Store giants 'seek growth abroad'
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International expansion is becoming increasingly important to retailers as they face fierce competition at home, a new report finds.
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Gymboree discusses its plans to grow through new brands and store expansion.
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Starbucks Corp. on Thursday raised its long-term expansion goal to 40,000 stores from 30,000, and said it was no where close to exhausting opportunities in North America even though growth also looms internationally.
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Wal-Mart has become the dominant retailing force in the U.S., but its experience overseas has been checkered.
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In a push to expand its international business, InChord Communications Inc. is expanding operations in the United Kingdom and Sweden with two strategic investments.
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Two local logistics operators last week announced plans to expand their activities in countries further east - moves that come in line with predictions and decisions by other industry players.
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The retail giant said it would shift capital away from its American stores and into overseas expansion, which will account for the bulk of its growth in the years to come.
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Consumer goods company is facing its challenges and looking for a turnaround.
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Retailers in the region soon will have some new competition, and shoppers will have more choices about where to spend their money.
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Look at the big picture to find great companies.
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With Canada saturated, the doughnut chain Tim Hortons is looking to the U.S. for growth, despite past difficulties faced by other Canadian retailers.
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Wal-Mart Stores Inc. is interested in moving into Russia after strong growth in that giant country's retail spending, the world's largest retailer said Monday.
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Chinese appliance maker Haier is trying to expand its presence globally and go upmarket.
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The company has been rebuffed in Australia as it tries to grow.
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More round-the-clock centers to provide service and support for business customers are planned for Europe and Japan.
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Wal-Mart Stores Inc, the world&#39;s largest retailer, said it plans to open as many as 15 new stores in China next year, expanding in the world&#39;s fastest-growing economy as the government lifts curbs on foreign store operators.
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Although India still gets the bulk of U.S. offshoring dollars, the number of countries companies are eyeing is expanding as they seek specific IT skills and follow-the-sun delivery.