Wal-Mart

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...

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...

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...

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...

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...

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...

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...