Fast Retailing eyes Barneys to tap global markets
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Fast Retailing&#39;s (9983.T) surprise $900  million bid for Jones Apparel Group&#39;s  Barneys New York  underscores the Japanese clothing retailer&#39;s dream to become a  global player and find growth outside its mature home market.
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Fashion Wire Daily - Fashion Wire Daily January 18, 2005 - NEW YORK - Technology has enabled consumers to splurge with a click and a keystroke and retailers to target those customers with ever increasing precision. Ed Carey, global managing director of the consumer business practice at Deloitte &amp; Touche, says "[retailers] are moving from mass merchandising to a more targeted approach &#8230; taking six billion consumers to one," noting retailers' use of directed mailing campaigns, consumer loyalty programs and personalized in-store promotions this holiday season.
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Tesco, the largest retailer in the UK, will carry on its global expansion with a wave of small US stores called Fresh and Easy.
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The fast-food retailer benefits from international sales.
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Jones Apparel Group Inc. JNY.N, a  mid-priced clothing retailer and maker, said on Thursday it was  buying Barneys New York Inc. BNNY.OB in a deal worth $400  million as a move to expand into luxury apparel retailing.
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Now that Barneys New York is off the block, potential buyers are circling around Fortunoff, Toys "R" Us and Casual Corner.
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NEW YORK  - Mid-priced clothing retailer and maker Jones Apparel Group Inc.  said on Thursday it was buying Barneys New York Inc.  in a deal worth $400 million as a move to expand into luxury apparel retailing.
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Insider sales are fast and furious at this trendy footwear maker.
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Jones, owner of the Jones New York, Anne Klein and Nine West brands, yesterday said it is buying luxury retailer Barneys New York for approximately $400 million.
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Japan&#39;s Fast Retailing, the operator of Uniqlo casual clothing shops, set its sights Tuesday on buying a major Western brand as it unveiled plans for a third global flagship store in Paris.
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Target Corp.'s  sales will nearly double to $95 billion by 2010, but it may need to look beyond its traditional big-city base and possibly overseas to sustain growth, consultants Retail Forward said.
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Jones Apparel Group Inc.  said on Thursday it received an unsolicited bid from Fast Retailing Co. Ltd. to acquire Barneys New York Inc. for $900 million, which tops Jones' existing pact to sell the luxury department store chain for $825 million.
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Dell will sell PCs through stores in Asia and Australia, talking to retail partners now.
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Gymboree discusses its plans to grow through new brands and store expansion.
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InfoWorld - Mobile payments and banking are now moving into the United States through some big names, but the speedy checkout system is slow to put in place.
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German sporting goods maker Adidas is changing the format of its fast-growing global chain of Adidas Originals stores, focusing on customized design and interaction among shoppers to boost market share.
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Wal-Mart has become the dominant retailing force in the U.S., but its experience overseas has been checkered.