Strategy
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
Walmart Japan chief steps down
Walmart's chief executive in Japan has resigned suddenly, just over a year after he assumed the post, creating uncertainty about the US retail group’s strategy in the country.Toru Noda became chief executive of Walmart Japan and Seiyu, its Japanese...
Retail
Philips to expand retail reach of Avent, intensify campaign
Dutch consumer electronics firm Philips today said it will enhance the presence of its 'Avent' brand of baby-feeding products in India as a part of its plan to tap the growing Rs 2,800 crore mother and baby care market...
Retail
eBay adapts in China
Online retail giant eBay has reversed its once ailing fortunes in China after adapting its business model to suit local conditions.The US multinational made its first substantive play in China by spending $100m in Eachnet, with the goal of...
Retail
GFA launches Cream and Fudge in Chennai
Global Franchise Architects (GFA), builder, operator and franchiser of specialty food brands, has announced the launch of its third brand in Chennai. The first-of-its-kind concept in Chennai - Cream and Fudge - is an international smooth and creamy ice-cream...
Retail
Best Buy gives big boxes the boot
Best Buy has put its "big box" strategy under review worldwide, with management braced for considerable shrinkage.The US retailer set up shop in the UK last year - it has ten megastores with another on the way in Enfield...
Retail
UK: Online Retailers Missing Out On Potential Of Social Media
Many retailers are overlooking the huge potential of transforming their online stores into entertainment destinations by integrating social media, according to a new report retail analyst Verdict. It reveals that although e-commerce and social media are separate entities for...
Retail
Best Buy Europe strategy under review
Best Buy is poised to put its European expansion plans on hold, a move that could raise questions over its commitment to electricals retailing in the UK.Best Buy Europe is unlikely to make a final decision by the time...
Retail
Tesco boss: internet sales and stores can work together
Clicks and bricks are the way ahead, says new Tesco chief executive Philip Clarke, as he explains vision for world's third-largest retailer.The most powerful man in British retail says the industry is entering a new era as the worlds...
Retail
Cinépolis, Bangalore reaches one lakh customer mark
Cinépolis, India's first international film exhibitor, has announced that it has achieved the important milestone of one lakh customers in Bangalore, in less than its first 5 weeks of operations.
At the occasion, Ashish Shukla, head-exhibition, Cinépolis India, said, “Arriving...
- Advertisement -
Latest News
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...
- Advertisement -
