Strategy
Retail
Best Buy Europe strategy under review
Best Buy is poised to put its European expansion plans on hold, a move that could raise questions over its commitment to electricals retailing in the UK.Best Buy Europe is unlikely to make a final decision by the time...
Retail
Tesco boss: internet sales and stores can work together
Clicks and bricks are the way ahead, says new Tesco chief executive Philip Clarke, as he explains vision for world's third-largest retailer.The most powerful man in British retail says the industry is entering a new era as the worlds...
Retail
Cinépolis, Bangalore reaches one lakh customer mark
Cinépolis, India's first international film exhibitor, has announced that it has achieved the important milestone of one lakh customers in Bangalore, in less than its first 5 weeks of operations.At the occasion, Ashish Shukla, head-exhibition, Cinépolis India, said, “Arriving...
Retail
Big Bazaar to greet shoppers with new look
The country's largest hypermarket chain Big Bazaar, part of the Kishore Biyani promoted Future Group, is undergoing an overhaul. Big Bazaar, popular for its deals and discounts, will now be seen in a new avatar, as it looks to...
Retail
Tesco planning to boost sales with new brands
Tesco, Britain’s biggest retailer, is preparing to launch the first of a range of new brands over the next few weeks as it seeks to bolster its performance.Philip Clarke, the new chief executive, is expected to launch the new...
Retail
Tesco – Britain’s biggest retailer targets green growth
Tesco has grown into the UK's biggest retailer but has ambitious plans to become zero-carbon by 2050 without offsetting, and it's making headway.Britain's biggest retailer is applying a simple but ambitious formula to its long-term expansion plans – future...
Retail
Chinese demand boosts Burberry
Luxury-clothing retailer Burberry PLC said Thursday its net profit more than doubled, boosted by increasing popularity with Chinese shoppers and double-digit growth at both its retail and wholesale operations. The British clothing and accessories company—known for its classic raincoats...
Retail
Subway to Open 2,000 Additional Stores in North America in 2011
Subway announced last week its aggressive growth strategy for this year, with more than 2,000 franchisees “actively searching” for locations."To continue to provide career opportunities to entrepreneurs and offer our world famous submarine sandwiches, which includes a wide range...
Retail
Marks & Spencer boss Marc Bolland has his eye on a return to the US market
Marks & Spencer boss Marc Bolland used his first set of annual results to signal that a return to the American market is on the cards for Britain’s biggest clothing retailer.In an unguarded moment, the Dutchman explained cracking the...
Retail
M&S to open 10 more stores in India, will focus on Delhi
British retail major Marks & Spencer has announced plans to open 10 new stores in India over the next year in collaboration with its partner, Reliance Retail. M&S chief executive Marc Bolland said,"Working with our partner, Reliance Retail ,...
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Entrepreneur Siddhartha Yog buys over 10 lakh shares of Trent for Rs 718 crore
Yog is the founding partner of Xander Group Inc., an emerging markets-focused investment firm that currently manages assets of...
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