Carrefour
Retail
Amazon to take on Carrefour in the next 10 years
According to a London-based research boutique, Research Farm's latest report,“An Insider View: Amazon.com,” the online retail giant, Amazon's outstanding sales growth will lead to Amazon overtaking the world’s second biggest retailer Carrefour in sales within the next ten years.
The...
Retail
Retail leaders moot segment-wise FDI
Segment-wise FDI in the food and non-food segment is important for the retail sector, said Future Group CEO Kishore Biyani at a close gathering of top industry retailers, which was attended by the who's who of Indian retail.Biyani said,...
Retail
Shoppers Stop open to partnerships in food biz once FDI permitted
Retailer Shoppers Stop, part of the K. Raheja Group, will look to explore partnerships with overseas firms once foreign direct investment is permitted in multi-brand retail, a top official told Reuters."Once the rules on FDI are clear there is...
Retail
Tesco, Walmart a step closer to Indian shores
In a sign that the government is moving towards allowing global supermarkets, such as Walmart, Tesco and Carrefour, to set up deep-discount stores, a committee of secretaries on Friday approved the One of the conditions is that at least...
Retail
Tesco steps up battle for attention of Chinese retail consumers
The battle for supermarket supremacy in mainland China is about to enter a new phase as the United Kingdom-based Tesco chain opens a giant new logistics center and announces plans to open more than 20 new stores nationwide this...
Retail
Carrefour’s Shaky Recovery Prospects
The wheels seem to be coming off Carrefour's shopping cart. On Tuesday, the French retailer's planned merger of its Brazilian operations with retailer Brasileira de Distribuicao collapsed after the Brazilian government withdrew support in the face of opposition from...
Retail
Tesco opens logistics center as it expands
Tesco Plc China will open more than 20 stores this year and has opened its first freehold and largest logistics center in coastal Zhejiang province. Tim Ashdown, chief executive of Tesco China, said that in addition to its core...
Retail
Carrefour Predicts Profit Drop
French retail giant Carrefour SA, reeling from the collapse of a proposed merger in Brazil, on Wednesday defended its growth in emerging markets amid crumbling sales at home and an expected drop in profits.
Second-quarter sales rose 1.6 per cent to...
Retail
Retail demand cheers Lohia Warehouse’s biz
Established to cater to the whopping demand from the retail sector, Lohia Warehouse – a part of the Lohia Group – has said it will double its stock keeping units (SKU) capacity to 25,000 by next year. It currently...
Retail
Brazil backs away from Pao de Acucar deal
Brazil's government will withdraw its financial and political support for a controversial tie-up between retailer Pao de Acucar and the local unit of France's Carrefour, a government official said on Monday, dealing the plan a severe blow.The complex deal,...
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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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