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| INDIA: Retail garment store chain planned by Aditya Birla Nuvo |
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The Aditya Birla group company Aditya Birla Nuvo is planning to open a retail garment store chain in the country with an investment of Rs 400 crore.
The garment store chain will be named after the company’s men’s apparel brand Peter England. This store will have some association with Peter ... |
| Hong Kongs New World Department Store to operate new store in Wuhan, China |
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New World Department Store China Ltd (NWDS, 825.HK), said it has entered to an agreement with an independent third party to manage and operate a new department store in Wuhan, China.
The new store, with total gross floor area (GFA) of 30,000 square metres (sq.m), is expected to begin operations ... |
| Regulator knocks back Woolies bid for retailer |
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THE New Zealand competition regulator rejected retailing giant Woolworths's proposed takeover of a Kiwi retailer on concern it would destroy a vital "third maverick player" in the supermarket industry.
The Commerce Commission on Friday explained the reasons for its decision, three weeks after ... |
| Starbucks stalls India plans |
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Starbucks Corp., which is relying on international expansion as part of its growth plan, has reversed course and put off plans to enter India.
The decision comes just four months after company executives at an annual meeting in Seattle said Starbucks would be in India, the world's second-most po... |
| Wal-Mart plans store in Oakley |
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Wal-Mart, the most successful and most controversial retail chain in U.S. history, has submitted an application to the city of Oakley for the development of a supercenter.
The mega-retailer would be one of three anchor tenants in River Oaks Crossing, a 76-acre retail project along the Cline viney... |
| Carrefour China lets staff set up trade union |
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Retailer Carrefour yesterday announced the opening of a trade union to cover its five outlets in the city. The organization, which is the company's first in Guangdong Province, will have a branch in each outlet and represent some 590 employees. It will be chaired by Li Wenkai, a department manager ... |
| Casino becomes Exitos majority shareholder |
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Casino acquired yesterday 51,250, 868 shares of Exito, representing 21.9 % of the share capital of the company for a price of COP 13,052 (equivalent to €4.61) per share. As a result of the transaction, Casino is now Exito’s majority shareholder with 61.5% of the share capital of the company.
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| Ground-Breaking Announced for Bass Pro Shops in Rossford |
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It's the day a lot of people, especially fishing fans, have been waiting for. Rossford city officials tell News 11 the official ground-breaking for the new Bass Pro Shops store at the Crossroads of America development will happen on August 22nd.
The development will go at the intersection of In... |
| MOL intensely resisting OMV takeover |
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OMV CEO Wolfgang Ruttenstorfer announced on July 19 that the company has not given up its designs on MOL. "We will not give up, we are not under any time pressure," he told Austrian radio. He said he was still convinced that an alliance with MOL could increase energy security in Central Europe and... |
| HMV considers buying stores of defunct rival Fopp |
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HMV, the music group, is considering buying a handful of stores from the administrator to collapsed rival Fopp.
The retailer is also looking at buying the Fopp brand, according to a report in today's Retail Week.
About 700 employees lost their jobs when Fopp went bust last month and called in... |
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