Teavana posts loss in second quarter 2012
Specialty retailer Teavana has posted a $146,000 loss for the second quarter of 2012 ended on 29 July 2012. Net…
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LS Travel Retail posts sales growth of 8% for H1 2012
Duty free division of Lagardere Services, LS Travel Retail, has reported an 8% increase in its sales for the first…
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Retail chain Pep Boys sales up in second quarter 2012
US-based automotive retail chain Pep Boys has reported a 0.6% increase in sales to $525.7m for the second quarter (Q2)…
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UK retailer Tesco acquires e-book firm Mobcast
British retail giant Tesco has acquired London-based digital e-book platform provider, Mobcast, for $7.1m. The UK retailer believes that the…
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German retailer Media-Saturn signs IT deal with Capgemini
European Metro Group's electronic retail chain Media-Saturn has signed new agreement with consultants Capgemini for its IT outsourcing needs. The…
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Samsung to operate 1, 000 stores in India by 2012 end
South Korea-based consumer electronics conglomerate Samsung plans to operate 1,000 retail outlets by 2012 in India, as a part of…
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Essar to open fuel outlets in Kenya
Indian multinational conglomerate Essar Group plans to open new fuel outlets in Kenya under the Essar brand, as a part…
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Essar Oil partners with Café Coffee Day to open CCD stores
Fully integrated oil & gas company Essar Oil (EOL) will partner with coffee conglomerate Amalgamated Bean Coffee Trading's Café Coffee…
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Helmet manufacturer Steelbird to open 200 stores in India
Manufacturer of crash helmets Steelbird Hi-Tech India (SBHT) plans to open 200 retail outlets in India in over the next…
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British local shopkeepers are hardest workers in UK: ACS
According to a study by Association of Convenience Stores(ACS), local shopkeepers are among the hardest working people in Britain, with…