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Tesco plans loyalty card to tackle U.S. losses

Tesco, the world's no.3 retailer, will test a version of its successful Clubcard loyalty card in the United States as it battles to stem losses at its Fresh & Easy chain. The British supermarket group said on Monday it...

Indian retailers are worried over lack of talent and threat of poaching: Study

The Indian organised retail sector is worried over the lack of talent, threat of poaching, unavailability of experienced manpower and stressful work environment, says a study undertaken jointly by Deloitte Touche Tohmatsu India and the Retailer's Association of India...

PVR launches four screen multiplex in Udaipur

PVR Ltd, the leading entertainment company in India, has announced the launch of its first four screen multiplex in Udaipur at Celebration Mall. The multiplex will have a capacity of 1150 seats and will provide an exhilarating digital movie...

Samsonite initiates new marketing strategy through online medium

Leading luggage manufacturer Samsonite has launched its campaign ‘Step Out with Harsha’ in order to build its brand image in the online media. This according to Samsonite will not only capture the online space but also create a buzz...

Carrefour under fire for Brazil plans

Tensions over Carrefour’s contentious plan to merge its Brazilian assets with those co-owned by a French rival have intensified after a shareholder lobby group raised concerns with Paris regulators about the deal.Deminor, a group which acts on behalf of...

Tesco, Gome enter strategic cooperation

Tesco PLC, the world's third-largest grocery chain by sales, on Monday signed a strategic cooperative agreement with Gome Electrical Appliances Holdings Ltd. The move signals a further step in the UK retailer's development of shopping malls and underlines its...

Emami makes a foray into the neutraceutical segment

Kolkata-based FMCG Emami is planning to foray into the neutraceutical business, besides expanding its pharmacy chain in the rest of the country.The Rs 3,500-crore group is modeling its expansion similar to UK-based Boots retail chain which sells medicines online...

Next Retail targets 65 pc growth at Rs 2,500 cr sales in FY12

Electronics, appliances and IT products retail division of Videocon Industries , Next Retail India today said it is aiming for over 65 per cent jump in sales this to touch Rs 2,500 crore. The retail chain that currently operates...

Massmart eyes online retail

Massmart, which has just merged with US retail giant Walmart, is slowly gearing up to enter the burgeoning market of online retailing.Massmart stores include Game, Makro, Dion Wired, Builder's Warehouse and Builder's Express.The group's CEO, Grant Pattison, said that...

Tesco Should Conduct Review of Fresh & Easy, CTW Says

Tesco Plc's incoming chairman Richard Broadbent should conduct a strategic review of its unprofitable U.S. chain Fresh & Easy, a pension advisory firm said. Tesco, the U.K.’s largest grocer, needs to outline a strategy for profitability at the unit, CTW...
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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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