Monday, December 16, 2019
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L1 Retail to invest up to $3bn in the retail stars of tomorrow

L1 Retail to invest up to $3bn in the retail stars...

LetterOne (L1), the international investment business, on Tuesday announced the launch of L1 Retail, a new retail investment arm.L1 Retail aims to find and develop 21st century...
Global MNCS & Local Giants: Winning in India

Wal-Mart Cuts Costs, Joins Suppliers to Avoid Price Rises

Wal-Mart Stores Inc the world’s largest retailer, is cutting costs and working with suppliers to delay or avoid raising...

Best Buy Europe strategy under review

Best Buy is poised to put its European expansion plans on hold, a move that could raise questions over...

Debenhams leads retailers into bout of bid speculation

Bid theories helped lift retailers as the FTSE 100 pushed higher for the seventh time in eight days.The sector...
Shopper Stop aims to achieve 20 per cent digitally-influenced sales by 2020

Shoppers Stop to raise funds

Department store Shoppers Stop is planning to raise funds to acquire 32% in group firm and hypermarket chain Hypercity,...
Shopper Stop aims to achieve 20 per cent digitally-influenced sales by 2020

Shoppers Stop plans 12 new stores over 3 yrs

Department store chain Shoppers Stop plans to open 12 more outlets with a total area of 650,000 sq ft...

Argos shuts India operation

Argos, part of UK-based home and general merchandise retailer Home Retail Group, has winded up its India operation. Argos...

Argos staff to go on strike

Rejecting a four per cent hike in pay from Argos’ parent company, Home Retail Group, the chain’s distribution staff...
Shoppers Stop to invest Rs 60 cr in digitalising stores, eyes 20 pc revenue from digital influence

Shoppers Stop to launch Argos catalogue

Leading retailer Shoppers' Stop will be soon rolling out its brand new offering, the HyperCity Argos catalogue, with the...

Home Retail warns of slow growth

Britain's biggest household goods retailer, Home Retail Group, warned of slower second half growth despite a forecast-beating 40 per...