Reuters: Consumer Products & Retail News

Carrefour Q2 sales fall as demand remains sluggish

Thu, 16 Jul 2009 18:57:00 +0100

* Q2 French LFL hypermarket sales ex-petrol fall 1.4 pct

ANALYSIS-UPDATE 1-CIT woes may disrupt retailers holiday plans

Thu, 16 Jul 2009 20:34:18 +0100

* Large vendors secure, smaller ones could be squeezed

CIT failure would chill US restaurant operators

Thu, 16 Jul 2009 22:45:24 +0100

LOS ANGELES, July 16 (Reuters) - A potential bankruptcy of CIT Group Inc would be another blow to restaurant operators and other franchisees by removing yet another funding source at a time when many large banks have frozen lending.

RHJ to cut 3,900 jobs at Opel in Germany - paper

Thu, 16 Jul 2009 22:04:04 +0100

FRANKFURT, July 16 (Reuters) - Belgian financial investor RHJ wants Opel to break even in 2011 on an operating basis by closing the carmaker's Antwerp plant, idling production in Eisenach and cutting 3,900 jobs in Germany, a newspaper reported.

Mexico Kimber quarterly net gains on volume, prices

Thu, 16 Jul 2009 22:02:36 +0100

MEXICO CITY, July 16 (Reuters) - Leading paper products company, Kimberly-Clark de Mexico, said on Thursday its second-quarter net profit rose 14 percent, driven by higher prices and sales volume of its core consumer products.

UPDATE 4-Marriott Q2 profit plunges, cuts forecast

Thu, 16 Jul 2009 17:13:56 +0100

* Corporate business has not yet returned- Marriott COO

UPDATE 3-Electrolux cautious despite Q2 profit rise

Thu, 16 Jul 2009 11:49:18 +0100

* Q2 core profit 1.03 bln Swedish crowns, vs 565 mln f/cast

WRAPUP 1-Harley, Polaris warn on motorcycle demand

Thu, 16 Jul 2009 19:00:53 +0100

* One misses, one beats -- but both warn bike sales weak

UPDATE 1-Accor posts 9 pct drop in Q2 sales as hotels hit

Thu, 16 Jul 2009 17:22:36 +0100

PARIS, July 16 (Reuters) - French group Accor posted a 9 percent drop in second-quarter sales as the economic crisis weighed on its hotel business despite slight growth in its prepaid services division.

UPDATE 1-Bankrupt supplier Lear, UAW in tentative contract

Thu, 16 Jul 2009 20:19:49 +0100

DETROIT, July 16 (Reuters) - Bankrupt U.S. auto parts supplier Lear Corp said on Thursday it has reached a tentative contract agreement with more than 700 workers represented by the United Auto Workers union.