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P&G pulls up its socks to increase its market share

Procter & Gamble Co. completed its mission to reach out to more consumers in 2010, helping the firm to reverse its market share losses, which it incurred an year ago. “In fiscal 2010, we reached an additional 200 million...

Tesco’s group sales up 8.2 per cent

Tesco posted a robust 8.2 per cent increase in group sales for the 13-week-period ended May 30, 2010. The company's total international sales also increased by 11.9 per cent at actual exchange rates excluding petrol (5.3 per cent at...

Wal-Mart promotes Andy Clarke as Asda CEO

Wal-Mart, the world's largest retailer, has promoted Andy Clarke as chief executive of its British arm, Asda, which is looking to stem a decline in its market share in recent months.Clarke has had a long career in UK retail....

Carrefour wins case against anti-monopoly watchdog

French retail giant Carrefour’s Indonesian operation has won an appeal at the South Jakarta District Court against the anti-monopoly watchdog’s accusations that it employed unfair business practices.The court ruled Wednesday the claims by the Business Competition Supervisory Commission (KPPU)...

Snow clouds over Asda sales growth

On a snowy morning in February, the café at Asda's supermarket on the Isle of Dogs in east London is doing a brisk trade in its value fried breakfast.Young mums, couples, old age pensioners and local workers are keen...

Arvind Ltd registers net profit of Rs.12.25 crores

Arvind Limited, one of the largest integrated textile, apparel and branded apparel players earned Net Profit of Rs.12.25 crores for the third quarter of current year as against Net Loss of Rs.33.17 crores in the corresponding quarter of the...

Shareholders approve acquisition of DT Cinemas: PVR

Multiplex major PVR said it has received approval from its shareholders to acquire the cinema exhibition business of DLF, DT Cinemas.The members at the extra ordinary general meeting have approved the acquisition of DT Cinemas, PVR said in a...

Global crisis changes face of the Russian retail industry

— By Magdalena GisRussia’s exposure to the global financial crisis had become unquestionable by the end of 2008. After years of dynamic development, a result of the country’s stable economic growth, rising incomes and expansion of modern retail channels,...

PVR acquires DT Cinemas

PVR Ltd, on November 13th, announced that it has reached an agreement with DLF Group’s DT Cinemas to acquire their cinema business on a slump sale basis. PVR will fund the acquisition through part stock and part cash payout....

Ad spends outpace sales growth for FMCG cos

Makers of Fast Moving Consumer Goods (FMCGs) are setting aside a much larger slice of their sales towards advertising and promotions (A&P) this year. Take the case of Hindustan Unilever. Its advertising and promotion spends in the six months...
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Arvind Ltd Q4 profit rises 7.32% at Rs 104.42 crore

Consolidated revenue from operations during the quarter under review stood at Rs 2,074.51 croreNew Delhi: Textiles manufacturer Arvind...
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