Dollar Tree to buy Family Dollar Stores for $8.5bn cash-and-stock deal
American discount stores operator Dollar Tree has decided to acquire Family Dollar Stores, in a cash-and-stock deal that values the…
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Canada retail sales up in May: Statistics Canada
Canadian retail sales increased by 0.7% to $42bn in May, according to Statistics Canada.During the month, overall gains were reported…
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Destination Maternity announces plans to withdraw bid to buy Mothercare
American maternity retailer Destination Maternity has decided to withdraw its plans to make an offer for British mother and baby…
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Lotte Duty Free unveils retail outlet in AB Won Pat airport in Guam, US
Korean travel retailer Lotte Duty Free has launched a new retail outlet at AB Won Pat International airport in Guam.The…
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Scottish retail sales declines in June: SRC and KPMG
Scottish sales fell by 1.1% in June 2014, compared with June 2013, when they had increased by 2.8%, according to…
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UK retail footfall dips in June: BRC, Springboard
Retail footfall in UK declined by 0.7% in June from a year ago, down on the 0.2% fall in May…
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Carrefour sales up by 5.2% in Q2
French grocery retailer Carrefour has witnessed 5.2% increase in the second-quarter (Q2) consolidated sales, at constant exchange rates, as against…
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India’s Aditya Birla Group plans retail business restructuring
India-based Aditya Birla Group has outlined plans to restructure its retail business and form a single listed company. Sources familiar…
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US retails up in June 2014: Commerce Department
Retail sales in US grow modestly in the month of June, as compared to the same period last year, according…
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UK retail sales declines in June: British Retail Consortium & KPMG
British retail sales growth fell sharply in June 2014 to one of its weakest rates in three years possibly in…