Reuters: Consumer Products & Retail News

US judge gives GM nod to buy Delphi assets

Mon, 13 Jul 2009 16:44:00 +0100

* GM clears hurdle in efforts to buy Delphi with partner

INTERVIEW-GM bankruptcy seen bringing chain effect-auditor

Mon, 13 Jul 2009 19:07:39 +0100

* Bankruptcies seen in car parts industry, construction * Global economy seen stabilising * Fair value accounting to remain in place * Switch to single accounting standard to take 3-5 years

WRAPUP 2-Stakes raised in German auto industry talks

Mon, 13 Jul 2009 19:00:48 +0100

* GM's emergence from bankruptcy may change fundamentals

UPDATE 1-NRF asks members to oppose Wal-Mart on health care

Mon, 13 Jul 2009 19:52:53 +0100

NEW YORK, July 13 (Reuters) - The U.S. retail industry's largest trade group is asking its 2,500 members to "take a stand" and voice their opposition to Wal-Mart Stores Inc's support of employer mandated health care coverage.

Marketside food items for sale in Wal-Mart stores

Mon, 13 Jul 2009 22:30:06 +0100

SAN FRANCISCO, July 13 (Reuters) - Wal-Mart Stores Inc has put on hold plans to open more of its Marketside stores, but the world's biggest retailer is testing the sale of Marketside branded food in some of its U.S. discount stores. "We are testing a number of concepts on home meal replacements and chilled entrees in select Walmart stores," Wal-Mart spokeswoman Amy Wyatt-Moore said in a statement on Monday. "The Marketside food offering in select Walmart stores is an example o

UPDATE 1-Rite Aid Germ Defense ads 'false'-US FTC

Mon, 13 Jul 2009 16:52:50 +0100

WASHINGTON, July 13 (Reuters) - Rite Aid Corp will pay $500,000 to settle charges of deceptive advertising involving its Germ Defense medicines, which the drugstore chain had said would prevent and treat colds and the flu, the U.S. Federal Trade Commission said on Monday.

UPDATE 1-UAE'S Aabar buys 40 pct of Daimler's Tesla stake

Mon, 13 Jul 2009 08:25:07 +0100

DUBAI, July 13 (Reuters) - Abu Dhabi-based Aabar Investments has purchased 40 percent of Daimler AG's stake in electric-car start-up Tesla Motors Inc, with the aim of launching a joint venture, Aabar said on Monday.

Levi Strauss completes Anchor Blue store deal

Mon, 13 Jul 2009 18:08:11 +0100

SAN FRANCISCO, July 13 (Reuters) - Levi Strauss [LEVST.UL] said on Monday it had completed its acquisition of 73 Levi's and Docker's Outlet by MOST stores that it had earlier licensed to bankrupt Anchor Blue Retail Group, paying $72 million for the fleet.

UPDATE 3-Mexico's June auto slump raises recovery doubts

Mon, 13 Jul 2009 20:56:07 +0100

* Gross fixed investment drops nationwide (Updates with gross fixed investment data, background)

UPDATE 1-Honda says to launch hybrid sports car in Feb

Mon, 13 Jul 2009 06:00:58 +0100

TOKYO, July 13 (Reuters) - Honda Motor Co plans to launch its CR-Z hybrid sports car in February next year, as it aims to bring more hybrid models to market quickly to tap growing demand.