IndiaRetailBiz

Keeping in tune with its revised philosophy of striking partnerships with global iconic retail brands in several speciality areas, Reliance Retail, Mukesh Ambani managed retailing arm of Reliance Group, has gone ahead and stitched up yet another agreement. This time it is with the UK’s pharmacy and wellness highstreet retailer Alliance Boots, which […]

“We intend to be the best in the Rs 600-crore luxury watch segment with clear positioning in design, wear, comfort and standard.” — Peter Kaisit, Vice President (Sales).

Rado, one of the most copied swiss premium watch brand, is embarking on an aggressive expansion drive that will witness doubling of its exclusive stores in India […]

“We are honoured to receive this esteemed award at such a competitive forum, the team has worked hard to make The MobileStore the most loved and preferred brand in the telecom retail space. The award establishes the supremacy of The MobileStore brand in the telecom retail space not just in India but […]

Wal-Mart, the Bentonville (Arkansas)-based world’s largest retailer, despite sluggish consumer spending forecasts in the face of difficult world economy, continued to maintain its top ranking in the coveted list of Fortune-500 companies of America.
It is noteworthy that Wal-Mart, thanks to its policy of 20%-odd cut in prices of toys and electronic […]

Clouds of food shortages have begun looming large even on the skies of the land of plenty. Yes, we are talking about the United States of America, where the country’s top two bulk retailers, namely, Costco and Wal-Mart, in the face of surging demand, have begun imposing restrictions on bulk sales of […]

“It’s baloney. It is driving a kind of frenzy and it is illegal for us even to go into India,” said Andrew Higginson, Director of Finance and Strategy, Tesco, at Reuters Consumer and Retail Summit a few months ago in London. However, in a fast changing strategy, Tesco, the UK-based world’s […]

Wal-Mart, the world’s largest retailer, according to a New York Times report, is gearing up to solve some of the challenges, like healthcare and energy, facing the world.
H. Lee Scott Jr., Chief Executive, Wal-Mart Stores, while speaking to his Store Managers in Kansas (USA), said that in the next three years Wal-Mart will […]

“Joint ventures and partnerships would be key growth drivers for the group in years to come.” :Mukesh Ambani, Chairman, Reliance group.

Carrefour, the France-based second largest retailer of the world, which is scouting for partners for its retail foray into India, may after all, according to an Economic Times report, may decide […]

Bharti will form another joint venture with Wal-Mart for front-end retail, as and when FDI norms for multi-brand, front-end retail in India are relaxed by the government, said Sunil Mittal, Chairman & CEO, Bharti group, while talking to media persons on sidelines of the Marketing summit, organised in Delhi by CII, on […]

Chinese toys are in news again. And for wrong reasons again!
Mattel, the world known maker of Barbie dolls and Hot Wheels cars, has decided to recall over a million and a half toys from retail stores from across the world including India. The reason: Toys manufactured in China may be coverd with […]