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Business 13 Aug 2004 | 12:00 AM

Toys ‘R‘ to sell stores

Toys 'R' Us Inc, the world's largest toy store chain, is seeking a buyer for its toy business and may spin off its baby products division after losing sales to discount retailers such as Wal-Mart Stores Inc.

Business 15 Aug 2004 | 12:00 AM

Career coaches to the rescue

Lucy Stribley was a take-no-prisoners, no-excuse-for-mistakes kind of rising-star boss several years ago. Although she wanted her team to succeed, few would have considered her warm and fuzzy. In fact, the people she managed at consulting firm Booz Allen Hamilton Inc had dubbed her the 'weedwhacker.'

Business 26 Aug 2004 | 12:00 AM

S$300mil baby-boosting package

The government announced a S$300mil baby-boosting package yesterday, in hopes of reversing an alarming slide in its birth rate to record lows and countering rapid ageing of the population.

Business 27 Sep 2004 | 12:00 AM

Wyeth's focus on quality in children nutrition

Manufacturers of infant and children nutritional supplements are facing intense competition in view of the declining birth rates across the world.

Business 25 Oct 2004 | 12:00 AM

Ex-CEO, buyout firms eye Toys R Us

Toys R Us Inc has opened its financial records to more than a dozen prospective suitors, including a consortium being led by the retailer's former chairman and chief executive Michael Goldstein, sources familiar with the situation said on Friday.

Business 01 Nov 2004 | 12:00 AM

Hytex to double production capacity

HYTEX Integrated Bhd plans to boost its production capacity by almost 100% in anticipation of a strong demand in line with the liberalisation of the international garment market next year.

Business 01 Nov 2004 | 12:00 AM

More World of Babies stores soon

HYTEX Integrated Bhd is targeting to open 20 to 30 World of Babies stores by the end of next year.

Business 12 Dec 2004 | 12:00 AM

Poh Kong has the Midas touch

If there is one company that has transformed the gold jewellery retail industry in Malaysia, it is Poh Kong Jewellers. Set up in 1976 as a 5-sq m, one-counter shop in Petaling Jaya and with a total stock value of RM200,000, it is now a public listed company (Bursa Malaysia main board) with 60 outlets throughout the peninsula and is considered the largest retailer of gold and gem-set jewellery in this country.

Business 14 Dec 2004 | 12:00 AM

Buyout firms to make joint offer for Toys R Us

Private equity firms Permira and Apollo have teamed up to bid for the global operations of Toys R Us, which have an estimated US$3.5bil price tag, the I>Financial Times /I>reported yesterday without citing sources.

Business 11 Mar 2005 | 12:00 AM

US stocks mixed on inflation concerns

Conflicting signals on inflation kept stocks mixed Thursday as investors abandoned riskier stocks and moved to safer blue-chip companies