Greatly extending the reach of Golfsmith’s fairway following its expansion to 85 stores last week, Golf Town has announced it’s acquiring the top golf chain in a $97-million friendly takeover. [...]
GameStop trades aggressive stores expansion to go digital
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May 10, 2012, 5:23 PM
0May 10, 2012, 5:23 PM
GameStop takes the top score in video game retailing. To maintain its ranking, however, the $9.5 billion company is reaching beyond its vast network of stores to ensure it stays in the [...]
Survey: US manufacturers to rethink China operations
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May 9, 2012, 10:22 AM
1May 9, 2012, 10:22 AM
More than a third of US-based manufacturing companies with sales of $1 billion or more either plan to bring some manufacturing operations back to the US from China, or are [...]
Wal-Mart hit by fallout from Mexico bribery scandal
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May 4, 2012, 2:19 PM
0May 4, 2012, 2:19 PM
A lot has happened in the two weeks since The New York Times broke the news of a widespread bribery scandal at Wal-Mart’s subsidiary in Mexico. The Comptroller of the [...]
Chinese company takes bite out of UK cereal maker Weetabix
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May 3, 2012, 12:08 PM
4May 3, 2012, 12:08 PM
Talk around UK breakfast tables this morning had to be centered around the news that a Chinese company is taking a big bite out of Weetabix. Bright Food, a government-owned [...]
Rocky Mountain Chocolate Factory, meet Japan
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May 1, 2012, 2:23 PM
0May 1, 2012, 2:23 PM
Rocky Mountain Chocolate Factory is banking on an aggressive expansion into Asia to pump up once-slimming profits and ultimately make Japan a major market for the Colorado confectioner. Since opening a test store [...]
Plastic resin shortage could hinder auto production
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April 30, 2012, 8:45 AM
0April 30, 2012, 8:45 AM
In March an explosion at German chemical company Evonik Industries’ nylon-12 plant reduced the world’s nylon-12 capacity by half, and that could have a significant impact on the world’s automakers, [...]
In from the cold, Barrick sells stake in Russian miner
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April 26, 2012, 2:31 PM
0April 26, 2012, 2:31 PM
Nearly a decade after investing in Russian miner Highland Gold, Canadian mining giant Barrick Gold has come in from the cold. Today Barrick Gold announced it has completed the sale [...]
Spanish bank Santander plans massive IPO for Mexico unit
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April 23, 2012, 4:41 PM
0April 23, 2012, 4:41 PM
Banco Santander, which has been selling stakes in various Latin American holdings, is reportedly looking to spin off part of its Mexican unit within the next year. The Santander Mexico offering [...]
Wal-Mart facing bribery allegations in Mexico
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April 23, 2012, 11:29 AM
0April 23, 2012, 11:29 AM
A lengthy front-page article in yesterday’s New York Times alleges that Wal-Mart‘s rapid growth in Mexico was fueled by bribes totaling more than $24 million. The Times story says the [...]
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