| Business |
| Business related information |
| Spain's Inditex, DLF close to stitching franchisee deal |
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Europe’s leading fashion retailer Inditex group, which owns Zara and Massimo Dutti among other brands, is learnt to be in advanced talks with DLF for a franchisee agreement in India.
Inditex, a $15-billion company founded and controlled by Spain’s richest man Amancio Ortega, operates n... |
| Torex Expands Asia Presence |
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Torex Retail Holdings, a provider of software and solutions to the extended retail marketplace, has revealed plans to increase its presence in the Asia-Pacific (AP) region, revealing plans to expand its presence in China, South East Asia, India and Australia via direct customer engagements and devel... |
| Woolies has eyes on India |
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Leading retailer Woolworths may expand its operations in India, analysts said yesterday.
Woolworths runs Infiniti Retail Group, a wholesale consumer electronics business, in association with India\'s Tata Group. Infiniti plans to open 40 stores under its Chroma brand by 2010, and is unde... |
| Co-Op Takes Over Rival Retailer |
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The Co-operative Group has agreed to buy supermarket firm Somerfield for pounds1.565 billion on a cash-free-debt-free basis.
The Co-op Group this week announced it had bought the chain, which operates about 880 retail outlets in the UK - many in and around Plymouth.
The combined ... |
| Radiant buys Orderman |
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Orderman has announced its sale to Radiant Systems, a US market leader in POS solutions for the hospitality industry, reports FOX Business.
Orderman is an Austrian company that develops wireless, handheld point-of-sale devices deployed in a variety of hospitality venues.
\"We vie... |
| Best Buy tests used-games sales in Canada |
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Best Buy has started selling used videogames at some of its Canada stores as a way of widening profit margins by boosting sales from teenage customers.
The largest U.S. electronics retailer, which gets 17% of its sales from international stores, “just” started a used-games pilot program... |
| Mystery of Britain's great spring shopping spree |
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Shop sales jumped by the biggest amount in more than 20 years last month, official data revealed yesterday, as Britons splashed out on summer articles such as barbecues and beachwear in response to the hottest May on record.
Asda revealed it had sold nearly quarter of a million of its £3 b... |
| New Giant Tiger Store to ROAR Into Winnipeg |
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The North West Company (NWC)(TSX:NWF.UN) today officially announced plans to open its newest Giant Tiger store in Winnipeg. This will be NWC\'s eighth Winnipeg store and follows the successful opening of its Pembina Highway location last year. The 24,000 square foot store is set to open on August ... |
| We want to start small in India: Cartoon Network |
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Jiggy George, executive director, Cartoon Network Enterprises (CNE), India and South Asia, tells Mint why the company decided to get into merchandising for Bollywood movies, its future plans and how it is coping with the challenge of catering to a young audience. Edited excerpts:
Why did CNE de... |
| Tom Tailor signs first UK company-owned store |
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German fashion retailer Tom Tailor has taken its first company-owned store in the UK and Ireland at the Junction One International Outlet shopping centre in Antrim.
The retailer operates in 35 countries worldwide already, but will open its first store in the UK in a 4,300 sq ft (400 sq m) unit a... |
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