industry

Wal-Mart Considers Selling Yuan Bonds in Hong Kong Wal-Mart Stores Inc., the world s largest retailer, is considering selling yuan bonds in Hong Kong as China opens its markets, according to Asia Chief Executive Officer Scott Price. The company is considering options that may ...
Korea s E-Mart to open 100 new stores in China by 2015 Although it entered the Chinese market 13 years ago, the development of South Korea s E-Mart has been slow. However, its newly appointed China president has stated that it will accelerate its expansion and will open 100 new ...
Inditex Looks To Open 20-25 Stores In India By 2013 - CEO Spanish fashion retailer Inditex SA is planning to open between 20 and 25 Zara stores in India over the next three years, as it gets to know Asia s second-biggest market better, its chief executive said Wednesday. While ...
Alibaba's Profit Jumps As Members Increase Business-to-business Internet company Ali baba.com Ltd. on Tuesday said its fourth-quarter net profit rose 49% as members and revenue increased. Chief Executive David Wei said the company will continue to invest in technology and talent ...
PayPal targeting small businesses PayPal Inc., the payment processor owned by eBay Inc., plans to introduce a cheaper way for businesses to handle online transactions that are less than $10, a company executive said. PayPal will let companies accumulate so-called micropayments ...
Carrefour faces uphill struggle with Belgian revamp French retailer Carrefour faces a battle to revive its troubled Belgian unit, with trade unions fighting planned job losses, rivals likely to respond to price cuts and few buyers if it all goes wrong. Restructuring charges, ...
Wal-Mart to expand its financial services Wal-Mart Stores Inc., years after a failed effort to obtain a bank charter, plans a 50% increase this year in the number of the company's stores offering bank-like services. The expansion would push the number of Wal-Marts with "Money ...
Home Depot shrinks its energy bill From: Forbes The home improvement retailer makes headway on its plan to cut energy use by 20%. The Home Depot has already cut its energy use 16% since 2004. But that's not enough. The home improvement retailer wants to push that reduction ...
Carrefour losing market share in overseas markets As France-based retail giant Carrefour saw severe losses in its overseas markets last year, its dominant position in China is also being threatened, according to a Beijing Business News report last Thursday. Although Carrefour ...
Starbucks to enter China s tea drinks market American coffee retailer Starbucks has announced in Shenzhen that it has formally launched nine kinds of tea drinks in China, marking this coffee shop chain s entry into the huge Chinese tea drinks market. These nine tea drinks include ...
Myer earnings slump 74% on initial share sale costs Myer Holdings Ltd. s first-half earnings fell 74 percent on costs from the November initial public offering of Australia s biggest department-store chain. Net income dropped to A$21.3 million ($19.5 million) in the six months ...
L Oreal s 2009 sales in China up 17.6% L'Oreal Group, the global cosmetics group, has announced in Shanghai that it made revenues of CNY8.18 billion in mainland China in 2009, a year-on-year increase of 17.6%. This is reported to be the ninth consecutive year that the French firm ...
Costco Cracks Taiwan Market U.S. wholesale club builds sales by tailoring big box retailing to local tastes The Costco Wholesale Corp. store here could easily be mistaken for one of its giant U.S. outlets, except for the long line of customers one afternoon snaking outside the ...
Why Macy s is banking on fashion celebs, digital this spring Macy s has been serving up fashion advice via a series of irreverent celebrity-studded Web videos. The department store, which saw same store sales increase 3.7 percent in February, has tapped style gurus like Martha ...
Tesco appoints new clothing chief From: The Financial Times Terry Green is being replaced as Tesco's clothing chief by a former J Sainsbury executive, as Britain's biggest retailer looks to revive its 1bn clothing business. The clothing veteran, a close friend of retailing ...
H&M boosted by strong spring collection Hennes & Mauritz [H&M], the Swedish fashion chain, said that a strong spring collection helped it beat expectations for first quarter profit. The chain said that pre-tax profit between December and February was 5.1bn Swedish crowns ( 461m), ...
Wal-Mart to open first Sam s Club in Shanghai The American retail giant Wal-Mart has signed a cooperation agreement with the commercial real estate firm Shanghai You You Group to open Wal-Mart s first Sam s Club in Shanghai. Located in You You Trade Center, a project developed by ...
Wal-Mart Ramps Up Online Efforts Globally Retailer Has Large Operations Overseas, but Web Sales Lag Behind Those of Some of Its Major Competitors Like Amazon Wal-Mart Stores Inc. is stepping up its international e-commerce expansion, looking for staff, talking to vendors and ...
EBay adding fashion to mix with microsite EBay Inc. may be the biggest online clothing seller, but it's still known for selling other people's cast-offs. Now it wants shoppers to think of it when looking for trendy duds like hipster jeans and red ballerina flats. The San Jose ...
Uniqlo eyes Russian gateway to India, Brazil * Eager to tap high-growth Indian, Brazilian markets * Succeeding in Russia key for such a move * Plans to open 10 stores in Moscow by 2013 Japanese clothing retailer Uniqlo may enter the high-growth markets of India and Brazil in ...
Page 468 of 1263 |< << 464 465 466 467 468 469 470 471 472 >> >|
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...