Tuesday, July 02, 2013

Google Alert - retail news

News17 new results for retail news
 
Vestis Retail Group Announces Completion of Planned Management ...
Wall Street Journal
PHILADELPHIA, July 2, 2013 /PRNewswire/ -- Vestis Retail Group, LLC (Vestis), is pleased to announce the appointment of James Petty to the position of Chief Executive Officer, effective July 8th. Vestis, owned by affiliates of private equity firm Versa ...
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Retail FDI norm tweak on the cards
Calcutta Telegraph
New Delhi, July 2: The government may allow foreign multi-brand retailers greater market access and relax sourcing rules. Global giants such as Walmart and Tesco may be allowed to set up shops in cities with a population of less than one million. The ...
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Retail sales soft amid consumer caution
Sydney Morning Herald
Australians are remaining cautious about their spending, with retail sales for May edging up slightly as consumers bought more food, clothing and accessories. Retail sales lifted a seasonally adjusted 0.1 per cent for the month, following a revised 0.1 ...
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Retail Zoo full of beans about Cibo Espresso franchise rollout
SmartCompany.com.au
Retail Zoo, the parent company of Boost Juice and Salsa's Fresh Mex Grill, is getting ready to roll out its coffee brand CIBO Espresso across Australia, with stores set to open in Melbourne, Sydney and Western Australia by the end of 2013. Originally a ...
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MNC retailers may get to enter smaller cities too
Economic Times
NEW DELHI: The government may allow foreign multi-brand retailers to set up stores in cities with a population of less than a million, a measure that is part of the possible relaxation of norms that the department of industrial policy and promotion ...
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Retail street planned by Passaic industrial park owner
NorthJersey.com
Mynt Properties LLC of Manhattan envisions using just 100,000 to 150,000 square feet, a fraction of the 1.64 million square feet at the industrial complex, for retail use, said company president Joseph Smouha. He is already talking to potential tenants.
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S.Korea retail sentiment rebounds to over 1-year high -survey
Reuters
SEOUL, July 3 (Reuters) - A survey of South Korean retailers showed business sentiment for the third quarter rebounded into positive territory for the first time in over a year on Wednesday, but a recent string of data underscored a fragile recovery in ...
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Hess Retail Network Sale Progresses
CSPnet.com
NEW YORK -- Hess Corp.--exiting the downstream refining, transportation and retail business--has enlisted Goldman Sachs Group Inc. to sell its gas station network as the oil company moves to reshape itself into a pure exploration-and-production (E&P) ...
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National Retail Federation Survey Finds Caution, But Less So Than Prior Years
AdAge.com
The second-biggest shopping season of the year is about to kick off in earnest, with retailers gearing up to take advantage of the $84 billion back-to-school and back-to-college period. The winter holidays, by contrast, account for $580 billion in ...
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Over 80 percent of profits in retail sector go to foreigners
Arab News
Although Saudi Arabia now ranks as the 16th most attractive retail market in the world, this is not benefiting the national economy because most of the profits end up in the pockets of retailers owned by foreign multinationals and individual ...
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Saudi retail sector to remain robust
Saudi Gazette
RIYADH – The Saudi retail sector would continue its strong earnings growth, NCB Capital, the GCC's leading wealth manager and the Kingdom's largest asset manager, forecast Tuesday, but considers that much of this looks priced-in at current levels given ...
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Younger retail workers may get pay boost
BigPond News
The hearing, which has the backing of the federal government, will from Tuesday look into altering the General Retail Award to ensure 20-year-old retail workers are paid the full adult wage. The Shop, Distributive and Allied Employees Association (SDA ...
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FDI policy for multi-brand retail may be toned down
Livemint
New Delhi: The industry department may soon move cabinet to sweeten the foreign direct investment (FDI) policy for the multi-brand retail sector that was notified nine months ago, after failing to attract companies that want to set up supermarkets in ...
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Philip Green demands rates holiday for UK small retailers
Financial Times
Sir Philip Green, the retail executive, has joined calls for a rates holiday for small retailers in the UK, arguing that rates and rent have fallen out of step since the financial crisis. Business rates are based on valuations from 2008, which are not ...
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Cuomo to study retail tax-breaks bill
Newsday
Gov. Andrew M. Cuomo Tuesday said he would keep an open mind in deciding whether to sign into law a bill that permits industrial development agencies to help retailers that are harmed by disasters, such as superstorm Sandy. In March, Cuomo ...
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Shibulal family office forays into retail business
Times of India
The retail venture, part of IIM's hospitality arm and driven by Shibulal's daughter Shruti Shibulal, stocks over a 1,000 SKUs (stock keeping units) of certified organic food, beverages, home care, apparel, health and personal care products. The month ...
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Australian retail sales increase at a weaker-than-expected pace in May
ABC Online
The latest official figures show Australian retail sales grew at a lower-than-expected level pace in May. The Australian Bureau of Statistics figures reveal consumer spending increased by 0.1 per cent, in seasonally adjusted terms. Economists surveyed ...
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