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Best Buy to downsize brick-and-mortar footprint

Amid weak sales and growing online competition, Best Buy plans to sublease space at its stores to smaller retailers, joining the ranks of big-box giants that are shrinking store sizes.When it comes to retailing, big is not so beautiful...

Retail probably rose, factory slump eased: US economy preview

Retail sales in the US probably increased in June for a second straight month and factory production fell at a slower pace as the recession abated, economists said before reports this week. Sales gained 0.4 per cent after a...
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Nestle India, Dr Reddy’s to form JV for nutraceutical brands in India, other agreed territories

Dr Reddy's will license brands such as Rebalanz, Celevida, Antoxid, Kidrich-D3, Becozinc in the nutrition, and OTC ( over...
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