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Time for new retail formats

It is the time for ‘new retail formats’ in the Indian retail landscape. According to a latest Technopak study on ‘Top trends in Indian retail sector', India will see the emergence and widespread growth of new retailing formats such...

Carrefour to sell Dell computer products

World’s second largest retailer, Carrefour of France, has inked an agreement with computer maker Dell Inc to sell Dell notebook and desktop computers and thus become the first mass merchandiser in Europe.The Round Rock, Texas, computer company, said Dell...

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...

Printronix Utilizes Microsoft BizTalk RFID Technology

Microsoft embraces Printronix’s patented MP2 Smart encoding technology and new economical SmartLine SL4M UHF RFID printer encoder as part of its strategic global initiative to facilitate effortless RFID encoding and printing through its BizTalk RFID InfrastructurePrintronix Inc. a global...

Wal-Mart to acquire China retail chain in a billion-dollar deal

Wal-Mart Stores Inc. will pay about US$1 billion to take over Chinese chain Bounteous Co. Ltd. The acquisition will be done in phases by 2010.Wal-Mart is buying 35 per cent of Taiwan-based Bounteous, which operates 101 hypermarkets in 34...

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...

Bharti Retail unveils its roadmap for India

Bharti Retail unveiled its roadmap at a press conference in Delhi. Addressing the press conference Mr. Rajan Bharti Mittal, Joint Managing Director, Bharti Enterprises said the company will roll out its first store by first quarter of 2008. The...

New video downloads from Wal Mart

Wal-Mart has launched the beta version of its new video downloads service, which are available at www.walmart.com/videodownloads. This beta service is said to be powered by new technology from HP Video Merchant Services. It not only has more than...

Japanese unit of Wal-Mart expects higher net loss in 2006

Wal-Mart’s Japanese unit Seiyu has announced that the losses in 2006 can be higher than what the company earlier expected. The company expects the net losses to be in the region of $ 479.6 million, which is greater than...

Top Brass of the Industry register with indiaretailing.com

Top brass of the India retail industry have registered as members with indiarertailing.com. The portal was launched by Union Minster of Commerce and Industry Mr. Kamal Nath, at Udyog Bhavan on 9th January 2007.The portal is ten days old...
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Delhivery appoints Prashant Gazipur as Senior VP

Gazipur will take charge of capacity building and operational excellence across the company's last-mile pickup and delivery operationsMumbai: Logistics...
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