FGL Sports' retail sales and same store sales were both up 8.6 percent in the fiscal first quarter ended April, 4 as same store sales at its flagship Sport Chek chain grew 8.7 percent, according to financial results released Thursday ...
Tags: FGL Sports, Canadian Tire
Cabela’s Incorporated reported total revenue increased 14.0 percent to $827.1 million in the first quarter ended March 28 due primarily to the opening of new stores and associated growth at its credit card business. Cabela's Retail ...
Tags: Cabela, Sporting Goods
Financial service companies expect the pilot free trade zone in Guangdong to play a key role in fostering innovation and boost business with its close proximity to Hong Kong and Macao. The Guangdong zone, to be unveiled on Tuesday, is ...
Swiss food major Nestle is reportedly engaged in advanced level talks to sell its frozen food unit Davigel to Brakes Group, which is owned by Massachusetts based buyout fund Bain Capital. A person familiar with the situation told ...
Tags: Nestle, Brakes Group
The State Council, China's cabinet, has promised policies to boost e-commerce, including through cutting red tape and liberalizing investment rules covering a sector it recognizes as very important to the economy. E-commerce is ...
Tags: China's cabinet, e-commerce
Columbia Sportswear Company's board of directors voted to expand the board to 11 members from 10 previously and elected banker Malia H. Wasson to serve in the newly-created position, effective March 19, 2015. The board also nominated ...
Tags: Columbia, shareholders, Sporting Goods
E-tailing accounted for 76 per cent of the non-travel transactions in the technology driven India’s ecommerce market, says a latest report. The ‘Digital Commerce Report 2014’ released by the Internet and Mobile ...
A research from Netherlands based Rabobank finds that European Food & Agribusiness (F&A) industry is losing €60bn annually because of food wastage. The report identifies the supply chain as the source of most of the food wastage, ...
Tags: Food Wastage, crops handling, food packaging
Foreign direct investment (FDI) in the Chinese mainland jumped 17 percent year on year in the first two months of 2015, settling at 22.48 billion U.S. dollars, the Ministry of Commerce (MOC) announced Tuesday. The pace slowed from a 29.4 ...
Tags: China's FDI, service sector
Toyota has broken ground at its new North American headquarters to be built at the intersection of Headquarters Drive and Palomino Crossing in Plano, Texas. Toyota Motor North America CEO Jim Lentz said that the company aims to build an ...
Tags: project manager, environmentally-sustainable campus, Auto
In a bid to hike its commitment to apparel finance, Wells Fargo said it has opened a new Commercial Banking office in New York City to expand its services to the apparel industry. Spearheading the Commercial Banking apparel initiative is ...
Tags: banking, insurance, investments, Apparel
The Consumer Electronics Association (CEA)® today announced that top executives from Condé Nast, Fox Networks Group, Google, McDonald’s, and The Walt Disney Co. will join the Brand Matters keynote at the 2015 International ...
The World Diamond Conference that took place last week in New Delhi, India, created a buzz in the industry that, frankly, needed a bit of a pick-up considering the state of the market. It not often that two heads of state attend a diamond ...
Tags: Diamond Trade, Arts
Scania is undertaking intensive research into various types of electrification technologies that could replace or complement combustion engines. Induction is among the options being investigated and would involve vehicles wirelessly ...
Tags: electrification technologies, combustion engines, Auto
Australian supermarket group Coles’ customer rewards program flybuys has launched flybuys eShops, which enables customers to collect rewards through online shopping at big brands. Coles said flybuys eShops was “an online ...
Tags: Online Shopping, flybuys eShops, Agriculture