Carrefour
Retail
Tesco buys South Korean Homever stores
To strengthen its business in South Korea, Tesco has acquired around 36 Homever outlets for £958 million.Most of the shops, bought from E-Land group, are former Carrefour hypermarkets, and a majority of them will be converted to Tesco's Homeplus...
Retail
No FDI: Expected decision at unexpected time
“Almost 97 per cent of the retail business is unorganised, and nothing will be done that can lead to job loss or have an adverse impact on those involved in this sector,” was a simple statement that Union Commerce...
Retail
Parsvnath VP will join Carrefour
Abdul Rab, vice president for retail and business development at Parsvnath Developers will join Carrefour as director, business development in the third week of May, sources close to the development, told Indiaretailing.Rab will take care of the new initiative...
Retail
M&M inks 50:50 JV with Capespan
Mahindra & Mahindra Group, through its agri-business initiative Mahindra ShubhLaabh Services (MSSL), has inked a 50:50 JV with Capespan, a South Africa-based supply-chain company.While Capespan will introduce its popular brands including Cape, Outspan and Bella Nova in the Indian...
Retail
From World Retail Congress: H&M is Top Performing Retail Brand in Europe
Forrester Research today unveiled its list of the Top Performing European Retail Brands at the World Retail Congress.Jez Hampton, group chief executive, Interbrand, presented the list of 25 retailers, and also highlighted the specific features of operation that had...
Retail
World Retail Congress 08 underway in Barcelona
he current global economic and social uncertainty is a great source of opportunity for retailers with robust and decisive strategies that respond to the revolution in consumer behaviour. This was the clear message from the opening session of the...
Retail
New opportunities and new markets top of mind at WRC 08
Carrefour to enter Russia
Hypermarket major Carrefour will be entering Russia next year with two stores, one of which will open in Moscow, Jose Luis Duran, CEO, Carrefour, has confirmed. Speaking to Indiaretailing on the sidelines of World Retail Congress...
Retail
Carrefour India cash-and-carry to open in 2009
David Shriver, strategic adviser to the chief executive, Carrefour, speaking to Indiaretailing exclusively on the sidelines of World Retail Congress 08, confirmed Carrefour moves into Russia in a few months' time. On India he said, "We will be opening...
Retail
Tesco: India is a strong focus but waiting for FDI lift
The second day for World Retail Congress 08 opened with a Breakfast Briefing on ‘If You Think Innovation is Risky, Try Stagnation’. Session Chair Darrell Rigby, partner, Bain & Company, began the talk by differentiating 'innovation' from 'creativity'."Creativity is...
Retail
Reliance and Pantaloon to have STR-tested products
India's leading retailers including Reliance Retail and Pantaloon are reported to be in talks with the US-based Specialized Technology Resources Inc. (STR) to get STR certification for all their products.STR recently launched their first testing laboratory in India, at...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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