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Department Stores

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Sistema, RCIF sell 6.3% Stake In Detsky Mir

1:42am EST

Dec 12 (Reuters) - Sistema ::SISTEMA TOGETHER WITH THE RUSSIA-CHINA INVESTMENT FUND SOLD 6.3% OF DETSKY MIR SHARE CAPITAL.SAYS THE OFFERING WAS PRICED AT RUB 90 PER SHARE.SAYS SISTEMA SOLD ABOUT 5% DETSKY MIR, WILL RECEIVE APPROXIMATELY RUB 3.3 BILLION IN PROCEEDS.SAYS FOLLOWING THE OFFERING, SISTEMA WILL RETAIN 47.1% IN THE SHARE CAPITAL OF DETSKY MIR.SAYS FOLLOWING THE OFFERING RCIF WILL OWN 12.7% OF DETSKY MIR.SAYS DETSKY MIR FREE FLOAT IT EXPECTED TO REACH APPROXIMATELY 40.2% FOLLOWING THE OFFERING.

Maoye Commercial plans commercial factoring unit in Shenzhen

1:37am EST

Dec 12 (Reuters) - Maoye Commercial Co Ltd <600828.SS> ::Says it plans to use 5 million yuan to set up a wholly owned commercial factoring unit in Shenzhen.

Maoye Commercial plans commercial factoring unit in Shenzhen

1:37am EST

Dec 12 (Reuters) - Maoye Commercial Co Ltd <600828.SS> ::Says it plans to use 5 million yuan to set up a wholly owned commercial factoring unit in Shenzhen.

Dalian Friendship Group to sell assets for 46 mln yuan

Monday, 11 Dec 2017 04:30am EST

Dec 11 (Reuters) - Dalian Friendship Group Co Ltd <000679.SZ>:Says it will sell assets to Dalian-based firm for 46 million yuan .

Macy's Executive Chairman Terry Lundgren To Retire

Friday, 8 Dec 2017 04:30pm EST

Dec 8 (Reuters) - Macy's Inc ::MACY’S EXECUTIVE CHAIRMAN TERRY LUNDGREN TO RETIRE.- JEFF GENNETTE APPOINTED CHAIRMAN.SAYS JEFF GENNETTE APPOINTED CHAIRMAN OF THE BOARD.- EXECUTIVE CHAIRMAN TERRY LUNDGREN WILL RETIRE FROM BOARD OF DIRECTORS EFFECTIVE JAN. 31, 2018.- MARNA WHITTINGTON REMAINS LEAD INDEPENDENT DIRECTOR.- FOLLOWING LUNDGREN'S RETIREMENT, BOARD WILL HAVE 10 DIRECTORS.

Amazon Music Unlimited Says Announces Its Expansion Into 28 Additional Countries

Friday, 8 Dec 2017 08:05am EST

Dec 8 (Reuters) - Amazon.Com Inc ::AMAZON MUSIC UNLIMITED SAYS ANNOUNCES ITS EXPANSION INTO 28 ADDITIONAL COUNTRIES.

Malayan United Industries Says Khoo Kay Peng Redesignated To Executive Chairman

Friday, 8 Dec 2017 05:37am EST

Dec 8 (Reuters) - Malayan United Industries Bhd ::‍ KHOO KAY PENG REDESIGNATED TO EXECUTIVE CHAIRMAN FROM CEO ​.‍ ANDREW KHOO BOO YEOW APPOINTED CEO ​.

Welcia Holdings to acquire IPPONDO

Friday, 8 Dec 2017 02:40am EST

Dec 8 (Reuters) - Welcia Holdings Co Ltd <3141.T>:Says it will fully acquire IPPONDO Co.,Ltd., which is engaged in drugstore operations, with undisclosed price, effective March 1, 2018 .

Asia Development Capital and unit to start Japan food town business HonMon in Fuzhou

Friday, 8 Dec 2017 01:20am EST

Dec 8 (Reuters) - Asia Development Capital Co Ltd <9318.T>:Says co and co's unit N-ippon Incubation Ltd will start Japan food town business HonMono in Fuzhou base of Grand Ocean Retail Group Co Ltd <<<5907.TW>>>.

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