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Bharti-Wal-Mart’s distribution centre to open in Punjab

Bharti Retail has planned to invest around $2.5 billion to set up multiple format stores including neighborhood stores, supermarkets and hypermarkets by 2015.Speaking at...

Wal-Mart plans to open in Russia

Wal-Mart, as part of its initiatives for international expansion, has planned to open in Russia and surrounding countries.Wal-Mart vice-chairman Mike Duke said: "We are...

Thirty million cases of shoplifting go undiscovered: EHI study

Inventory discrepancies in the German retail sector as a whole add up to four billion euros annually, EHI observes in its current survey. Dishonest...

If music can help in selling food, play on

‘If music be the food of love, play on’, said Shakespeare. People in the business of retailing food seem to have altered it a...

Unitech in talks with Lehman to raise funds

Unitech, the country’s second largest real estate developer, in a statement made to the Bombay Stock Exchange (BSE), said it is in talks with...

Govt issues changes in FDI policy

A consolidated report on changes made to the policies and regulations that govern foreign direct investment (FDI) in India, was released by the Centre...

Bombay Dyeing opens first store in Dubai

Bombay Dyeing has opened its first retail store in Dubai. For this venture, the company has joined hands with the Dubai-based retailer Rivoli Group.Speaking...

Perry Ellis planning to enter India

As part of its strategy to expand overseas, the US-based apparel maker Perry Ellis International Inc. is exploring options to enter India and China.Paul...

Indians see cotton as the fibre best suited for fashion

Global Lifestyle Monitor (GLM) 2008, a study released by Cotton Council International (CCI), revealed a consistent preference for cotton among Indian consumers but a...

Liverpool to expand operations

Ahmedabad-based garments and fashion accessories company Liverpool Retail India has planned to invest around Rs 500 crore in the next two years to expand...

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