Monday, July 30, 2012

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Nitish also says no FDI in multi-brand retail
Business Standard
Bihar Chief Minister Nitish Kumar today said it is not possible to accept FDI in multi-brand retail in the state "as it is converse to policy of growth with justice". "It is our considered view that as the domestic retailing is underdeveloped and is in ...
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UK retail insolvencies 'jump on wet weather'
BBC News
The number of retailers going out of business between April to June jumped sharply, due in part to the wet weather, according to accountants PricewaterhouseCoopers (PwC). Clinton Cards was among 426 retailers that fell into insolvency in the period, ...
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BBC News
InterGlobe to enter into retail business at Metro stations, highways
Economic Times
Its subsidiary Inter-Globe Retail has started opening shops at Delhi Metro stations with an investment of Rs 20-22 crore, and toll highways are next on the list. Carrying the US chain of stores under brand name 'Hudson News and Cafe' , these stores ...
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Retail sales in July weaker than expected, says CBI
The Guardian
Of the retailers questioned in the monthly distributive trades survey, 44% said business was up on July 2011; 33% said sales volumes were down. The balance of +11 percentage points was well down on the +42 points expected when retailers were polled a ...
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The Guardian
Sell Pantaloon Retail, says Sudarshan Sukhani
Moneycontrol.com
Sell Pantaloon Retail , says Sudarshan Sukhani of s2analytics.com. Sukhani told CNBC-TV18, "Pantaloon Retail is in a steady and certain decline. It has broken down from a distribution and a bearish head and shoulder pattern, which was in our sell earlier.
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Emaar, Dubai's real estate giant, says H1 profits surged 82 percent
Al-Arabiya
Monday, 30 July 2012. A major developer throughout Dubai's five-year real estate frenzy, Emaar, has succeeded in diversifying its business, focusing on hospitality and retail, while also spreading its real estate business activities abroad. (Reuters) ...
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Al-Arabiya
Moji Expands Retail Distribution Nationwide with REI and Eastern Mountain ...
MarketWatch (press release)
GLENVIEW, Ill., Jul 30, 2012 (BUSINESS WIRE) -- Moji, makers of popular massage and recovery products, today announced that two of the nation's largest outdoor retailers REI and Eastern Mountain Sports are carrying Moji products in its locations.
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Aussie Post to deliver fresh blow to traditional retailers
Cadtle Hills News
Tarazz boasts 250000 items, mainly from US retailers such as Walmart, Champs and Buy.com, with a target market of women fashion shoppers. The online shopping site expects to increase its offerings to as many as 3 million items within the next year, ...
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Croma, Tata Capital launches 'Tata Croma Card'
Moneycontrol.com
Tata Group firm Infiniti Retail that runs consumer durables and electronics chain of stores under 'Croma' brand today said it has collaborated with Tata Capital to launch Tata Croma credit card. Source: PTI ...
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Eurozone retail sales fall for ninth month running in July
FinFacts Ireland
The Eurozone retail downturn continued at the start of the third quarter, according to PMI (Purchasing Managers' Index) data from Markit. Sales fell on a month-on-month basis for the ninth successive month - - the joint-second longest sequence in the ...
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FinFacts Ireland
Retailers dominate food manufacturing, new edition of Store Wars reveals
Retail Times
Five of the top eight FMCG manufacturers in the world are retailers and their own labels account for 20% of the global market. That's one of the revelations in the second edition of Greg Thain's Store Wars book, which explores 'The Worldwide Battle For ...
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Ahmed Seddiqi & Sons to expand presence in Abu Dhabi
gulfnews.com
Abdul Hamid Seddiqi, vice-chairman of Ahmed Seddiqi & Sons, and chairman of Al Manara International Jewellery, told Gulf News that the first phase of the retail expansion is already under way. "We have opened three new shops in Abu Dhabi in mid-July, ...
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Catch Retail Therapy in Ilminster - before it heads to Edinburgh
This is The West Country
MAdD Theatre Company, in their last fling before heading up to Scotland, will be giving one public performance of their production of Retail Therapy at Sweet Surprise in Silver Street on Thursday, August 2, from 7.30pm. The musical has been edited down ...
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Retailer Opposition to Settlement Grows
Credit Union Times
The complicated settlement addressed both the rules under retailers accept cards as well as the fees paid for that acceptance. If approved, the settlement will see $8.25 billion eventually move from the card brands and major card issuers into the ...
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Average retail gasoline prices in Greensboro have risen 2.6 cents per gallon ...
WFMY News 2
(Greensboro, NC) -- Average retail gasoline prices in Greensboro have risen 2.6 cents per gallon in the past week, averaging $3.40/g yesterday. This compares with the national average that has increased 0.4 cents per gallon in the last week to $3.50/g, ...
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NAB Online Retail Sales Index Report Shows Impressive Growth of Online Sales
Virtual-Strategy Magazine
Leading web development company Spanky Media exposes how businesses can take advantage of the significant growth of online retail sales and why they should seriously consider the online platform for their business strategies. Perth, Western Australia ...
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IRELAND: Retail Sector Continues To Suffer As Sales Slump
Namnews
IBEC retail sector group Retail Ireland said the latest report reflects the difficulties retailers currently face. Director Stephen Lynam described the "devastation" felt in the sector and said consumers have been forced to stay out of the shops due to ...
