Carrefour
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
Carrefour — We have no Contact with Reliance
As widely reported in the Indian media, Reliance Industries, owned by Mukesh Ambani, is closing in to acquire stakes in the French retail giant Carrefour. Sources in the know have said that both the companies are also considering a...
Retail
Carrefour Potboiler — Chairman made to resign under pressure
Luc Vandevelde, the chairman of Carrefour, has resigned after it was revealed that two new shareholders, Groupe Arnault and Colony Capital, have accumulated about 10 per cent stake in the company. Robert Halley of the Halley family will replace...
Retail
Carrefour adds another twist to its Indian story
The story of Carrefour’s Indian partner just took another turn, when it was learnt through sources that the French retailer is in talks with HDFC group, over a possible tie-up.
If the said deal goes through, it is believed that...
Retail
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...
Retail
Home Depot announces new president for China
The world's largest home improvement retailer, Home Depot, has appointed Yves Chen as president of its retail operations in China. Mr. Chen will report to Annette Verschuren, president, Home Depot Asia and Canada.
Mr. Chen has 19 years of global...
Retail
Auchan to foray in Indian market
World’s ninth-largest food retailer France’s Auchan, is planning to enter India. The $50 billion grocery and consumer goods retailer is said to be talking with the Wadia Group. The sources close to the development have confirmed that the Carrefour...
Retail
Birla to roll out supermarkets by June 15
AV Birla group’s retail venture, Aditya Birla Retail (ABR), has planned to make its foray in the retail market with 15 supermarkets at Nashik, Pune and other tier II cities in western India in June this year.
The company has...
Retail
Carrefour to finalize JV for India
Sources close to the development have confirmed that the French retail giant Carrefour is in the last stage of entering a Joint venture for its India foray.
It is believed that Carrefour is about sign the JV with the Wadia...
Retail
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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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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