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Govt banks raise retail term deposit rates Business Standard Three state-run lenders have raised their retail term deposit rates by 25-125 basis points. United Bank of India increased interest rates on domestic term deposits below Rs 5 crore by at least 25 basis points, effective immediately. The Kolkata-based ... See all stories on this topic » Business Standard

The Death of Retail, Continued Daily Reckoning Shares of J.C. Penney plummeted 17% yesterday after the company reported a fourth-quarter net loss of more than $550 million. Despite some fairly drastic attempts at a turnaround, J.C. Penney looks like it's headed in the direction of fellow old-school ... See all stories on this topic »

Barnes and Noble Retail Split? Wealth Daily The Barnes and Noble (NYSE: BKS) book retailer is turning another page. As new technologies continually reshape the shopping landscape by the year, it seems, even the trees need to grow legs and move themselves when their time comes. But for Barnes ... See all stories on this topic »

Single brand retail: Ikea proposal sent for cabinet approval SME Times The government had last year allowed 100 percent foreign equity in single-brand retail trade, after which Ikea had sent in its proposal. But the decision was held, since the government was reluctant to allow the chain to also set up restaurants and ... See all stories on this topic »

German retail sales pick up on brighter consumer mood Deutsche Welle In January, German retail sales rose by 3.1 percent from December, making up for a significant drop of 2.1 percent in the final month of 2012, the German Federal Statistics Office (Destatis) announced Friday. Destatis figures also showed that January ... See all stories on this topic »

UPDATE 1-German Jan retail sales rebound with biggest jump in 6 years Reuters BERLIN, March 1 (Reuters) - German retail sales grew at the fastest monthly rate in more than six years in January, rebounding from a deep fall in December and confirming signs that Europe's largest economy has turned the corner after a dismal end to 2012. See all stories on this topic »

Brick And Mortar Retail Is Dead: Foot Locker Lacks Upside Catalyst Seeking Alpha Foot Locker (FL) is a global athletic shoe and clothing retailer, located in malls and stand-alone stores across the USA, Canada and Europe. FL is best known for their variety of athletic shoes and sports apparel. The company offers men's and women's ... See all stories on this topic »

Talking retail, customers and management with Gus Mayer's president Birmingham Business Journal (blog) Heinle, a retail veteran who was a part-time disc jockey in college, shared some interesting thoughts and lessons he's picked up as he's led the Birmingham-based retailer through the recession and positioned it to compete in a brave new retail world ... See all stories on this topic »

Impressive Rise in German Retail Sales Fails to Reverse Euro Losses DailyFX The rise in retail sales follows recent announcements of improved consumer confidence and lower unemployment. The Bundesbank has recently predicted that the German economy will see a return to growth in the current quarter, and the European Union ... See all stories on this topic »

Billionaire Richard Chilton's Favorite Retail Stocks Include Home Depot Insider Monkey (blog) We have gone through the 13F from billionaire Richard Chilton's Chilton Investment Company and here the fund's top five positions in retail stocks (representing a variety of verticals) as of the end of December (or see our full list of Chilton's stock ... See all stories on this topic »

Arrests after police sting at Wednesbury retail park expressandstar.com Police said shoppers who have purchased and then left good inside their cars for safe-keeping while they continue to browse have been targeted at the retail park in Axletree Way, close to junction nine of the M6. Officers installed a decoy "capture ... See all stories on this topic »

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