Retail

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    Cost rises force AB Foods to cut Primark margin

    Primark owner Associated British Foods warned of flat annual earnings on Wednesday as spiralling costs and squeezed consumer spending hit Primark's margin after beating half-year earnings...

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    Macy’s announces new sustainability actions

    Macy’s next steps include adopting black hangers, piloting electric vehicle charging stations, joining Recyclebank, continuing solar power programmes and eliminating all use of foam...

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    Chinese shoemakers eye EU high-end market

    Since the European Union erased anti-dumping duties, shoemakers in East China's Zhejiang province have shifted from a low-cost strategy to target the high-end EU market.

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    European e-tailer Zalando launches in UK

    Zalando, Europe’s huge online retailer for shoes and fashion continues its expansion by opening its doors to customers in the United Kingdom, with an extensive range of more than 40,000...

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    EBay to buy local ad provider Where

    EBay Inc said it would buy Where, a company that delivers local advertising to mobile phones, in its latest push to allow more retailers to do business with customers through its services.

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    Tesco moves into movie-streaming with blinkbox

    Tesco, the world's No.3 retailer, has bought a majority stake in British video-on-demand firm blinkbox, a day after it pledged to up its game by revamping its products and becoming more...

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    Canada retailers can withstand U.S. invasion

    Canadian retailers can hold their own against an aggressive U.S. retail drive north of the border, the top executive of leading home improvement chain Rona Inc told business leaders in...

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    Gap to open first Old Navy overseas in 2012

    Gap Inc plans to open its first Old Navy stores overseas by the end of next year to accelerate an international push aimed at reducing its reliance on North America, where sales have been...

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    Wal-Mart to buy social media firm Kosmix

    Wal-Mart Stores Inc said on Monday it agreed to buy social media company Kosmix for an undisclosed sum, as the world's largest retailer aims to win over more tech-savvy U.S. shoppers.