Sports Direct to launch stores in Australia, New Zealand
British sporting goods retailer Sports Direct International will open three new flagship stores in Australia and one in New Zealand.…
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UK shop prices decline at the steepest rate in June – BRC-Nielsen
Shop prices in the UK tumbled for a 14th consecutive month in June and at their steepest level since December…
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PetSmart major shareholder mounts pressure to consider sale
PetSmart's leading shareholder Longview Asset Management has been mounting pressure on the retailer to consider a potential sale or other…
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New Zealand retail electronic cards spending flat in June
Retail electronic cards spending in New Zealand remained flat in June 2014, according to Statistics New Zealand.Retail spending, adjusted for…
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Spencer’s Retail to open 80 hypermarkets across India
India's Spencer's Retail has outlined plans to open 80 hypermarkets across India with an estimated outlay of INR2.5bn ($41.8m).The investment…
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Eurozone retail sales flat in EA18, down fell by 0.1% in EU28: Eurostat
Retail sales volume fell by 0.1% in EU28 in May compared to March. Retail trade decreased by 0.2% in the…
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Mothercare rejects Destination Maternity £266m takeover offer
UK-based clothing retailer Mothercare has rejected two takeover approaches from Destination Maternity saying the bid undervalued the company.Destination Maternity, the…
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Carphone to divest Virgin Mobile France for €325m
Carphone Warehouse Group, UK's independent mobile phone retailer, and entrepreneur Richard Branson's Virgin Group have agreed to sell Virgin Mobile…
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Wal-Mart launches online business in India
American retail major Wal-Mart has launched its online wholesale platform in India, offering the service in Hyderabad and Lucknow.The virtual…
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American Apparel adopts stockholder rights plan to prevent takeover by ousted CEO
American Apparel has adopted a one-year stockholder rights plan to prevent the ousted chief executive Dov Charney from gaining control…