Stock keeping unit

The largest drug store chain across the US, Walgreens is bursting with beauty news. In less than six months, the chain has added brands and enhanced the cosmetics presentation. Their front-end sales too has gone up - sales rose...

Gourmet food retail chain Godrej Nature's Basket, which recently launched a revamped look and a new logo, plans to expand its presence in Pune, Mumbai and Hyderabad.The new store look was revealed with the launch of its ninth store...

With plans to scale up operations in India and have its presence across the country, Spar will make an investment of Rs.550 crore over the next two years.Speaking exclusively to IndiaRetailing, Viney Singh, MD, Max Hypermarkets, said, “The company...

To help retailers optimise markdown price schedules at the SKU-store level, US-based software solutions company SAS has unveiled SAS High-Performance Markdown Optimisation within its popular SAS Merchandise Intelligence suite.“The unprecedented capabilities of SAS High-Performance Markdown Optimisation let even the...

Finland-based cosmetic brand, Lumene is proving that an unknown brand to most American consumers can achieve relevance in the US market, despite rampant stockkeeping-unit rationalization, consolidation of retailers and an overall tough economic climate.The brand entered America in 2003...

To neutralise the increased input cost built over the last few months, FMCG major Marico, is planning to increase the prices of its flagship hair oil brand ‘Parachute’ and edible oil brand ‘Saffola’. Saugata Gupta, CEO, Marico, told PTI...

Over the course of 60 days this past fall, my wife and I attended three black-tie events connected with the art world. One of the things these three events had in common was that, at each, we received a...

Hypermarket chain Magnit has opened its 28th hypermarket of the small format in Russia. Located at 81, Bogdana Khmelnitskogo Street, Yeysk, the new hypermarket occupies a total space of over 4,800 sq.m and a selling space of over 2,500...

It’s fair to say that Food Lion, LLC, the 1,300-store supermarket chain in the southeastern United States, is nothing like it used to be. What was once a chain that appealed to priceconscious consumers and few others has been...

It defied the aftershocks of a slowdown and decided to fight back with aggressive marketing and branding. For Kolkata-based footwear retail brand Touristor, the downturn has been a rather positive experience -- it led to a balance of aggressive...