Wal-Mart
Retail
Wal-Mart and Bharti may sign JV agreement in 15 days
Wal-Mart, entering the cash-and-carry business in India in a joint venture with Bharti, will sign an agreement to this effect. A MOU was earlier signed between the parties. Wal-Mart and Bharti seem to be unfazed by the political opposition...
Retail
Carrefour — first casualty of government policy
Carrefour, the French retailing giant, has put on hold its plans to enter India due to increasing political resistance here. The retailer has made it clear that it won’t enter India till the FDI policy in the retail sector...
Retail
First B2B Expo for Domestic Home Retail Sector concludes
Taking advantage of the booming domestic retail market, the first of its kind expo- ‘Home & Beyond’ was concluded today at the India Expo Center & Mart, Delhi- Greater Noida Expressway in the National Capital Region of Delhi. The...
Retail
Biyani to foray in Cash-and-carry — compete with Reliance and others
Kishore Biyani of Future Group, India’s largest retailer wants to expand in the cash-and-carry (wholesale) business. According to sources, this venture will be named KB’s Wholesale, and is likely to be rolled out by next month. Many experts believe...
Retail
Wal-Mart on a poaching spree
Reliance Retail (RRL) has lost two senior executives to Wal-Mart, signalling another round of hectic movements in India’s emerging retail sector.S Ramesh, head of buying operations at RRL, is learnt to have put in his papers. He is scheduled...
Retail
Cold weather freezes US retailer’s sales
Trends suggest that the U.S. retailers' sales will grow at the slowest pace in past three months due to cold weather. This has been the coldest February since 1979, and has caused the consumer to holdup their shopping of...
Retail
There is hardly much directional focus in the budget – R Subramaniam MD Subhiksha
R Subramaniam
Managing director, Subhiksha“Compared to 5-7 years ago, expectations from the budget are low these days as most of the macro agenda is already done. Since expectations themselves are low, the scope for much disappointment is not there.However, the...
Retail
Wal-Mart 4Q profit rises 9.8 per cent contradicting all expert estimates
Wal-Mart Stores Inc. reported its fourth-quarter profit grew 9.8 per cent, and issued a bullish forecast for the world's largest retailer. Profit for the period ended Jan. 31 was US$3.94 billion, or 95 cents per share, compared to $3.59...
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Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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