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Ian McLeod is a new managing director of leading Australian grocer Coles.McLeod was chief executive of Halfords and had joined the company in 2003 and has been chief executive since February 2005. He has also been a part of...

French retail giant Carrefour has grabbed 75 per cent stake in Indonesian retailer Alfa Retailindo in a deal worth US$70.7 million, as part of its strategy to reinforce its presence in ‘key growth markets’.This move by Carrefour, which was...

Chinese and Russian retailers have, for the first time, figured in the list of the world's 250 largest retailers, says 2008 Global Powers of Retail,a report from Deloitte Touche Tohmatsu, in conjunction with STORES magazine.The report said six retailers...

German retail giant Metro Cash & Carry witnessed over six per cent growth in its India operations.The company’s sales rose over seven per cent last year largely due to continuing international growth, clocking revenue of US$96.7 billion, a rise...

Nearly two-thirds of consumers shopping at retail outlets in the United States are giving the ultimate last-minute gift this year, said a poll released by the NPD Group Inc., a consumer and retail research firm based in Port Washington,...

Industry speculations of Bharti Retail acquiring Big Apple chain of stores are mere rumours and nothing is happening on that front, both the parties told Indiaretailing.“These are mere industry speculations and the company cannot comment on these. We do...

Minister for Food Processing Subodh Kant Sahai today said that Department of Industrial Policy and Promotion (DIPP) has been asked to undertake an in-depth study on the impact of foreign direct investment (FDI) in food retail. The report is...

Even before the findings on retail trade by Indian Council for Research on International Economic Relations (ICRIER) have been made public, contradictory reports have begun appearing in the media.The ICRIER was commissioned by the Prime Minister’s Office (PMO) at...