for “super-premium wet pet food” and building a new factory in Italy. The post Nestlé to build pet-food plant in Italy appeared first…
Britain’s returns crisis costs businesses millions as industry leaders unite to find new revenue from returned goods
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Asda strengthens support for West Country producers with major range expansion
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Apogee to buy Luca Mariano Distillery for $19.5m
The owner of Noble Oak Bourbon has won a bid to buy a bankrupt Kentucky distillery and signed a deal to acquire a Californian whiskey maker The post Apogee to buy Luca Mariano…
French watchdog conditionally clears Euralis, Maïsadour merger
France’s competition authority has conditionally approved the planned merger of the agricultural cooperative groups Euralis and Maïsadour. The post French watchdog conditionally…
Supermarket Income REIT Raises £100m To Fund Acquisition Of Grocery Assets
Supermarket Income REIT has raised £100m in equity issue to fund the acquisition of a pipeline of nine UK grocery assets worth £216m.
Healthy snack manufacturer Wholebake makes £3m investment
Food manufacturer Wholebake has announced a £3m investment in the business to meet the growing demand for healthy snacks. Consumers are shifting their focus from traditional…