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Three is a trend - after news of Amazon and Ikea exploring and investing in the Indian market, Walmart is the next global player wishing to seize the market there. In the UK, a new competitor in the sector of online groceries, Amazon Fresh, will be adding to the challenging conditions the grocers' are facing.
MADE.com pushes European expansion The upmarket e-tailer aims to accelerate its growth strategy in its existing furniture markets across Western Europe with a newly raised US$ 60 million cash injection.
usa & canada
Retailers react on possible data breach In the wake of a suspected data breach at PNI Digital Media, several more retail chains, including Costco and Sam's Club, have temporarily taken down their online printing stores following CVS and Walmart Canada who had been taking a similar action the week before.
Gap enters partnerships The struggling apparel retailer is testing partnerships with online beauty subscription service Birchbox and Virgin Hotels Chicago.
developments to watch
Mexican afterlife for US brands Mexican investors who look past the mustiness and see profits grant ailing US store brands an afterlife in Mexico.
UK National Living Wage threatens jobs The new National Living Wage is putting 24,000 independent stores and 80,000 jobs potentially at risk, an analysis by the Association of Convenience Stores has claimed.
More drug tests at work Workplace drug testing is an industry on the rise in Australia as it accelerates its growth by about 20% annually, especially in white and ''grey'' collar situations.