An agreement has been reached to create the world’s third largest quick service restaurant company, merging North American-based beverages and baked goods restaurant Tim Hortons Inc. (Tim Hortons) with global burger restaurant Burger ...
Tags: Burger King, Tim Hortons, fast food
Future Group, one of the top retail groups in India, has planned to invest in omni-channel retailing, by implementing the omni-commerce suite by hybris, a company owned by SAP. Omni-channel retailing, the next step in multi-channel ...
Tags: Future Group, Omni-Channel, Hybris
Led by a surge in net income, diluted EPS skyrocketed 62.5% year-on-year at Zumiez Inc, a retailer of action sports related apparel, footwear and accessories for the second fiscal quarter ended August 2, 2014. Net income in the second ...
Tags: Apparel, Accessories
China's state-run media are trying to do something the securities industry has failed to accomplish for much of the past three years: get the world's biggest population to buy more stocks. The official Xinhua News Agency published at ...
Tags: Stocks, China economy
JBS, a Brazilian beef exporter, has announced that it will resume its plan to raise BRL4bn ($1.8bn) from the initial public offering (IPO) of its pork, poultry and food-processing operations in Brazil as early as next month. Following ...
Womenswear specialty retailer - The Wet Seal will raise $18.5 million by selling shares of its Class A common stock to a limited number of institutional investors in a private placement. Wet Seal said it has entered into a securities ...
Tags: Womenswear, Wet Seal, Apparel
As clients are adjusting inventories of LED chips used in backlighting and lighting, demand for LED chips in the third quarter of 2014 will significantly decrease sequentially, according to chairman Lee Biing-jye of Taiwan-based LED ...
Tags: LED Demand, LED Chips
Thirstie, the New York based on-demand wine and spirits delivery marketplace, is pleased to announce that it has extended its service to San Francisco customers. Thirstie has also partnered with Foodily, the only recipe network powered by ...
Tags: Thirstie, Cocktail Recipe, Food
LED epitaxial wafer and chip maker and LED packaging service provider Lextar Electronics on August 27 announced that US-based Cree will invest US$83 million to acquire 13.32% of its stock through subscribing to 83 million new Lextar shares ...
Tags: Cree, Lextar Electronics, Lights
Italian paper machinery manufacturer Toscotec will supply a tissue production line to Taiwan-based paper manufacturing company Yuen Foong Yu (YFY). The machine will be installed at the company's mill located in Qingshui District in ...
Tags: Toscotec, Yuen Foong Yu, Packaging
The board of directors of Macy's, Inc. declared a regular quarterly dividend of 31.25 cents per share on Macy's common stock, payable October 1, 2014, to shareholders of record at the close of business on September 15, 2014. Macy's, Inc., ...
Tags: Macy's, 31.25 Cents/Share, Apparel
As it prepares for its $43 billion merger with Medtronic, Covidien has purchased a small California medtech company. The price was not disclosed. Privately held Reverse Medical Corp. (Irvine, CA) makes devices to manage acute stroke and ...
Tags: Covidien, Medtech Company, Health
Dollar General reaffirmed its commitment to acquisition of Family Dollar, confident that it can quickly and effectively address any potential antitrust issues and reiterated that its existing proposal provides superior valuation to Family ...
Tags: Dollar General, Family Dollar, Apparel
The Export Finance and Insurance Corporation’s (EFIC) Export Monitor newsletter considers the outlook for exports to Asia beyond commodities. "Tourism and education exports will continue their rapid expansion, driven by especially ...