Bharti Retail will soon enter western India with its first hypermarket in Mumbai, said an executive close to the development. It has signed a 60,000 sq ft store in…
Wal-Mart Sets Sights On Africa In £2.9bn Bid For Massmart
September 27, 2010 By Leave a Comment
The world’s biggest retailer, Wal-Mart, wants to introduce its price-slashing, cost-cutting style of business to sub-Saharan Africa through an R32bn (£2.9bn) takeover proposal for Massmart…
Reliance Retail To Enter Cash-And-Carry Biz Through 3 Outlets
September 22, 2010 By 1 Comment
Reliance Retail, plans to enter into the cash-and-carry business by opening at least three outlets in the next six to eight months…
Bharti Walmart to open 40 retail stores by December
September 14, 2010 By Leave a Comment
Bharti Walmart plans to open 40 more retail and three cash-and-carry wholesale stores by December, the company said on Tuesday. Rajan Bharti Mittal, vice chairman of Bharti Enterprises, told reporters…
Cash-&-carry gets ready for national rollout
September 7, 2010 By Leave a Comment
It’s action time in the wholesale cash-and-carry market as multi-brand retailing remains a domestic sport. Existing players Bharti Wal-Mart and Metro Cash & Carry are scaling up operations even as Carrefour and Tesco are drawing out rollout plans.
Multibrand retail FDI may remain in deep freeze amid protests
September 1, 2010 By Leave a Comment
pening up the multi-brand retail sector to foreign investors has always been a difficult proposition and if responses of the domestic retail sector will swing opinion in Udyog Bhavan, then it will be long time before the government will take this big step. Perhaps foreign inv
Retailers tread warily into cash-and-carry
March 25, 2010 By Leave a Comment
Retail firms are making a cautious entry into the cash-and-carry, or wholesale trading, format, betting on a huge demand base of unorganised independent stores, and in a bid to lure foreign investments. Nearly 80 percent of India’s $450-billion retail sector is made up of small family-run shops, according to consulting firm A T Kearney. This [...]
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