Big C to invest $272m on 200 new outlets in Thailand
Thai retailer Big C Supercenter has outlined plans to invest THB8bn ($272m) to expand its retail portfolio with the launch…
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admin-demo
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Walmart to accelerate Chinese expansion with 30 new stores in 2013
Walmart Stores has outlined plans to accelerate expansion in the Chinese market with the launch of 30 new outlets in…
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Aldi to invest $2bn on 115 new outlets in Australia
Germany-based supermarket chain Aldi has outlined plans to invest nearly $2bn to expand its retail network in the Australian market.The…
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Retailer Aeon to increase stake in Daiei
Japan-based retailer Aeon is set to increase its stake in retail chain Daiei from 19.9% to 44.2% by making an…
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Sainsbury’s to open 50 convenience stores across London, South East
UK-based retail major Sainsbury's has outlined plans to expand its convenience store line 'Local' with the addition of 50 new…
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Tesco bets big on online shopping
Tesco has outlined plans to expand online services to its major markets including China, Thailand and Turkey, as the UK-based…
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Tiffany & Co reports worldwide sales of $3.8bn for FY2012
Multinational luxury jewelry retailer, Tiffany & Co, has reported worldwide net sales of $3.8bn for FY2012, ended 31 January 2013.…
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US Senate passes Marketplace Fairness Act, brings parity to retail space
The US Senate gave its approval to the amendments of the Marketplace Fairness Act. Amendments to the statute will now…
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Retail volumes, spending increase 2.6% for February 2012
The amount spent in the retail sector for the four week period stood at £25.4bn with the prices of goods…
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Business rate increase disappoints UK retailers, says British Retail Consortium
The third consecutive year of increase in business rates has disappointed retailers in UK, says the British Retail Consortium (BRC).…