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Colson Caster Rolls Out Print and Online Product Catalogs
December 13, 2012

Colson Caster Corporation, a manufacturer of standard and custom application caster and wheel products, has announced the availability of its redesigned and most complete product catalog to-date. The Colson 2012 Catalog has been updated to not only...

Inditex Announces Expansion Plans
December 13, 2012

Spanish retail group Inditex, parent company of brands including Zara and Massimo Dutti, continues to expand with plans to grow its retail presence by up to 10 percent over the next three to five years. In the first nine months of 2012, the company opened...

UK retailer Topshop to open first store in China
December 13, 2012

LONDON, Dec 13 (Reuters) - British fashion chain Topshop, part of the Arcadia retail conglomerate owned by billionaire Philip Green, will open its first store in China in May 2013, the company said on Thursday. The high street retailer, which already...

Wal-Mart eyeing Turkish retailer Migros - Stores
December 13, 2012

US retailer Wal-Mart is trying to buy controlling stake in Turkish retailer Migros. Reports are saying that the deal may be worth more than $4 billion, including debt. If the deal is sealed, Wal-Mart will own 888 Migros stores scattered throughout...

US retail sales rose 0.3 percent in November
December 13, 2012

WASHINGTON - Americans spent more on autos, electronics and building supplies in November, and shopped more frequently online. The data suggests the economy is rebounding from disruptions caused by Superstorm Sandy. The Commerce Department says retail...

Best Buy Co-Founder to Make Privatization Bid
December 13, 2012

Best Buy co-founder Richard Schulze will make a fully financed offer to purchase the electronics retailer by the end of the week, possibly on Friday, according to the Star Tribune. A formal proposal to the board of directors before the Sunday deadline is expected to be at least $5 billion to $6 billion. Schulze and his team secured agreements to finance the deal from bankers and private equity investors, which includes Cerberus, Leonard Greene & Partner and the Texas Pacific Group, according to the article, citing an anonymous source.

Green Monday Spending Jumps 13%; 3rd Heaviest Day of Holiday Season-to-Date
December 13, 2012

comScore reported yesterday holiday season retail e-commerce spending for the first 40 days of the November-December 2012 holiday season. For the holiday season-to-date, $29.3 billion has been spent online, marking a 13 percent increase vs. the corresponding days last year. Green Monday (Dec. 10) reached $1.275 billion in spending, up 13 percent vs. last year and ranking as the third heaviest online spending day for the season-to-date after Cyber Monday ($1.465 billion) and Tuesday, Dec. 4 ($1.362 billion).

The Jones Group Promotes Aida Tejero-DeColli Chief People Officer
December 12, 2012

NEW YORK, Dec. 12, 2012 /PRNewswire/ -- The Jones Group Inc. ("Jones," the "Company") (NYSE: JNY) today announced the promotion of Aida Tejero-DeColli to the newly created position of Chief People Officer, effective immediately. In this elevated role,...