J Sainsbury posts second straight fall in quarterly underlying sales
British supermarket chain J Sainsbury has said that its like-for-like retail sales fell 1.1% , excluding fuel, for the first…
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Walmart.com CEO to quit
Joel Anderson will step down as president and CEO of Walmart.com, the e-commerce division of Walmart later this month, to…
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Duty-free operator Dufry to acquire Nuance Group for $1.72bn
Swiss duty-free operator Dufry has entered into an agreement to acquire 100% stake in The Nuance Group, for $1.72bn on…
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Discount retailer Dollar General profits up in Q1
Discount retailer Dollar General reported a net income of $222.40m or $0.72 per share for the first quarter, higher than…
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Inditex to launch Stradivarius brand in London
Spanish fashion retailer Inditex has firmed up plans to launch its Stradivarius women's clothing business in London.Stradivarius is a clothing…
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Germany retail sales down in April 2014
German retail sales fell unexpectedly in April after rising for three consecutive months, according to the date from Destatis.Retail sales…
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Home improvement retailer Kingfisher profits up in Q1
European home improvement retailer Kingfisher reported a rise in profit and total sales for the first quarter (Q1), aided by…
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UK retail sales up in May: CBI
British retail sales increased for the sixth straight month in May, but at a slower pace than in April, according…
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Japan retail sales decline 13.7% in April 2014
Japan retail sales in April declined 13.7% from the previous month, exceeding the previous estimations of 11.7%, according to the…
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Tesco, China Resources to establish multi-format retail business
Tesco, a UK-based retail major has concluded the joint venture agreement with the state-run China Resources Enterprise (CRE) to launch…