All articles by admin-demo

SuperValu to sell five retail grocery chains to AB Acquisition for $3.3bn

US-based grocery chain SuperValu has signed a definitive agreement with AB Acquisition to sell five of its retail grocery chains…
Lafayette, Wanda in race to acquire department store chain Printemps

French department store group Galeries Lafayette and Chinese conglomerate Wanda are in race to acquire department store chain Printemps for…
Falabella to open 231 new outlets by 2017, investment outlay of $3.9bn

Chilean department store chain Falabella plans to unveil 231 new outlets in the Latin American region by the end of…
Tesco posts 3.4% sales increase for 2012 holiday season

British retail major Tesco reported a 3.6% increase in like-for-like sales for the five-week holiday season ended 5 January 2013…
Adverse publicity hits Yum! hard in China, quarterly sales down 6%

Yum! Brands, the global operator of fast food chains comprising Taco Bell, Pizza Hut and KFC, has blamed the adverse…

McDonald’s UK to give away 15 million books as part of Happy Readers initiative

Fast food chain McDonald's will partner publishers and retailers in the UK to launch a Happy Readers initiative that seeks…
EU pushing for relaxed investment norms in Indian retailer sector

The European Union is pushing for relaxed norms for its investors looking to enter the retail sector in India, but…
Retail trade turnover down 0.1% to $21.5bn for November 2012

Australian retail trade turnover for the month of November 2012 was slightly down 0.1% to $21.533bn when compared to the…
Retailers urged to comply with new supplier payment code in UK

Major retailers in UK, including Sainsbury's and Morrisons, are amongst the British companies willing to adhere to the new guidelines…
Disappointing retail sales for December 2012 point to difficult times ahead says British Retail Consortium

Retail sales in UK declined 0.3% on a like-for-like basis for the month of December 2012 as traders battled sluggish…

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