Strategy
Retail
Next Retail targets 65 pc growth at Rs 2,500 cr sales in FY12
Electronics, appliances and IT products retail division of Videocon Industries , Next Retail India today said it is aiming for over 65 per cent jump in sales this to touch Rs 2,500 crore. The retail chain that currently operates...
Retail
Massmart eyes online retail
Massmart, which has just merged with US retail giant Walmart, is slowly gearing up to enter the burgeoning market of online retailing.Massmart stores include Game, Makro, Dion Wired, Builder's Warehouse and Builder's Express.The group's CEO, Grant Pattison, said that...
Retail
Tesco Should Conduct Review of Fresh & Easy, CTW Says
Tesco Plc's incoming chairman Richard Broadbent should conduct a strategic review of its unprofitable U.S. chain Fresh & Easy, a pension advisory firm said.Tesco, the U.K.’s largest grocer, needs to outline a strategy for profitability at the unit, CTW...
Retail
Future Group rejigs leadership team
India's largest retailer Future Group has reassigned roles of its top executives to push new businesses such as high-end supermarket and catalogue retailing, as well as to fill the void created by the sudden demise of Future Value Retail...
Retail
Debenhams bucks gloom with sales rise
Debenhams , Britain's No. 2 department store group, said it would meet forecasts for year profit as it bucked the general doom and gloom in the retail sector with a rise in second-half sales. The firm, which trades from...
Retail
Retailers taking risks in quest for growth
Retailers have always been cyclical, hostage to swings in consumer spending. Now, many feel compelled to seek new growth avenues outside their sluggish main markets, taking a step into the unknown.The outlook for most U.S. and western European store...
Retail
Carrefour’s second store to come up in Jaipur
After Delhi, French retailer Carrefour India is likely to set up its second cash and carry store at Jaipur. Expanding its retail canvas, the company is also scaling up its IT platform to enable its customers shop online.According to...
Retail
Reliance Digital strengthens presence in Delhi
Reliance Digital, the consumer durables and electronics arm of Reliance Retail, has announced the launch of its second store at Pinnacle Mall, Dwarka, New Delhi. The 12,000 sq.ft outlet is the retailer's 34th store in the country.Commenting at the...
Retail
Fashion retailer H&M in talks for India foray
Swedish fashion retail giant H&M has started work on entering India. The $15-billion Hennes & Mauritz AB, abbreviated as H&M , began business development talks with India's leading mall developers and corporates with interests in fashion as it looks...
Retail
Sainsbury lands Ocado man in online drive
J Sainsbury has landed a new boss for its online business from internet specialist Ocado and created a position overseeing digital strategy, as Britain's retailers jostle for position in fast-growing e-commerce markets.The country's third-biggest supermarket group said on Thursday...
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Latest News
Fashion brand Theater raises $1.5 mn in pre-series A funding
The funding round was led by Mumbai-based venture capital firm Prath Ventures
New Delhi: Chandigarh-based fashion brand Theater has raised around 12.5...
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