Tesco
Retail
Retail leaders moot segment-wise FDI
Segment-wise FDI in the food and non-food segment is important for the retail sector, said Future Group CEO Kishore Biyani at a close gathering of top industry retailers, which was attended by the who's who of Indian retail.Biyani said,...
Retail
Shoppers Stop open to partnerships in food biz once FDI permitted
Retailer Shoppers Stop, part of the K. Raheja Group, will look to explore partnerships with overseas firms once foreign direct investment is permitted in multi-brand retail, a top official told Reuters."Once the rules on FDI are clear there is...
Retail
Waitrose includes fashion in offer
Waitrose moves into fashion for the first time and it reveals a new format store that combines food, home and fashion. The flagship store is due to open in London’s Canary Wharf in September. The grocer could not confirm...
Retail
Tesco, Walmart a step closer to Indian shores
In a sign that the government is moving towards allowing global supermarkets, such as Walmart, Tesco and Carrefour, to set up deep-discount stores, a committee of secretaries on Friday approved the One of the conditions is that at least...
Retail
Tesco to pilot free WiFi in stores
Tesco is poised to offer customers a free WiFi internet service in its stores, in what is thought to be a first for a British supermarket.The move comes as Britain’s biggest retailer seeks to embrace customers’ changing shopping habits,...
Retail
Musgrave overtakes Tesco after Irish buy
The company behind Londis and Budgens is to buy the troubled Irish grocer Superquinn out of receivership for an undisclosed sum, catapulting it above Tesco to become the biggest player in the Irish market. The purchase by Musgrave Group,...
Retail
Tesco steps up battle for attention of Chinese retail consumers
The battle for supermarket supremacy in mainland China is about to enter a new phase as the United Kingdom-based Tesco chain opens a giant new logistics center and announces plans to open more than 20 new stores nationwide this...
Retail
Tesco plans loyalty card to tackle U.S. losses
Tesco, the world's no.3 retailer, will test a version of its successful Clubcard loyalty card in the United States as it battles to stem losses at its Fresh & Easy chain. The British supermarket group said on Monday it...
Retail
Tesco opens logistics center as it expands
Tesco Plc China will open more than 20 stores this year and has opened its first freehold and largest logistics center in coastal Zhejiang province. Tim Ashdown, chief executive of Tesco China, said that in addition to its core...
Retail
Retailers adapt in China
Retailers including Wal-Mart, Ikea and Tesco are adapting their business models in China, reflecting several long term changes in consumer habits.Wal-Mart currently runs 339 branches in over 120 cities across China, and first purchased its own trading sites for...
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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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