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Restrictions on Foreign Online Retailers in India Likely to Ease Next Month

India could likely remove the restrictions on foreign online retailers next month permitting foreign online retailers such as Amazon.com to sell their own products, according to Reuters. Four people privy to discussions within the government told Reuters that officials believed...

Rising Industry

The Frozen Food category has caught the attention of both processors and consumers, and is estimated to grow three times by 2017 In the midst of rising inflation and a recessionary environment, where every industry is struggling to sustain its...

Tesco HSC: A Case Study

HSC is the global services arm for Tesco worldwide, providing key business services for Tesco operations globally. Sanjeev Nagwekar, Director, Property Services, Tesco HSC, spoke about the inception of the centre. The Hindustan Service Centre (HSC) is the global services...

Food Retailers Chalk up Rs 13,000 Crore Losses Last Fiscal: CRISIL

Accumulated losses of food retailers are estimated to have crossed Rs 13,000 crore in the last fiscal, as revealed in an analysis by CRISIL Ratings conducted for the top 10 food retailers (in gestation phase). They accounted for 40...

Food Retailers Chalk up Rs 13,000 Crore Losses Last Fiscal: CRISIL

Accumulated losses of food retailers are estimated to have crossed Rs 13,000 crore in the last fiscal, as revealed in an analysis by CRISIL Ratings conducted for the top 10 food retailers (in gestation phase). They accounted for 40...

British Retailer Tesco Gets CCI Nod for Buying 50% Stake in Trent Hypermarket

Fair trade regulator CCI has cleared British retailer Tesco’s purchase of a 50 percent stake in Tata Group firm Trent Hypermarket, the first FDI transaction in multi-brand retail since the sector was opened up in 2012, according to PTI. Approving...

Trent Mulls Mid-sized Star Bazaar Stores for Faster Profitability

Tata group's Trent, which formed a venture for multi-brand retail with Tesco, is contemplating launching different formats, including mid-sized stores, for 'Star Bazaar' to achieve profitability at a faster pace, as per a PTI report. Noel Tata, Chairman, Trent  said...

Tesco Introduces New Checkout Alternative to Enhance Customer Experience

After the 40th anniversary of the first bar code scan in a retail store, the new Tesco Extra store in Lincoln, England is offering customers a revolutionary new checkout alternative that improves the customer checkout experience by reducing the...

Modern Retail: Better Times Ahead

Modern Retail has become  synonymous with convenience and ease. New buying behaviour   seen amongst the newer generation of consumers indicates that they prefer shopping at malls and would like to buy all their requirements under one roof, with complete...

Indian Real Estate: Today, Tomorrow and the Way Forward

Opportunities and challenges exists hand-in-hand in the Indian retail real estate market that has grown steadity over a past decade and seems to consolidate in the way ahead. In order to build successful shopping centres, mall developers have 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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