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Copper Users Press London Exchange to Reduce Warehouse Backlogs

2013-04-30 19:10:46| Industrial Machines - Topix.net

A group of industrial copper users is pressing the London Metal Exchange to reduce growing queues at warehouses that they say are contributing to supply constraints and rising fees.

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Carphone Warehouse buys out Best Buy

2013-04-30 15:13:50| BBC News | Business | UK Edition

Mobile phone retailer Carphone Warehouse agrees to buy out its joint venture partner Best Buy, giving it full control of its retail operations across Europe.

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Carphone Warehouse to buy back Best Buy stake in business

2013-04-30 09:09:00| Telecompaper Headlines

(Telecompaper) Carphone Warehouse has agreed to buy back Best Buy's 50 percent share in their joint venture CPW Europe for GBP 471 million in cash and stock. Carphone sold the US retailer half its European business five years ago as part of plans to bring the Best Buy 'big box' stores to Europe and share its mobile retail knowledge with Best Buy in the US. The venture proved unsuccessful in Europe, Carphone sold its share in the US venture, and Best Buy is now exiting the European company. The two are also ending their Global Connect partnership and joint venture in China and Mexico. Carphone will pay an initial GBP 341 million cash and GBP 80 million in its own shares, as well as GBP 50 million in deferred cash payments on the first and second anniversaries of the transaction. To fund the cash portion of the deal, Carphone is selling 47.2 million shares, or a 9.99 percent stake in the group, on the open market. Best Buy said it will take a USD 200 million impairment charge on the activities for accumulated forex losses.

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UK: Courtaulds benefits from new warehouse solution

2013-04-29 17:37:22| Daily apparel & textile news and comment - from just-style.com

Courtaulds, one of the largest apparel suppliers in the UK, has helped boost stock visibility, accuracy and efficiency with a new warehouse management solution from Infor.

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United Parcel Service currently hiring for warehouse positions

2013-04-17 07:57:26| Trucking - Topix.net

United Parcel Service , the largest package delivery company in the nation, is hiring for warehouse associate workers to do loading and unloading, packing and unpacking, auditing, general housekeeping, kitting, inbound processing, scanning orders, shipping and receiving, put-a-way, data entry into computerized inventory control systems and ... (more)

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