Showing 1 - 6 of 6
Central Group plans $1.3bn push in Europe after Selfridges
Reuters, Published on 06/09/2022
» Thailand's biggest retailer Central Group said on Tuesday it planned to expand its footprint in Europe further with investments worth nearly €1.3 billion euros (US$1.29 billion) over five years in new stores, upgrades and e-commerce.
Bank of Thailand says doesn't support digital assets as payments
Reuters, Published on 01/12/2021
» The central bank on Wednesday warned companies about accepting digital assets as payment for goods and services, as more companies rolled out partnerships to accept major cryptocurrencies as payment.
Tesco shares jump on possible sale of Thai business
Reuters, Published on 09/12/2019
» LONDON: Shares in Tesco jumped nearly 6% at one point on Monday after Britain's biggest retailer said it was considering a sale of its remaining Asian businesses, in Thailand and Malaysia, which analysts valued at up to $9 billion.
In rough terrain, Payless emerges as rare bankruptcy survivor
Business, Reuters, Published on 11/08/2017
» CHICAGO: Payless ShoeSource Inc is set to emerge from bankruptcy this week, one of the largest retail chains to do so, and is banking on a strategy focused primarily on bricks-and-mortar sales at a time when e-commerce is casting an ever-growing footprint on retail sales.
Luxury hotels rise in Cuba despite concerns
Business, Reuters, Published on 09/06/2017
» HAVANA: Towering cranes dot the Havana skyline as communist-run Cuba races to build luxury hotels, amid indignation among some residents and concern that US President Donald Trump might reverse a detente that fueled the tourist boom.
IKEA in shopping mall push
Business, Reuters, Published on 17/04/2015
» COPENHAGEN: IKEA, the world's biggest furniture retailer, plans to spend up to €3 billion ($3.2 billion) on new shopping centres over the next 5-7 years, aiming to cash in on the popularity of its stores by collecting rent from retailers keen to set up nearby.