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Shoppers In $ 8 b Spend In Early December

Australian shoppers are set to spend a record amount at the stores this month, having already splashed out billions of dollars in the lead-up...

S. Koreas Gs Retail To Build Us $ 30 Mln Trade...

The GS Retail Co. Ltd. from the Republic of Korea has announced a plan to invest US$30 million in a trade complex located in...

Home Depot Makes Its Chinese Foray

U.S. home improvement retailer, Home Depot Inc.s efforts to enter China, has finally paid off. Recently the company signed an agreement to purchase The...

Grupo Elektra expanding in Argentina

Grupo Elektra Mexican retail giant will open operations in Argentina in 2007, offering banking and retail services. It is believed that the company has...

TESCO to Acquire Makro Outlets in Malaysia

The Malaysian government has given its approval to TESCO to purchase 8 strong Makro cash & carry network.According to the Minister of Domestic Trade...

Charges Against ASDA/TESCO/PRIMARK

The UK based ‘Charity War on Want’ in a report has alleged that workers who are involved in manufacturing merchandise for Tesco, Asda and...

Lojas Americanas opens 12 new outlets in Brazil

Lojas Americanas has opened 12 new outlets in four states in Brazil on November 30th. The company has invested $11.2 million in these 12...

Retailers opt for new marketing strategies

Increasing competition is forcing retail chains in India to strengthen their brands. As a post Bharti-Wal Mart JV impact, all major brands like Pantaloon,...

Farmers to push the retail boom

Retail boom in India gets optimistic response from rural India, as many state governments have allowed retailers to purchase produce directly from farmers. Experts...

Wal-Mart hires and fires new ad agency

After the departure of a top marketing executive that helped Wal-Mart to take up another advertisement agency - Interpublic's DraftFCB, Wal-Mart has dropped this...