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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...
Chilean department-store retailer SACI Falabella (FALABELLA.SN) sold $500 million in dollar-denominated bonds and $200 million in Chilean peso-denominated bonds abro...
Chilean department-store retailer SACI Falabella (FALABELLA.SN) plans to sell $500 million in international bonds with a 10-year maturity, a fund manager and a credi...
Canadian retail sales climbed at a faster-than-expected pace in February, marking the best back-to-back monthly performance since the fall of 2011, Statistics Canada...
Chilean department stores retailer SACI Falabella (FALABELLA.SN) plans to debut in international debt markets with a bond issue of up to $700 million, according to F...
Unusually cold weather hurt British retail sales in March, official data showed on Thursday, confirming the fragile state of the country's economy in the first three...
Macy's (NYSE:M) is seeking a temporary restraining order to stop J.C. Penney (NYSE:JCP) from selling products designed by Martha Stewart, pending the outcome of an a...
A New York judge on Friday handed embattled J.C. Penney Co Inc an interim victory in its dispute with Macy's Inc over goods designed by Martha Stewart.But the judge ...
A New York judge on Friday handed embattled J.C. Penney Co Inc an interim victory in its dispute with Macy's Inc over goods designed by Martha Stewart.But the judge ...
New York State Supreme Court Justice Jeffrey Oing ruled on Friday that J.C. Penney (NYSE:JCP) can continue selling home goods designed by Martha Stewart under the "J...
U.S. retail sales dropped in March as spending at gasoline stations tumbled and consumer purchases were mixed elsewhere.Retail and food service sales contracted by 0...
===================================================== US Retail Sales Mar Feb ! Consensus: ! Overall: -0.4% +1.0%r ! -0.1% ! Ex-Autos: -0.4% +1.0% ! Actual: ! ! -0.4...
Ross Stores Inc. (ROST) expects first-quarter earnings to be slightly above the high end of its previous guidance of $1 to $1.04 a share, as March same-store sales w...
Kohl's Corp.'s (KSS) fiscal first-quarter earnings fell 4.5%, hurt by slightly lower sales, but the results beat Wall Street expectations.Shares of the department-st...
Kohl's Corp.'s (KSS) fiscal first-quarter earnings fell 4.5% as the department-store operator was hurt by slightly lower sales that offset the benefit of stronger ma...
Macy's Inc.'s (M) first-quarter profit jumped 20%, coming in above Street views, as the department store operator logged stronger revenue, though margins were flat a...
Macy's Inc.'s (M) first-quarter profit jumped 20%, coming in above Street views, as the department store operator logged stronger revenue, though margins were flat a...
John Lewis , Britain's biggest department store group, said UK consumers were slowly becoming less fearful about their financial prospects, adding to optimism a spat...
Retailer Wal-Mart de Mexico SAB (WMMVY, WALMEX.MX) said Monday its sales fell 0.3% in April compared with the same month a year ago to 32.06 billion pesos ($2.65 bil...
Chile's Cencosud SA (CENCOSUD.SN, CNCO), South America's third-largest retailer by sales, is growing worried about Argentina's restrictions on dollar-buying, which h...
