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How companies reach the top – and stay there

The quest for leadership is, perhaps, one of the most deeply-ingrained human traits. In legal terms, corporates are entities or ‘individuals’ but more importantly, they are made up of people – and they work for other people. So, what...

UK biggest retailer Tesco axes 4,500 supermarket jobs

Supermarket giant Tesco said Monday it is to axe about 4,500 jobs across its city-centre UK stores to slash costs. Tesco, which is Britain's biggest retailer, will carry out a reduction of around 4,500 colleagues as the group experiences...

Welspun India forays into e-commerce with Shopwelspun

Textile major Welspun India entered the ecommerce segment with the launch of an online portal, Shopwelspun, the company said on Thursday. The portal will list brands such as SPACES Home & Beyond, Welhome and Spun, covering products such as rugs,...

United Group, Tangentia launch cloud-based EDI solution

India-origin company United Group and Canadian boutique IT consulting company Tangentia have come together to launch a cloud based EDI (Electronic Data Interchange) solution portal called Tangentia Commerce Gateway. Tangentia Commerce Gateway aims at addressing the primary issue of providing...

Changing face of retail

With the omni-retail strategy gaining ground in India, the retail business sector can look forward to good times ahead by keeping abreast with pro-customer strategies. According to the assistant professor of organisational behaviour at Stanford Graduate School of Business, Kristin...

Reliance to launch its e-commerce platform by May

Reliance Industries has chosen the months of April and May to launch its e-commerce platform through its subsidiary, Reliance Retail. The company has chosen the same months to roll out its pan-India 4G data and mobile services through its...

Amira Group to launch organic range in overseas markets

Amira Pure Foods, which announced the launch of a new range of premium organic products earlier in December, is to retail India-sourced organic food ranges in overseas markets. "We have immediate plans to launch our customised ‘Organic Food Products Range’...

Murali Lanka named Chief Operations Officer of Wal-Mart India

Wal-Mart India, wholly owned subsidiary of Wal-Mart Stores Inc., announced that Murali Lanka has been appointed as its new Chief Operations Officer (COO). This is effective from December 1, 2014. Murali will report to Krish Iyer, President and CEO,...

Walmart Foundation to Benefit 5,000 Women Farmers Under ‘Sunhara Prayas’ Project

The Sunhara Prayas project, supported by Walmart Foundation, has successfully benefited 4541 women farmers and farm workers since with training, Self Help Groups and market linkages with buyers since its launch in December 2012 in five districts of Uttar...

Different Strokes For Different Folks

Different Asian countries are at different stages of development of infrastructure, logistics capability and general real estate market development. Retailers are prevailed upon to tailor their local market strategies according to factors such as real estate locations, price points...
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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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