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Fossil Group Enters India, Opens 1st Standalone Outlet in Gujarat

Premium lifestyle watches and accessories brand Fossil Group has entered India by opening its first stand-alone concept store in Gujarat, according to a leading daily. After Walmart and Tesco, Fossil has thus become the third FDI investor in India. The...

British Retailer Tesco Plans 6-8 MBOs in India this Fiscal

British retailer Tesco, in a joint venture with Tata group's Trent, plans to open six to eight outlets in Maharashtra and Karnataka under Star Bazaar, Star Market and Star Daily formats this fiscal, according to an official source, mentions...

Restrictions on Foreign Online Retailers in India Likely to Ease Next Month

India could likely remove the restrictions on foreign online retailers next month permitting foreign online retailers such as Amazon.com to sell their own products, according to Reuters.Four people privy to discussions within the government told Reuters that officials believed...

Rising Industry

The Frozen Food category has caught the attention of both processors and consumers, and is estimated to grow three times by 2017In the midst of rising inflation and a recessionary environment, where every industry is struggling to sustain its...

Tesco HSC: A Case Study

HSC is the global services arm for Tesco worldwide, providing key business services for Tesco operations globally. Sanjeev Nagwekar, Director, Property Services, Tesco HSC, spoke about the inception of the centre.The Hindustan Service Centre (HSC) is the global services...

Food Retailers Chalk up Rs 13,000 Crore Losses Last Fiscal: CRISIL

Accumulated losses of food retailers are estimated to have crossed Rs 13,000 crore in the last fiscal, as revealed in an analysis by CRISIL Ratings conducted for the top 10 food retailers (in gestation phase). They accounted for 40...

Food Retailers Chalk up Rs 13,000 Crore Losses Last Fiscal: CRISIL

Accumulated losses of food retailers are estimated to have crossed Rs 13,000 crore in the last fiscal, as revealed in an analysis by CRISIL Ratings conducted for the top 10 food retailers (in gestation phase). They accounted for 40...

British Retailer Tesco Gets CCI Nod for Buying 50% Stake in Trent Hypermarket

Fair trade regulator CCI has cleared British retailer Tesco’s purchase of a 50 percent stake in Tata Group firm Trent Hypermarket, the first FDI transaction in multi-brand retail since the sector was opened up in 2012, according to PTI.Approving...

Trent Mulls Mid-sized Star Bazaar Stores for Faster Profitability

Tata group's Trent, which formed a venture for multi-brand retail with Tesco, is contemplating launching different formats, including mid-sized stores, for 'Star Bazaar' to achieve profitability at a faster pace, as per a PTI report.Noel Tata, Chairman, Trent  said...

Tesco Introduces New Checkout Alternative to Enhance Customer Experience

After the 40th anniversary of the first bar code scan in a retail store, the new Tesco Extra store in Lincoln, England is offering customers a revolutionary new checkout alternative that improves the customer checkout experience by reducing the...
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Digital Icon : Rakesh Bali

Rakesh Bali is at the helm of brand marketing, communications, events, and sustainability-related marcom initiatives for the petrochemicals segment...
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