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Yue Yuen to list its retail unit
Yue Yuen Industrial Holdings Ltd., the world's largest maker of athletic footwear by output, plans to raise US$400 million to $600 million by splitting off and listing its retail unit in Hong Kong, a person familiar with the situation said. Read More |
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Tesco takes three-month breather on US expansion plans
Tesco PLC has called a three-month hiatus on its US expansion programme to 'kick the tyres' and smooth out the wrinkles following the opening of its first 59 Fresh & Easy stores. Read More |
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Tesco Plans Russian Stores, Real-Estate Companies Say
Tesco Plc, Britain's largest supermarket chain, plans to open its first Russian stores as wages and consumer spending surge, three real-estate advisers who have held talks with the retailer in the country said. Read More |
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Russia: X5 Retail says to buy Kama Retail for 18 mn USD
X5 Retail Group NV said it has agreed to buy Kama Retail Co, a Pyaterochka franchisee in the Perm region, for about 18 mn USD including debt. Read More |
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US: New Shopko stores seek niche in retail middle ground
The Green Bay-based discount chain this month opened its first new store in more than six years in the Brown County suburb of Suamico. Two more will follow this year in Sussex and North Branch, Minn. Read More |
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Disney to take back namesake retail outlets
Disney said its North American stores, which it had sold because of anemic performance, would play an important role in extending the Disney brand and would serve as a launching pad for the company's growing number of creative franchises. Read More |
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Middle East: Al Futtaim raises bid for Robinson
Al Futtaim, which operates nine Marks & Spencer stores in the Middle East, hopes to gain control of Robinson's seven clothing stores operating under the brand in Singapore as well as its department-store chains. Read More |
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Wal-Mart to buy rest of money-losing Japanese retail chain Seiyu
Wal-Mart to Buy rest of money-lLosing Japanese retail chain Seiyu TOKYO (AP) -- Wal-Mart Stores will buy the rest of Japanese chain Seiyu as the U.S. retail giant seeks the flexibility it says it needs to turn around the money-losing supermarket operator. Read More |
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