traditional
Retail
J.C. Penney, other retailers, take on tough task of reinventing
Trying to redefine itself, Sears Holdings introduced a flurry of concepts when its new chairman, Edward Lampert, took over.It converted stores not attached to malls into Sears Grand stores, which carried food and pharmacy items beside traditional merchandise. A...
Retail
Next Retail to hit districts in South
Next Retail, promoted by the Videocon group, is planning to run a pilot project in the southern States to set up stores in districts. These stores will serve as hubs reaching out to towns and cities in each State....
Retail
Modern retail outgrowing Kirana stores in India: Nielsen Study
Arrival of big retailers has had an impact on small grocers, but neighbourhood stores are still growing their sales, although at a much lower rate than modern trade, according to data from market research firm The Nielsen Company ....
Retail
Penney snags Apple retail executive as next CEO
J.C. Penney Co Inc is bringing in the man who oversaw Apple Inc's wildly successful foray into retail stores to be its next chief executive and help speed up the department store chain's turnaround.Ron Johnson, Apple's senior vice president...
Retail
Discounts erode retailers’ bottom line
The lacklustre start to the sales season has failed to provide any relief from the "deflationary spiral" hitting major retailers. And industry experts said yesterday the culture of discount and counter-discount was driving customers away at a time when...
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
Best Buy learns from the voice of the customer
Finding out what consumers are saying on the internet about its products and performance has helped electronics retailer Best Buy to act to improve its customer experience.It has used findings from text analytics software to put in place improvements...
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
Dunkin’ Donuts plans to expand in America
US-based baked goods and coffee chain Dunkin' Donuts is looking for franchisees to open restaurants at three locations in Michigan – Grand Rapids, Flint and Lansing. It also plans to expand its presence across the country."Dunkin' Donuts is looking...
Retail
Better food courts and mall structure add to revenue
The India Shopping Centre Forum, 2011 saw an interesting debate between restaurant owners and architects, who spoke about the importance of upgrading the food quotient at Indian malls and building a strong design to attract more customers. Anchored by...
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Gujarat’s first PVR IMAX opens at Palladium Ahmedabad
The multiplex is the largest PVR IMAX in Ahmedabad and offers a luxury experience which includes comfortable opulent seating,...
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