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Retail Technology Forum for Africa favours BI
Bizcommunity.com
In today's competitive climate, retail is all about achieving the highest standards of customer experience and improving efficiencies - and delegates attending the forum will be looking for those breakthrough technologies that can help them achieve that.
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OUE plans to invest in 2 retail malls in CBD: report
Channel News Asia
SINGAPORE: Developer Overseas Union Enterprise (OUE) is set to invest in excess of S$140 million on two retail mall projects in the central business district. Among the plans, OUE will be developing a five-storey retail mall at the existing DBS ...
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Retail's 'frictionless future'
Inside Retailing
In 2005, Apple introduced a mobile POS payment system into each of their retail stores across the US, which allowed floor staff to operate as roving checkouts. (Fascinatingly, it was based on Windows technology, a decision that must have grated at the ...
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Executives From Manhattan Customers Belk, Casual Male and Clarks Named to ...
MarketWatch (press release)
ATLANTA, Jul 30, 2012 (GlobeNewswire via COMTEX) -- Key executives from Manhattan Associates (NASDAQ:MANH) customers Belk, Casual Male Retail Group and Clarks are winners of RIS News' annual CIO of the Year Awards, featured in the latest ...
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Retailers slash prices of Olympic souvenirs by up to 80%
Retail Week
Pricing intelligence company Profitero, which monitors competitor prices for millions of products across retail websites, said that retailers such as Argos, John Lewis, Sainsbury's and WH Smith have all reduced prices of Olympic products. Profitero ...
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Lane Crawford Announces Senior Management Appointments to Drive Omni ...
MarketWatch (press release)
Through continued expansion, the retailer expects to increase its total retail square footage by 35% in the next three years. "With more than 160 years of heritage we are committed to further growing our position as Asia's leading specialty department ...
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Retail trade turnover in Latvia increased by 8.4% in June yoy
The Baltic Course
Compared to June 2011, total retail trade turnover in June 2012 has risen by 8.4%, according to calendar adjusted data at constant prices.Rise in food commodity group comprises 5.9%,while retail trade in non-food products has increased by 9.7%, of ...
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The Baltic Course
Former La Senza director takes reins at JJB
Telegraph.co.uk
In January, Alshaya, the middle-eastern retail investor, stepped in and signed a pre-pack administration deal to rescue 60 of La Senza's 144 high street lingerie stores and 1100 jobs. Prior to joining La Senza in 2007, Ms Williams was the general ...
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Telegraph.co.uk
Gap's Athleta, 7-Eleven among retailers opening, expanding in metro Detroit, state
Crain's Detroit Business
National and regional retailers and restaurants are expanding in Michigan, taking advantage of good deals on real estate and rebounding demand, companies participating in a Michigan retail conference said last week. Gap Inc. is bringing its Athleta ...
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Snam CEO Malacarne says to consider issuing retail bond in 2013
Reuters
MILAN, July 30 (Reuters) - Italian gas transport group Snam will consider issuing a retail bond in early 2013, the company's CEO Carlo Malacarne said on Monday. Snam's Malacarne added the company will consider issuing bonds denominated in currencies ...
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Portuguese Retail Sales Continue To Fall
RTT News
Sales of food, beverages and tobacco decreased 2.8 percent annually, while sales of non-food items fell by 7.6 percent during the month. Retail sales of non-food products, excluding fuel, were lower by 6.8 percent compared to a year earlier, data showed.
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People power revives Derby electrical retailer Reliance Electrical
Derby Telegraph
A STRUGGLING independent electrical retailer in Derby has decided not to close down after being "inundated" with messages of support from the public. Last month, the Derby Telegraph revealed that bosses at Reliance Electrical, in Babington Lane, had ...
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Retail bankruptcies - What are the implications for investors?
MindfulMoney
Retail bankruptcies accelerated in the last quarter as wet weather and weak consumer confidence held back spending. There were also signs that the much-vaunted retail revolution may finally be happening - the majority of the failing businesses were ...
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US slow to embrace anti-fraud chips in credit cards
Sacramento Bee
"There's no question that chip-and-PIN is a much safer technology than signature-based cards, which are a lot easier to replicate," said Diane Brisebois, the president and CEO of the Retail Council of Canada, the national trade group for retailers ...
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PH eyes local debt swap in Oct, retail bond sale
ABS CBN News
MANILA - The Philippines plans to launch as early as October an offer to swap shorter-dated local debt for longer tenors of up to 25 years and issue its second retail treasury bond this year, a senior government official said. Manila also sees no ...
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Samsung Galaxy S III 32GB version to retail for INR 41500
AndroidOS.in (blog)
samsung galaxy s iii final Samsung Galaxy S III 32GB version to retail for INR 41500 If you are one of the storage hungry folks, Samsung has stated that the 32GB version of its flagship Galaxy S III smartphone will soon go on sale in its official e ...
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AndroidOS.in (blog)
Where retail therapy meets that empty feeling
RichmondBizSense
Richmond's malls are looking a little emptier these days, according to a recent BizSense tally. A survey of five area malls shows 17 percent of more than 500 storefronts are vacant. That figure is up 4 percent from a similar count BizSense did in 2010 ...
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RichmondBizSense


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