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Indiaretailing Bureau

Pantaloon demerges sports business

Pantaloon Retail India Ltd, a part of the Future Group, today decided to split fashion and sports business of the joint venure entiy, Planet...

Retail thefts touch US dollars 98.6 billion

Retailers in 32 countries suffered losses estimated at US$98.6 billion says a finding by Centre for Retail Research with the parameter for measuring the...

Macys swings to profit

American retailer Macy's said it had a fiscal third-quarter profit after limiting expenses. The retailer cut its fourth-quarter sales forecast, sending the shares down...

British retail sales fall unexpectedly

For the first time in nine months retail sales in U.K. fell unexpectedly in October as shoppers bought less food and clothing, a sign...

Thailand assembly approves retail legislation

In a move to streamline the retail sector, Thailand's National Legislative Assembly (NLA) approved by 97 votes for...

Metro shares up on talks of merger with Arcandor

The shares of Germany’s largest retailer Metro AG ended the week on a high note amidst speculation that it was planning to join rival...

Bombay Rayon plans Rs 1100 crore investments

Bombay Rayon Fashions Ltd has announced its plan to invest Rs 1,100 crore to set up 6-7 fabric and garment making units in Maharashtra.When...

Israeli technology for NE food production

The North East Development Finance Corporation Ltd (NEDFi) based in Guwahati, Assam, has harnessed Israeli expertise for the development of agriculture in the northeast...

Recovery in US buoys WalMart

World’s leading American retailer, Wal-Mart, had a 11 per cent jump in third-quarter profits as its US business showed an “improved performance.”The retail giant...

Chinese government orders probe into Carrefour stampede

The Chinese government ordered a probe into the stampede at the Carrefour store in which three persons were killed when the retail outlet had...

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