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Mr DIY Group has revived plans for a US$500 million IPO following the postponement in March due to the coronavirus. The deal, which could be the largest Malaysian IPO in four years, is now pending the enthusiasm of…
Bunnings managing director Michael Schnieder has announced he expects the homewares and DIY retailer will have its e-commerce operations online and fully operational nationwide before Christmas 2019. The business has trialled a more limited online offering in…
A newly developed Officeworks in Queensland has been sold on what is understood to be a national record low yield for an Officeworks store. The 1,661sqm Officeworks store at North Lakes in Brisbane’s high-growth northern corridor has pre-sold on a 10-year…
Bulk discount retailer, Costco, will open its third Sydney outlet, and ninth store nationwide, at Marsden Park in Sydney’s northwest next week. The Costco Marsden Park store, which will span 13,575sqm, will include a Costco fuel station, tyre centre, food…
EuroShop Düsseldorf, the leading international trade fair for all investment needs in the retail sector, is entering the Indian market-now touted to be one of the fastest growing retail markets in the world with a volume of 500 billion US dollars. Messe…
Thai listed wholesaler Siam Makro, through its subsidiary Siam Food Services, has entered agreements to acquire four food service businesses in Asia and the United Arab Emirates, for over 3 billion baht ($86 million). The Thai cash and carry operator said, in…
Siam Makro Plc, the operator of Makro cash-and-carry stores under Charoen Pokphan Group, is keen to expand its retail business in Myanmar in the near future. Chief executive Suchada Ithijarukul yesterday said the company had met the Thai ambassador in Yangon…
British retailer Tesco has kicked off a sale process for its South Korean unit, whose market value is estimated at around $5 billion, according to industry sources on Friday. The U.K. retail giant sent out a teaser letter to prospective buyers on Thursday and…
Singapore electrical goods and homewares chain Courts is expanding its hardware offer with a concession deal with US brand Ace Hardware. Ace already has standalone stores in Indonesia and the Philippines. Now it will open stores-within-stores in selected…
India’s Big Bazaar is now present in more than 100 cities in India. The last store to be opened by the retail chain last December was the Rourkelo store in Orissa. In the last three months prior to the opening of its newest store, Big Bazaar also opened 17…
Global surf brand Billabong and its family of brands is positioning its supply chain to support transformation of its wholesale and retail businesses. Billabong said it will connect suppliers and trading partners in a cloud based network using the GT Nexus…
What do you do if you manage a company that has just ousted its founder following a string of sexual harassment allegations? The answer is to ban workplace romances – at least according to the fashion chain American Apparel. The retailer has barred managers…
An attempt by Berli Jucker Plc (BJC) to buy Metro Group’s cash-and-carry unit in Vietnam was aborted on Thursday after its shareholders voted unanimously to reject the EUR655-million (USD775.7 million) deal.
Taiwan’s consumer price index rose 1.2 percent in 2014, the sixth consecutive year it has risen by less than 2 percent, according to government statistics released Tuesday. Lees ook: Is Singles Day still the world’s biggest retail event?
Online furniture vendor Urban Ladder will add 1,400 employees to its workforce this year to beef up its rapid expansion plan. The Bengaluru-based company’s current headcount is 600 across seven cities. The company is also planning to expand its presence to 25…
Lululemon Athletica Inc. named J. Crew Group Inc. Chief Financial Officer Stuart Haselden as its new finance chief, with an expected start date of 2 February. To view the full article (note: you must be a Wall Street Journal Online subscriber), visit The Wall…
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