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Starbucks faces coffee-cup recycling challenges: Coffee-cup recycling brims with obstacles Toss out a coffee cup in most parts of the country, and it becomes landfill. Many areas do not recycle. Even when they do, most shun paper coffee cups because of their plastic accompaniments: the lid and the thin lining that protects cups ...

Guess founder Customers in Europe and Asia are still spending: European Consumers Still Spending: Guess Founder Guess shares have been punished as investors fret about its North American business, but sales are holding up well outside of the U.S., according to Maurice Marciano, the apparel company's chairman and founder. Although the ...

Estee Lauder expects significant growth in online sales: Est e Lauder focuses on international e-commerce The retailer expects online sales to climb by double digits for the foreseeable future. Est e Lauder Cos. Inc. says it expects double-digit online growth for the foreseeable future, in part, from the launch and expansion of ...

GM China s auto sales up 19.2% in August: GM China s auto sales up 19.2% in August From: Xinhua GM China, the Chinese subsidiary of U.S. carmaker General Motors, said last Thursday its auto sales in August in China rose 19.2 percent from a year earlier to 181,625 units. The August figure brought sales in the first eight ...

Gap banks on international expansion: Gap tops quarterly profit estimates, unveils buyback Gap Inc. reported better-than-expected quarterly profit late Thursday and unveiled a big stock-buyback plan. Gap said its fiscal second-quarter net income came in at $234 million, or 36 cents a share. That compares with net ...

Tesco pilots click and collect shopping: Tesco is launching the nation s first drive thru supermarket service today (23 August) to help its customers manage their time. The supermarket is targeting customers that are too busy to visit the supermarket or wait for online grocery orders to be delivered. The click and ...

Uniqlo expands operations in South Korea: Budget attire maker Uniqlo gears for expansion Japanese retailer Uniqlo is aggressively expanding its Korean operations, with plans to open five new large stores in Seoul, Busan, Ilsan and Suwon in the second half of the year. As it competes with H&M and Zara in the Korean market...

Adidas opens first official e-retail site in China: Adidas launches an online store on China s TaoBao.com Athletic footwear manufacturer Adidas Group today opened up a flagship online store on Taobao Mall, China s massive e-commerce marketplace. The store will serve as the retailer s lone official online retail channel in China. ...

Target is betting on fresh foods and 5% discounts: With Growth and Income Target Could Be a Bull's-Eye Over the past two decades, Target, the big Minneapolis-based discounter, defined the concept of cheap chic. The strategy worked splendidly until the financial meltdown of 2008-09 when America headed for Wal-Mart, which offered ...

Lotte's 1st Chinese single ownership store to open in Tianjin in 2011: Lotte s 1st Chinese single ownership store to open in Tianjin in 2011 The South Korean department store retailer Lotte has announced its new strategy for the Chinese market, stating that it will accelerate its expansion in China and will open its first Chinese single ownership ...

Mango hopes to open up to 300 stores a year in China: Mango aiming for one new store opening a day From: Reuters Spanish retailer Mango is aiming to open a store a day worldwide with 200 or 300 stores a year in the fast-growing Chinese market alone, its founder and chairman was reported as saying by financial daily Expansion last ...

Sainsbury's looks to China for growth: Sainsbury s explores idea of branching into China Chinese venture would pit grocer against Tesco Elsewhere in sector, competition hots up with Waitrose launching price-match campaign Sainsbury's is looking at plans to open stores in China that could see it go head to head with ...

Carrefour urges India to allow 100% FDI in multibrand retail: Allow 100 pc FDI in multi-brand retail: Carrefour to Govt NEW DELHI: Promising to create a strong infrastructure and thousands of jobs in India, French retail major Carrefour has called for allowing 100 per cent FDI in multi-brand stores, and said that the move would ease ...

Wal-Mart's offer for Massmart reflects US interest in S. Africa: Wal-Mart Africa Trip Takes Well-Trod Path Wal-Mart Stores Inc. is just one of several global companies targeting South Africa for expansion opportunities this year. But the retailer's purchase of Massmart Holdings Inc. would be among the first big deals by an American company in ...

Starwood opening 3 new hotels in China: Starwood opening 3 new hotels in China Starwood s Le Meridien Hotels and Resorts has announced that it is opening three new hotels in Greater China in Taipei, Zhengzhou, and Xi an. Le Meridien Taipei is slated to open in October 2010, to be followed by the openings of Le Meridien ...

H&M to delay some store openings as construction slows: H&M to Slow Store Openings Amid Building Slump Hennes & Mauritz AB said it will delay some store openings this year because of a construction slump, even as the fashion retailer reported a 23% rise in profit for the company's fiscal third quarter. The Stockholm-based retailer ...

Unions oppose Wal-Mart's entry into South Africa: Wal-Mart deal draws fire from Cosatu The Western Cape branch of the Congress of South African Trade Unions (Cosatu) said it would oppose any bid to open stores in the province by Wal-Mart. The first front in Wal-Mart s battle to win over public opinion in Africa opened up ...

Costco strives for growth in Australia: Costco looks down under for growth THE discount retailer Costco booked $9 million in sales and memberships in the first two weeks that its maiden store in Melbourne was open. Documents obtained by Business Day also reveal the growing financial support by Costco's American parent ...

Carrefour Malaysia moves ahead with store openings: Carrefour to continue expanding ops Carrefour Malaysia is going ahead with the opening of two new branches in Selangor despite news that the French retail giant is exiting South-East Asia. Carrefour Malaysia chairman Tan Sri Abdul Aziz Shamsudin said the two new hypermarkets were ...

Carrefour to invest $2 billion to reinvent hypermarket: Carrefour to spend $2b to revive superstore model in western Europe Carrefour SA, the world s second- largest retailer, will invest about 1.5 billion euros ($2 billion) over 2 1/2 years to revive its superstore format in western Europe, Chief Executive Officer Lars Olofsson said. ...

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sports

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: Two models stand beside golf equipment and bags at a recent golf ...

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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