retail

January seems to be off to a positive start for U.S. retailers as consumers continue to redeem holiday gift cards. Weekly U.S. chain store sales increased by 0.7 per cent for the week ended Jan. 6, according to the...

Global perception about India, about its economic might and potential in terms of market size, has drastically changed over the last few years. While the buoyant manufacturing and services sectors have contributed in fuelling consumption demand in urban as...

The total books, music and gift retail industry in India is currently estimated at Rs.11,500 crore (Rs.13,300 crore at current prices), out of which the share of organised books, music and gift retail is 12.6 per cent, says the...

Cencosud, Chilean retailer has hired Thomas Keller as a chief executive of its Jumbo hypermarket and Santa Isabel supermarket chains. Mr. Keller is expected to join Cencosud sometime next month. Presently Mr. Keller is the head of the Collahuasi...

FairPrice Xtra hypermarket has become a hit in Singapore. The stores which opened almost two weeks back have attracted over 250, 000 customers so far. Sources close to the company have confirmed that they did not expect such response.The...

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 retail outlet at Park Sheraton in Chennai. On shelves will be the Rs 200-crore company's...

The Gurus and the GodsBrands and Retailers – Partners or AdversariesBy Rajeev KarwalThe Consumer Durables industry, as I define it is inclusive of consumer electronics, entertainment electronics, home appliances-large and small, photographic equipment, IT products, telecom, gaming equipment and...

Recent acquisitions has helped AEON with a 19 per cent rise in its nine month operating profit to JPY106.5 billion ($907.7 million) for the period ended Nov. 20th 2006.However, its nine- month same- store sales fell short by one...