IndiaRetailBiz

Walmart Stores Inc, the world’s largest retailer, which operates a retail JV with India’s telecom behemoth Bharti Enterprises (Bharti Walmart Retail Limited), is satisfied with its results and is looking at expanding the footprint of its cash and carry stores in India. This was stated by Anand Sharma, Commerce & Industries minister of India, while [...]

Bharti Wal-Mart Pvt Ltd, the 50:50 joint venture between Wal-Mart Stores –the world’s largest retailer– and Bharti Enterprises– India’s largest mobile service provider– is looking at either the West or the South zone for expansion of its ‘Cash and Carry’ wholesale centres.
The JV has already launched its first C&C store under the brand name of [...]

Reliance Retail, a retail initiative of Mukesh Ambani-led Reliance Industries, which in the past has faced many political hurdles in West Bengal, may afterall revive its retail business in the state “in a
major way” according to Tarun Jhunjhunwala, President of Reliance Industries, who was speaking to reporters in Barasat (WB).
“We are currently working on how [...]

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 [...]

Bharti Wal-Mart, which began its India operations with opening of cash and carry (B2B) wholesale store under the banner of “Best Price Modern Wholesale” in the holy city of Amritsar in Punjab, has also begun partenering with the government (PPP) as well as large multi-national private sector corporates to undertake projects of social importance.
Bharti walmart [...]

Doug McMillon, 42, CEO, Wal-Mart International, among the top ranking officials of the company, is on visit to India.
The world’s largest retailer and largest employer, which garners annual revenues of $404 billion and employee strength of 2.1 million persons worldwide, has set up a retail joint venture in India.
The Wal-mart’s  joint venture with Sunil Mittal-led Bharti Enterprises has already begun [...]

The Confederation of All India Traders (CAIT), a body of traders in the unorganised sector, is seeking immediate implementation of the recommendations made by the Parliamentary Committee on retail trade.
“The recommendations of the Parliamentary Standing Committee headed by Dr Murli Manohar Joshi laid down in Parliament few days back for imposing blanket [...]

A parliamentary standing committee on commerce in its report titled “Foreign and Domestic Investment in Retail Sector” submitted to the government has recommended imposition of a blanket ban on foreign direct investment (FDI) in retail.
“The committee…recommend that a blanket ban should be imposed on domestic corporate heavyweights and foreign retailers from entering [...]

Pantaloon Retail, the country’s largest listed retailer, which recently obtained shareholders’ approval to restructure its businesses mainly with a view to induct foreign capital as well as to sew up partnerships with multi-brand MNC retailers, is belived to be finalising an equity partnership with the world’s second largest retailer Carrefour SA [...]

Bharti Wal-Mart, the 50:50 joint venture between India’s telecom behemoth Bharti Enterprises and the world’s largest US-based retailer Wal-Mart Stores Inc, rolled out its first store on Saturday, the 30th May, 2009, at Amritsar in Punjab.
The first store named “Best Price Modern Wholesale” is a Cash & Carry format based store. [...]