Is the multichannel retail model more crucial now than ever before?

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 to to Talisker Plumbing for C$215m ($208m).

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, including China, Turkey and Kuwait.

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 on Fire and Building Safety in Bangladesh.

Starbucks Coffee to have 241 stores in Malaysia by 2017

Starbucks Coffee, an American global coffee company and coffeehouse chain based in Seattle, plans to operate a total of 241 stores in Malaysia over the next four years.

Reviewed Financial Results of Innscor Africa Limited for the year ended 30 june 2013

The Holding Company’s Directors are responsible for the preparation and fair presentation of the Group’s consolidated financial statements, of which this press release represents an extract. These financial statements have been prepared in accordance with International Financial Reporting Standards and in the manner required by the Companies’ Act (Chapter 24:03). The principal accounting policies of the Group are consistent with those applied in the previous year.

Indian coffee chain Café Coffee Day to open 500 outlets by 2015

Café Coffee Day, an Indian coffee shop chain, is gearing up to open 500 new cafes over the next three years to expand its footprint in its home market.

UK retail major Arcadia Group to open 185 outlets by August 2014

Arcadia Group, a British retail giant owned by Sir Philip Green, is keen to expand its business into new international markets by launching 185 franchisee outlets by August 2014.

Casual apparel retailer Aeropostale selects Liverpool to expand into Mexico

Aeropostale, a mall-based specialty retailer of casual apparel and accessories for young women and men, has signed a licensing deal with Distribuidora Liverpool to launch the Aeropostale brand in Mexico.

Dunkin' Brands to open 100 restaurants in Middle East by 2018

US-based food retailer Dunkin' Brands Group has chalked out a massive Middle East expansion plan under which the company plans to launch 100 outlets over the next five years.

UK shop prices record steepest fall in June since February 2007

Shop prices in the UK reported annual deflation fall of 0.2% for June 2013, a steepest fall since February 2007, according to British Retail Consortium (BRC).

UK retailer Asda introduces new checkout equipment Rapid Scan Till

British supermarket chain Asda has introduced a new scanning technology, Rapid Scan Till, at its York Superstore in North Yorkshire, England.

Apparel retailer Madura Fashion plans Planet Fashion Grande expansion in India

India-based clothing retailer Madura Fashion & Lifestyle (MFL), a subsidiary of Aditya Birla group, has outlined plans to expand its new brand Planet Fashion Grande by opening 50 new stores across the country over the next three years.

Kid Brands sells Russ, Applause brands to Larsen and Bowman

Kid Brands , a designer, manufacturer and marketer of branded infant and juvenile products, has divested the ‘Russ’ and ‘Applause’ trademarks and trade names and associated goodwill to Larsen and Bowman for $1.25m.

Retailers back Bangladesh safety pact

A group of 70 retailers have agreed with legally binding safety pact since May 2013 committing their support to improve working conditions in Bangladesh clothing factories.

Verizon retailer TCC, J-Lo partner to roll out Viva Movil stores

The Cellular Connection (TCC), a US-based Verizon Premium Wireless retailer, in partnership with entertainer Jennifer Lopez, is set to launch Viva Movil chain of wireless stores.

Kroger inks $2.5bn agreement to acquire Harris Teeter Supermarkets

The Kroger Company, an American retailer, is set to acquire all the 212 stores of Harris Teeter Supermarkets in a $2.5bn definitive merger agreement.

Yum! Restaurants India to have 1,000 restaurants by 2015

Yum! Restaurants India, a subsidiary of American franchise giant Yum! Brands, has outlaid an aggressive expansion plan to increase its domestic retail network by two-fold to 1,000 by 2015.

Microsoft plots retail network global expansion

Microsoft, an American software giant, is mulling to aggressively expand its retail store network across the globe with plans to have more than 100 stores by 2014.

Philippine Seven plots 200 7-Eleven store expansion in Visayas

Philippine Seven, a franchisee of 7-Eleven convenience store chain, is gearing up to open about 200 outlets in the Visayas Islands, Philippines over the next two years.