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Next Retail to hit districts in South

Next Retail, promoted by the Videocon group, is planning to run a pilot project in the southern States to set up stores in districts. These stores will serve as hubs reaching out to towns and cities in each State....

Ex-Asda chief Leighton takes top job at Peacocks

Retail veteran Allan Leighton has added another high street name to his long CV by taking over as chairman of budget fashion retailer Peacocks.The former Asda chief executive, who has held non-executive positions at a string of British companies...

Nirupam Sahay is business head of Philips Lighting India

Philips India has announced the appointment of Nirupam Sahay, senior director, marketing, Philips Lighting India, as the new business head of the lighting division. In his new role, Sahay will be responsible for the complete lighting business in India.Rajeev...

Philips continues aggressive retail expansion with new Philips Light Lounge

Philips Electronics India Limited, the country’s leading provider of lighting solutions, unveiled its second ‘Philips Light Lounge’ in Chennai. A Light Lounge is an experience zone which gives customers a ‘see, touch and feel’ experience of a diverse range...

Philips launches ‘Light Lounge’ in Gurgaon

Philips Electronics India Limited, one of the leading providers of lighting solutions in India, has launched its first ‘Light Lounge’ in Gurgaon. Located at MG Road, the standalone Light Lounge is an experience zone which gives customers a ‘see,...

Morrisons acquires Kiddicare for £70 mn

Morrison Supermarkets Plc has recently announced the acquisition of multi-channel online retailer Kiddicare, together with the rights to its highly regarded technology platform, for £70 mn. The acquisition is the first step in developing Morrisons' online business. The company...

Morrisons to train 12,000 apprentices

UK's supermarket major Morrisons has announced that it will train more than 12,000 apprentices in 2011, making it the largest provider of apprenticeships in the UK.With 30 percent of senior management having originally started working for Morrisons without a...

Mark Gunter retires from Morrison board

One of the leading supermarket giant Morrisons announced that Mark Gunter, group retail director, has notified the board of his intention to retire in June 2012. Gunter will start a progressive handover of his responsibilities to Mark Harrison...

Morrisons to acquire 16 Netto stores from Asda

UK-based supermarket chain Morrisons has entered into an agreement with Asda to acquire 120,000 sq.ft of additional selling space through the purchase of 16 former Netto UK stores at a cost of £28.1 million. Obtaining the stores is conditional...

Morrisons announces senior management appointments

Morrisons has announced four senior management appointments, three to newly created roles and one internal promotion. The move strengthens the strategic and commercial capabilities of the senior team.Belinda Youngs is appointed to the role of own brand director. She...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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