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Retail
Regulation of organised retail is the key to co-exist: experts
‘The organised retail market in India has to be regulated to avoid extinction of the traditional retail segment and loss of employment to many small retailers, and thus both can co-exist,’ agreed experts who spoke at the panel discussion...
Retail
Guidelines on retail sector regulations in two days: MM Joshi
“The parliamentary standing committee will meet the union commerce secretary to draft guidelines on possible regulations in the retail sector within the next two days,” Murli Manohar Joshi, former union minister, said on the sidelines of a meeting on...
Retail
Government may allow 49 per cent FDI in gems and apparel
The Indian government might consider allowing 49 per cent foreign direct investment (FDI) in multi-brand retail of products that include gems, jewellery and apparel.
According to a senior government official, the Centre might consider taking this step only after National...
Retail
Bionaire and Oster from JCS in India
New York-based Jarden Consumer Solutions (JCS) is introducing Bionaire, an air management brand, and Oster, a kitchen appliances brand, in the country this year.
These consumer durable brands will be retailed in the Indian market through multi-brand retail outlets.
“The home...
Retail
Phoenix Mills appoints new COO
Mumbai-based real estate developer Phoenix Mills Ltd (PML) has appointed Tony Ward as the COO, leasing and land acquisition.
Tony will head leasing operations for the group's new retail-led developments across India. He will be responsible for selection of brands,...
Retail
Large formats of Easy Day to open in Punjab
Bharti Retail has planned to focus its expansions on Punjab and then move on to consolidate its position in northern India. The company is concentrating on its small-format stores, but will soon launch large formats as well.
"Our focus right...
Retail
Wal-Mart transforms garbage dump into mega mall
In a tell tale example of corporate social responsibility, Wal-Mart de Mexico has literally dirtied its hand in turning a garbage dump into a mega mall.
Recently, Wal-Mart de Mexico opened Plaza Ecologica Ciudad Jardin, located in former Neza 1...
Retail
Wal-Mart replaces Garland Hypermart to woo latino Customers
In an attempt to attract more Latinos to their stores, Wal-Mart Stores Inc. has replaced its historic Garland Hypermart store with a new location, and is calling it its first ‘Hispanic community’ store.
“The new Garland store at 1801 Marketplace...
Retail
Easy Day from Bharti
Bharti Retail Ltd, a subsidiary of Bharti Enterprises, has launched Easy Day, the company’s first food and grocery store, at Ludhiana in western Punjab.
According to the company release, it has opened three stores to retail groceries, personal care and...
Retail
Bharti to introduce small supermarkets
Bharti Retail, a unit of Bharti Enterprises, has planned to introduce small supermarkets as part of the company’s new strategy for operating retail chains in India.
Speaking at the sidelines of the World Retail Congress in Barcelona, Rajan Mittal, managing...
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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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