Rabobank estimates 4,000 coffee shops in India by 2015
Netherlands-based financal services provider Rabobank says that the Indian coffee-retail sector is expected to grow to an estimated 4,000 outlets…
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Dutch food company Vion to divest UK businesses
Dutch food processing company Vion Food Group has plans to divest all its businesses in UK and return to its…
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Best Buy looks to improve online revenues
Electronics retail major Best Buy is looking to bolster its online customer services to increase its online business revenues to…
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Ikea regrets inability to prevent use of forced labour by suppliers
Sweden-based furniture retailer Ikea has expressed regret for the purchase of inventory from suppliers who had employed political prisoners in…
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Consumer spending in Australia falls 1.2% in October: Commonwealth Bank
Australia's seasonally adjusted consumer spending in October 2012 dropped 1.2%, as per the latest data by Commonwealth Bank's (CBA) Business…
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Macy’s Retail Holdings prices public offering of senior notes for $1bn
Macy's Retail, a wholly-owned subsidiary of Macy's, has priced the public offering of senior notes for proceeds of $1bn. The…
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PayPal introduces new in-store payment option in Australia
E-commerce payment company PayPal has launched new in-store payment called 'PayPal Here API' in Australia that would allow retail customers…
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Ex-chairman Michael Ying acquires additional 5.54% in Esprit
Ex-chairman of fashion and lifestyle retailer, Esprit Holdings, Michael Ying has acquired an additional 5.54% stake in the company and…
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Starbucks Coffee set to acquire specialty retailer Teavana
US-based coffee retailer, Starbucks, has agreed to acquire specialty tea retailer Teavana for $620m to expand its Tazo business. The…
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US retailers to go ahead with Black Friday plans despite workers concerns
US retail majors including Target, Walmart, Sears, Toys R Us and Kmart have all announced plans to advance the 'Black…