Tuesday, March 20, 2012

Bharti Walmart to raise Rs 500 crore to fund expansions


Politics puts brakes on FDI in multi-brand retail: Sharma
The Hindu
Referring to the withholding of the Cabinet decision on allowing 51 per cent foreign direct investment (FDI) in multi-brand retail, Union Commerce and Industry Minister Anand Sharma on Tuesday said the issue had been dragged into partisan politics, ...
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The Hindu
Angry Birds partners with major US retail chain
Reuters India
By Georgina Prodhan | LONDON (Reuters) - Angry Birds maker Rovio is teaming up with a major US retail chain to put its branded toys, books and T-shirts in dedicated areas of thousands of stores nationwide, the Finnish company's marketing chief told ...
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SuperGroup hires retail heavyweights
Financial Times
Shaun Wills, formerly COO at Habitat, the homeware retailer, will also join the group next month as chief financial officer. He replaces Chas Howes, who is stepping down from the board for personal reasons but will remain at the company.
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Retail demand set to grow in emerging markets
just-style.com
Retail demand in several emerging markets will grow at double-digit annual average rates in the five years to 2016, according to new research. The fastest growth will be in China and India, where demand is set rise by an average of 16.9% per annum in ...
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Wal-Mart Suffering Customer Defections to Booming Amazon: Retail
San Francisco Chronicle
Five years ago, the world's largest retail chain didn't have to worry much about the world's largest online mall. After all, only about a quarter of Wal-Mart customers shopped at Amazon, according to data from the research firm Kantar Retail.
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Belgian Zetes seeing retail slowdown in 2012
Reuters
BRUSSELS, March 20 (Reuters) - Belgian barcode and passports firm Zetes has seen a slowdown in the first months of this year as the financial crisis has impacted key retail customers, its chief executive said on Tuesday. "It's more at the level of ...
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Bahraini tops Tamkeen retail certification
Trade Arabia
A young Bahraini national was honoured today (March 20) for placing first in the City & Guilds (UK) international qualification exam for retail certification offered by Tamkeen, Bahrain's labour fund. Mohammad Yousef Ali Marhoon was recognised in a ...
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Starbucks to open first Evolution Fresh retail location
Fast Casual
In November, Starbucks announced its purchase of Evolution Fresh, a producer of "never heated" juices sold in retail outlets primarily along the West Coast. Five months later, Starbucks Corp. is getting ready to open Evolution Fresh, its first retail ...
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Silver Institute Announces Results of Annual Nielsen/NJ Retail Survey
MarketWatch (press release)
77% of jewelry retailers said their silver jewelry sales increased in 2011 with 27% having an increase of over 25%; -- 53% of retailers rated silver jewelry as having provided the best maintained margin during the 2011 Holiday Season; and -- Silver ...
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GlobalShop's 20th Anniversary Marks Growth with New Events, More Attendees
MarketWatch (press release)
LAS VEGAS, March 20, 2012 /PRNewswire via COMTEX/ -- GlobalShop reflected the growth evident in retail this year by bringing together thousands of retailers, designers, marketers and suppliers in Las Vegas. The retail design industry's largest annual ...
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Bharti Walmart to raise Rs 500 crore to fund expansions
Hindu Business Line
Days after the Finance Minister opened another door for FDI in multi-brand retail in his Budget speech, Bharti Walmart said it is raising Rs 500 crore for expansions. "We are in talks with various banks to raise funds. The money is being raised for ...
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One-stop is passé, it is now one-touch shopping
Hindu Business Line
He sold cosmetic products through virtual studios within his pharma retail outlets. Now MedPlus founder and CEO, Dr Madhukar Gangadi, is replicating the same model to sell general merchandise. mySmartShop, his new venture, leverages the power of ...
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Hindu Business Line
Industry Retail Group Supports Folds of Honor Foundation and Calls for ...
Albany Times Union
Industry Retail Group, Inc. (IRG) (http://www.industryretail.com), a leading provider of retail-centric, broadband-based applications and services, has selected Folds of Honor Foundation as its charity of focus beginning in 2012.
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