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Tag: activity

China’s retail industry sees a drop of 8.8 pc in deal activity in Q4 2019

China’s retail industry saw a drop of 8.8 pc in overall deal activity during Q4 2019, when compared with the last four-quarter average, according to GlobalData’s deals database. A total of 31 deals worth US$ 3.21bn were announced in Q4 2019, compared to the last four-quarter average of 34 deals. Venture financing was the leading …

China’s retail industry sees a drop of 8.8 pc in deal activity in Q4 2019Read More

East India emerges as epicenter of modern retail activity

While India’s long term growth outlook remains intact, there is no denying the ongoing volatility in the market at this time. Across the industry sectors, 2019 has been a year of uncertainty and vulnerability due to the rise of technology, new formats and changing customer preferences and buying patterns. However, the proactive approach of the …

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PwC: Downturn in retail M&A activity in 2019

Get great content like this right in your inbox. Subscribe Mergers and acquisitions in the retail sector declined in value and volume in 2019 — despite a last minute boost from a mega-deal. According to a new report from PwC, deal volume declined by 19% in 2019 over the last year, with a total of …

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Pier 1 Q2 loss doubles amid heavy clearance activity; sees ‘gradual recovery’

Pier 1 Imports posted another big quarterly loss as the retailer aggressively cleared out goods in anticipation of its merchandising and marketing reset, key elements of its turnaround strategy.  The struggling home décor chain reported a net loss of $100.6 million, or $24.29 per share, in the quarter ended August 31, which includes transformation costs …

Pier 1 Q2 loss doubles amid heavy clearance activity; sees ‘gradual recovery’Read More