UK chain Sainsbury’s buys HMV stake in e-books retailer Anobii
British retailer J Sainsbury's has acquired HMV Group's shareholding in Anobii, a social network and online retailer of e-books.Sainsbury's said…
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Brazil top destination for specialty retailers: AT Kearney GRDI
Brazil has emerged as a top destination for specialty retailers, according to the 2012 Global Retail Development Index (GRDI) by…
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UK retailer Tesco sales increase in first quarter
British supermarket chain Tesco has posted a 2.2% increase in group sales for the first quarter ended May 2012, compared…
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US fashion label J Crew to hit Beijing, Hong Kong store shelves
American fashion label J Crew is expanding its bricks-and-mortar presence outside of North America and will be available at stores…
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Digital Foodie brings virtual stores to Finland
Finnish startup Digital Foodie and Helsinki Co-operative Society Elanto of S Group have joined forces to turn the walls of…
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May retail sales values up in UK: BRC
Retail sales values in the UK, on a like-for-like basis, increased 1.3% in May 2012 from the same month last…
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Dutch retailer Royal Ahold net sales rise in first quarter
Royal Ahold, a Netherlands-based supermarket chain, has posted a 5% growth in net sales to EUR9.71bn in the first quarter…
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French retailer Carrefour to revise hypermarket product lines
France-based major retail chain Carrefour intends to trim selling space devoted to some non-food items at its hypermarkets in France.As…
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Euro-area retail sales decline in April 2012
Euro area (EA17) retail sales volume declined 1% in April 2012 from the previous month, according to the data released…
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Spar, Shell join forces to expand forecourt stores in Austria
Austrian chapter of Spar International, a Netherlands-based independent food retail chain, has signed a cooperation agreement with Shell Austria to…