Carrefour Deepening economic gloom has forced Europe’s biggest retailer, Carrefour, to issue its fifth profit warning this year and Germany’s leading independen
Biyani Sees Future With Carrefour
Future Group CEO Kishore Biyani is in Paris as the country’s largest retailer has renewed its talks with Carrefour for a joint venture that could let Europe’s top retailer enter India
Tesco Unveils Ambitious Overseas Expansion Plans
Tesco has set out ambitious plans to open more stores in Europe and Asia as the British grocer seeks to boost profitability overseas. The supermarket already has more physical selling space abroad than in Britain but its international arm, which
Wal-Mart Reported Looking To Buy Indonesian Retailer Matahari’s Division
Wal-Mart Stores has joined the race to buy Indonesian retailer Matahari’s hypermarket business in a deal worth up to $1 billion, Reuters reported. Wal-Mart is expected to
New Policy On FDI In Multi-Brand Retail Soon: Scindia
The Government today indicated that a new policy on foreign direct investment in the politically sensitive multi-brand retail sector will come soon. At present, India does not allow FDI…
FDI In Multi-Brand Retail Won’t Get Nod From Finmin
The finance ministry is arriving at a consensus to reject a proposal mooted in government to permit foreign direct investment (FDI) in multi-brand retailing. A top source in the ministry told…
Sainsbury’s Explores Prospect Of Opening Stores In China
Sainsbury’s is looking at plans to open stores in China that could see it go head to head with Tesco in the fastest-growing grocery market in the world. A move into China would mark Sainsbury’s first overseas…





Recent Comments