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Retail Industry – The Budget: Before and After – AT Kearney India

Retail Industry – The Budget: Before and After Raman Mangalorkar, Principal, AT Kearney India1. The Indian retail marketThe Indian retail paradigm is shifting with the emergence of new formats in the form of hypermarkets, supermarkets, and specialty and convenience stores. A...

Wal-Mart to acquire China retail chain in a billion-dollar deal

Wal-Mart Stores Inc. will pay about US$1 billion to take over Chinese chain Bounteous Co. Ltd. The acquisition will be done in phases by 2010.Wal-Mart is buying 35 per cent of Taiwan-based Bounteous, which operates 101 hypermarkets in 34...

Auchan to foray in Indian market

World’s ninth-largest food retailer France’s Auchan, is planning to enter India. The $50 billion grocery and consumer goods retailer is said to be talking with the Wadia Group. The sources close to the development have confirmed that the Carrefour...

250 Reliance Fresh stores in next 3 months

Reliance Industries, has planned to expand its Reliance Fresh outlets to over 250 in coming three months. Reliance Fresh already has around 50 stores in Hyderabad, Jaipur, Chennai, NCR and few smaller cities of Andhra Pradesh.In next three months...

Staples Inc. Enters India Through Joint Venture with Pantaloon Retail Limited

Staples, Inc. (Nasdaq: SPLS) announced today a joint venture with India’s leading retailer, Pantaloon Retail Limited, and its new office products business unit, Future Office. The agreement establishes a platform for Staples to enter the $10 billion office products...

Organised Retail – Some Myths Realities and Thoughts

It is the new El Dorado……………the veritable gold rush……….the who’s who of India corporate titans are announcing entry plans virtually every day……the debate on FDI or not to FDI has almost become a national pastime……Media is spewing stories and...

Birla Retail first Hypermarket in Mysore

Aditya Birla Group retail venture has confirmed that it will go ahead with its original plan to roll out hypermarkets called FabCity in Chennai, Coimbatore and Bangalore. The company has also planned to roll out such stores in some...

Fairprice hypermarkets a big hit

FairPrice Xtra hypermarket has become a hit in Singapore. The stores which opened almost two weeks back have attracted over 250, 000 customers so far. Sources close to the company have confirmed that they did not expect such response.The...

TESCO banned from buying Carrefour assets by Slovakia government

According to a new development, Tesco will not be able to buy the Carrefour assets in Czech Republic. In an official statement, the Slovakian Antimonopoly Office has said that it has banned Tesco from buying Carrefour hypermarkets in the...

Carrefour Prefers Local Partner To Landmark

After Wal Mart's entry into India, through joint venture with domestic Indian player Bharti, world's second biggest retailer, Carrefour, is also on the lookout for similar tie-ups with local players, to get maximum exposure.Carrefour was earlier in talks with...
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Mango launches Barcelona-inspired Summer collection on Myntra

Mango, Europe’s leading fashion brand is known for its design, creativity, sustainability and technology New Delhi: Global fashion retailer Mango...
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