Monday, August 13, 2012

Google Alert - retail news

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8 states, 2 union territories favour FDI in retail: Government
Economic Times
NEW DELHI: The government has said eight states and two union territories have supported foreign direct investment (FDI) in organised retail, revising its earlier reply to the RajyaSabha that two states and two union territories had supported this ...
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Car spending boosts retail sales
Stuff.co.nz
Kiwis revved up spending on cars and car parts in the three months to June 30, pushing retail sales volumes up 1.3 per cent for the period. Total sales values were up 1.1 per cent, or $195 million, compared with the March quarter, according to ...
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FDI in retail: Quiksilver seeks 51:49 Reliance joint venture
Economic Times
American designer clothier Tommy Hilfiger wants to own and manage retail stores directly while leaving the 50:50 joint venture with Arvind intact. But Tommy Hilfiger denied reports that it would take a controlling 51% stake, stating the partnership ...
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Six global retailers apply for 51% control of India ops
Livemint
Recently an application by Zara owner Inditex S.A. to sell a more upscale brand through a joint venture with Tata Group's retail arm, Trent Ltd, was rejected by the Foreign Investment Promotion Board (FIPB). In January, India allowed foreign single ...
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New Zealand: Retail Sales ex Autos (QoQ) (2Q): 0.9%
FXstreet.com
New Zealand: Retail Sales ex Autos (QoQ) (2Q): 0.9%. Mon, Aug 13 2012, 22:49 GMT | FXstreet.com · Share. Related News. New Zealand: Retail Sales ex Autos (QoQ) (2Q): 0.9% · New Zealand Retail Sales (QoQ) 1.3% in 2Q · N.Z. 2nd qtr. Retail Sales ...
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French retailer Auchan signs franchise deal with Max Hypermarket
Reuters India
MUMBAI (Reuters) - French retailer Auchan has signed a franchise agreement with Max Hypermarket to enter India with its retail operations, the companies said on Monday. Max, which is run by Dubai-based Landmark Group, operates 13 hypermarkets in ...
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BP sells California refinery, Arco retail to Tesoro
San Jose Mercury News
LONDON (AP) -- Oil company BP said Monday that it has agreed to sell its refinery in Carson, California and other West Coast assets to Tesoro. Tesoro is paying $2.5 billion cash for the refinery, pipelines, storage terminals, marine terminals and about ...
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Asian Stocks Rise, Yen Weakens on Stimulus Bets; Grains Advance
Businessweek
U.S. retail sales probably expanded by 0.3 percent last month, the first increase since March, as employment picked up, a Bloomberg survey of economists showed before the Commerce Department releases figures today. Photographer: George Frey/ ...
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Japan Stocks Rise on Italian Debt Demand, BOJ Minutes
Bloomberg
Japanese stocks rose, with the Nikkei 225 (NKY) Stock Average rising the first time in three days, as minutes from the Bank of Japan showed policymakers weren't ruling out any options to boost the economy and on expectations U.S. retail sales rose in July.
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Retail petrol prices continue to rise
Viet Nam News
Retail petrol prices continue to rise. HA NOI — Petroleum importers raised retail fuel prices by VND1,100 (US$ 0.05) per litre starting from 5pm yesterday afternoon. Petrolimex, the country's leading fuel distributor, announced prices of VND 23500 per ...
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Sahara in Rs. 3000-cr 'Q Shop' retail foray
Hindustan Times
Sahara India on Monday announced its entry into the multi-crore-retail business with the launch of several products under brand "Sahara Q Shop" with an initial investment of Rs. 3000 crore. "We have been making elaborate plans for this venture for the ...
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The Best Move to Save This Retail Dinosaur
DailyFinance
Traditional retail, one such industry, is under attack by the Internet. With the rise of the e-tailer, we have seen the most successful bricks-and-mortar survivors emerge as either wholesalers or niche players. It seems that the world has little room ...
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Small Retail Shops use Facebook Fan Pages to Get Customers
HispanicBusiness.com
Long before Revolve Clothing Exchange opened its newest location, it had a Facebook page. The staff posted photos of shelving under construction and shoes headed for the racks. "Stay tuned for more awesomeness!" screamed a post about its vintage ...
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Amazon and the Non-Level Retail Playing Field
All Things Digital
Last year, Amazon's Q4 growth was double that of online retail overall. Competitors point to Amazon's stealing share with offerings like Prime and the Kindle that lock up consumer spending in ways that few, if any, other retailers have the scale or ...
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All Things Digital
Canadian merchants make do with fewer workers
Globe and Mail
More than 45000 jobs were lost in the retail sector between 2008 and 2011, and modest hiring so far in 2012 has been outpaced by retail output. Canadian stores are seeking ways to drive productivity and protect their margins in the face of wary ...
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Globe and Mail
Mommie Helen's bakery in a sticky wicket
Press-Enterprise
RETAIL: Mommie Helen's bakery in a sticky wicket. STAN LIM/STAFF PHOTOGRAPHER. Dorothy Pryor Rose is the founder of Mommie Helen's Bakery, located in Colton. Her homemade baked goods has made her popular with customers including a long list ...
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Press-Enterprise
Will Retail Sales Stir Up This Listless Stock Market?
CNBC.com
"There's two pieces of news. The Greek debt auction. That needs to go well," said Steve Massocca of Wedbush Securities. Greece is auctioning just over 3 billion euros in short term bills. "We need a good retail sales number to keep the rally going," he ...
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A relook at textile industry
Economic Times (blog)
India would see substantially more investment from global fashion brands and retailers in the coming years. This will not only stimulate India's domestic demand but also an enhanced indirect investment in money and effort from the retailers and brands ...
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Hong Kong Stocks Advance Ahead of US Retail Sales Data
Bloomberg
By Jonathan Burgos - 2012-08-14T03:06:06Z. Hong Kong stocks rose, with the benchmark index heading for its first advance in three days, before the release of U.S. retail sales data expected to signal demand is recovering in the world's largest economy.
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Solomon Lew claims he's "oppressed" thanks to Witchery takeover
SmartCompany.com.au
It's difficult to imagine a billionaire feeling oppressed, but retail mogul Solomon Lew is certainly trying. Lew's private investment company Australian Retail Investments has spent the last week corresponding with Country Road, of which it owns 12 ...
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Nigeria: A retailer's market
Oxford Business Group
Lured by its clear potential – a large population, positive macro-economic growth and a strong appetite for consumer goods – chains both foreign and local are dramatically expanding their domestic retail footprint. By the end of June, Shoprite – the ...
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