Tuesday, August 21, 2012

Google Alert - retail news

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Retail inflation eases to 9.86% in July
Times of India
NEW DELHI: Retail inflation eased marginally in July on the back of moderating fuel prices but food inflation remained in double digits and erratic monsoon rains in some parts of the country may heighten the pressure and pose a policy challenge in the ...
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FDI in retail will benefit poor farmers: Beni Prasad Verma
Business Standard
Steel Minister Beni Prasad Verma has been in news for his statement "inflation helps farmers". He tells Kavita Chowdhury on why he stands by his statement and how FDI in retail would set right prices for both agriculturalists and consumers. Edited ...
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Retailers face growing cyber crime threat
Financial Times
E-crime cost retailers more than £205m in 2011-12 and is the sector's "biggest emerging threat", according to a report from the British Retail Consortium (BRC). The figure includes £77m from actual fraud as well as costs of prevention. An estimated ...
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RETAIL: Best Buy 2Q profit drops 90 percent, misses estimates
North County Times
It was expected that Best Buy would pick someone with retail experience, and Wall Street didn't respond well, sending Best Buy shares fell 10 percent. And before that, the board and Richard Schulze over the weekend waged a public fight over the co ...
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Agrium Needs Fertile Ground for Retail Business
Wall Street Journal (blog)
In June 2011, Agrium told analysts that five firms, including Tractor Supply and Watsco, constituted the closest valuation peer group for the retail business. Back then, their median multiple of enterprise value to forward earnings before interest, tax ...
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Wall Street Journal (blog)
Retail inflation dips marginally to 9.86%
NDTV
The consumer price index (CPI) series was launched in January this year to more accurately capture inflation at the retail level – or the actual prices that consumers pay – rather than the wholesale price inflation, which only reflect factory gate prices.
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RETAIL: Barnes & Noble sees 'Fifty Shades' of green
North County Times
NEW YORK — Barnes & Noble's fiscal first quarter was a tale of modern and traditional. Tech-savvy readers snapped up its e-books and other digital content during the period, while traditionalists headed to its bookstores for the popular "Fifty Shades ...
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Retail Gasoline in US Rises to Record High for Season
Bloomberg
U.S. retail gasoline has climbed for seven weeks, advancing 38.8 cents a gallon since July 2, as crude prices gained more than $12 a barrel and refinery disruptions sent gasoline inventories to the lowest level for this time of year since 2008 ...
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Retail predictions for 2013: what's next for Canadian retail?
ITBusiness.ca (blog)
Just about everything in the sector is pointing to a significant shift in Canada's retail landscape. New players entering the Canadian market from south of the border including Nordstrom, Target and J. Crew are challenging brick and mortar retailers ...
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ITBusiness.ca (blog)
Weekly Standard: He Does Retail, Too
NPR
But during his nationally televised speech in Waukesha, Ryan revealed to the country that he's also a good retail politician who is capable of making a big-picture — and moral — case against debt, deficits, and President Obama's willful neglect of ...
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Russian retail: Magnit turns to farming
Financial Times (blog)
Magnit, Russia's second biggest food retailer, has decided to diversify into market gardening in a move that might test its reputation for good logistics. The plan, announced as X5, Magnit's larger rival, reported lacklustre financial second quarter ...
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Financial Times (blog)
Maxwell Industries to foray in state with 'Inners' retail store
Business Standard
Mumbai-based Maxwell Industries Ltd., that manufactures men's and women's inner wear and lingerie, is set to foray in Gujarat with its exclusive retail store 'Inners' soon. The company, known for its flagship brand 'VIP', will set up its exclusive ...
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Up Against Retail Giant Amazon, BufferBox Aims to Jump-Start Parcel Delivery
All Things Digital
But BufferBox's opportunity could be in chasing the partners like Walmart and Google, two major companies that aren't stoked on Amazon's current position as the dominant player in the online retail space. Walmart obviously doesn't have much incentive ...
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Comment: Apple retail boss Browett admits 'messing up' over store changes
Retail Week
But at the company's retail division there is evidence that all has not gone smoothly since former Dixons chief executive John Browett became Apple's senior-vice president of retail in April. Browett has had to make a u-turn and admit "we messed up ...
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Retail Week
Gen Y most likely to hold low-paying jobs in retail
USA TODAY
Reprints & Permissions. Chances are if you're a working Millennial, you're working in retail, says a study released Tuesday by Generation Y research firm Millennial Branding in conjunction with PayScale, a company that collects compensation data.
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USA TODAY
Detroit Retail To Get A Boost: DEGC Accepting Proposals For Pop-Up Shops In ...
Huffington Post
The Villages Community Development Corp is teaming up with the Detroit Economic Growth Corp, West Village Manor Apartments and Parkstone Apartments to solicit proposals to create full-time and temporary (commonly known as pop-up retail) businesses ...
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Williams-Sonoma, Inc. Announces Sydney, Australia, for First Company-Owned ...
Financial Post
Williams-Sonoma, Inc. (NYSE: WSM), the North America-based retailer that specializes in high-quality products for the home, today announced that it has signed a lease for approximately 22000 square feet of retail space to house four of its iconic ...
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What Retail Stocks Are Showing Growth in Spite of Flat Economic Renewal
The Market Oracle
Buying in the retail sector continues to be selective, but we are seeing improvements as evidenced by the retail sales reading in July that pointed to a surprise 0.8% jump in total spending, which was well above the 0.2% estimate and the June reading ...
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Retail apple prices rise heading into harvest
The Packer
The escalation of retail apple prices will likely continue in August, with dwindling supplies of apples from storage and modest expectations of apple output in New York and Michigan contributing to a bullish outlook. Shipping point prices for ...
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Focusing on the smaller retail stores
The Daily Star
BEIRUT: Lebanese retail market shares are shifting from supermarkets back to small grocery stores as the economy slows and customers shy away from luxury items, said the managing director of leading distributor of foodstuff and beverages G.Vincenti ...
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The Daily Star
Primaris Retail REIT Announces Filing of Base Shelf Prospectus and Completion ...
Daily Commercial News
Primaris Retail Real Estate Investment Trust ("Primaris") (TSX:PMZ.UN) announced today that it has filed and received a receipt for a preliminary short-form base shelf prospectus with the securities regulatory authorities in each of the provinces and ...
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Retail banking: sexy again?
Finextra
After five years of rehab, Citigroup has certainly figured out which side its bread is buttered and decided to go back to the old darling of banking, perhaps leaving the dealmakers licking their wounds. Not only are the "too big" banks whether in the ...
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