Wal-Mart
Retail
Wal-Mart donates US$1 million for five ‘Industrial Centers of Hope’ in India
In a move to set up Industrial Centers of Hope in five underserved communities in and around the areas where factories of the company's suppliers are located in India, Wal-Mart announced a grant of US$1.12 million over a three-year...
Retail
GHCL will make debut in Indian retail
After mergers and acquisition of majors like Dan River and Rosebys, the Sanjay Dalmia-promoted Gujarat Heavy Chemicals Ltd (GHCL) is set to launch into a new direction. Come August 21, the company will announce its plans to foray into...
Retail
Trade bandh sets in with Bharti and Wal-Mart tie-up
Siblings Sunil Mittal and Rajan Mittal of Bharti Group assured many a times that the Indian format of Wal-Mart would help the existing hawkers, retailers, wholesalers and vendors to flourish. However, those promises do not seem to be making...
Retail
Wal-Mart to have dairy processing unit
Eyeing possibilities in the dairy sector, Wal-Mart may set up a dairy processing unit in India and is also looking at direct sourcing of processed dairy products, say industry sources.It is learnt that the company will retail products in...
Retail
Bharti stores by middle of next year
Sunil Mittal-led Bharti Group in a statement said that they plan to open their first retail store in the country by the middle of next year. This announcement confirms that the company’s launch plans have been delayed, as the...
Retail
Jubilant Group rolls out Total format
Jubilant Group, which started off with its Monday2Sunday food & grocery retail chains, has now opened its first mall christened Total in Bangalore. The company also announced the re-branding of its Bangalore-based value retail chain Jumbo Saver as Total....
Retail
Who is next after WalMart?
Today, this is the most frequently heard question in retail circles. Nobody knows yet, who’s going to strike its footprint for a pie in India's $300 billion retail basket. If sources are to be believed, then UK's Tesco and...
Retail
Veetee enters ready-to-eat segment
UK-based Veetee Fine Foods, a global exporter of premium basmati rice, has forayed into the ready-to-eat (RTE) segment with its range of rice and curries. The company has invested $3 million in machinery and other infrastructure in its Indian...
Retail
Corporate retailers on Kerala Govt hit list
Ever heard of retail emergency? Incredulously enough, it is seemingly close to being declared in Kerala.The ruling Left Democratic Front (LDF) government in the state has drafted a new legislation on the lines of the Central Essential Commodities Act...
Retail
Wal-Mart and Bharti may sign JV agreement in 15 days
Wal-Mart, entering the cash-and-carry business in India in a joint venture with Bharti, will sign an agreement to this effect. A MOU was earlier signed between the parties. Wal-Mart and Bharti seem to be unfazed by the political opposition...
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Footwear brand Trase reacquired from Upscalio, raises $0.5mn
Trase was acquired by Upscalio in 2021 as part of its strategy to build a diversified portfolio of brands...
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