Friday, July 28, 2006

Retailer Chico’s past success may pose future difficulties

Retailer Chico’s past success may pose future difficulties
By Amy Merrick
The Wall Street Journal Europe
28 Jul 2006

U.S. women’s apparel retailer Chico’s FAS Inc. has a problem: It has been so successful that there may not be many new customers left to attract. After becoming one of the stock market’s top performers over the past decade, Chico’s shares... read more...

WAL-MART: Supercenters may challenge area grocers

WAL-MART: Supercenters may challenge area grocers

Chicago Tribune
27 Jul 2006

Chicago area’s two major supermarket chains, where workers are unionized and where prices are generally 15 to 30 percent higher than those at Wal-Mart. In an interview at Wal-Mart’s Chicago office last week, Lewis said if the city council approved the... read more...

Wednesday, July 26, 2006

CREDIT CARDS

CREDIT CARDS

Daily Express
26 Jul 2006

TESCO is the latest insurance provider to offer new customers discounts during the warmer months. The supermarket has cut 50 per cent off the price of its standard home insurance policies as part of its summer sale. The offer applies to contents and... read more...

Monday, July 24, 2006

IKEA Not Allowed to Build Store

IKEA Not Allowed to Build Store
By Conor Humphries STAFF WRITER
Moscow Times
25 Jul 2006

Plans by Swedish furniture multinational IKEA to build a store on land it owns in northeast Moscow have been overturned by a court ruling that says the land is part of a national park, a senior environmental official said. The Federal Arbitration... read more...

Investors protest at GUS executives’ get-rich share deal

Investors protest at GUS executives’ get-rich share deal
Julia Finch City editor
The Guardian
24 Jul 2006

Several leading shareholders in retail and finance group GUS are to protest about a pay scheme the company is planning to put in place when it demerges this year — which could multiply top executives’ share entitlements. The investors also want... read more...

Friday, July 21, 2006

Safeway comeback in the bag

Safeway comeback in the bag

Chicago Sun-Times
21 Jul 2006

Safeway Inc., owner of Dominick’s, beat analysts’ earnings expectations for the second quarter and raised its outlook for the remainder of the year, providing the strongest indication yet that the nation’s third-largest grocer has finally recovered... read more...

Thursday, July 20, 2006

Township banks on IKEA magic

Township banks on IKEA magic
BY BARBARA POWELL in Southfield, Mich.
National Post
20 Jul 2006

Takeacre s of homefurnishings, top with Swedish meatballs, and the result may be economic sustenance for an affluent Michigan township worried about its futurein a timeof automotive cutbacks. Almost 100,000 people walked through thedoors of Inter... read more...

17 traders open at Kildare retail village

17 traders open at Kildare retail village
Jack Fagan
The Irish Times
19 Jul 2006

Seventeen of the 58 fashion outlets planned for a new discount village beside Kildare town are now open for business but are attracting fewer customers than expected because there has been virtually no promotion for the new facility. Value Retail, the... read more...

Wednesday, July 19, 2006

Wal-Mart, critics slam each other on Web

Wal-Mart, critics slam each other on Web
BY MARCUS KABEL Associated Press
Miami Herald
19 Jul 2006

BENTONVILLE, Ark. — The brawl between Wal-Mart and its union critics is escalating as groups on both sides, fighting over whether the world’s largest retailer is good or bad, launched attack-style Web sites maligning each other’s motives and... read more...

Tuesday, July 18, 2006

We need a look at native fishing (Vancouver Sun, 18 Jul 2006, Page A11)






We need a look at native fishing
BY DENNIS BROWN
Vancouver Sun
18 Jul 2006

Prime Minister Stephen Harper’s pledge to investigate racially- based commercial fisheries through a judicial inquiry has a sparked outrage from native politicians. As usual, proponents of the native- only commercial fishery will denounce as a racist... read more...

Former nun hired to aid Wal-Mart in social policy

Former nun hired to aid Wal-Mart in social policy
— BLOOMBERG NEWS
Boston Herald
18 Jul 2006

Wal- Mart Stores Inc., the world’s largest retailer, hired a former nun who helped mediate conflicts in Iraq to work with groups who have criticized how the company affects the environment and treats workers. Harriet Hentges, formerly with the United... read more...

Wal- Mart hires ex- nun

Wal- Mart hires ex- nun

Ottawa Citizen
18 Jul 2006

Wal- Mart Stores Inc. hired a former nun who helped mediate conflicts in Iraq and the Balkans to work with groups who have criticized how the retailer affects the environment and treats workers. Harriet Hentges, formerly with the United States... read more...

Wednesday, July 12, 2006

Gildan dresses up for retail



Gildan dresses up for retail
MONTREAL
Globe and Mail Weekend
08 Jul 2006

Gildan out to remake itself. The little Montreal schmatte company that grew to become the No. 1 global manufacturer of blank Tshirts — supplying product to wholesalers in the screen-print trade — is in the throes of a sweeping corporate... read more...

Monday, July 10, 2006

Tesco considers € 800m bid for Polish supermarket chain



Tesco considers € 800m bid for Polish supermarket chain
by Rupert Steiner CITY EDITOR
The Business
09 Jul 2006

TESCO, the world’s fifth largest supermarket chain, is considering making a 800m (554m, $1.025bn) bid for the Polish retail business of its troubled French rival Casino. Earlier this year Casino, France’s second biggest supermarket group with... read more...

Friday, July 07, 2006

GUS stands firm as suitors come knocking



GUS stands firm as suitors come knocking
Julia Finch City editor
The Guardian
06 Jul 2006

The retail and credit information group GUS has turned down a series of takeover approaches for both parts of its business — Argos and Experian — in recent months, it revealed yesterday. In a stock exchange statement, the group, which is planning a... read more...

Tesco to revamp convenience stores to make them ‘more subtle and welcoming’ (The Guardian, 07 Jul 2006, Page 20)



Tesco to revamp convenience stores to make them ‘more subtle and welcoming’
Julia Finch City editor
The Guardian
07 Jul 2006

Tesco is promising bespoke shop fronts for Tesco Express convenience stores to try to make them more acceptable to local communities. The new-look stores, which will be less garish and designed to fit in with local architecture, are part of Tesco’s... read more...