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Rising fuel cost slows US retail sales

Rising fuel prices and fall in property value led to slow pace of retail sales in the U.S in October as it left shoppers with little extra cash to spend, economists said.Purchases rose 0.1 percent, the smallest increase in...

Get Ready for Wal-Mart — RAMMS initiative

For the first time in India, a retail knowledge-building seminar series, ‘Get Ready for Wal-Mart: How to thrive in the new global retail scene!’, will be organised by RAMMS, one of the leading end-to-end retail consultancy providers.The focus of...

Canadians on shopping spree in USA

With the Canadian dollar going strong, shoppers are crossing into United States to indulge in a shopping spree at the malls despite Canadian retailers trying to win them back by lowering prices and boosting advertising efforts.Sears Canada and Wal-Mart...

Wal Mart to see smallest profit increase in five quarters

The world’s biggest retailer, Wal-Mart Stores Inc., is likely to see smallest profit increase in five quarters after Chief Executive Officer H. Lee Scott lowered prices to lure American shoppers squeezed by rising gasoline costs and mortgage payments.Results at...

SJM and BMS to protest against retail

Pro-RSS Swadeshi Jagran Manch (SJM) and Bharatiya Mazdoor Sangh will be holding a massive demonstration in the capital on November 21 to protest against entry of corporates and foreign retailers into this sector, as they said it threatened the...

Mahindra in real estate retail

Not wanting to be left behind in taking a piece of the retail cake, Mahindra and Mahindra (M and M) is joining in by going in for providing infrastructure as part of its realty projects and not as service...

FDI in retail sector

Government has made it clear that Foreign Direct Investment up to 51 per cent in retail of single brands, which was allowed last year, should conform to certain policy norms, including an obligation on the foreign firm to sell...

Reliance to increase workforce

Undeterred by the protests against it, Reliance Retail has drawn up plans to increase its workforce to one million within the next four years."We will be having a million people working for us within the next four years. What...

Metro ups revenue forecast

Leading German retailer Metro has upped its revenue forecast for current year amid growing overseas sales.World’s third largest retailer said underlying revenue during the three months to the end-September rose 7.1 per cent with operating profit being up 14.8...

Retail healthcare

And now comes retail health care in the form of a doctor’s office in the store called Instaclinic loved by patients but not so much by doctors.The Instaclinic is open 7 days a week with no appointment needed. They'll...
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55 mn sq. ft. of grade-A malls needed by 2027: Cushman & Wakefield

India’s retail sector is on the brink of a significant transformation driven by rising domestic consumption and favourable economic...
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