B&M

B&M (also known as B&M Bargains and the larger B&M Homestore) is a UK variety retailer formed in 1978. It employs over 28,000 staff. It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index. Type:                     Société anonyme Traded as:           LSE: BME Industry:              Retail Founded:            14 March 1978;…

Australian Unity appoints Christine Yates as CEO –Retail

SYDNEY: Australian Unity announced that Ms Christine Yates will be appointed as the Chief Executive Officer – Retail with effect from 17 August 2020. Ms Yates began her career as a Chartered Accountant with Deloitte and KPMG before moving into institutional and investment banking, working for a range of global and domestic organisations, including Citigroup…

Qube confirms commitment from Woolworths to new distribution centres at Moorebank Logistics Park

PERTH: Qube Holdings Limited has exchanged two agreements for lease and two development management agreements with the Woolworths Group to develop new major warehousing across 26 hectares at Moorebank Logistics Park, the largest intermodal logistics precinct in Australia. Both leases, comprising a 40,700 sqm national distribution center (NDC) and a 34,600 sqm regional distribution center…

Fiji Kava launches functional ‘Noble Kava’ range with leading Australian retailer Coles

BRISBANE: Fiji Kava Ltd, an Australian-Fijian medicinal kava health and wellness company has launched a range of ‘noble kava’ functional capsules with leading Australian retailer Coles Supermarkets. The new noble kava functional capsules consisting of ‘Sleep’, ‘Calm’ and ‘Body’ capsule products are uniquely formulated to provide a safe and natural alternative to prescription medicines to…

Chemesis International announces exclusive partnership with ViaTouch Media for VICKI

VANCOUVER: Chemesis International Inc. announced its exclusive partnership with Via-Touch Media for its VICKI IoT (Internet of Things) self-checkout solution for retail. Chemesis has exclusive rights across North America for VICKI machines containing cannabis products, and will announce its initial roll-out plan in the coming weeks. VICKI allows Chemesis’ to enter the unattended retail channel,…

X5 becomes first Russian retailer to join UN Global Compact

MOSCOW: X5 Retail Group, a Russian food retailer, announced its accession to the UN Global Compact (UN GC), which is an international business initiative in the field of corporate social responsibility and sustainable development. By joining the UN GC, X5 confirms its commitment to the principles of human rights, fair labour relations, environmental protection and…

Frasers Property Australia and Sekisui House Australia sell retail assets

SYDNEY: Frasers Property Australia and Sekisui House Australia, the joint venture partners behind the award-winning A$2 billion Central Park in Sydney CBD, have sold and settled the three final retail assets in the mixed-use community to a consortium comprising Fortius Funds Management and SC Capital Partners Group on behalf of its RECAP V Fund, for…

Frasers Property announces planned leadership changes for Singapore

SINGAPORE: Frasers Property Limited announced that Christopher Tang, Frasers Property Singapore Chief Executive Officer (CEO), who will turn 60 next year, will retire as CEO on 31 December 2019. The Company also announced a key leadership appointment and evolution of its Singapore business organisation as part of its planned leadership changes to ensure a smooth…

X5 Retail Group opens logistics facility in Siberia

NOVOSIBIRSK: X5 Retail Group, a leading Russian food retailer, has expanded its logistics infrastructure in the Siberian Federal District with a Pyaterochka distribution centre (DC) in Novosibirsk. The 38,500 sq m Tolmachevo DC will be used by Pyaterochka stores in the Novosibirsk, Omsk, Tomsk and Kemerovo regions, Krasnoyarsk and Altai territories, and the republics of…