McDonald's Closes Sri Lanka Stores After Agreement with Local Partner Ends Over Poor Hygiene Case

McDonald's attorney explained that the termination of the agreement with the franchisee was a result of standard compliance issues identified by the parent company.

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Apple Recalls All Nokia Products From Its Online Stores

Apple has pulled all of Nokia’s Withings products from its online store. The move comes after Nokia sued Apple for patent infringement in courts across the globe.

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Starbucks is Closing 4 out of Its 5 Teavana Tea Bar

Three stores in New York will be converted to Starbucks stores, one store in Beverly Hills will be closed completely, one other in Seattle will remain open. More than 350 retail locations will also continue to sell the Teavana products, and some of the menus will be incorporated into Starbucks' menu.

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Woolworths closes Nigerian stores

Due to high costs of operations and low returns, Woolworths opts to close down stores in Nigeria.

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CORRECTED: After Bharti-Walmart, Tesco-Tata makes a go at Indian retail market

British retail giant Tesco Plc is partnering with Tata conglomerate subsidiary Trent to open stores in India.

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Battle of the app stores: Google Play wins, for now

In the battle of the app stores, Google Play won for Q2 2013.

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American dress shoe company Allen Edmonds explores sale of business

Allen Edmonds was exploring a potential sale of the firm for US$150 million to US$200 million.

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Delhaize Group sells Maxi, Mini Maxi and Tempo stores in Montenegro to Expo Commerce

Delhaize Group announced that it would sell its 25 Maxi, Mini Maxi, and Tempo outlets in Montenegro to Expo Commerce.

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