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GCC food retail sector spending to reach $106b in next five years Saudi Gazette JEDDAH – GCC spending in the food retail sector is estimated to reach $106 billion in the next five years, global management consultancy company AT Kearney said in a report. Out of the total consumer spend of $300 billion, food is the largest segment ... See all stories on this topic » Saudi Gazette

Best Buy = Titantic? Analyst Says Yes CNBC.com (blog) Despite consumer electronics retailer Best Buy's better-than-expected earnings and revenue, one analyst likened it to the Titanic on an iceberg crash course. This year, the company's cash flow could drop to $400 million, from an adjusted free cash flow ... See all stories on this topic » CNBC.com (blog)

Atlanta retail shops busted for selling nearly $2 million in counterfeit items First Coast News (AP) - Atlanta police say they have busted a ring of retail stores found selling nearly $2 million worth of counterfeit items. WSB-TV reports police officers hauled away bags full of purses, jeans and shoes from six stories Friday night. They found ... See all stories on this topic »

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