Tesco to open 300 neighbourhood convenience stores in India
Retail major Tesco has outlined plans to open nearly 300 neighbourhood convenience stores modelled on Tesco Express across India.The retailer…
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Sainsbury sales down by 0.8% in second-quarter
J Sainsbury, the parent company of British supermarket chain Sainsbury's Supermarkets, said its second-quarter total retail sales declined by 0.8%,…
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eBay and PayPal to split as separate entities in 2015
Online retail major eBay has approved a plan to separate the company's eBay and PayPal businesses into independent publicly traded…
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Macy’s to hire 86,000 associates for holiday season
Macy's, a US-based department store chain Macy's plans to hire seasonal associates for around 86,000 posts at Macy's and Bloomingdale's…
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GameStop to hire 25,000 employees for holiday season
Video-game retailer GameStop has announced plans to double its number of seasonal workers in the US by hiring close to…
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Jimmy Choo to list on London Stock Exchange
Luxury shoe brand Jimmy Choo announced that it intends to list its shares on the London Stock Exchange, in an…
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Mothercare’s boss to inject £400,000 for £100m rights issue
Baby goods retailer Mothercare boss, Mark Newton-Jones, has announced that he will invest £400,000 of his own money in the…
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Mobile phone operator EE acquires 58 Phones 4u shops
Mobile phone operator EE has acquired 58 Phones 4u shops out of administration, saving almost 359 jobs from the collapsed…
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Ikea to set up 25 stores in India, plans additional $500m investment
Furniture retailer Ikea is planning to invest an additional $500m to set up 25 stores in India over the next…
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Discount retailer Family Dollar Stores rejects Dollar General tender offer
Discount retailer Family Dollar Stores announced that its shareholders have rejected the $9.1bn unsolicited conditional tender offer made by Dollar…