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Top retaildetail.eu News

Amazon · United StatesAmazon said Tuesday it plans to sunset its Fresh and Go brick-and-mortar chains, marking a major pivot in the company’s grocery strategy. “After a careful evaluation of the business and how we can best serve customers, we’ve made the difficult decision to close our Amazon Go and Amazon Fresh physical stores, converting various locations into Whole Foods Market stores,” the company wrote in a blog post.See the Story
Amazon converting Fresh supermarkets, Go stores to Whole Foods locations
65% Center coverage: 130 sources

China Economy · ChinaChina's Anta Sports Products said on Tuesday it would buy a 29.06% stake in Puma from the Pinault family for 1.5 billion euros ($1.8 billion), making it the biggest shareholder in the German sportswear maker.See the Story
China's Anta Sports snares 29% Puma stake for $1.8 billion, rules out full takeover
42% Center coverage: 50 sources
