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International 1. George Soros sets his sights on Indian retail sector The Indian retail industry has caught the attention of George Soros, world famous investor and one of the richest people in the world, who is keen on investing in the agro-based industries, retail and real estate sectors. He...

4. ITC will invest Rs. 12 billion in West Bengal One of India's largest companies, ITC announced that it will be investing Rs. 12 billion in the state of West Bengal to expand its hotel and cigarette business there, and also to start a new fresh food retail chain. According to sources, the...

3. Birlas ready a Rs. 150 billion retail rollout The Aditya Birla Group has planned its retail rollout at an estimatedcost of Rs. 150 billion, making it the second largest investment in the retail industry after Reliance Retail's investment of Rs. 250 billion earlier this year. The Birlas plan...

2. Reliance Retail worries small vendors With Reliance Retail launching its food and grocery venture and several domestic players tying up or planning to tie up with foreign firms and retail experts, small vendors are showing their concern on whether their businesses will be able to bear the...

1. Reliance Retail plans to strengthen supply chain mechanism Reliance Retail's newly launched Reliance Fresh is only the first step of the company's retail plans. The next format to be launched will be Reliance Fresh Plus, a larger format store. The company plans to completely secure its...

4. India's retail entrepreneurs India has the fastest growing retail market in the world, ranking above Russia and is classified as a `Priority 1' market for international retailers. With over 12 million retail outlets, India is often called the "nation of shopkeepers" . Interestingly, over 80%...

3. Organized retail majors record over 50% growth in Q2 The top five retailers in the organized retail sector have had a phenomenal performance this past quarter, with a combined net sales growth of more than 50% for the quarter than ended September 2006. The top five retailers, Pantaloon...

2. Who will be India's Wal-Mart and Kmart? India's retail sector is soon to have another mega launch announcement, with The Aditya Birla Group who plans to establish more than 6,000 stores in the next three years. The company plans to invest more than Rs. 150 billion, second to only Reliance's...

1. US cites RIL entry to make case for foreign retail chains The entry of Reliance Industries Ltd in the retail sector has led to the US pushing for the entry of foreign retail chains into the market. This discussion reportedly came up at the meeting of Indian and US officials at the CEOs Forum...

*A struggle to reduce costs* We therefore believe that the new demands placed upon telcos will outweigh the savings made by dealing with more mundane enquiries through automation. The key challenge for telcos in the coming years will be to balance the cost of the increasing expertise required...

*But technology also drives complexity * Although the majority of customers will undoubtedly appreciate the convenience of automated systems for routine enquiries, we feel that many will still require the reassurance that if they experience a problem someone will take ownership to resolve it. We...

*New technology drives automation * The pressure on telcos to reduce costs as their margins are squeezed is on the increase. Meanwhile, as products and services are increasingly being commoditised, many telcos are seeking to differentiate on customer service. How are telcos reconciling these...

Wal-Mart had been in talks with all prominent Indian retailers as well as a couple of real estate companies for entering India. The world’s largest retailer was always in favour of forging an alliance with a strong partner who is also politically savvy. Not surprisingly, it has held talks with...

this is a very interesting speech by Apple CEO Steve Jobs which he gave when he was the chief guest on convocation ceremony of Stanford university students

hottest news till date in retail sector has come up in form of tieup of Bharti with Walmart (what a deal!!). Here is the news about the tieup that was published in Economic Times(18/11/ 06) NEW DELHI: There's wide speculation that Wal-Mart has finally identified Bharti as its potential partner...

Jewellery & Watches 1. Apranje Jewelers receives IGI certification Bangalore based Apranje Jewelers announced that it is the first diamond jewelry store in the city to become certified by the International Gemological Institute (IGI). The International Gemological Institute is an independent...

hottest news till date in retail sector has come up in form of tieup of Bharti with Walmart (what a deal!!). Here is the news about the tieup that was published in Economic Times(18/11/ 06) NEW DELHI: There's wide speculation that Wal-Mart has finally identified Bharti as its potential partner...

CHESHUNT, England -- When Wal-Mart Stores Inc. entered the British market in 1999 by buying a chain of stores here, many expected it to dominate. Instead, Wal-Mart's largest non-American operation has been struggling recently, and its top local rival is thriving. That rival is Tesco PLC...

The Branding of Private Label What appears an oxymoron has become true. A Brandweek article (8/21/06) noted that consumers are warming to Wal-Mart private label brands: Great Value, Equate, Sam's Choice, Wal-Mart, and Member's Mark. And 82% of consumers say store brands have closed the gap...

Activewear as Everyday Wear Two-thirds of American women dedicate at least half of their closets to activewear and are not saving workout clothes for the gym. They are trading traditional sportswear for activewear as their casual apparel of choice. Going forward, activewear manufacturers will...