Tesco
Retail
ProLogis to develop over one million sq ft in UK for Marks & Spencer
ProLogis, the world's largest owner, manager and developer of distribution facilities, announced that it will develop a new, 1.1 million-square-foot distribution facility for Marks & Spencer, a leading fashion, food and home products retailer in the United Kingdom."Marks &...
Retail
Global retail design firms eying Indian market
The first two days of India Retail Forum 2008 was not just about the retailers, the speakers and the journalists nagging every possible who's who of the industry. But it was also about some of the best retail designing...
Retail
Superquinn up for sale
Sainsbury's, Tesco and Asda are all reportedly interested in buying Superquinn, the Irish grocer that has retained Goldman Sachs to advice on a sale.A price tag of more than €450 million (£358.6 million) is likely to be attached to...
Retail
Tesco lines up property deals worth £500m
Tesco is seeking to continue its sale-and-leaseback programme with a wave of deals that could be worth £500 million to the retailer. The supermarket giant is in talks with potential investors to sell about a dozen of its stores...
Retail
Tesco plans cash-and-carry in India, will support Trent
UK-based supermarket group Tesco has said that it will make an initial investment of around 60 million pounds in setting up a wholesale cash-and-carry business in India. Besides, the group has also entered into an agreement with Tata’s retailing...
Retail
Tesco buys out RBS in £950 million deal
Tesco has taken full ownership of its Tesco Personal Finance (TPF) financial services, in a move that it says will generate £1 billion in profit from retailing services.The company has acquired the Royal Bank of Scotland's (RBS) 50 per...
Retail
Tesco charged of gross under-payment at Indian factory
The UK-based non-profitable organisation today accused British retail giant Tesco of exploiting workers at its garment factory at Bengaluru, saying that the employees there are paid only half the minimum wage.War on Want, a group fighting against poverty in...
Retail
Wal-Mart’s senior VP to join Halfords
Halfords, the UK-based bikes and motor accessories retailer, has appointed David Wild, Wal-Mart’s senior vice-president of new business development, as its chief executive, with effect from August 4.Announcing this, Halfords chairman Richard Pym said: "We are delighted that David...
Retail
Who’s partnering whom, to do what, and when? June-July may answer
Wal-Mart, Tesco, Carrefour… Bharti, Reliance, Future Group, Indiabulls, Shoppers… DLF, Emaar MGF, Parsvnath, Wadias, Rahejas… partnerships, top-line growth plans…NEWS…Few names, a lot of buzz, but little activity. The business of retail, like a tennis ball in play, has been...
Retail
Retail majors pledge to save enviornment
Retail giants including Asda, Sainsbury's and Tesco are set to announce a new, industry wide set of climate change pledges.It is the first time the sector has come together to make such a wide range of pledges.British Retail Consortium...
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Visa appoints Sujai Raina as India Country Manager
In addition to his responsibilities as Country Manager, he will continue to lead business development for Visa in IndiaNew...
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