SuperValu Q2 net sales decline 4.6% for Q2 in 2012
US-based grocery chain SuperValu has posted a 4.6% decline in net sales to $8bn in the second quarter of 2012…
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Global commercial spending surpasses $109.1 trillion: Visa
Global commercial spending surpassed more than $100 trillion for the first time ever, according to global payments technology company Visa.…
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Online retailer eBay posts double digit growth for Q3 in 2012
American online retailer eBay has posted double digit revenue growth in the third quarter of 2012 as more consumers shopped…
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September retail sales growth in Scottish lags behind UK: SRC
Scotland's monthly retail sales rose by 1% in September 2012 but continue to lag behind those for overall UK, according…
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Singapore retail sales up in August 2012
Singapore's retail sales grew 3.2% year-on-year in August 2012, up from the 0.4% rise seen in July said the data…
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Gap plans global brand structure to further growth prospects
Global specialty retailer offering clothing, accessories, and personal care products, Gap unveild a new global brand structure to further the…
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Advent International bids to acquire Douglas Holding
US-based Advent International through its investment vehicle has launched a $2bn bid for German-retailer Douglas Holding.Douglas Holding's founding family -…
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Walmart faces striking workers, plans measures to arrest further damage
US retail major Walmart has formulated a comprehensive response to the labor strikes that the company faced over in the…
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LS Tavel Retail, Travel Food Services form joint venture
The JV will explore duty free retail opportunities at Indian airports in cities of Mumbai, Kolkata, Chennai and Bangalore, reported…
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Walmart, American Express to launch Bluebird bank account
Retail major Walmart and a global services company, American Express, will launch Bluebird, an alternative to debit and checking accounts…