IndiaRetailBiz

Walmart Stores, world’s largest multi-brand retailer with over $400 billion in annual sales and operations under 53 banners across 15 countries (including India), is lobbying hard for change of policy on foreign direct investment (FDI) in multi-brand retail in India.
Currently, while no FDI is allowed in the multi-brand segment of retail operations, up to 51 [...]

DHL Life Sciences and Healthcare, a division of the world’s leading logistic services player, is likely to soon set up a supply chain infrastructure for providing logistic services to deliver drugs and related healthcare products that are sourced from foreign manufacturers to retailers in India. This, while ensuring quick supply of lifesaving products, will eliminate [...]

Walmart– the world’s largest big box retailer– which operates in India via its 50:50 JV with India’s private telecom giant Bharti group, is keen on expanding its operations in India. According to S Robson Walton, its chairman, the retailer is also looking at expanding its presence in China.
“Internationally, we’re focusing on larger markets. China is [...]

Yum! Brands, the US-based world’s largest network of system restaurants with nearly 36,000 restaurants in over 110 countries/ territories, employing over 1.4 million persons, has decided to go aggressively on expanding the network of its restaurants in India.
According to Niren Chaudhary, Managing Director of its Indian subsidiary Yum! Restaurants India, the company will expand its [...]

India Franchisee of Pizza Hut and Kentucky Fried Chicken quick restaurant chains, appears to have run into trouble with the government authorities dealing with foreign exchange regulations (FIPB) over breach of certain conditions it accepted while obtaining license from them to operate within India.
Yum Restaurants, the franchisee, according to a newspaper report, had [...]

IKEA, the iconic Scandavian retailers of modern style functional, flat-pack, budget furniture and home furnishing accessories, which sold products worth € 22.5 billion ($32 billion, or Rs 1,50,000 crore) in 2008, through a network of 296 stores across 36 countries (as of March, 2009), has postponed its decision to invest $1 billion by [...]

While, Bill Gates ($40 billion) and Warren Buffett ($37 billion) continue to top the Forbes’ 2009 list of billionaires, four descendents of Sam Wilton, who founded Walmart Stores in 1962–the world’s largest retailer– own wealth of $78.5 billion, more than the combined wealth of $77 billion owned by the top two.
The Waltons—Jim, Christy, Rob and [...]

Metro Cash and Carry India Pvt. Ltd, wholly owned subsidiary of the world’s fourth largest retailer Metro AG of Germany, has signed a Memorandum of Understanding (MoU) with the government of Punjab to set up six wholesale centres in the state.
These centres are expected to come up in the next two-three years entailing an investment [...]

After Apple, it’s now the turn of global software behemoth Microsoft (2008 Sales: $60 billion) to set up a chain of Microsoft retail stores.
David Porter, who has worked for over 25 years with the world’s largest retailer Walmart in the areas of infotech and merchandising, has been entrusted with the task of preparing [...]

Lee Scott, the legendary CEO of Wal-Mart– the world’s largest retailer–who stepped out of his position on Saturday the 31st, in a farewell address of sorts, spoke to the members of National Retail Federation (NRF), at their annual convention about a fortnight ago.Lee Scott, who interestingly  began his career with Wal-Mart as an [...]