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Warehouse Management Systems: Why they make sense

 Warehouse management solution is an essential component, says, Souma Das, VP (Sales) and MD, Infor India which is needed to ensure timely availability of products, reduction in costs and continued customer loyalty. The Indian retail industry in recent years has...

FDI: What?s in Store?

 The market is bubbling with anticipation that FDI in multi-brand retail may soon be allowed. Even though it may come with many riders, I still reckon it will provide an excellent boost for organised retail which, at...

Secretaries’ panel clears 51 per cent FDI in multi-brand retail

A committee of secretaries (CoS) has recommended 51 per cent foreign direct investment (FDI) in multi-brand retail, albeit with some stiff riders, paving the way for the entry of some of the world’s biggest retailers such as Wal-Mart, Carrefour...

Wal-Mart to enter local grocery wars

Wal-Mart Stores Inc.is opening its first Market grocery store in the Northeast in Somerville, becoming the latest - and biggest - new competitor to try to shake up the once-staid supermarket scene in New England.The Arkansas retail giant expects...

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...

Carrefour Predicts Profit Drop

French retail giant Carrefour SA, reeling from the collapse of a proposed merger in Brazil, on Wednesday defended its growth in emerging markets amid crumbling sales at home and an expected drop in profits. Second-quarter sales rose 1.6 per cent to...

Retailers Risk Losing Share To Amazon -Analyst

From Target Corp. (TGT) and Kohl's Corp. (KSS) to Best Buy Co. (BBY) and Bed Bath & Beyond Inc. (BBBY), retailers are facing increased risk of losing share to online retailer Amazon.com Inc. (AMZN), a study showed Monday. In...

Target’s Canadian Entry Could Affect Other US Retailers There

Wal-Mart Stores Inc.'s (WMT) Canadian operation stands to take the biggest hit when Target Corp. (TGT) arrives in the country, a new consumer survey says. Some 57 per cent of consumers who frequently shop at Wal-Mart Canada say they...

Ikea aiming to spread its influence across China

It's been a big two weeks for Ikea's Chinese operations, with the opening of a massive new store in Shanghai - its second-largest outlet in the world - and the announcement that the Swedish retail giant plans to continue...

Retailers taking risks in quest for growth

Retailers have always been cyclical, hostage to swings in consumer spending. Now, many feel compelled to seek new growth avenues outside their sluggish main markets, taking a step into the unknown.The outlook for most U.S. and western European store...
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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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