The coming year is expected to see some big-bang entries of global retail majors as the sector looks forward to a positive outcome on the relaxation of FDI norms in retail
Aditya Birla Retail Mulls Expansion Of Supermarket Chain
Aditya Birla Retail (ABRL), that operates supermarkets and hypermarket formats under ‘more’ brand, is eyeing a break-even at the company level by
Sales Begin Online As Retailers Look To Reclaim Snow-Affected Revenue
Almost 5 million people are expected to take a break from festivities today to go shopping online as a number of big retail names launch web sales after high street trading was hampered by severe weather
Like US, India Likely To Release Retail Sales Data
As more global retailers flock to India, the country may soon start releasing retail sales data, a key economic indicator, which will help policymakers get a better picture of the state of the economy
Debt-Struck Koutons In Talks To Shed 15%
Debt-laden retailer Koutons is considering selling up to 15% stake to raise cash to pay down excessive debt and revive its flagging fortunes. A few private equity funds
Futurebazaar Website Hacked, Down For 48 Hours
Future Group’s plans to boost on-line sales has come across a cyber hurdle with its flagship e-commerce portal FutureBazaar being hacked and has been rendered the site dysfunctional for the last two days
Reliance Trends To Open 150 Stores By March 2012
Apparel and accessories specialty store of Reliance Retail, Reliance Trends, today said it would increase the number of stores across the country to 150 by March 2012. At present,
High Street Sales Plummet With The Temperature
The arctic weather is estimated to have cost retailers up to £750m in lost sales as new figures show the number of shoppers who ventured out at the weekend was down 20% on last year, with Wales and London hardest hit





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