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Falabella Peru SAA to reorganize its real estate business

Friday, 11 Dec 2015 03:07pm EST

Falabella Peru SAA:The company and its unit Open Plaza SA to reorganize its real estate business in order to develop it directly through one branch.As part of the restructuring, decided to divide Aventura Plaza SA into two companies, one of which will remain under Falabella Peru's management.

Yinchuan Xinhua Commercial (Group) to merge with wholly owned subsidiaries

Tuesday, 8 Dec 2015 07:00pm EST

Yinchuan Xinhua Commercial (Group) Co Ltd:To merge with three Yinchuan-based wholly owned subsidiaries and the subsidiaries will dissolve after merger.One subsidiary is engaged in real estate investment, one subsidiary is engaged in instrumentation, air conditioning and refrigeration equipment and one subsidiary is engaged in wholesale and retail of dairy.

Aeon Mall to fully acquire Aeon 's sub-subsidiary OPA through stock swap

Tuesday, 17 Nov 2015 01:00am EST

Aeon Mall Co Ltd:Says Aeon Co Ltd's 50.1 pct owned subsidiary Aeon Mall Co Ltd to fully acquire Aeon 's wholly owned sub-subsidiary OPA co.,ltd through stock swap, with effective on March 1, 2016.Details to be determined.

Nissen Holdings announces result of early-retirement program and expects extraordinary loss for Q3 of FY 2015

Thursday, 15 Oct 2015 02:00am EDT

Nissen Holdings Co Ltd:Says 147 employees took up the offer of the early-retirement program announced on Aug. 17.Effective date of retirement is Oct. 31.A premium will be added to the normal retirement allowance of eligible applicants.Says eligible applicants will also have the option to receive job-placement assistance.Expects extraordinary loss of about 700 mln yen for Q3 of fiscal year ending Dec. 2015 for the early-retirement program.

Rainbow Department Store to dissolve Huzhou-based department store

Wednesday, 14 Oct 2015 08:00pm EDT

Rainbow Department Store Co Ltd:To dissolve Huzhou-based department store which has been shut down.

MERCURIES & ASSOCIATES,HOLDING subsidiary to merge with sub-subsidiary

Monday, 5 Oct 2015 06:23am EDT

MERCURIES & ASSOCIATES,HOLDING LTD:A beverages and cigarettes trading and agency subsidiary to merge with a liquor and tobacco agency, distribution and trading sub-subsidiary with merger record date Jan. 1, 2016.The subsidiary will remain and the sub-subsidiary will dissolve after merger.

NINGBO ZHONGBAI to dissolve Tianjin-based subsidiary

Monday, 14 Sep 2015 08:00pm EDT

NINGBO ZHONGBAI CO., LTD:To dissolve wholly owned Tianjin-based investment subsidiary set up on May 30, 2012.

Macy's Inc announces plans for 35 to 40 store closings

Tuesday, 8 Sep 2015 04:30pm EDT

Macy's Inc:Plans to close 35 to 40 underperforming macy's stores - representing about 1 percent of the total macy's, inc. sales - in early 2016.Says locations of the 35 to 40 stores to be closed in early 2016 will be announced at a later date.Plans to close 35 to 40 underperforming macy's stores as company "works to optimize its omnichannel approach to customers across America".The stores' annual sales volume, net of sales expected to be retained in nearby stores and online, is expected to be roughly $300 million.Says associates displaced by store closings may be offered positions in nearby stores where possible.

Wuhan Department Store Group to dissolve subsidiary

Friday, 28 Aug 2015 08:00pm EDT

Wuhan Department Store Group Co., Ltd:To dissolve a Wuhan-based subsidiary, which is engaged in maintenance, installation and distribution of hardware, computers and household appliances.Holds 69.81 pct stake in the subsidiary.

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