Metro
Retail
Food processing minister expresses solidarity with organised sector
Minister for Food Processing Subodh Kant Sahai today said that Department of Industrial Policy and Promotion (DIPP) has been asked to undertake an in-depth study on the impact of foreign direct investment (FDI) in food retail. The report is...
Retail
Unitech to develop 48 malls and supermarkets
India’s leading construction company, Unitech, plans to develop 48 malls and shopping centers over the next six years involving an investment of about Rs 20,000 crore.
The malls which will be constructed in phases would cover more than 20 million...
Retail
Goods once sold ‘will be’ taken back or exchanged
Note on cash memos and bills reading `goods once sold will not be taken back or exchanged', will not be seen anymore in Kerala, as the state government has directed traders and retailers to stop carrying this announcement, according...
Retail
Metro to expand India operations
Undeterred by the ongoing protests against foreign entrants in retail, the German cash-and-carry major Metro plans to expand its operations in India. The company is looking at pan-India presence and plans to increase sourcing from the country.
According to Alan...
Retail
South India metros top retail location says study
Southern Indian Metros of Hyderabad, Chennai and Bengaluru have emerged as the country's top retail locations and posted the highest growth in high street rentals over the past year, says a survey.
The Cushman and Wakefield India Retail survey showed...
Retail
Indian retail suffers loss of Rs 9691 crore
Shoplifting and waste led to Indian retail industry suffering massive loss of Rs 9691 crore in the current year, said a study.
Despite the boom in the retail sector and international retail giants like Wal-Mart, Metro, Tesco and others going...
Retail
Metro ups revenue forecast
Leading German retailer Metro has upped its revenue forecast for current year amid growing overseas sales.
World’s third largest retailer said underlying revenue during the three months to the end-September rose 7.1 per cent with operating profit being up 14.8...
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
Tesco drops suit against Metro
British retailer Tesco has dropped its long-running trademark suit at the European Court of Justice (ECJ) against its German competitor Metro AG over the use of the Metro trading name.
This was disclosed by a spokesperson of the ECJ to...
Retail
VF Arvind gets bullish on India
VF Arvind Brands, the newly formed joint venture between Arvind Brands and the US-based branded lifestyle apparel maker VF Corporation, is eyeing more international brands from the VF Corporation portfolio to be introduced in India.
Targeting the middle-income group, 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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