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Tesco drops suit against Metro

British retailer Tesco has dropped its long-running trademark suit at the European Court of Justice (ECJ) against its German competitor Metro AG over the use of the Metro trading name.This was disclosed by a spokesperson of the ECJ to...

Wal-Mart eyes Malaysia

American retail giant Wal-Mart has evinced interest in opening its chain in Malaysia which though Southeast Asia’s third largest economy saw decline in foreign direct investment.“Wal-Mart has shown interest and is keen to open stores in Malaysia,” deputy trade...

Global retail giants no threat to Indian retailers — Swraj Paul

Indian retail Monday received rich compliments from none other than leading Non-Resident Indian (NRI) industrialist Lord Swraj Paul who said they are capable of working very well in a competitive market and the entry of global retail giants would...

Michael Green of IMSG will talk retail branding at IRF 2007

Michael Green, managing director (international markets), IMSG, UK, will partake in a session on ‘Branding & Marketing @ Retail’, at India Retail Forum (IRF), on September 5, 2007. He will be joined in by Santosh Desai, MD & CEO,...

Louise Spillard of IGD will be in India for IRF 2007

Louise Spillard, director of International, IGD, will address the emerging food retail issues at the launch session of Food Forum India, at India Retail Forum (IRF) 2007. She will share insights placed within a global context, looking at the...

Who is next after WalMart?

Today, this is the most frequently heard question in retail circles. Nobody knows yet, who’s going to strike its footprint for a pie in India's $300 billion retail basket. If sources are to be believed, then UK's Tesco and...

Veetee enters ready-to-eat segment

UK-based Veetee Fine Foods, a global exporter of premium basmati rice, has forayed into the ready-to-eat (RTE) segment with its range of rice and curries. The company has invested $3 million in machinery and other infrastructure in its Indian...

Tesco to acquire Dobbies — initially with 22.6 per cent holding

Tesco has reached an agreement to acquire Dobbies Garden Centres in the United Kingdom. The deal values Dobbies at GBP155.6 million (USD303 million). Tesco will initially have a 22.6 per cent holding in the company and this will eventually...

Tesco opens first retail test lab in India

Tesco Hindustan Service Centre, global services arm of the world’s third largest retailer – the UK-based Tesco, has launched its first retail test lab in India at its centre in Bangalore. It will test and certify all the retail...

Biyani to foray in Cash-and-carry — compete with Reliance and others

Kishore Biyani of Future Group, India’s largest retailer wants to expand in the cash-and-carry (wholesale) business. According to sources, this venture will be named KB’s Wholesale, and is likely to be rolled out by next month. Many experts believe...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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