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Tesco might open its first store in Russia

Tesco is expected to open its first stores in Russia, according to Bloomberg.The reports say that Tesco has held talks with three property advisers in Russia, and is examining possible store sites, sources confirmed on condition of anonymity.Tesco is...

Dell to retail through Croma

Dell, the US-based personal computer (PC) maker, has joined hands with Croma, the consumer electronics retail division of Tata group, to retail their range of products in India.Announcing the deal, Michael Tatelman, a Dell spokesperson, said: "The agreement with...

Technopak conclave: Opportunities — beyond metros — beyond conventions

Emerging markets and Asia’s retail economies were among the key subjects of discussion on day 2 of the 9th Marketing & Retail Conclave, 2008, organised by Technopak in New Delhi.Staf Lenders, property and establishment manager, Ikea, India, communicated his...

Tesco’s Express planning to reach Shanghai next month

UK retail giant Tesco is planning to open its first Express store in Shanghai next month. The chain, which formed a joint venture with a Chinese company in 2004, already has more than 50 hypermarkets on China’s east coast,...

Carrefour’s India partner still a suspense

The announcement of the Indian partner of French retailer Carrefour, which was expected during the ongoing visit of French President Nicholas Sarkozy, has been put on hold for some time. The chairman of the world’s second largest retailer Jose...

Carrefour buys 75% of Alfa Retailindo

French retail giant Carrefour has grabbed 75 per cent stake in Indonesian retailer Alfa Retailindo in a deal worth US$70.7 million, as part of its strategy to reinforce its presence in ‘key growth markets’.This move by Carrefour, which was...

Videocon to consolidate retail business — forms Videocon Retail

Videocon Industries is entering the grocery and lifestyle retailing market through cash-and-carry format, and is planning to have all its retail formats under an umbrella brand called Videocon Retail, by mid-2008.The company’s retail brands include Next Retail, the recently-acquired...

Chinese and Russian retailers in the world’s largest retailers list

Chinese and Russian retailers have, for the first time, figured in the list of the world's 250 largest retailers, says 2008 Global Powers of Retail,a report from Deloitte Touche Tohmatsu, in conjunction with STORES magazine.The report said six retailers...

Tesco and Carrefour will visit with respective heads of states

British Tesco and French Carrefour will step up their lobbying in India as representatives of these two retail majors are accompanying British Prime Minister Gordon Brown and French President Nicolas Sarkozy, respectively, when they visit India this month.The British...

Carrefour and Reliance negate prevailing grapevine

Even as French retailer Carrefour is yet to finalise a partner in India for launching its operations and a decision in this regard could be expected this month, “whatever is appearing in a section of the media is just...
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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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