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Tesco to enter India and Russia

After its American debut, the supermarket chain Tesco plans to enter Indian and Russian markets in a big way. "The move across the Atlantic was just the start of a pretty ambitious worldwide growth programme including India and Russia," said...

Carrefour is here

Carrefour, the world’s second largest retailer, will enter India’s $330 billion retail market by 2009, for which it is talking to three potential local partners. Reliable sources told Indiaretailing that the French retailer is in advance talks with Wadia Group,...

Thai sop owners launch last ditch battle for retail bill

Shop-owners from several provinces of Thailand Monday launched a last-ditch effort to speed up the passage of the country's first Retail Business Act, calling for support from the Commerce Ministry' and pressuring the National Legislative Assembly (NLA) to bar...

Indian retail suffers loss of Rs 9691 crore

Shoplifting and waste led to Indian retail industry suffering massive loss of Rs 9691 crore in the current year, said a study. Despite the boom in the retail sector and international retail giants like Wal-Mart, Metro, Tesco and others going...

British online fashion retailer Adili to float on AIM

British online fashion retailer, Adili, attempting to cash in on the growing demand for greener and more ethical clothing, is planning a float on the European Brands Association (AIM) market within a year after taking its first order. Adili.com - named...

Dabur ties up with Indian Oil for stronger rural presence

In order to get a stronger foothold in hinterland India, Dabur has now tied up with Indian Oil Corporation (IOC). The homegrown FMCG major on Monday entered into an agreement with IOC to service rural market demand for consumer...

UK grocery market more competitive

The UK grocery market is “more competitive than ever,” says a study by retail analysts Verdict Consulting, ahead of the publication of a UK government probe into the sector. The UK Competition Commission is set to publish its findings amid...

Woolworth battles to simulate sales growth

British general merchandise retailer, Woolworths, battling to stimulate sales growth amid mounting competition, reported October 31, a slight fall in comparable retail sales for the 38 weeks of the financial year and said it remains cautious about the trading...

Home Retail warns of slow growth

Britain's biggest household goods retailer, Home Retail Group, warned of slower second half growth despite a forecast-beating 40 per cent rise lifting its shares by five per cent, media reports said. However, it cut prices ahead of the upcoming important...

Tesco drops suit against Metro

British retailer Tesco has dropped its long-running trademark suit at the European Court of Justice (ECJ) against its German competitor Metro AG over the use of the Metro trading name. This was disclosed by a spokesperson of the ECJ to...
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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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