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Woolworth battles to simulate sales growth

British general merchandise retailer, Woolworths, battling to stimulate sales growth amid mounting competition, reported October 31, a slight fall in comparable retail sales for the 38 weeks of the financial year and said it remains cautious about the trading...

Dr Reddy lab to sell drugs to US retailers

India’s leading drug manufacturer, Dr Reddy’s Laboratories (DRL), has chalked out an ambitious expansion plan in the United States of America where after its successful tieup with top retail chain Wal-Mart now plans to partner at least half a...

Wal-Mart expects slowdown in coming three years

Wal-Mart, one of the largest retailers in the world, has warned that sales growth will slow down over the three years and has decided to cut out its plans on capital expenditure with less cash earmarked for opening new...

DLF aggressive on TN operations

On the back of healthy sales growth seen in Tamil Nadu, direct-selling FMCG company Amway India is in process of strengthening its operations in the state. The company expects to open three more offices in the state by the...

MoneyGram to expand in small towns — setting up Red Shops

MoneyGram, the inward remittance company has major expansion plans to extend its services in tier II and III cities.As a part of its branding exercise, the company will set up its flagship outlets called Red Shops.“Our tie-up with Indian...

Wal-Mart eyes Malaysia

American retail giant Wal-Mart has evinced interest in opening its chain in Malaysia which though Southeast Asia’s third largest economy saw decline in foreign direct investment.“Wal-Mart has shown interest and is keen to open stores in Malaysia,” deputy trade...

Ambanis together can top the rich list

The Indian stock market boom has made the Ambani brothers arguably the richest in the world if one clubs the fortunes of Mukesh and Anil, which at $91.41 billion is far ahead of even the Walton family of Wal-Mart.Sons...

Anti-organised retail demo in Mumbai

More than 20,000 traders, farmers and shopkeepers today marched through the streets of Mumbai, to protest entry of retail giants like Wal-Mart fearing loss of livelihood.Farmers wearing traditional long white shirts and white caps marched through the streets of...

Protests not to deter retail says Mittal

The ongoing protests and prevailing political uncertainty would not impact on the retail sector, said leading industrialist Sunil Bharti Mittal who is set to launch a joint venture with American giant Wal-Mart.“This is a democracy and all these protests...

Duke Fashions plan kidswear foray

Punjab-based apparel maker Duke Fashions (India) has announced plans to foray into kids' apparel segment from next summer. Meanwhile, the company is targeting revenue to the tune of Rs 500 crore within the next three years, from both domestic...
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6 global brands entering India with Reliance in 2024/25

Here’s the list of brands that are anticipated to join the Reliance Brands family in 2024 or 2025 Bengaluru: International brands...
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