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A unique model for supply has snared fashion label Zara accolades in the global fashion stakes. Here\'s how founder Amancio Ortega stitched up the number one spot.
Last week, Spanish clothing company Zara became the world’s largest fashion retailer when its first quarter sales rose 9% t... |
| Checkpoint Systems acquires RFID-based application software and middleware company OATSystems |
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Checkpoint Systems, Inc. has entered into a definitive agreement to acquire OATSystems, Inc., the leader in RFID-based application software and middleware. The all-cash transaction is expected to close within two weeks and Checkpoint expects the transaction to be dilutive to earnings per share throu... |
| Romania: Retailers continue expansion on a rising market |
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By the end of 2009, the company will open hypermarkets in Oradea (western Romania), Buzau (southern Romania), Sibiu (center), Deva (center), Braila (south), Iasi (east), Constanta (south-east) and Bucharest.
International retail companies active on the local market opened in H1, 2008 over 256 sh... |
| Shoppers to get a ‘Bargain’ at SAAN |
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The Bargain! Shop.
The Bargain! Shop chain put forth a bid to buy 93 SAAN locations across Canada after the clothing retailer went bankrupt, forced to liquidate merchandise and shut down all stores.
“The store in Flin Flon is on our list to acquire, so our expectation would be that we woul... |
| Russia’s LUKOIL buys Turkish oil retailer |
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Russia’s second largest oil producer LUKOIL has bought 100% in Turkish oil product retailer Akpet, which has a 5% market share, the company said on Monday.
LUKOIL said the acquisition gives it access to eight oil product terminals, five liquefied natural gas (LNG) storage tanks, thr... |
| Carrefour does not plan China or Brazil sales |
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France\'s Carrefour (CARR.PA: Quote, Profile, Research), the world\'s second biggest retailer, has no plans to sell its activities in China or Brazil, its chief executive said on Monday.
At a shareholders\' meeting called to approve a change in the management structure so Jose Luis Du... |
| Bankruptcy raises doubts about retailer |
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When a 30,000-square-foot Steve & Barry\'s opened in Marketplace Mall just before Memorial Day, mall officials hoped that the hip, discount retailer would strengthen the mall.
Steve & Barry\'s, regarded then as one of the fastest growing retailers in the country, took over vacant space ... |
| Starbucks: No Perking Up |
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The recent closing of 600 stores is just the beginning of the fall for this bloated coffee chain. Pro or con?
Once upon a time, Starbucks (SBUX) had star quality. Twelve months after going public in 1992, the Seattle-based retailer opened its 275th location. A decade later, the brand was a bona... |
| RPT-Gitanjali Gems unit buys jewellery retailer |
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Jewellery maker Gitanjali Gems Ltd (GTGM.BO: Quote, Profile, Research) said on Thursday its unit, Gitanjali Lifestyle Ltd, has acquired B Vijay Retail Ventures Pvt Ltd.
Financial details of the deal were not disclosed.
B Vijay, which owns the \'HooP\' brand, retails gold, silve... |
| Sam's Club grows in El Monte |
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EL MONTE - The biggest retailer in the world is poised to leave a super-size footprint in the San Gabriel Valley.
The Sam\'s Club on Santa Anita Avenue has been completely demolished - along with about 500,000 square feet of other retail space - to make way for a bigger 137,716-square-fo... |
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