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StockNews.com initiated coverage on shares of NetSol Technologies (NASDAQ:NTWK – Get Rating) in a report issued on Saturday. The firm set a “buy” rating on the software maker’s stock. NTWK stock opened at $3.95 on Friday. NetSol Technologies has a 1 year low of $3.61 and a 1 year high of $6.12. The stock has […]
The Giant Company plans to add 4 more locations in Philadelphia Amazon issues $1bln sustainability bond Amazon is backing up its environmental initiatives with a new $1bln bond focused on funding projects in 5 key sustainability areas. The e-tail giant will use proceeds from the bond to build on investments it has made over the years in renewable energy, clean transportation, sustainable buildings, affordable housing, and socioeconomic advancement & empowerment. The bond will enable investors to join Amazon in its social and environmental efforts. US: More Philadelphia stores on the way from ...
Ahold Delhaize has reported better than expected Q1 sales Sweden: ICA sees sales decline of 1.7% in April Swedish retailer ICA Gruppen has reported a sales decline of 1.7% in April 2021 compared with the corresponding month last year. Sales in like-for-like stores decreased by 2.0% year-on-year, the retailer added. In April 2021, total sales in ICA stores amounted to SEK10.8bln (€1.07bln), excluding VAT. Sales in all formats, including Maxi ICA Stormarknad, ICA Kvantum, ICA Supermarket and ICA Nära declined in comparison with 2020's figures. Fresh takes centre stage in SPAR Belgium partner...
GrubMarket has completed the acquisition of RJ Produce US: Fridge No More closes $15.4mln Series A Fridge No More, an instant grocery delivery service in the U.S., announces the closing of a $15.4mln Series A funding round. This will both enable the "cloud grocer" to expand operations across New York City and the East Coast, and to establish its leadership position in the instant delivery market. Fridge No More plans to grow their engineering and operations teams while rapidly scaling their network of cloud stores. US: GrubMarket acquires RJ Produce to further expand in Texas GrubMarket annou...
Picnic has teamed up with Belgian hypermarket chain Cora to conquer France Italy: SPAR expands its retail footprint in Sardinia Fratelli Ibba Group, a well-established retail organisation, has joined SPAR in Italy, growing the brand’s presence in the Italian region of Sardinia. Fratelli Ibba has acquired all the shares of Supermercati Gieffe and thereby also a stake in SCS, which holds the license for the SPAR Brand in Sardinia. “We are delighted that the Fratelli Ibba group have joined SPAR. They are well-established retailers in Sardinia who have distinguished themselves thanks to their...