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Cencosud hires new boss for its supermarket

Cencosud, Chilean retailer has hired Thomas Keller as a chief executive of its Jumbo hypermarket and Santa Isabel supermarket chains. Mr. Keller is expected...

Virgin stops digital download in US

In the midst of speculation that digital music market has slowed down, Virgin Megastores has dropped the plans for its digital download service in...

Fairprice hypermarkets a big hit

FairPrice Xtra hypermarket has become a hit in Singapore. The stores which opened almost two weeks back have attracted over 250, 000 customers so...

Cobra Beer planning to expand in India

Lord Karan Bilimoria owned UK-based Cobra Beer, is looking to acquire breweries and also set up a Greenfield plant in India. The company is...

Nike plans to increase retail outlets

The Indian sportswear market is growing at a rate of over 30 per cent and is said to be around Rs 1,500 crore. Keeping...

Coke may buy its co-packers in Bhutan

Coca-Cola India’s bottling arm, Hindustan Coca-Cola Beverages Pvt Ltd (HCCB) is said to be in talks with Bhutan Beverages it co-packers in Bhutan, for...

Evoke Ventures in India

Evoke Ventures, an international retail initiative of the Chennai-based GKK-Taurus Group, has marked its entry in the Indian retail market with its first exclusive...

The Gurus and the Gods – Brands and Retailers – Partners or Adversaries

The Gurus and the GodsBrands and Retailers – Partners or AdversariesBy Rajeev KarwalThe Consumer Durables industry, as I define it is inclusive of consumer...

Burger King likely to adopt franchisee model in India

Burger King is entering the Indian market and is slated to take on McDonald’s in India with its own brand of burger restaurants. Experts...

Videocon may ink Daewoo deal by next month

The bid to acquire Daewoo electronics by Videocon-led consortium, which was about to die seems to have breathed life again. Videocon International had insisted...

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RBI permits UPI transactions via prepaid payment instruments using third-party apps

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