| Business |
| Business related information |
| Argos buys Alba |
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Alba, the low-cost electrical goods company, has sold its own brand name to high street catalogue retailer Argos in a £15.3m deal that will require it to take on a new corporate identity, writes Michael Kavanagh.
The deal with Argos owner Home Retail Group will see longstanding electrical ... |
| Chile retailer D&S plans stores in Peru in 2009 |
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Chile\'s largest domestic supermarket operator D&S said on Wednesday it would open stores in neighboring Peru in 2009, testing the waters in a first-step regional expansion with low and medium-cost outlets.
D&S DIS.SN (DYS.N: Quote, Profile, Research, Stock Buzz) Chief Executive Enrique O... |
| Aldi approved |
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Multi-national supermarket chain Aldi will open its doors in Yass next year.
The German retailer plans to add Yass to its growing list of Australian stores in September after receiving the green light – but not without conditions – from Yass Valley Council.
Councillors held a two-ho... |
| RP among top marts for retail development |
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Global retailers are encouraged to pursue expansion into emerging markets, particularly Asian countries like the Philippines, to sustain sales growth and profits even in the face of economic turbulence.
This advice was given to large retailers by A.T. Kearney, an international management c... |
| Tesco challenges Argos with catalogue outlets |
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Tesco is to take on the catalogue giant Argos by installing catalogue checking self-service terminals at all its new non-food Homeplus stores.
The UK\'s biggest retailer will introduce Argos-style shop-in-shops, with an enlarged area for stocking products for immediate collection, a... |
| Slovene government unlikely to buy a Mercator stake |
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Slovenia is not likely to buy a share in Mercator (MELR.LJ: Quote, Profile, Research, Stock Buzz), the country\'s largest food retailer, whose shareholders will put on sale a majority stake, the expected new economy minister said on Wednesday.
\"I see no reason for Slovenia to buy Merca... |
| Slovenia mulls strategic team-up with Hungary's MOL - paper |
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The Slovenian government has approached Hungary\'s MOL with an offer for strategic co-operation regarding fuel retail and wholesale company Petrol, daily Dnevnik reported. Petrol has been rumoured to team up with MOL several times already.
MOL is in talks with the Slovenian government, but th... |
| Fresh & Easy Opens 100th Store on One Year Anniversary |
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Fresh & Easy Neighborhood Market today opened its 100th store only one year after launching its business on the West Coast of the United States. Elected officials, hundreds of customers and neighbors in Fullerton, California joined Fresh & Easy CEO Tim Mason to mark the event. Just one year after of... |
| Clothing retailer Harold's now says it's closing |
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The chief executive officer of Harold\'s Stores Inc. said Tuesday the upscale clothing retailer will be closing all of its stores.
The company had filed for Chapter 11 bankruptcy protection on Friday, estimating assets and liabilities between $10 million and $50 million in the filings.
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| Circuit City files for Chapter 11 |
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Circuit City, the electronics retailer, whose red and white signs are a familiar part of shopping malls across America, filed for bankruptcy protection yesterday, admitting it was struggling to persuade suppliers to keep its stores in stock for the holiday season.
With more than 700 stores ... |
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