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US stores cautious in spite of robust results

US retailers, including Walmart, will give a further reading of the state of US consumer confidence this week as they start the sector’s reporting of earnings for the important holiday quarter.Overall monthly sales have remained significantly below pre-crisis levels,...

Asda poised to accelerate small format store openings

Asda plans to open 100 smaller format stores in the next three to five years, according to analysts at JPMorgan.In a note published yesterday, JPMorgan said Asda set out the plans at a supplier conference last week.The UK's second-biggest...

Shoppers Stop to raise funds

Department store Shoppers Stop is planning to raise funds to acquire 32% in group firm and hypermarket chain Hypercity, a top official said. The company is looking at generating Rs 1 billion to Rs 1.2 billion rupees (USD 21.6...

Walmart and CARE launch new initiative to elevate Indian women

As a part of their commitment to women's empowerment, Walmart and CARE announced the launch of a Cashew Value Chain Initiative. As part of the Walmart Foundation's $1 million grant to CARE, a leading humanitarian organization, this project marks...

Wal-Mart looking to open 40 more stores: Sharma

Wal-Mart Stores Inc, the world’s largest retailer, plans to open 40 more cash and carry stores in the country, the Commerce and Industry Minister, Mr Anand Sharma, said here today.In India, Wal-Mart has a wholesale joint venture with the...

Bharti Wal-Mart partners Cadbury to strengthen CSR activities

As part of its corporate social responsibility initiatives, Bharti Wal-Mart has announced the launch of their associate volunteer program in India. Appropriately, Bharti Wal-Mart, in partnership with Cadbury India, will participate in improving the infrastructure of a government school...

Nike direct to consumer operation gets new president

Nike Inc, the global footwear, apparel, equipment and accessories brand for sports and fitness activities, has appointed Jeanne P Jackson as the new president for its direct to consumer operation. As part of her latest assignment, Jeanne will look...

Bharti Wal-Mart to establish retail training centre in Punjab

In an attempt to get skilled manpower, Bharti Wal-Mart Pvt Ltd, the joint venture between Bharti Enterprises and Wal-Mart Stores Inc for wholesale cash-and-carry and back-end supply chain management operations in India, has signed a memorandum of understanding (MoU)...

Bharti unveils new corporate brand identity

Bharti Enterprises, India’s leading business group, has unveiled a new brand identity and strategic vision which is aimed at building the group into India’s finest conglomerate by 2020, said a company press release.Unveiling the new brand identity, Sunil Bharti...

Himalaya targets domestic market; ties up with Reliance, Walmart

Himalaya International Ltd, India’s leading agro-based food manufacturer and exporter, has tied up with Reliance and Bharti Walmart to mark its presence in the domestic market.Branded ‘Himalaya Fresh’, the company will supply all its products to these chains and...
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Bata India aims expansion, to prioritise top 6 brands

The company's retail network now spans over 1,850 stores, including over 500 franchise stores, 650 plus sneaker studiosNew Delhi:...
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