Reuters: Consumer Products & Retail News

WRAPUP 1-Black Friday sales seen strong, but will it last?

Fri, 27 Nov 2009 21:43:09 GMT

* Early rush may not be sustained through holiday season

UPDATE 1-INTERVIEW-Toys R Us CEO says "optimistic" about holiday

Fri, 27 Nov 2009 19:13:39 GMT

NEW YORK, Nov 27 (Reuters) - Toys R Us Inc [TOY.UL] Chief Executive Jerry Storch said he is "optimistic" about the holiday shopping season after scores of parents picked up season's favorite Zhu-Zhu Pets hamsters and classic toys like Lego on Black Friday.

UPDATE 3-US Black Friday draws strong traffic, less frenzy

Fri, 27 Nov 2009 19:02:30 GMT

* Early rush may not be sustained through holiday season

INTERVIEW-UPDATE 2-Macy's encouraged by early Black Friday signs

Fri, 27 Nov 2009 18:10:24 GMT

* Macy's CEO says early Black Friday signs encouraging

UPDATE 1-GM's Saab says talking to possible buyers

Fri, 27 Nov 2009 17:47:15 GMT

* Saab in contact with suitors for the 60-year-old company

UPDATE 1-Three brewers eyeing Mexico's FEMSA -sources

Fri, 27 Nov 2009 17:22:09 GMT

* SABMiller, Heineken, Kirin interested in FEMSA Cerveza

UPDATE 3-Renault pledges aid to help Russia partner

Fri, 27 Nov 2009 17:19:21 GMT

* Renault exec sees 2010 Russian car mkt below 1.6 mln units

Three brewers interested in Mexico's FEMSA -sources

Fri, 27 Nov 2009 16:24:45 GMT

LONDON, Nov 27 (Reuters) - Three brewers are interested in acquiring Mexico's FEMSA Cerveza in a $7.5-billion plus auction, with SABMiller seen front runner in a deal likely to be sealed in January, sources close to the situation said Friday.

UPDATE 1-Geely outlines Volvo cars technology deal

Fri, 27 Nov 2009 16:02:26 GMT

BEIJING/LONDON, Nov 27 (Reuters) - Zhejiang Geely Holding Group laid out how it and Ford Motor plan to handle intellectual property (IP) rights for Volvo Car Corp., clearing a major barrier in its bid to acquire the Swedish brand.

GM's Saab says talking to possible buyers

Fri, 27 Nov 2009 15:39:34 GMT

STOCKHOLM, Nov 27 (Reuters) - U.S. auto giant GM's [GM.UL] Saab Automobile said on Friday it was talking to possible buyers, days after tiny Swedish sportscar maker Koenigsegg pulled out of a deal to take over the closure-threatened unit.

UPDATE 2-Tata Motors in profit as Jaguar's outlook brightens

Fri, 27 Nov 2009 14:37:09 GMT

* Q2 net profit 218 mln rupees, yr ago loss 9.42 bln rupees

UPDATE 1-Safilo rescue deal hopes boost shares

Fri, 27 Nov 2009 13:43:06 GMT

* Some bondholders said to be hoping for better offer

Carlsberg to cut 4 brands out of 27 in Germany

Fri, 27 Nov 2009 13:01:12 GMT

COPENHAGEN, Nov 27 (Reuters) - Carlsberg , the world's fourth-biggest brewer, said it would scrap four brands in Germany and focus on the north of the country, where the market is less crowded.

Continental refinancing done by Christmas - sources

Fri, 27 Nov 2009 12:49:21 GMT

FRANKFURT, Nov 27 (Reuters) - Indebted German automotive supplier Continental AG aims to conclude negotiations over a refinancing of its syndicated loan with creditors before Christmas, several sources familiar with the matter said. Continental is set to pay a higher interest rate in exchange for postponing a 3.5 billion euro ($5.2 billion) tranche payment due in August next year.

India's Tata Motors posts consolidated qtrly profit

Fri, 27 Nov 2009 10:24:40 GMT

MUMBAI, Nov 27 (Reuters) - Tata Motors , India's top vehicle maker, unexpectedly posted a consolidated profit for the September quarter, helped by tighter control of costs and gains from investments in associate firms.

INTERVIEW-UPDATE 2-Subaru marches on in US but more work ahead

Fri, 27 Nov 2009 09:25:27 GMT

* Need work improving profitability but strategy in place

UPDATE 3-Carphone ups earnings view, confident on Christmas

Fri, 27 Nov 2009 09:09:17 GMT

* To accelerate Wireless World rollout; megastores on track

UPDATE 1-French consumer morale at best level since Dec '07

Fri, 27 Nov 2009 09:05:39 GMT

* Full impact of unemployment yet to sink in, economists say

INTERVIEW-Carphone "quietly confident" on Christmas trading

Fri, 27 Nov 2009 08:24:12 GMT

* Sees demand for prepay touchscreen phones, laptops

UPDATE 2-San Miguel ally buys stake, may trigger takeover

Fri, 27 Nov 2009 08:23:53 GMT

* Says may make tender offer for rest of San Miguel shares

Metro eyes Otto's white goods brand Privileg-paper

Fri, 27 Nov 2009 07:30:39 GMT

FRANKFURT, Nov 27 (Reuters) - German retailer Metro is in talks to buy the the Privileg white goods brand from mail-order group Otto, the Financial Times Deutschland newspaper reported on Friday without citing any sources.

US shoppers hit Black Friday sales with pared budgets

Fri, 27 Nov 2009 06:04:10 GMT

NEW YORK, Nov 27 (Reuters) - Americans headed to department stores in droves in the dead of night on Friday to kick off the holiday shopping season, though many said they had pared back how much they would spend on family members and on themselves.

INTERVIEW-Subaru U.S. Nov sales up 20 pct yr/yr

Fri, 27 Nov 2009 05:47:24 GMT

TOKYO, Nov 27 (Reuters) - Fuji Heavy Industries , the maker of Subaru-brand cars, has seen its U.S. vehicle sales rise 20 percent so far this month from a year ago, continuing a strong run in its main market, its chief executive said on Friday.

UPDATE 2-No Thanksgiving rest for retailers in sales race

Fri, 27 Nov 2009 00:37:35 GMT

* 2009 holiday season to test consumer resilience (Adds quotes from shoppers)

NZ's F&P Appliances posts H1 loss on writedowns

Thu, 26 Nov 2009 21:15:15 GMT

WELLINGTON, Nov 27 (Reuters) - New Zealand kitchen and laundry appliance maker Fisher and Paykel Appliances Ltd posted a first half loss on asset writedowns and weak sales, the company reported on Friday.