Monday, August 06, 2012

Google Alert - retail news

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Fitch downgrades retail sector to negative
Livemint
India's nascent retail sector was downgraded to negative from stable by Fitch Ratings on Monday due to worsening business conditions in a slowing economy and the decline in discretionary spending by consumers. The ratings agency revised its outlook for ...
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Retail puzzle to have Reserve leaving rates on hold
Herald Sun
It was also seized on by others as further evidence that the Reserve Bank had gone too far with its interest rate cuts this year. Indeed, former Reserve Bank board member Warwick McKibbin wants the RBA to reverse course and raise rates -- starting ...
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Steps to attract retail investors to MFs soon: FM
Business Standard
... government in the 2012-13 Budget had announced Rajiv Gandhi equity scheme. The scheme would provide 50% tax deduction to retail investors with annual income less than Rs 10 lakh, for investment up to Rs 50000, with a lock-in period of three years.
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Best Buy Founder Offers $26 a Share to Buy Retailer
Bloomberg
Best Buy Co. founder Richard Schulze, who stepped down as chairman this year, offered to take the electronics retailer private at $24 to $26 a share. Best Buy shares surged as much as 34 percent in early trading. Credit Suisse Group AG, Schulze's ...
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BJP to raise FDI in retail issue in monsoon session
Hindu Business Line
While there is no need for legislative approval for allowing FDI in multi-brand retail, there is need for Parliament approval for allowing FDI in pension and also for hiking FDI cap in insurance sector. The single largest Opposition party in Lok Sabha ...
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Retail Revolution: What Do Consumers Want? Retail Rules Keep Changing
Huffington Post (blog)
Today's consumers judge retail brands by how they engage shoppers, whether retailers are listening to consumer preferences, understanding what consumers want to buy and when they want to buy. Consumers want retailers to offer them ideas for future ...
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Airport Retail Trends in Europe, 2012-2013
MarketWatch (press release)
"Airport Retail Trends in Europe, 2012-2013" is a new report by Canadean that analyzes consumer trends in airport retail and explores how opportunities and demand are set to change in 2012-2013. Furthermore, this report provides a comprehensive ...
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Consumer Attitudes and Online Retail Dynamics in India
MarketWatch (press release)
Local retailers currently have the monopoly over the Indian online retail market, since restrictions on entry into the retail market prevent foreign firms from marketing their products to Indian consumers. As of July 2012, foreign retailers are not ...
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Wren Solutions Delivers Retail Intelligence with Updated Version of Encapsulon ...
MarketWatch (press release)
Initially released in March of this year, Wren's easy-to-use retail audit software enables loss prevention and store operations professionals to streamline and simplify the process of designing, conducting, and following up on audits. Flexible and ...
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Global retailers take measured approach to Africa
Bizcommunity.com
International retailers setting up shop in SA as a gateway to the rest of the continent are likely to take a measured expansion approach‚ as they gain knowledge and test the local market. Global brands are progressively looking to emerging markets to ...
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China slowdown forces retailers to offer discounts
gulfnews.com
Hong Kong: For years, China's increasing affluence fuelled surging sales for consumer companies. That boom is waning as slower spending translates into inventory overloads, discounting, and losses for some brands. To lure increasingly price-sensitive ...
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Global Geographical Information System Market in Retail Industry 2011-2015
Sacramento Bee
TechNavio's analysts forecast the Global Geographical Information System market in the Retail industry to grow at a CAGR of 18.2 percent over the period 2011-2015. One of the key factors contributing to this market growth is the need to develop a ...
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Cycle Gear Opens 97th Retail Store In Lynnwood, Washington
MarketWatch (press release)
6, 2012 /PRNewswire via COMTEX/ -- Cycle Gear, Inc., the nation's largest retailer of motorcycle apparel and accessories, is pleased to announce that it has just opened its 97th retail store in Lynnwood, Washington. Located at 4210 196th St SW. The new ...
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Casual Male Retail Group, Inc. to Announce Second-Quarter 2012 Financial ...
MarketWatch (press release)
CANTON, Mass., Aug. 6, 2012 /PRNewswire via COMTEX/ -- Casual Male Retail Group, Inc. (NASDAQ:CMRG) , the largest retailer of big & tall men's apparel and accessories, announced today that it will release its second-quarter 2012 financial results ...
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Harvey Norman unaudited pre-tax profit dives 39pc
The Australian
THE country's biggest electronics and furniture retailer, Harvey Norman, has blamed deflationary price pressures in television sets and computers for its shocking 39 per cent plunge in pre-tax full year profit to $227.6 million. "The results are worse ...
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eBay, PayPal promote online retail exports
indiablooms
This is part of eBay and PayPal's collaboration with FIEO to stimulate the growth of Indian retail exporters by helping them sell online to 100 million plus international consumers in 190 markets and accept payments in up to 25 currencies. A series of ...
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indiablooms
Retail concept 'poor' among Saudi women
Trade Arabia
Forty-two per cent of Saudi Arabian women who responded to a survey highlighted lack of awareness of what retail work pertains. Respondents mentioned there aren't any success stories in the region to understand the sort of career path they would be ...
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Average retail gasoline prices in Texas up 6.5 cents
Liberty Vindicator
Texas, August 6- Average retail gasoline prices in Texas have risen 6.5 cents per gallon in the past week, averaging $3.40/g yesterday. This compares with the national average that has increased 9.3 cents per gallon in the last week to $3.60/g ...
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Rival banks eye Royal Bank of Scotland's US retail division Citizens Bank: report
domain-B
Several rival banks are planning to bid for Royal Bank of Scotland's US retail division Citizens Bank, which could fetch the UK government bailed out bank around £10 billion. Itau Unibanco, one of Brazil's biggest banks, and Canada's TD Bank are among ...
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Kenya's retailers sound alarm over increased pilferage
Bizcommunity.com
If you are a shopper in Nairobi and you walk into Nakumatt Lifestyle, you will notice something - baby milk is stored in a glass cabinet, under lock and key. That key is in the custody of one employee. These security measures by Nakumatt and other ...
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Sifting Through The Rubble Of Retail High-Flyers For Potential Trades - Long ...
Seeking Alpha
The HOLDRS Retail ETF (Market Vectors Retail ETF: RTH) hit new all-time highs in late July, and the SPDR S&P Retail ETF (XRT) has remained in a trading range since failing a retest of its all-time highs in late April. Click to enlarge. RTH trading near ...
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CVS Caremark's MinuteClinic Is First Retail Clinic Provider to Earn Gold Seal ...
MarketWatch (press release)
6, 2012 /PRNewswire via COMTEX/ -- Building on its established record for clinical quality, MinuteClinic, the walk-in medical clinics inside CVS/pharmacy, has become the first retail clinic provider to achieve three consecutive accreditation awards ...
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Online, in-store: Merge, retail, merge!
CNNMoney
LightSpeed treats retail inventory a bit like Amazon (AMZN) does. Or, better still, like an Apple (APPL) store. By keeping the bulk of its product out of site -- the surfboards, the boxed computers -- a store manager can focus on creating a space that ...
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CNNMoney
Mobile solution drives SMB retail loyalty programs
ZDNet
based software developer Mercury is meant to replace the traditional methods that small retailers typically use to track customer purchases, such as paper card-punch methods. The store owner or manager basically encourage people to sign up (if they ...
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Online Retailers in Europe to 2016: Market Guide
PR Newswire (press release)
"Online Retailers in Europe to 2016: Market Guide" provides in-depth detail on the trends and drivers of the Online Retailers market in the Europe. The report includes quantitative information (historic and forecast market values), segmented at ...
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