Wal-Mart
Retail
Metro to expand India operations
Undeterred by the ongoing protests against foreign entrants in retail, the German cash-and-carry major Metro plans to expand its operations in India. The company is looking at pan-India presence and plans to increase sourcing from the country.
According to Alan...
Retail
Dabur’s H&B Stores to open by mid-Jan — steps up hiring
Homegrown FMCG major Dabur India's wholly-owned speciality retail subsidiary, H&B Stores, is stepping up its hiring as it plans to open stores by mid-January.
"H&B Stores is moving full steam ahead with plans to open its doors to customers by...
Retail
Canadian bank to have card facility with retailers
With credit crunch in Canada, the Chief Executive Officer David Taylor of Pacific and Western Credit Corp is close to breaking into the “non-traditional” banking area of consumer lending business as he has held talks with a couple of...
Retail
Environmentalists criticise Wal-Mart
World’s leading retailer, Wal-Mart, has come under fire from environmental, farm and labour groups describing its business model as being “inherently unsustainable.”
Coming down heavily on the Bentonville based retail giant’s commitment on sustainability, almost two dozen organizations including Corporate...
Retail
Wal Mart’s aggressive anti-labour practices
American retail giant Wal-Mart's aggressive efforts to keep labor unions out of stores worldwide have come under fire across the hemisphere. Workers report how the retail chain systematically violates international labour laws protecting workers' rights to free association and...
Retail
Indian retail suffers loss of Rs 9691 crore
Shoplifting and waste led to Indian retail industry suffering massive loss of Rs 9691 crore in the current year, said a study.
Despite the boom in the retail sector and international retail giants like Wal-Mart, Metro, Tesco and others going...
Retail
Recovery in US buoys WalMart
World’s leading American retailer, Wal-Mart, had a 11 per cent jump in third-quarter profits as its US business showed an “improved performance.”
The retail giant posted an operating profit of US$ 4.9 billion for the three months ending October as...
Retail
Oracle retail crosses 100 successful applications
Oracle Retail has completed more than 100 successful implementation of its applications with its global retail customers so far this year.
Among the retailers who have gone live on Oracle Retail applications include Wal-Mart, Zale Corporation, Dress Barn, Orscheln Farm...
Retail
China retail sales fastest in eight years
Buoyed by rising incomes and prices, China's retail sales rose at the fastest pace in last eight years touching 18.1 per cent increase in October from a year earlier to US$111 billion topping the 17 per cent growth in...
Retail
Rising fuel cost slows US retail sales
Rising fuel prices and fall in property value led to slow pace of retail sales in the U.S in October as it left shoppers with little extra cash to spend, economists said.
Purchases rose 0.1 percent, the smallest increase in...
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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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