Strategy
Retail
Future Group rejigs leadership team
India's largest retailer Future Group has reassigned roles of its top executives to push new businesses such as high-end supermarket and catalogue retailing, as well as to fill the void created by the sudden demise of Future Value Retail...
Retail
Debenhams bucks gloom with sales rise
Debenhams , Britain's No. 2 department store group, said it would meet forecasts for year profit as it bucked the general doom and gloom in the retail sector with a rise in second-half sales. The firm, which trades from...
Retail
Retailers taking risks in quest for growth
Retailers have always been cyclical, hostage to swings in consumer spending. Now, many feel compelled to seek new growth avenues outside their sluggish main markets, taking a step into the unknown.The outlook for most U.S. and western European store...
Retail
Carrefour’s second store to come up in Jaipur
After Delhi, French retailer Carrefour India is likely to set up its second cash and carry store at Jaipur. Expanding its retail canvas, the company is also scaling up its IT platform to enable its customers shop online.According to...
Retail
Reliance Digital strengthens presence in Delhi
Reliance Digital, the consumer durables and electronics arm of Reliance Retail, has announced the launch of its second store at Pinnacle Mall, Dwarka, New Delhi. The 12,000 sq.ft outlet is the retailer's 34th store in the country.Commenting at the...
Retail
Fashion retailer H&M in talks for India foray
Swedish fashion retail giant H&M has started work on entering India. The $15-billion Hennes & Mauritz AB, abbreviated as H&M , began business development talks with India's leading mall developers and corporates with interests in fashion as it looks...
Retail
Sainsbury lands Ocado man in online drive
J Sainsbury has landed a new boss for its online business from internet specialist Ocado and created a position overseeing digital strategy, as Britain's retailers jostle for position in fast-growing e-commerce markets.
The country's third-biggest supermarket group said on Thursday...
Retail
Madurai to get its first mall
In a clear signal of growing urbanisation in the state, Madurai is all set to get its first mall. It will be the second mall in Tamil Nadu outside Chennai, the other being Brookfields Plaza in Coimbatore. Located near...
Retail
Tesco aims to double returns in central, east Europe
Tesco , the world's No.3 retailer, on Wednesday detailed plans to double returns from its central and eastern European business by buying more goods regionally, opening a variety of stores and selling more services.
At its annual results in April,...
Retail
Best Buy to downsize brick-and-mortar footprint
Amid weak sales and growing online competition, Best Buy plans to sublease space at its stores to smaller retailers, joining the ranks of big-box giants that are shrinking store sizes.
When it comes to retailing, big is not so beautiful...
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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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