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Budget 2013's impact on the retail sector Economic Times Capital starved Retail companies may find interesting to wait for further clarification on how the new definition of 'FII' and 'FDI' will work, since otherwise stringent conditions associated with FDI may not apply to FII. Finance Misiter has proposed ... See all stories on this topic » Economic Times

Walmart 'excited' about FDI in retail Hindu Business Line Walmart Asia President and CEO Scott Price has said his company welcomed the recent opening of the multi-brand retail sector in India to foreign direct investment (FDI). He stated that the move offers companies such as Walmart an opportunity to ... See all stories on this topic »

TO BE CLEAR: JC Penney May Have Just Had The Worst Quarter In Retail History Business Insider Even those who have gotten used to following the ongoing train wreck that is JC Penney were shocked yesterday when the company's Q4 results came out. The numbers were abysmal, with JC Penney's same-store sales--the level of sales made by stores ... See all stories on this topic » Business Insider

Mkt eye on GST rollout, excise-cut & high retail interest Moneycontrol.com The much-awaited national rollout of the GST is still some distance away. Variations in the rate of taxes as well as multiple taxation in different states is a major hindrance restricting the growth and competitiveness of the industry. Speedy ... See all stories on this topic » Moneycontrol.com

Barnes & Noble Retail Shows Some Improvement as Nook Plunges Wall Street Journal- India (blog) The book retailer just reported its fiscal third quarter and sales are down across the board. But Ebitda, a measure of cash earnings, slumped in every business unit save one: the retail business Riggio is looking to take private. WSJ reported this past ... See all stories on this topic » Wall Street Journal- India (blog)

Defying the retail gloom Research Magazine The retail sector has been one of the biggest casualties of the recession and figures from the British Retail Consortium/Springboard footfall monitor show that in 2012 the high street suffered a 3.3% drop in shopper numbers. Yet even in tough times the ... See all stories on this topic » Research Magazine

Homeshop18 emerges as a winner at the E-Retail Awards 2013 India PRwire (press release) New Delhi, Delhi, February 28, 2013 /India PRwire/ -- Homeshop18, India's leading e-commerce player, gets awarded 'E-retailer of the year' and the 'Best eRetail marketing initiative' at the prestigious E-Retail Awards 2013. The virtual commerce leader ... See all stories on this topic »

Irish Retail Sales Slump Worsens In January RTT News Ireland's retail sales decreased for the third successive month January, and at a notably faster rate than in the previous month, data released by the Central Statistics Office showed Thursday. Retail sales, in volume terms, decreased a seasonally ... See all stories on this topic »

Eurozone fears grow as retail sector struggles Bobsguide (press release) Markit's latest purchasing managers' index (PMI) has shown that revenues in the 17-member state economic bloc's retail sector have slumped at a record pace this month. In a gauge where any score above 50 is indicative of growth, the PMI has slipped to ... See all stories on this topic » Bobsguide (press release)

MWC Day Three: Gemalto's New Wallet And Retail Realism PYMNTS.com To close out the day, I attended the seminar "Retail Therapy: Enhancing the Shopping Experience Through Mobile," which tackled various ways the retail industry can better target and serve consumers. Participants from eBay, Coca-Cola, AT&T, Visa, GS1 ... See all stories on this topic »

Retail trade in Lithuania decreased by 20.5% ion January The Baltic Course Statistics Lithuania, on the basis of provisional data, informs that in January 2013, the turnover (VAT excluded) of enterprises engaged in retail trade, except for wholesale and retail trade and repair of motor vehicles and motorcycles, amounted to ... See all stories on this topic »

Retail sales fall again in January as shoppers continued to cut back on spending Irish Independent Overall the seasonally adjusted volume of retail sales fell by 1.7pc in January compared with December and they're 1.2pc lower than a year ago - while the value of these sales also fell by a similar amount. However some sectors enjoyed a boost, with ... See all stories on this topic »

Retail chain is planning Albury store The Border Mail Harris Scarfe is confident the store can compete alongside Myer, pointing to the success of its Ballarat store in a similar market. It sells itself as a retailer able to deliver low-cost and high-quality goods. National property and legal manager ... See all stories on this topic »

Retail Council keeps up Sunday shopping pressure CBC.ca The Retail Council of Canada is meeting with P.E.I. Labour Minister Janice Sherry in an effort to have the last restrictions on Sunday shopping in the province removed. 'Why is it that the government is still in the business of trying to tell ... See all stories on this topic »

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