PWC

Retail Industry Contributes $5.3trn To GDP Of The United States

The retail industry is the largest private-sector employer in the U.S., contributing $5.3 trillion (€4.91 trillion) to the country's annual GDP.

Carrefour Eyes Acquisition Of Uvesco In Spain

Carrefour is exploring the acquisition of Spanish food distributor Uvesco Group from PAI Partners, according to media reports.

UK Retail Sales Rebound In May But Shoppers Still Cautious

British retail sales jumped sharply last month after heavy rain kept shoppers away in April, official figures showed, in a minor boost for Prime Minister R...

Lidl Spain To Source 34,000 Tonnes Of Local Apples, Pears This Year

Lidl Spain plans to source 34,000 tonnes of Spanish apples and pears this year, representing growth of 35% in four years.

All Of UK Retailer Wilko's Stores To Shut, Risking 12,500 Jobs

Wilko will disappear from British high streets next month, as its entire chain of 400 homeware stores close, with the likely loss of all 12,500 j...

Pepco Group, B&M To Take Over Some Wilko Stores

Pepco Group, which operates discount retail chain Poundland, and B&M European Retail are set to take over a selection of former Wilko outlets, while ot...

U.S. Regulators To Vet Alibaba, JD.com, Other Chinese Firms' Audits: Sources

U.S. regulators have selected e-commerce majors Alibaba Group Holding Ltd and JD.com Inc among other U.S.-listed Chinese companies for audit inspection sta...

Food and Beverage M&A Deals Rose By More Than A Third In 2020

Despite the COVID crisis, the global food and beverage sector saw a 36.3% increase in the number of M&A deals in 2020, to a total value of $110 bil...