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| RELIANCE RETAIL ties up with IBM |
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In India, IBM has tied up with Reliance Retail to provide IT solutions. These will include programmes for managing deliveries, instore solutions as well as head office systems. The entire project is expected to be completed by June 2008. Moreover, according to speculation in local media, Reliance Re... |
| Abercrombie to open Tokyo store in 2009 |
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Months after entering the London shopping scene, Abercrombie & Fitch Co. has outlined plans to be in Tokyo by 2009.
The New Albany-based retailer said Tuesday it has signed a lease for a store in Tokyo's famous Ginza shopping district, set to open in late 2009. It would become the apparel merch... |
| Metro unfazed by entry |
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German retail giant Metro AG appears unperturbed over the entry of the world’s largest retailer, Wal-Mart, into India’s wholesale cash & carry business through a joint venture with Bharti Enterprises. The company feels that it has the first mover advantage and is now gearing up to face the compe... |
| India: Pantaloon to set up small stores, partner foreign cos |
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Pantaloon Retail India, the country's top listed retailer, is launching small and large stores and the group is exploring deals with foreign partners to take on growing competition, its chief executive said on Monday.
The group is looking at joint venture opportunities with foreign firms in the ... |
| Germanys Aldi arrives on local market |
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German-based company Aldi, the world's tenth-largest retailer, which boasts a global turnover in excess of 39 billion euros, has entered the Romanian market by setting up a firm that is entirely controlled by an Austrian subsidiary of the group, Hofer.
Market sources maintain that the German re... |
| Trader Joes almost ready |
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1st store in Charlotte will open Aug. 17 in Piper Glen
The wait is almost over for fans of Trader Joe's. The first Trader Joe's in Charlotte, at the Shops in Piper Glen, 6418 Rea Road, will open Aug. 17, says company spokeswoman Alison Mochizuki.
The 12,500-square-foot store will kick off wi... |
| Merkator to Enter Romania Market |
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Slovenian retailer Mercator Poslovni Sistemi d.d. will open at least 15 new stores in the Balkans during the next two years to cement its position as the largest retailer in southeastern Europe, according to Bloomberg.
"We are very much interested in the ... |
| Costa comes to Serbia and other international news |
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The Costa coffee bar chain is to open its first store in Serbia. The Whitbread owned company has signed a contract with Serbian retailer Delta Sport and aims to have 70 Costa stores in place within the next five years.
As franchise partner of Costa, Delta Sport will open outlets in Croatia, Macedon... |
| MOL still wants INA stake, wont go hostile |
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Hungarian oil and gas company MOL (MOLB.BU: Quote, Profile, Research) said on Friday it continued to be interested in boosting its stake in Croatia's INA but would not make a hostile public bid for INA shares.
Last month the Croatian government approved the sale of seven percent of INA (INA.ZA: ... |
| In A Big Win For HP, Wal-Mart Chooses Neoview Data Warehouse |
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When it comes to getting an early endorsement of a risky product introduction, it doesn't get much better for a technology vendor than this: Wal-Mart has chosen Hewlett-Packard's fledgling Neoview data warehouse for business intelligence across its 4,000 U.S. stores, the companies announced Wednes... |
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