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Trent Hypermarket debuts at Hyderabad

Trent Hypermarket Pvt. Ltd., a joint venture between TATA and TESCO has launched its first hypermarket store at Gachibowli, Hyderabad. Star Hyper, a modern retail outlet spread over 22,000 square ft., offers customers a wide range of fresh fruit and...

No proposal to review FDI in multi-brand retail: Nirmala Sitharaman

The Government said that there is no proposal under its consideration to review the foreign direct investment (FDI) policy in the multi-brand retail sector. According to a PTI report: "No proposal is under consideration of the Government to review the...

Govt looking forward to relax FDI norms for multi-brand retail

The Government is weighing the option of permitting overseas retailers to open stores for selling ‘Made in India’ products only as it looks to relax the norms for multi-brand retail for attracting more funds and generating more jobs. According to...

Tesco wages price war on Unilever, stops stocking brand

Britain's largest grocery chain, Tesco, has dropped dozens of Unilever products from its website after a row over prices in the wake of a partly Brexit-driven slump in the British currency. Some of the products whose stocks are dwindling include Marmite, Ben & Jerry’s ice-cream and Lynx...

Robots in Retail: 5 International retailers who are making Sci-Fi a reality

Imagine walking into a store and being greeted by a robot who will not just welcome you with a polite smile but will also fetch items from your shopping list for you, advise you on fashion choices or simply meander through aisles, taking inventory. Sounds like a...

Foreign food companies keen to enter India: Harsimrat Kaur Badal

Minister for Food Processing Harsimrat Kaur Badal said on Thursday that her recent trip to the UK has been successful and lot of international retail and food processing companies have evinced interest to enter India into joint venture with...

Trent to raise Rs 300 crore via non-convertible debentures

Tata group retail firm Trent Ltd is planning to raise up to Rs.300 crore through issuance of non-convertible debentures on a private placement basis and has also approved stock-split to improve liquidity of the company's share. “The board approved an...

AmazonFresh enters London, steps up pressure on UK supermarkets

Amazon has launched a British version of its US AmazonFresh food delivery service in central and east London, raising pressure on Britain’s already under-pressure “Big Four” supermarkets. Its touted as a long-anticipated move by the world's largest online retailer to...

Trent Hypermarket on an expansion spree

The joint venture of Trent Hypermarket and Tesco is now reshaping itself after a meticulously worked upon expansion. By the next fiscal, the chain will be opening 20-30 stores in Maharashtra and Karnataka which have been given permission for...

Indian retailers need to take cues from west to retain profit margins

~India Retail Forum Day-1 deliberates onslaught of mobile, social and human connect~ While the next phase of retail revolution will be driven by India and China unlike the past phases that were driven by the West, Indian retailers lag their...
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Hong’s kitchen opens new outlet at Delhi’s Rohini

Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...
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