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Gap sales continue to slide

Gap sales have continued to fall 6 per cent for the five weeks to April 4 on last year with comparable sales down 8 per cent.Comparable store sales in March, although down, were an improvement on the same period...

FFI ’09 commences on a positive note

The two-day food exhibition and conference – Food Forum India 2009 (FFI '09) which commenced at The Renaissance in Mumbai reinforced the growth trajectory in the food and beverage retail segment even during these recessionary times. The captains of...

Nike direct to consumer operation gets new president

Nike Inc, the global footwear, apparel, equipment and accessories brand for sports and fitness activities, has appointed Jeanne P Jackson as the new president for its direct to consumer operation. As part of her latest assignment, Jeanne will look...

Cityscape prepares for New York debut

Cityscape, the business-to-business real estate event brand created and developed in the Middle East, has added the United States to its global portfolio.The first Cityscape USA will take place in New York on September 9-12, 2008, providing an opportunity...

Gap investing big on its CSR in India

Gap has joined hands with the ministry of women and child development, government of India, and various state governments for the welfare of children and women in the country. The company, in association NGOs, has also taken various initiatives...

GAP and Nike address ‘quality challenges’ at Pure and Play

The first session of Day III at Pure and Play saw Lakshmi Menon Bhatia, director, global partnerships, social responsibility, Gap Inc., and Tarun Puri, MD, Nike India, speak about the 'challenge of quality' in the business of retail.Defining quality,...

Steel concept store ‘Rods n Bars’ launches in Kolkata

SRMB Udyog Ltd, with the launch of ‘Rods ‘n’ Bars’ in Kankurgachi area of Kolkata, has entered the business of retail. Rods ‘n’ Bars is a 250 square feet store, which will offer a wide range of high quality...

Dell to retail PCs in India

Dell, the world’s second largest makers of personal computers, is planning to take the retail route in India by 2008.“So far, we were concentrating only on the direct-selling model via the web and telephone, in order to ensure a...

In a makeshift and make-believe world

It is almost a year now that Indiaretailing has been echoing the fact that whatever is being said, heard, or seen about organised retail in India, the ‘opposite’ of that is equally true.Organised and unorganised, steel carts in stores...

CUT: a new entrant in fast fashion business

In sync with the growing fast fashion trends in the country, Delhi-based exporter Evinix is entering the fashion retailing business through a multi-brand format called Comfortable Urban and Trendy (CUT).“We call it a 'rapid retail' concept as we will...
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Avenue Supermarts shares plunge over 8%

In terms of volume, 48.77 lakh equity shares of Avenue Supermarts were traded on the NSE and 1.41 lakh...
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