cash and carry
Retail
Puma signs JV with Knowledge Fire for retail biz
In an effort to set up retail stores in India, Germany-based high-end lifestyle brand Puma is setting up a JV with RGN Swamy owned knowledge Fire. In the proposed JV, Puma will hold 51 per cent stake and will...
Retail
Obstacles continue for Metro C&C in WB
All's not well for West Bengal chief minister Buddhadeb Bhattacharjee. According to reports, the ruling Left Front plunged into fresh crisis after its alliance Forward Bloc said its ministers would not attend the state secretariat from Monday to protest...
Retail
German firm defers West Bengal entry
After a thorough meeting with the West Bengal chief minister and the agricultural marketing minister, German wholesaler Metro Cash and Carry has deferred taking decision about its project in the state.
Speaking to media, Martin Dlouhy, managing director, Indian subsidiary...
Retail
Wal-Mart to go ahead with India plan
Global retail giant Wal-Mart is firm on expanding its cash and carry stores to India in association with Bharti Enterprises despite opposition to organised retail in different parts of the country.
Speaking to media, Raj Jain, president, Wal-Mart India, said,...
Retail
Future eyes Rs 12,000 cr from private labels
Kishore Biyani-led Future Group is eyeing around Rs 12,000 crore from the private labels by 2012.
Speaking to media on the occasion of India Retail Forum 2008 in Mumbai, Biyani expressed his hopes saying that brands are created by the...
Retail
More Fresh@ stores form Heritage Foods
With an estimated investment of around Rs 50 lakh per outlet, Hyderabad-based Heritage Foods India Private Limited (HFIPL) is planning to open about 50 more ‘Fresh@’ grocery stores by next year in cities including Hyderabad, Chennai and Bengaluru.
Confirming this,...
Retail
FDI in retail sector
Government has made it clear that Foreign Direct Investment up to 51 per cent in retail of single brands, which was allowed last year, should conform to certain policy norms, including an obligation on the foreign firm to sell...
Retail
Metro to open shop in Mumbai
With talks between Maharasthra Government and German retail giant Metro almost in the “final stages,” Mumbai is all set to get its first Metro store in December in the eastern suburb of Bhandup even as the fight between Big...
Retail
Wal-Mart and Bharti ink JV agreement
World's biggest retailer Wal-Mart and Sunil Bharti Mittal-promoted Bharti Enterprises signed agreements on Monday to establish the 50:50 JV company Bharti Wal-Mart Pvt. Ltd, for wholesale cash-and-carry and back-end supply chain management operations.
By the first agreement, Bentonville, Arkansas-based Wal-Mart...
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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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