Tesco
Food
No proposal to review FDI in multi-brand retail: Nirmala Sitharaman
The Government said that there is no proposal under its consideration to review the foreign direct investment (FDI) policy in the multi-brand retail sector.
According to a PTI report: "No proposal is under consideration of the Government to review the...
Retail
Govt looking forward to relax FDI norms for multi-brand retail
The Government is weighing the option of permitting overseas retailers to open stores for selling ‘Made in India’ products only as it looks to relax the norms for multi-brand retail for attracting more funds and generating more jobs.
According to...
International News
Tesco wages price war on Unilever, stops stocking brand
Britain's largest grocery chain, Tesco, has dropped dozens of Unilever products from its website after a row over prices in the wake of a partly Brexit-driven slump in the British currency.
Some of the products whose stocks are dwindling include Marmite, Ben & Jerry’s ice-cream and Lynx...
Retail
Robots in Retail: 5 International retailers who are making Sci-Fi a reality
Imagine walking into a store and being greeted by a robot who will not just welcome you with a polite smile but will also fetch items from your shopping list for you, advise you on fashion choices or simply meander through aisles, taking inventory. Sounds like a...
Food
Foreign food companies keen to enter India: Harsimrat Kaur Badal
Minister for Food Processing Harsimrat Kaur Badal said on Thursday that her recent trip to the UK has been successful and lot of international retail and food processing companies have evinced interest to enter India into joint venture with...
Fashion & Lifestyle
Trent to raise Rs 300 crore via non-convertible debentures
Tata group retail firm Trent Ltd is planning to raise up to Rs.300 crore through issuance of non-convertible debentures on a private placement basis and has also approved stock-split to improve liquidity of the company's share.
“The board approved an...
Food & Grocery
AmazonFresh enters London, steps up pressure on UK supermarkets
Amazon has launched a British version of its US AmazonFresh food delivery service in central and east London, raising pressure on Britain’s already under-pressure “Big Four” supermarkets.
Its touted as a long-anticipated move by the world's largest online retailer to...
Latest News
Trent Hypermarket on an expansion spree
The joint venture of Trent Hypermarket and Tesco is now reshaping itself after a meticulously worked upon expansion. By the next fiscal, the chain will be opening 20-30 stores in Maharashtra and Karnataka which have been given permission for...
Retail
Indian retailers need to take cues from west to retain profit margins
~India Retail Forum Day-1 deliberates onslaught of mobile, social and human connect~
While the next phase of retail revolution will be driven by India and China unlike the past phases that were driven by the West, Indian retailers lag their...
Retail
Trouble getting produce to stay fresh on the web? It’s all in real-time logistics
Online grocers, the newest ventures within the fledgling e-commerce business, are aggressively trying to crack, possibly, the toughest category for e-tailers: fresh produce.
The economics of grocery delivery are extremely difficult, given the complexities of fresh foods, the required infrastructure...
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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...
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