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Single brand retail: Government rules out easing sourcing norms Economic Times New Delhi: The government has ruled out any relaxation in the mandatory sourcing norm for global retailers who want to set up fully-owned single-brand retail stores in the country, but there could be fresh guidelines to provide more clarity. "We are ... See all stories on this topic »

Retailers' real-life reminder Sydney Morning Herald Small retailers, of course, needed no such reminder. On a year-over-year basis, which eliminates seasonal factors, Australian Bureau of Statistics (ABS) data indicates that sales for independent retailers grew by just 1.5 per cent in July, compared ... See all stories on this topic »

RETAIL: Walmart lowers fee for holiday layaway program North County Times The fee to open up a layaway account will now be $5 instead of $15, the world's largest retailer said Tuesday. The announcement comes a day after Toys R US announced it was waiving the upfront service fee for layaway orders created in store from Sept. See all stories on this topic »

HBC rekindles plan for public offering Globe and Mail Plans to take a portion of the venerable Canadian retailer public have been revived after the company shelved the mulling of an initial public offering last October, said sources close to the company and on Bay Street. But bankers and executives are ... See all stories on this topic » Globe and Mail

DCGI directs state DCs to strengthen regulatory control at retail outlets to ... pharmabiz.com The Drugs Controller General of India (DCGI) Dr GN Singh has directed the state drugs controllers to further strengthen the regulatory control at retail sale outlets in the country to ensure that drugs are dispensed by the retail chemists in compliance ... See all stories on this topic »

PLDT to reposition itself and focus on retail market ABS CBN News MANILA, Philippines - Over-the-top services popularized by Skype and Google Talk will prompt Philippine Long Distance Telephone Co. (PLDT) to reposition itself and concentrate more on delivering its services to the retail market. "We aim to long-tail ... See all stories on this topic »

UK retail co. buys e-books Rappler "Tesco has acquired Mobcast, the award-winning digital book platform provider," the retail group said in a brief statement that also gave the purchase price. "The acquisition further strengthens Tesco's digital entertainment offer, following the ... See all stories on this topic »

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