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European Union organizes ‘Food Retail Week’ in Mumbai

Following the start of its ‘Tastes of Europe’ campaign on September 6th, 2014 with the ‘Restaurant Week’, the European Union (EU) is now hosting the ‘Food Retail Week’ scheduled from 15th – 21st September in Mumbai. Held as the...

Best Buy could do worse than buy into Australia

Recent rumours linking the world's largest consumer electronics retailer Best Buy with the potential acquisition of Australian retailer The Good Guys have been met with amazement in many quarters. Why would a retailer that is in the process of...

IBM to run Carrefour’s IT systems in France

International retail giant Carrefour has signed 155 million pound agreement with IBM, that will see the technology services provider take over the transformation, management and maintenance of Carrefour’s IT infrastructure and applications in France. IBM said that this will...

Liberty losses widen but sales climb

Iconic London department store Liberty has reported that pre-tax losses widened slightly for the year to December 31, but sales rose 9 per cent to £50.2 million.For the full year, Liberty said pre-tax losses increased from £6.4 million in...

Green plans to transform Topshop London flagship

Arcadia owner Sir Philip Green reveals plans for London revamp in time for Fashion Week as New York store opens. As part of the plan, he is to build on Topshop's groundbreaking US launch in New York with a...

Shoppers lap up Tesco’s increased local produce

Global retail giant Tesco has revealed that the sales of locally sourced products have soared 30 per cent in the calendar year to date.According to Retail Week, the grocer initiated a strategy two years ago to ramp up its...

Card Factory adds 6 stores

UK’s leading greetings card retailer Card Factory has added six stores to its portfolio, bringing its count to 486, reports The Retail Week.As part of the plan, the company has signed for units in Portsmouth and Winchester in Hampshire,...

Zara signs store at Hammerson’s Union Square in Aberdeen

Zara, the flagship chain store of Inditex Group, has signed for a store at Hammerson's Union Square development in Aberdeen, UK. According to the report published in Retail Week, it has signed for a 14,450 square feet retail space...

Habitat to open stores in ME, Russia

UK-based global home furnishing retailer Habitat has planned to open stores in the Middle East and Russia this year. As part of the plan, the company will open its stores in Moscow and St Petersburg in Russia showcasing Habitat's...

Primark sees 5 pc sales up in last 6 months

Primark Stores Ltd, an Irish apparel retailer with dominant presence in Ireland, UK, Netherlands and Spain, has achieved around five per cent sales rise in the last six months. However, the operating profit margin is expected to be lower...
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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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