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Kmart, Sears in $11 billion merger

US retail major Kmart Holding Corp and America's largest departmental-store chain Sears, Roebuck & Co, on Wednesday, agreed to merge in an $11 billion cash-and-stock deal.The merger will combine......

$25-billion exports to retail chains likely

The government is hard-selling India as a sourcing base to large retail chains like Wal-Mart, Tesco of the UK, Kmart, Target Corporation and some sports goods retailers, to increase the country's......

Indian fashion chains bet big amid online retail growth

Shoppers Stop is looking to open four new stores this year and plans to invest Rs 120 crore. Indian fashion chains are betting big on the consumption story even as American chains shut stores,......

FDI in multi-brand retail on the back burner again

The much-awaited multi-brand retail policy allowing foreign direct investment (FDI) in the sector has been put on the back burner. Officials close to the developments say the government is likely......

No retail major in rush for India foray

Early responses from top international chains are lukewarm or guarded to the likely opening of the multi-brand retail segment in India.Even as the Cabinet may soon take up the proposal of allowing......
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Mike Huckabee Just Spent A Morning Yelling At Comcast On Twitter

Mike Huckabee may have accidentally discovered the true meaning of Twitter. Until now, the former Arkansas governor had been known for utilizing... ...

http://www.huffingtonpost.com/2017/04/17/mike-huckabee-comcast_n_16069570.html?utm_hp_ref=weird-news&ir=Weird+News
Sears' plan to sell brands no salve for financial woes

By Jan Wolfe (Reuters) - Sears' plan to avoid bankruptcy in part by selling off or licensing brands including Kenmore and DieHard may prove... ...

http://www.sify.com/finance/sears-plan-to-sell-brands-no-salve-for-financial-woes-news-economy-rdybcFabjdjhj.html
Sears shares sink as creditors, investors fret over going-concern risk

By Nathan Layne and Sruthi Ramakrishnan REUTERS - Sears Holdings Corp's shares slumped 16 percent on Wednesday as bondholders and investors... ...

http://www.sify.com/finance/sears-shares-sink-as-creditors-investors-fret-over-going-concern-risk-news-economy-rdwwGfbicfhfe.html
Indian fashion chains bet big amid online retail growth

Shoppers Stop is looking to open four new stores this year and plans to invest Rs 120 crore. Indian fashion chains are betting big on the... ...

http://www.rediff.com/money/report/indian-fashion-chains-bet-big-amid-online-retail-growth/20170224.htm
Indian fashion stores look for expansion, US counterparts shut many

Macy's is shutting 68 stores, Legacy brand Sears will close 42, Kmart is closing 108 stores ...

http://www.business-standard.com/article/companies/indian-fashion-stores-look-for-expansion-us-counterparts-shutting-many-117021600324_1.html

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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