Qatari retailer Al Meera profit surges 80% in Q1
Qatar-based retailer Al Meera Consumer Goods has reported an 80% growth in net profit to QAR23.09m ($6.34m) in the first…
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UK retail sales marginally down in April: CBI
The UK retail sales were marginally down in April on an annual basis, after remaining unchanged in March, according to…
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Lorillard acquires e-cigarette retailer blu ecigs for $135m
US-based e-cigarette retailer blu ecigs has been acquired by American cigarettes manufacturer Lorillard through its subsidiary Lorillard Tobacco for $135m.Lorillard…
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US retailer Sears forms new subsidiary MetaScale
US-based retail conglomerate Sears Holdings has formed a wholly-owned subsidiary MetaScale to provide technology managed services and data solutions.MetaScale provides…
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Russian retailer O’Key revenue rises 12.7% in 2011
Russia-based food retailer O'Key has posted a 12.7% increase in total revenue to RUB93.13bn ($3.17bn) in the year ended 31…
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Indian jeweller Rajesh Exports to set up 500 retail stores by 2015
Rajesh Exports, an India-based jewellery manufacturer and retailer operating under the brand Shubh Jewellers, plans to set up 500 retail…
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Canada retail sales decline in February
Canadian retail sales decreased unexpectedly in February for the first time since July 2011, due to a sharp fall in…
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Indian giant Tata launches e-Commerce portal for retail arm
India-based business conglomerate Tata Group has launched an e-Commerce portal for its retail arm, Infiniti Retail, which runs electronics and…
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Ireland retail sales decrease in Q1 2012: REI
Irish retail sales continued to disappoint during the first quarter (Q1) of 2012, according to retail industry group Retail Excellence…
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Australian retail chain Woolworths sales up in Q3
Woolworths, an Australia-based supermarket chain, has reported a 3.8% growth in total group sales to A$14.07bn ($14.54bn) in the fiscal…