Hypermarket
Retail
Staples Inc. Enters India Through Joint Venture with Pantaloon Retail Limited
Staples, Inc. (Nasdaq: SPLS) announced today a joint venture with India’s leading retailer, Pantaloon Retail Limited, and its new office products business unit, Future Office. The agreement establishes a platform for Staples to enter the $10 billion office products...
Retail
Organised Retail – Some Myths Realities and Thoughts
It is the new El Dorado……………the veritable gold rush……….the who’s who of India corporate titans are announcing entry plans virtually every day……the debate on FDI or not to FDI has almost become a national pastime……Media is spewing stories and...
Retail
Birla Retail first Hypermarket in Mysore
Aditya Birla Group retail venture has confirmed that it will go ahead with its original plan to roll out hypermarkets called FabCity in Chennai, Coimbatore and Bangalore. The company has also planned to roll out such stores in some...
Retail
Fairprice hypermarkets a big hit
FairPrice Xtra hypermarket has become a hit in Singapore. The stores which opened almost two weeks back have attracted over 250, 000 customers so far. Sources close to the company have confirmed that they did not expect such response.
The...
Retail
TESCO banned from buying Carrefour assets by Slovakia government
According to a new development, Tesco will not be able to buy the Carrefour assets in Czech Republic. In an official statement, the Slovakian Antimonopoly Office has said that it has banned Tesco from buying Carrefour hypermarkets in the...
Retail
Carrefour Prefers Local Partner To Landmark
After Wal Mart's entry into India, through joint venture with domestic Indian player Bharti, world's second biggest retailer, Carrefour, is also on the lookout for similar tie-ups with local players, to get maximum exposure.
Carrefour was earlier in talks with...
Retail
TESCO to Acquire Makro Outlets in Malaysia
The Malaysian government has given its approval to TESCO to purchase 8 strong Makro cash & carry network.According to the Minister of Domestic Trade and Consumer Affairs Datuk Mohd Shafie Apdal this will usher a healthy consolidation of the...
Retail
HyperCITY plans 20 stores by 2009
K Raheja Group's hypermarket chain HyperCITY, is on a major expansion spree. The company is gearing up to invest about Rs.3 billion, to open 20 HyperCITY outlets by early 2009. Currently, there is only one HyperCITY outlet in the...
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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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