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| 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... |
| Wal-Mart Sells Japan's First Retailer Samurai Bonds Since 1979 |
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Wal-Mart Stores Inc., the world\'s largest store operator, sold Japan\'s first samurai bond from a retailer since Sears, Roebuck and Co. offered yen-denominated notes in 1979.
Wal-Mart sold a combined 100 billion yen ($928 million) in fixed-rate bonds of three- and five-year maturities... |
| Swatch buys stake in Rivoli |
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Watch manufacturer Swatch yesterday announced the acquisition of a stake in GCC luxury goods retailer Rivoli.
\"Our investment in Rivoli cements the long-term partnership we have shared for over two decades and will be not only beneficial to both parties but also to the consumer in the re... |
| Delta buys Albanian retailer |
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Delta Holding\'s retail unit Delta Maxi has acquired Albania\'s Euromax, reports say.
The contract has still not been verified by the Albanian anti-monopoly bodies, the Serbian Chamber of Commerce said on its website, quoting Albanian media.
Euromax exports and imports of mostl... |
| Myer to unveil Middle East expansion |
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A further four stores will be rolled out over the next five years across the Middle East.
The ABC reports the venture is in 50-50 partnership with Dubai\'s ruling family.
Myer says the first store could be open by the end of next year.... |
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