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Infiniti Retail to launch Croma 3G tablets in 2 weeks Economic Times NEW DELHI: Tata group firm Infiniti Retail, which runs 'Croma' chain of consumer electronics and durables stores, is planning to expand its range of private label items by introducing 3G-enabled tablet within next two weeks and high-end refrigerators ... See all stories on this topic » Economic Times

Rampant demands for bribes puts brakes on India's retail growth Hindustan Times India is the next great frontier for global retailers, a $500 billion market growing at 20% a year. For now, small shops dominate the sector. Giants from Wal-Mart Stores Inc to IKEA AB have struggled merely for the right to enter, which they finally ... See all stories on this topic »

INSIGHT-"Speed money" puts the brakes on India's retail growth Reuters India's $500 bln retail market growing at 20 pct a year. * "License Raj" requires dozens of permits per store. * Licenses often require bribes, along with official fees. * Many retailers hire middlemen to handle backhanders. By Nandita Bose. MUMBAI ... See all stories on this topic »

Probe panel on Walmart lobbying to meet tomorrow Economic Times NEW DELHI: The government-appointed panel looking into Walmart's lobbying with American lawmakers for its entry into the Indian market is likely to meet tomorrow and deliberate on information provided by the retail giant. The one-man committee, headed ... See all stories on this topic » Economic Times

Travel retail consolidation in Korea as Hotel Shilla buys 19.9% stake in ... MoodieReport SOUTH KOREA. Hotel Shilla, the luxury hotel and resort operator and parent company of The Shilla Duty Free, announced on Friday that it has signed an agreement to purchase a 19.9% stake in Dongwha Duty Free, according to a well-verified report by ... See all stories on this topic » MoodieReport

Foreign retailers marching towards Vietnam VietNamNet Bridge After a long period of preparation, E-Mart Co, a big South Korean retail group has begun seeking goods sources to collect to sell at its supermarket chain. The retailer once stated that the first branch would be opened in 2013, while 17 supermarkets ... See all stories on this topic » VietNamNet Bridge

Walmart's dazzle fizzles for Massmart investors BDlive SIM head of equity research Roy Chapman said Walmart has brought extensive "retail intellectual property" to Massmart's business — which undoubtedly will mean a change in its culture over time. Mr Chapman said the full effect of the "Walmart way" will ... See all stories on this topic » BDlive

Apple TV is necessary to keep retail stores fresh ITProPortal In an interesting Business Insider article, Nicholas Carlson points out that Apple may have missed its window of opportunity to sell a smart TV. He essentially says that each day that passes means that it's becoming harder and harder for Apple to do ... See all stories on this topic » ITProPortal

RBI asks banks to end discrimination in loan pricing domain-B However, the very wide variation in rates of interest charged by banks on retail loans to different borrowers on the same day cannot possibly be attributed to customers' risk profiles. Such a practice may be reflective of opaqueness in the system ... See all stories on this topic »

B&N to add Google Play app store to its Nook HD San Francisco Chronicle The retailer launched high-definition versions of its Nook HD and Nook HD+ tablets in September in an effort to better compete against Amazon.com's Kindle Fire as well as other tablets like the iPad, iPad Mini and Google's own Nexus 7. The company's ... See all stories on this topic » San Francisco Chronicle

Shoe retailer heads to Elmore development Quad City Times Designer Shoe Warehouse will occupy 18,000 square feet of the retail center being built on Davenport's Elmore Avenue by Heart of America Group. Christina Cheng, DSW's director of investor relations, said the company now has 372 stores across the U.S. ... See all stories on this topic »

Whitemarsh Township police briefs: Week of May 5 Montgomery Newspapers Kathleen Hagan, 54, of the 500 block of Fairfield Road, Plymouth Meeting, was charged with retail theft April 23, police said. Police responded to Giant, 10 Ridge Pike, Conshohocken, at 4:48 p.m., and store security staff said Hagan had purchased a few ... See all stories on this topic »

Merchants prepare for mothers Altoona Mirror ... manager of Warner's Florist, Gifts and Greenhouses, Hollidaysburg. According to the National Retail Federation, consumers will spend an average of $168.94 on their moms, up 11 percent from last year's $152.52. Total spending is expected to reach ... See all stories on this topic » Altoona Mirror

Inflation indexed bonds may be issued in a month: RBI Hindu Business Line He said that retail participation will be allowed right from the start. However, the quantum of retail portion is being decided. "There is something called a non—competitive bidding quota which is 5 per cent, which doesn't get filled up, we are ... See all stories on this topic »

Bait-and-Switch: Beware Low-Price Guarantees TIME Retailers love that price-matching guarantees attract shoppers. At the same time, they hate it when customers actually try to take advantage of these policies. Walmart has had a price-matching guarantee for years, and Target and Best Buy have recently ... See all stories on this topic »

Vet clinic rezoning to see second hearing Ottumwacourier OTTUMWA — The second step in rezoning the Ottumwa Veterinary Clinic brings it that much closer to becoming a "retail business district." At the City Council's meeting Tuesday, the council will consider the second reading of an ordinance to rezone the ... See all stories on this topic »

Killing sparked by battle for share of shrinking trade Irish Independent The boom in the fashion trade was followed by a boom in the charity retail trade and charity shops began to appear along the country's "secondary" retail streets – the off-the-main-street retail areas where rents allowed for the more modest turnovers ... See all stories on this topic » Irish Independent

S&P rules out upgrade in sovereign ratings Indian Express But the back and forth by the government on FDI in retail has led to a lack of clarity amongst foreign investors such as Walmart," said Paul Gruenwald, chief economist (Asia Pacific), S&P on Saturday on the sidelines of the 46th Annual General Meeting ... See all stories on this topic »

Arizona's economy flexes its muscles - AZCentral.com azcentral.com Forty-six of the companies in the Arizona Republic 100 have shed jobs since last year's report, reflecting belt-tightening in several sectors. Retail, for example, appears to be cooling after years of powering the state's economy. Health care, which ... See all stories on this topic » azcentral.com

HPCL announces winners of lucky draw GreaterKashmir.com Meanwhile, the list of winning coupon numbers are being displayed at the regional office and participating retail outlets and winners have been asked to collect their prizes in June 2013 from Retail Outlet M/s Aishi Ram Batra, Durganag, Dalgate by ... See all stories on this topic »

India need consistency in FDI policy to bridge CAD gap: S&P Economic Times GREATER NOIDA: Global rating agency Standard and Poor's today said India needs a consistent FDI policy for various sectors including retail to bridge finance current account deficit (CAD). "Making clear the FDI regime (including the one for) the retail ... See all stories on this topic » Economic Times

Asda to free up big box space for community groups - The Grocer The Grocer Asda's policy contrasts with that of Tesco, which has also admitted its big box stores risk becoming white elephants unless they adapt, but has announced plans to fill the space with other retail business, including its recently snapped up Giraffe ... See all stories on this topic »

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