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Best Buy aims to bridge the gender gap

Best Buy Tests New Appeals to Women As Best Buy Co. faces heightened competition from rivals Wal-Mart Stores Inc. and Amazon.com Inc., the largest U.S. electronics retailer is confronting a longstanding disadvantage: fewer women shoppers. Best Buy's customers and worker are ...

Harrods offers employees BA honours degree in retail sales

Oxford ... Cambridge ... Harrods? London store to offer BA honours degree in sales Traditionally, students may have boasted about earning degrees from Oxford or Cambridge. In years to come, though, a degree from the world-famous department store Harrods may feature on students' ...

Wal-Mart focuses on financial services

One more worry for banks: Wal-Mart America's biggest banks are in retreat, tightening lending, increasing fees, and closing branches. But one company still wants to become your neighborhood bank: Wal-Mart. While the banking sector has been in turmoil, Wal-Mart has aggressively ...

Metro puts Brake Pedal on Kaufhof sale plan as debt crisis hurts bidders

Metro puts Brake Pedal on Kaufhof sale plan as debt crisis hurts bidders Metro AG Chief Executive Officer Eckhard Cordes said he is in no rush to sell Kaufhof as bidders struggle to secure financing for a price that reflects the department-store chain s improvement. Metro has ...

Victoria's Secret plans first London flagship

Victoria s Secret takes wraps off London plan Limited Brands Inc. plans to open a flagship lingerie store at the corner of New Bond and Brook streets by 2012. It is the first full-line overseas store planned by the Central Ohio lingerie purveyor and the latest in a series of ...

Pick n Pay sees possibility of Wal-Mart entering South Africa

Pick n Pay sees possibility of Wal-Mart entering South Africa Wal-Mart Stores Inc. and other international retailers will possibly enter the South African market and have been very active in engagement with local operators, Pick n Pay Stores Ltd. Chairman Gareth Ackerman said. ...

International sales boost Tesco's bottom line

Tesco sees higher sales on robust international business British retail major Tesco saw sales climb 8.2 per cent for the thirteen weeks ended May, 2010, helped by good growth in the US and Asia. Tesco, which expects to open its first cash-and-carry store in India by the end of ...

Ikea to phase out incandescent light bulbs in US

Ikea to phase out incandescent light bulbs in U.S. Ikea, the Swedish furniture chain, will phase out all incandescent lights bulbs in U.S. stores starting Aug. 1, with the goal to eliminate them by the start of next year. The world s largest home furnishing retailer said it wants ...

Japan's Rakuten to acquire French online retailer PriceMinister

Rakuten to buy French online mall in global expansion Rakuten to pay $246 mln to acquire PriceMinister Japanese online mall operator Rakuten said on Thursday that it would buy French Internet retailer PriceMinister for 200 million euros ($246 million) in its latest move to expand ...

Tesco in talks to buy South Korean chain Kim's Club Mart

Tesco in talks to buy South Korean chain Kim s Club Mart Tesco is in talks to buy South Korean supermarket chain Kim s Club Mart, as it seeks to become the biggest operator in its largest market outside the UK. Home Plus, Tesco s South Korean business, said the details of the ...

Walmex identifies 300 cities for possible store openings

Wal-Mart De Mexico Eyes 300 New Cities For Growth - CEO Retailer Wal-Mart de Mexico SAB has identified 300 new cities in Mexico and Central America where it could open stores, in addition to seeing room for growth in its existing 348 cities, the company's top executive said ...

RT-Mart China said to seek up to $800 Million in Hong Kong IPO

RT-Mart China said to seek up to $800M in Hong Kong IPO RT-Mart China, the country s largest hypermarket chain by retail sales, may raise as much as $800 million in an initial public offering in Hong Kong, said two people familiar with the planned sale. The retailer will mainly ...

McDonald's to expand across India, China and South Africa

McDonald s targets emerging markets with restaurant openings McDonald s Corp., the largest restaurant chain, plans to open 100 more restaurants in South Africa and 120 in India over the next five years as the company seeks out further growth in emerging markets. The Asia-Pacific, ...

Visa to block some UnionPay services

Visa to block some UnionPay services From: China Daily Visa International, a unit of Visa Inc, the world s largest credit and debit card processor, has asked its global financial member institutions to stop international transactions through the State-owned China UnionPay system ...

Wal-Mart sees world cup sales boom in countries reaching final

Wal-Mart sees world cup sales boom in countries reaching final Wal-Mart Stores Inc., which has outlets in eight of the 32 countries competing in the soccer World Cup, anticipates sales will boom in those markets should their teams reach next month s final match. Revenue at stores ...

Tesco CEO to retire in 2011

Sir Terry Leahy to retire as Tesco boss Robert Lindsay Sir Terry Leahy said today that he would leave Tesco after 14 years as chief executive to be replaced next March by Philip Clarke, his head of international operations. Although there has been sporadic speculation about Sir ...

Disney opens one-stop shopping community in Guangzhou

Disney opens one-stop shopping community in Guangzhou China s first one-stop Disney consumer goods specialty zone has been opened at China Plaza, Guangzhou. With a total area of 1,000 square meters, the one-stop themed shopping area s design is based on many well-known Disney ...

Increased sales outside Spain help boost Inditex profit

Inditex profit surges 63% on expansion outside Spain Inditex SA, the world s largest clothing retailer, said first-quarter profit jumped 63 percent, beating analyst estimates, as the company increased sales outside its home market of Spain. Net income in the three months through ...

France's Auchan to raise funds by listing Chinese JV

Retailer Auchan plans to list Chinese unit French privately held retailer Auchan plans to list its Chinese joint venture to raise between 500 million euros ($671 million) and 670 million, Le Figaro newspaper said on Thursday without citing its sources. Auchan and its joint...

GM, Ford report record May sales in China

GM, Ford report record May sales in China From: Xinhua General Motors Co. and Ford Motor Co. reported double-digit growth in China sales in May and new monthly records. GM said Thursday sales by the company and its local partners totaled 196,400 vehicles and those by its main ...
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Latest World News

china

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 ...

world

market

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 ...

finance

company

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 ...

trade

sports

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 ...
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