Retailer | Retail Guru - Part 2

Tesco Unveils Ambitious Overseas Expansion Plans

November 23, 2010 By Retail News From the Guardian Leave a Comment

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

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Vishal Retail For Out-Of-The-Court Settlement With Lenders

November 15, 2010 By economic times retail news Leave a Comment

Debt-ridden Vishal Retail today said it is looking for an out-of-the-court “amicable solution” with its lenders, who had approached the Delhi High Court to stop the retailer from selling its assets. “Winding up petitions

Filed Under: Indian Retail Tagged With: board of Vishal Retail, india retail, lenders of Vishal, liquidation of Vishal Retail, Retail News, Retailer, retailer Vishal, shriram group, texas pacific group, Vishal Retail

Nilgiris, Actis To Double Store Count In Next 2 Years

November 9, 2010 By economic times retail news Leave a Comment

the original promoters of supermarket chain Nilgiris and its majority investor Actis are now charting expansion plans that will see the south India-focused retailer double its store count in the next two years.

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Bolland Looks To Middle England And Overseas For New Blueprint For Marks & Spencer

November 7, 2010 By Retail News From the Guardian Leave a Comment

New Marks & Spencer boss Marc Bolland is set to unveil his blueprint for the retailer next week – with plans to devote much more shop space to selling homewares and ambitious plans to expand overseas, especially in Europe and India

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Easy Bill To Increase Its Outlets To 20k By The End Of 2012

November 6, 2010 By economic times retail news Leave a Comment

Hero Group-promoted Easy Bill today said it will increase its retail outlets by over three times to over 20,000 by the end of 2012. The company, through which provides a one-stop shop for paying pay telephone, general insurance or credit card bills

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Next Forecasts 10% Rise In Clothes Prices

November 5, 2010 By Retail News From the Guardian Leave a Comment

Shoppers could be hit by double-digit percentage increases in the cost of clothes next year if soaring cotton prices do not go into reverse soon, fashion chain Next warned today. The increase is higher than

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Pegasus Buying Lenders, Bad Loans In Vishal Retail

November 3, 2010 By economic times retail news Leave a Comment

Foreign lenders to Vishal Retail are unloading their bad loans to Pegasus Asset Reconstruction Company, a sign that a major stumbling block in the way of a deal to sell the troubled retailer is being removed.

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Marks & Spencer Plans To Re-Enter European Markets

November 1, 2010 By Retail News From the Guardian Leave a Comment

Nearly a decade after Marks & Spencer shut up shop in mainland Europe, the retailer is poised to return to the continent by buying back the stores it sold at the time. Britain’s biggest clothing retailer is understood to

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Madras HC Rejects Subhiksha’s Merger Plan With Blue Green

October 26, 2010 By economic times retail news Leave a Comment

Troubled retail chain Subhiksha’s last-ditch attempt to survive has failed, with the Madurai bench of the Madras High Court rejecting its merger scheme with Blue Green Constructions

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Argos Blames £25m Fall In Profits On Lingering Effects Of Recession

October 26, 2010 By Retail News From the Guardian Leave a Comment

High street retailer Argos today blamed a £25m slump in first half profits on the lingering effects of the recession, which it said had left its lower income shoppers with less money and less confidence to buy big ticket items like furniture.

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