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Robinsons Retail Group, operator of retail chains including Toys "R" Us and Topshop in the Philippines, has appointed banks to manage an up to $800 million initial public offering that is poised to be the country's largest so far this year.The planned IPO for the retail chain owned by Philippine billionaire John Gokongwei comes at a time when foreign and domestic investors are gravitating toward the country's capital markets, attracted by rising domestic consumption and a red-hot stock market. The Philippine equities market is up 26.3% year to date, stronger than any other market in Southeast Asia.The country's second-largest multiformat retailer has hired Deutsche Bank AG (DB), J.P. Morgan Chase Co. (JPM) and UBS AG (UBS) to manage the IPO, people with knowledge of the deal said Wednesday.Robinsons Retail Group operates department stores, supermarkets, as well as fashion retailer outlets. It has 72 branches across the country with stores such as True Value hardware, Topshop and Ben Sh...
Overstock.com Inc. (OSTK) and Toys "R" Us Inc. are the latest retailers recalling certain toy magnet sets due to concerns that the magnets might cause internal injur...
The photographer that ran the portrait studios at Sears Holdings Corp. (SHLD), Wal-Mart Stores Inc. (WMT) and Babies "R" Us has abruptly shuttered its business, endi...
The photographer that ran the portrait studios at Wal-Mart Stores Inc. (WMT), Sears Holdings Corp. (SHLD) and Babies "R" Us has abruptly shuttered its business, endi...
Dynacraft BSC Inc. is voluntarily recalling about 8,900 Hot Wheels branded Urban Shredders owing to the risk the scooter/skateboard toy may unexpectedly accelerate a...
Toys "R" Us Inc. dropped its plans for an initial public offering on Friday after almost three years amid withering sales and heightened competition from online play...
Toys "R" Us Inc., which originally filed a plan to sell its shares publicly in May 2010, said in a regulatory filing with the U.S. Securities and Exchange Commission...
Wall Street is having second thoughts about following PayPal from its online roots into the physical world.PayPal, a leader online, launched a push in 2011 to become...
Consumer Reports Senior Projects Editor Tod Marks on where to get great deals for things from concerts to sporting goods.
The retail sector is starting the year off on the right foot with sales jumping 1.1% in February, according to the Commerce Department, and experts say consumers can...
Sears Holdings Corp. (SHLD) is making progress in its efforts to be thought of a destination for shopping, not a repository for unwanted merchandise, Chairman Edward...
Vornado Realty Trust's (VNO) fourth-quarter earnings slipped 1.3% as the commercial-property owner reported a loss from its stake in J.C. Penney Co. (JCP), though co...
Dynacraft BSC Inc. has voluntarily recalled certain motor scooters sold by Wal-Mart Stores Inc. (WMT) and Toys "R" Us Inc. as they might accelerate suddenly while in...
Vornado Realty Trust's (VNO) first-quarter earnings rose 4.5% as the commercial property owner posted bigger property-sale gains and stronger revenue.The real-estate...
Tiffany Krumins’ path to success took off at what became both the best and most difficult time of her life. Here’s how this momprenuer beat cancer and launched a brand, which recently topped $1 million in retail sales.
Welcome to OnSale at FOXBusiness, where we look at cool deals and insane bargains.Save on kids' toys this weekend and pick up a new bike before summer is in full swi...
Private equity firm KKR & Co LP said on Thursday it will share 40 percent of profits from its own investments with shareholders and reported quarterly earnings that ...
Vornado Realty Trust (VNO) disclosed income from its share of Toys "R" Us Inc.'s fourth-quarter results would be erased by a corresponding impairment loss.The real-e...
When it comes to consumer power, the mom community is a force to be reckoned with. Trends, products and advice that become a hit with this group are guaranteed succe...
Calling all tree huggers, environmentalists and children of Mother Earth: Today (April 22) is Earth Day. And while many folks will spend this day picking up litter on the side of a highway or teaching children how to plant trees, there are some business owners that spend 365 days a year devoted to ...
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