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International News

Jane Norman to open in Russia
8 August 2008

Russia-Jane Norman is set open four stores in Russia from next year.

Starbucks set to close 61 Australian stores
4 August 2008

Australia- Coffee giant Starbucks plans to close 61 of its 85 outlets across Australia within the week.

Kingfisher departs Italy
1 August 2008

B&Q owner Kingfisher, Europe's biggest home improvements retailer, has agreed to sell its Castorama Italy business to French DIY firm Groupe Adeo for £441.1million in cash, boosting its shares.

Norway mall offers greenhouse gas credits
19 February 2008

Oslo -Shoppers at one Norwegian mall can now buy cuts in their carbon footprint as they pick up their weekly groceries.

Plaza Centers to develop Poland entertainment centre
7 January 2008

Poland-Leading emerging markets property developer, Plaza Centers has today announced it has won a competitive tender for the development of a shopping and entertainment centre in Kielce, Poland.

IFA Hotels enters the US
19 December 2007

Kuwait-Kuwait’s IFA Hotels & Resorts has completed a US$300 million deal which will lead to a new hotel being built in central Manhattan, New York. The deal represents IFA Hotels & Resorts first investment into North America.

Tesco US to make big impact
1 December 2007

Tesco could position its Fresh & Easy chain among the top 10 supermarket retailers in the United States by 2015, with sales of $10 billion (4.8 billion pounds), anyalyst TNS Retail Forward said in a report this week.

Tesco opens stores in US
8 November 2007

California-Tesco, the UK's largest retailer, has opened its first six US stores in California.

Emaar enters Algeria with four mixed-use projects
3 October 2007

Emaar Properties PJSC, the Dubai-based property developer is to develop four mixed-use projects in Algeria at a cost of $20 billion.

Tesco to open stores in US
27 September 2007

Tesco has announced plans to invade the United States with the opening of 48 new Fresh & Easy Neighborhood Markets across Southern California’s Inland Empire region.

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