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Tesco to build simpler, more sustainable business; axe 9,000 jobs

Tesco to build simpler, more sustainable business; axe 9,000 jobs

Tesco has recently announced that the brand is making some strategic changes to further simplify the business and this...
Govt should consider 100 pc FDI in multi-brand retail trade: CII

Govt should consider 100 pc FDI in multi-brand retail trade: CII

The Government should consider permitting 100 percent foreign direct investment (FDI) in multi-brand retail trade and further improve ease...
43.3 pc of consumers spent on summer products this year due to heatwave, says GlobalData

43.3 pc of consumers spent on summer products this year due...

The prolonged heatwave in the UK and major sporting events boosted spending on summer items such as outdoor and...
Global Retailers in India: Moves, Leaps & Hurdles

Global Retailers in India: Moves, leaps & hurdles

India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today,...
Tesco to refocus its non-food business by closing Tesco Direct

Tesco to refocus its non-food business by closing Tesco Direct

Tesco has conducted a detailed review of Tesco Direct, its non-food website, and has concluded that, despite its best...
Tata Group plans aggressive expansion of Westside stores

Tata Group plans aggressive expansion of Westside stores

Upbeat on the economic prospects of the country over the next 3-5 years, Tata group company Trent Ltd has...
Tesco to cut another 1,200 jobs to adjust increasing cost pressure

Tesco to cut another 1,200 jobs to adjust increasing cost pressure

Tesco is cutting 1,200 jobs at its head office and support centres as part of a major cost-cutting drive...
Trent Hypermarket debuts at Hyderabad

Trent Hypermarket debuts at Hyderabad

Trent Hypermarket Pvt. Ltd., a joint venture between TATA and TESCO has launched its first hypermarket store at Gachibowli,...
No proposal to review FDI in multi-brand retail: Nirmala Sitharaman

No proposal to review FDI in multi-brand retail: Nirmala Sitharaman

The Government said that there is no proposal under its consideration to review the foreign direct investment (FDI) policy...
Govt looking forward to relax FDI norms for multi-brand retail

Govt looking forward to relax FDI norms for multi-brand retail

The Government is weighing the option of permitting overseas retailers to open stores for selling ‘Made in India’ products...