Archive for March, 2010
Angels in Action: Meets With Online Retailing Group — Seeks Collaborative Partnerships
(CNN) - Angel Acquisition Corp (OTCBB: AGEL) is pleased to announce that its micro-lending and peer-to-peer social lending network is actively developing collaborative retail partnerships. (www.angelsinaction.tv).
The company is in discussion and looks to formally sign and announce the following contract within the near term:
a. Online Retailing Group: the company met last week [...]
Insinuante, Ricardo Eletro Plan Brazil Retail Merger
(Bloomberg) — Brazilian retailers Insinuante and Ricardo Eletro plan to merge and create a company with almost 500 home-appliance stores in the country.
The companies will hold a press conference today to detail the agreement, according to an e-mailed statement sent today by Maquina da Noticia, a communications firm representing Insinuante and Ricardo Eletro. The statement [...]
HMV moves into fashion retailing
(TELEGRAPH) - The retail group has poached clothing executives from Marks & Spencer, Fat Face and Arcadia to spearhead the move. The first in-store fashion area – called The Studio – will open in HMV’s store in Leeds next month.
Simon Fox, HMV Group chief executive, said that [...]
UK retail sales rebound in February
(TELEGRAPH) - The volume of retail sales grew by 2.1pc last month compared with a 3pc fall in January. The growth was much stronger than the 0.8pc rise expected by economists.
It was the biggest jump in monthly retail sales May 2008. Sales in February [...]
More than half a million jobs in UK online retail sector
(NET IMPERATIVE) - The study, from IMRG, shows that online businesses are a growing force in the UK jobs market, generating wealth for the nation’s economy, reducing the cost of living and driving new export business.
The first UK e-retailers began trading in 1994, just sixteen years ago. Since then the Compound [...]
Imperial Toy, American Paper Optics team for new 3-D bubbles product
(MEMPHIS BUSINESS JOURNAL) - A new toy has two Memphis connections.
American Paper Optics is manufacturing 3-D glasses to be packaged with Imperial Toys’ Optrix 3-D Bubbles products. Both the glasses and the toys are manufactured in Memphis.
Optrix 3-D Bubbles will allow kids to see 3-D images inside the bubbles they [...]
‘Grim result’ for February retail sales in Scotland
(BBC) - Scottish retailers have suffered their worst February for more than a decade, the latest sales figures have revealed.
The Scottish Retail Consortium (SRC) KPMG Retail Sales Monitor showed like-for-like sales last month fell 1.1% compared with 2009.
Like-for-like non-food sales were also down - falling 2.6%. The drop was the worst [...]
Canton men’s clothing chain tries on XL-sized stores
(BOSTON HERALD) - Casual Male Retail Group is banking on super-sized stores as a better fit for its big and tall customers. The Canton company will roll out new Destination XL superstores starting this summer.
Averaging 11,000 square feet, they’ll be three times the size of a Casual Male XL store with [...]
Phillips-Van Heusen to buy Tommy, lifting sector sentiment
(MarketWatch) — Retail stocks reversed their earlier decline and headed higher on Monday morning as Phillips-Van Heusen Corp., owner of the Calvin Klein and Izod labels, agreed to buy Tommy Hilfiger B.V. for about $3 billion in cash and stock.
Dow member Wal-Mart rose 1.9% to $54.92. In upgrading Wal-Mart from a [...]
Bigmouthmedia Warns Online Retailers Set To Face Raft Of New Challenges
(24-7 PRESS RELEASE) - EDINBURGH, SCOTLAND, Bigmouthmedia is to warn online retailers that they must prepare to meet the challenge of the most competitive market conditions the sector has ever faced.
Bigmouthmedia senior retail strategist Finlay Clark will tell an invited audience of senior executives at the 2nd Annual bigmouthmedia Retail Summit [...]
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