Six Danish retailers sign Bangladeshi safety accord
Bestseller, IC Companys, DK Company, PWT Group, COOP Denmark and Danish Supermarket have agreed to sign the new International Accord…
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Indian diary giant GCMMF plans to have 10,000 Amul Parlors by 2014 end
The Gujarat Cooperative Milk Marketing Federation (GCMMF), an India-based milk co-operative operating under the Amul brand, plans to increase Amul…
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Esquires Coffee plots global expansion
Esquires Coffee Houses, a Canadian coffee store chain, is gearing up for global expansion of its retail network in markets,…
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Rona inks agreement to sell Commercial and Professional Market division
Rona, a home improvement retailer based in Canada, has signed an agreement to sell its Commercial and Professional Market division…
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American automaker GM plots Chinese expansion for Cadillac brand
General Motors (GM), a US-based automobile manufacturer, has outlined plans to increase its store count to 200 in China for…
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UK food producers, grocers to adopt front of pack labelling scheme
UK food producers and grocery chains have agreed to introduce traffic light-format labels on food products in line with Department…
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UK retail footfall drops 0.7% in May 2013: BRC
British Retail Consortium (BRC) reported that the UK retailers witnessed a 0.7% drop in footfall for the month of May…
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Croatian retailer Agrokor signs agreement to acquire Mercator for €240m
Croatian retail giant Agrokor has signed a sale and purchase agreement with a consortium to acquire 53.1% stake in Slovenian…
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US retail sales grew 4.8% year-on-year in May 2013
US retail sales, excluding automobiles, gas stations and restaurants, were up by 4.8% for the month of May 2013 compared…
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Sobeys to acquire Canada Safeway for C$5.69bn
Canadian food retailer Empire Company's wholly owned subsidiary Sobeys is set to acquire supermarket chain Safeway's Canadian business for C$5.8bn…