Tesco
Retail
M&M inks 50:50 JV with Capespan
Mahindra & Mahindra Group, through its agri-business initiative Mahindra ShubhLaabh Services (MSSL), has inked a 50:50 JV with Capespan, a South Africa-based supply-chain company.While Capespan will introduce its popular brands including Cape, Outspan and Bella Nova in the Indian...
Retail
Shoppers’ Stop is Emerging Market Retailer at WRA 08
It was a proud night for India at the glittering World Retail Awards ceremony in Barcelona last night, as BS Nagesh walked up to the stage to receive the trophy for Shoppers' Stop, which was adjudged The Emerging Market...
Retail
Tesco: India is a strong focus but waiting for FDI lift
The second day for World Retail Congress 08 opened with a Breakfast Briefing on ‘If You Think Innovation is Risky, Try Stagnation’. Session Chair Darrell Rigby, partner, Bain & Company, began the talk by differentiating 'innovation' from 'creativity'."Creativity is...
Retail
Dobbies to issue new shares
Tesco-owned garden centre chain Dobbies has planned to raise £150 million by issuing new shares.Dobbies said it intends to raise about £150 million by issuing 12.5 million new ordinary shares at a rate of £12 per share.Dobbies chief executive...
Retail
From World Retail Congress: H&M is Top Performing Retail Brand in Europe
Forrester Research today unveiled its list of the Top Performing European Retail Brands at the World Retail Congress.Jez Hampton, group chief executive, Interbrand, presented the list of 25 retailers, and also highlighted the specific features of operation that had...
Retail
Tesco might open its first store in Russia
Tesco is expected to open its first stores in Russia, according to Bloomberg.The reports say that Tesco has held talks with three property advisers in Russia, and is examining possible store sites, sources confirmed on condition of anonymity.Tesco is...
Retail
Tesco’s Express planning to reach Shanghai next month
UK retail giant Tesco is planning to open its first Express store in Shanghai next month. The chain, which formed a joint venture with a Chinese company in 2004, already has more than 50 hypermarkets on China’s east coast,...
Retail
Chinese and Russian retailers in the world’s largest retailers list
Chinese and Russian retailers have, for the first time, figured in the list of the world's 250 largest retailers, says 2008 Global Powers of Retail,a report from Deloitte Touche Tohmatsu, in conjunction with STORES magazine.The report said six retailers...
Retail
Tesco and Carrefour will visit with respective heads of states
British Tesco and French Carrefour will step up their lobbying in India as representatives of these two retail majors are accompanying British Prime Minister Gordon Brown and French President Nicolas Sarkozy, respectively, when they visit India this month.The British...
Retail
Tesco has 11.8 per cent increase in sales
Leading UK retailer Tesco has reported an 11.8 per cent increase in group sales for the third quarter.In a trading statement, the retailer said strong international revenues had driven its performance over the period, although the retailer stressed its...
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Hong’s kitchen opens new outlet at Delhi’s Rohini
Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...
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