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U.K. Retail Sales Hit Three-Year High (Guardian.co.uk - 8/26/2010)CBI survey reveals retail sales growing at fastest rate since April 2007, boosted by price reductions and warm weather (full story)
Apparel prices are going to go up. It's as simple as that. (Reuters - 8/19/2010)That is hard to swallow for retailers big and small, who have been battling erratic sales trends this year amid high unemployment and lingering financial insecurity. (full story)
Carrefour wants 100% FDI allowed (The Economic Times - 8/11/2010)Promising to create a strong infrastructure and thousands of jobs in India, French retail major Carrefour has called for allowing 100 per
cent FDI in multi-brand stores, and said that the move would ease inflationary pressures.
(full story)
Zara Returns to Profit (Telegraph - 8/8/2010)The high street chain unveiled a pre-tax profit of £618,692 for the year to January 31 2010, according to accounts filed at Companies House, compared with a £20m loss last time. (full story)
Bharti Walmart planning more wholesale stores (The Economic Times - 8/6/2010)Bharti Walmart is planning to open 10 to 15 cash-and-carry wholesale stores over the next three years and hoping that the government will
open up multi-brand retail to foreign investment (full story)
Domino's Pizza Indian Franchisee Surges to Record on Plan to Add 70 Stores (Bloomberg - 8/3/2010)Jubilant FoodWorks Ltd. rose to a record after the Indian franchisee of Domino’s Pizza Inc. said it plans to add 70 stores in the year ending March to tap demand for pizzas and western food in the South Asian country. (full story)
Mission to India: UK stalks sub-continent's economic tiger (Telegraph.co.uk - 7/24/2010)One of the most remarkable trade missions in British history is aiming to secure a slice of India's growth (full story)
Now, A Store for Men's Luxury Cosmetics, Grooming Needs (IndiaRetailing.com - 6/24/2010)To cash in on the $44 million cosmetics, skin and hair care market in India, Men and boyS, a division of Arus Retail, founded by Amit Bagaria of Asipac Group, has recently opened an exclusive store catering to men’s grooming needs. (full story)
LaSalle`s issues Shopping Centre Rental Map (PropertyMagazine.eu - 6/24/2010)The highest prime shopping centre rents during Q1 2010 in Europe were achieved in the United Kingdom at €1,900 per sq m per annum, followed by France (€1,700). The third most expensive rents were recorded in Russia (€1,500) followed by the rest of Western Europe. Due to the limited availability of prime retail space in many shopping centres across Europe, the outlook for prime rents in most European markets is stable despite the inevitable slowing of demand from occupiers over the last 18 months. (full story)
Howards Storage World Launches First Store in India (IndiaRetailing.com - 6/24/2010)Howards Storage World – Australia-based speciality retailer of storage and organisational products for home and office – has debuted in India with the launch of its first store at the Mantri Square mall in Bangalore. The 3,000 sq.ft store opened on June 23, 2010. (full story)
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