Supermarket
Retail
Wal-Mart International appoints Doug McMillon as new President, CEO
Supermarket chain Wal-Mart stores has announced the appointment of Doug McMillon as the new President, CEO of Wal-Mart International from February 1. Presently, McMillon is the president and CEO of Sam's Club. McMillon will replace Mike Duke, who was...
Retail
Bharti Retail plans expansion, to open 30 stores in NCR
Bharti Retail, a wholly owned subsidiary of Bharti Enterprises, plans to open 30 stores in Delhi and national capital region (NCR) by the end of 2009, reports Mint.
The proposed locations include Kirti Nagar in West Delhi and Ghaziabad. However,...
Retail
Lotte Mart opens in Vietnam; 30 more by 2024
To tap the Southeast Asian fast-growing retail market, Lotte Group, one of the leading South Korean business conglomerates, is learnt to invest around USD 5 billion to develop 30 supermarkets in Vietnam in the next 15 years.
Launching its maiden...
Retail
SPAR launches its maiden supermarket in Andhra Pradesh
The global food retail chain SPAR has opened the chains first Andhra Pradesh store ‘SPAR Supermarket’ at Hyderabad. The chain is operational in India in partnership with Max Hypermarket India Pvt Ltd.
Spread over 20,000 square feet of retail space,...
Retail
Bombay HC sets aside FDA orders against Subhiksha
Retail-company Subhiksha has said that a bench of the Bombay high court set aside all the orders of the Maharashtra Food and Drug Administration (FDA) regarding the company’s warehouse at Bhiwandi and three of its vendors located there.
In August...
Retail
Co-operative Group to takeover Somerfield
The UK-based Co-operative Group has planned a complete takeover of its rival chain Somerfield. The deal is estimated to be pegged at around £1.6 billion.
The Somerfield deal will take Co-op's portfolio to more than 3,100 supermarkets and convenience stores....
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
UP farmers back Reliance stores
Nearly 3,000 farmers joined hands on Sunday in Lucknow in a protest against the Uttar Pradesh government’s decision to close supermarkets.
Citing law-and-order problems, the state government had closed 10 new Reliance supermarkets following protests by small traders, who say...
Retail
Alok Industries grows its business in North American market
Alok Industries Limited has entered into a multi-year license agreement with New York-headquartered AISLE 5 for its portfolio of lifestyle brands ‘aworld’ and ‘Cotton + Clay'.
Under the agreement, Alok Industries will manufacture and distribute bathing, sleeping, dining and home...
Retail
Pricing has helped us penetrate various markets – Amit Jatia — McDonald’s India (West & South)
This is the second interview in the series 'Present and Future of Catering Services in India'. Mr. Amit Jatia, McDonald’s India (West & South), talks to Karan Mude, Senior Correspondent | indiaretailing.com
Q. Why are so many foreign players interested...
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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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