Saturday, May 26, 2012

Google Alert - retail news

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A Taste of Prohibition as Liquor Stores Go Private
New York Times
A change in the state's 78-year-old sales system for liquor, from state-controlled stores to private retailers — approved by voters last fall and now in the home stretch of a chaotic, deadline-driven start on Friday, the first day of June — is ...
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New York Times
Macy's Buys Stake in Chinese E-Retailer
Wall Street Journal
By KAREN TALLEY Macy's Inc.'s is making its first investment abroad on behalf of its namesake stores by acquiring a stake in a Chinese online retailer that will sell Macy's merchandise on its website. The department store invested $15 million in China ...
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