Alibaba hit with $2.75bn fine by China’s SAMR for anti-monopoly violations
The regulator’s probe found that the e-commerce company misused its dominant position in the market for many years
Retail
SoftBank to acquire 40% stake in robotics firm AutoStore for $2.8bn
06 Apr 21The deal will help AutoStore in speeding up its global expansion, particularly in the Asia Pacific region
Robotics firm Berkshire Grey to merge with RAAC in $2.7bn deal
25 Feb 21The merger will enable Berkshire Grey to become a publicly listed company
Majid Al Futtaim selects IBM solution for food traceability across Carrefour stores
23 Feb 21The initiative will help Carrefour customers to gain immediate access to food supply chain data, from farm to…
Walmart buys Thunder technology to boost ad platform business
05 Feb 21Thunder’s technology to be integrated into Walmart’s display self-serve platform to help brands in automating ads
Uber to acquire alcohol-delivery service Drizly for $1.1bn
03 Feb 21Upon closing of the deal, Drizly’s marketplace will be integrated with the Uber Eats app
How 2020 became the year when supermarkets changed their packaging policies
03 Mar 20Co-op Food claims to be the first supermarket to introduce fully recyclable pizza packaging, while Lidl is sourcing…
How LEGO CEO Niels Christiansen is hoping to build a better future
25 Nov 19Lego CEO Niels B Christiansen outlines how the most popular toy brand in the world is moving towards…
UK shoppers expected to spend £4.3bn on Black Friday deals as ‘interest wanes’
21 Nov 19Despite dwindling interest and low consumer confidence, spending on Black Friday is expected to increase by 2.2% over…
How Ben & Jerry’s CEO Jostein Solheim balances social responsibility with sales
08 Nov 19Ben & Jerry’s CEO Jostein Solheim tells CEO Journal editor Stephen Hall about his unusual route to the…