Supermarket
Retail
Aeon buys stakes in rival companies
Japan's largest supermarket chain, Aeon Corp., has decided to buy stakes in rivals Daiei Inc. and Maruetsu Inc., to cut purchasing and distribution costs, sources confirmed.
Aeon is said to have planned to buy 15 per cent of Daiei from...
Retail
US studying liberalization of Indian retail: Carlos Gutierrez
US Commerce Secretary Carlos Gutierrez will be studying India's plans to liberalize its retail sector while encouraging New Delhi to play a bigger role in helping wrap up the Doha round of world trade talks on a visit to...
Retail
Birla to roll out supermarkets by June 15
AV Birla group’s retail venture, Aditya Birla Retail (ABR), has planned to make its foray in the retail market with 15 supermarkets at Nashik, Pune and other tier II cities in western India in June this year.
The company has...
Retail
Total Produce and Tata to launch fresh produce JV in India
UK-based Total Produce Plc and Tata Chemicals Limited (TCL) have entered into an agreement to form a 50/50 joint venture company in India, which will distribute high quality farm produce to food retailers, supermarkets, and hypermarkets across the country....
Retail
Bipin Gurnani leaves Piramyd for Future Group
Mr. Bipin Gurnani has left Piramyd Megastore and is said to have joined Future Group, as CEO Business Development Joint Venture. Mr. Gurnani, 37, was the CEO of Piramyd Megastore the lifestyle retail division of Piramyd Retail Limited.
Mr. Gurnani...
Retail
Tesco talks with Tata retail
TESCO, Britain’s largest grocer and world’s third largest supermarket chain, is in talks with Tata to form a strategic JV. Tesco had earlier lost to Wal-Mart in forming a partnership with Bharti enterprise. It is looking to expand in...
Retail
Cencosud hires new boss for its supermarket
Cencosud, Chilean retailer has hired Thomas Keller as a chief executive of its Jumbo hypermarket and Santa Isabel supermarket chains. Mr. Keller is expected to join Cencosud sometime next month. Presently Mr. Keller is the head of the Collahuasi...
Retail
Fairprice hypermarkets a big hit
FairPrice Xtra hypermarket has become a hit in Singapore. The stores which opened almost two weeks back have attracted over 250, 000 customers so far. Sources close to the company have confirmed that they did not expect such response.
The...
Retail
Birla to enter retail: Acquires Trinethra
In a bid to enter the retail industry the AV Birla group is about to acquire the Hyderabad-based supermarket chain Trinethra Super Retail, including its online shopping outfit, Fabmall.
The Trinethra group has about 172 outlets 83 in Andhra Pradesh,...
Retail
Super Christmas for SAMS CLUB Brazil
Sam's Club Brazil, a division of the Wal-Mart Corporation, is expecting to post Christmas sales up by 30 per cent compared to last Christmas trading period. Experts believe that besides its great range of prestige wines, gourmet foods and...
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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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