After Wal Mart's entry into India, through joint venture with domestic Indian player Bharti, world's second biggest retailer, Carrefour, is also on the lookout for similar tie-ups with local players, to get maximum exposure.
Carrefour was earlier in talks with...
To widen its market share, AEON plans to open more outlets in Malaysia in 2007. Presently the group operates 15 Jusco superstores and 2 J-One supermarkets. As per the company’s Chairman Datuk Abdullah Mohd Yusof, they will open 5...
The GS Retail Co. Ltd. from the Republic of Korea has announced a plan to invest US$30 million in a trade complex located in the My Phuoc III Industrial Park in the southern province of Binh Duong.
The RoK's leading...
Average consumer spending in India increased by about 42 per cent, primarily due to increase in the disposable income. Adding an impetus to this upward trend, is the rapid shift of the Indian retail industry from an unorganized structure...
Gujarat based Adani Group sold its retail wing, Adani Retail to Reliance Retail for Rs.1-Rs1.10 billion. This is the first major acquisition in the domestic market by Reliance Retail. Through the acquisition, Reliance gets access to 54 stores in...