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Subbarao Says Retail Inflation 'High,' Flags Trade Gap Pressure Bloomberg India's central bank governor said retail inflation remains elevated, flagged the challenge from a record current-account deficit and reiterated slowing economic growth is a concern. "Inflation has been high for the last two years and only over the ... See all stories on this topic »

Global retail giants submit FDI queries to DIPP Moneycontrol.com CNBC-TV18's Nayantara Rai and Rituparna Bhuyan report, quoting sources, that Carrefour and Sainsbury have raised specific queries regarding FDI in multi-brand retail sector and commerce minister Anand Sharma has promised to answer and provide ... See all stories on this topic »

After death of cheques now CASH is in the firing line as figures show Britons ... Daily Mail British consumers did 10 per cent less of their shopping with cash last year, it emerged today. The revelation has prompted experts to suggest 'money is about to change forever' - and brings closer the concept of a future without notes or coins, where ... See all stories on this topic » Daily Mail

Retail rallies behind Xbox One. Pre-orders 'extremely high' MCV But despite the backlash, UK retailers have rallied behind the new device. Buyers told MCV this week that they believe Microsoft will prove its gaming credentials at E3, dispelling concerns from fans. But the High Street insists the platform holder ... See all stories on this topic »

RP-Sanjiv Goenka Group Spencer Retail to invest Rs 600 crore Business Standard The retail major Spencer's Retail, a RP-Sanjiv Goenka Group company, chalks an aggressive growth strategy with concentrated focus on hyper format stores. The company is planning to invest around Rs 600 crore to set up new stores. The company is also ... See all stories on this topic » Business Standard

Retail Banking Employees Can Move Up to Better Jobs, Says Customer Service ... Sacramento Bee "Every retail bank CEO is looking for indispensable and extraordinary employees. The problem is that employees settle. They possess self-imposed ceilings. They do not believe in themselves and often compare themselves to others in the bank," said ... See all stories on this topic »

eWayDirect Releases Q1 Retail Acquisition Review; B2C Brands See ... Sacramento Bee SOUTHPORT, Conn., May 30, 2013 -- /PRNewswire/ -- eWayDirect's just-released Quarterly Retail Acquisition Review (RAR) shows that its CertainSource B2C marketing automation solution generated a positive Return on Ad Spend (ROAS) for clients in less ... See all stories on this topic »

UK: Retail sales fall faster in May Independent Online British retail sales fell the most in 16 months in May as demand for food and drink declined, according to an index released yesterday by the Confederation of British Industry. A gauge of annual sales growth dropped to minus 11 this month, the lowest ... See all stories on this topic »

Nakumatt commissions first portable retail store Capital FM Kenya Speaking during the flagging off session of the pioneer NoW Store at Nakumatt Headquarters, the firm's, Business Development Manager Neel Shah disclosed that the containerised unit will stock a variety of retail products and is geared at providing ... See all stories on this topic » Capital FM Kenya

Payleven's chip-and-PIN readers land in Apple's retail stores PCWorld Mobile payments startup Payleven has struck a deal that calls for Apple to start selling chip-and-PIN readers in its retail stores across Europe. Payleven's chip-and-PIN reader can be connected to an iPhone, iPad or Android device via Bluetooth ... See all stories on this topic »

Warburg Pincus consortium to invest $200 million in Vincom Retail FinanceAsia Warburg Pincus will buy a 20% equity interest in Vincom Retail, and will have representatives on the board of directors of both Vincom Retail and Vingroup. The agreement also includes a commitment from Warburg Pincus to participate in future capital ... See all stories on this topic »

Spanish Competition Officials Investigate Retail Oil Prices Wall Street Journal LN), two of Spain's largest oil retailers, declined to comment. A spokesman for Cepsa, another large oil retailer and refiner owned by Abu Dhabi investment company IPIC, said the company hadn't been inspected. The commission noted that possible fines ... See all stories on this topic »

Wal-Mart set to buy 49% in Bharti Retail subsidiary Hindustan Times The world's largest retailer Wal-Mart is poised to formalise its entry into the Indian market by buying out a 49% stake in a subsidiary of Bharti Retail through which it positioned itself for an early entry. The company has been criticised for getting ... See all stories on this topic »

Retail cash spend falls 10% as shoppers move online Retail Week BRC director-general Helen Dickinson said: "New ways to pay and new ways to shop are shaping the retail landscape like never before. Changing customer preferences are driving the increase in debit card use – they're helping people to manage their ... See all stories on this topic »

Retail's hybrid approach Drapers Described as a 'crossbreed' shopping centre, its developers claim Whiteley represents the future of retail. The UK's newest shopping destination, Whiteley retail park, opened last week (May 23) to a buzz of optimism among retailers and developers alike. See all stories on this topic »

HK retail sales up 20.7 pct in April People's Daily Online HONG KONG, May 30 (Xinhua) -- The total retail sales value in April, provisionally estimated at 43.1 billion HK dollars (5.55 billion U.S. dollars), rose 20.7 percent over a year earlier, the Census & Statistics Department of Hong Kong said Thursday. See all stories on this topic »

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