IKEA CEO's take is different from foreign retailers who are wary about govt’s latest draft ecomm policy.

The company has filed for Chapter 11 in the US and that is the reason we are closing the stores, said Timmy Sarna, chief executive of DLF B...

"We keep a very low-cost structure and we are doing a lot in turnover. We also own a lot of store properties," Arvind told ET in an intervi...

Small items like belts, cuff links, pocket squares and ties that cost between Rs 10,000 and Rs 20,000 are being bought with cash.

Wadhawan operate the stores under Sangam Direct in Delhi NCR and in Bengaluru. The sources said Sangam Direct business has a revenue of abo...

We have been here for the last 14 years and it took a while to adjust our model in the country and it was longer than expected. The learnin...

Even from our conservative estimate we as a group will gain significantly. We are one of the largest rent payers in the country with Rs 2,2...

The ambiguity around it is zero now. If ambiguity doesn't exist then you must trust the law and trust the implementing agency whenever they...

Britain remains a very good place for Indian investors and companies wanting to do business, says Patricia Hewitt, chairperson of the UK-In...

Kishore Biyani of Future Group, compares the current retail scenario in India to a war-like situation where he is just letting the storm pa...

A day after the FSSAI said that mandatory approvals had not been sought for Patanjali Atta Noodles, a spokesman for Ramdev said no rules we...

We are developing a tool kit which will be applied to hundreds of cities globally. And certainly here in India we can’t ignore cities like ...

Bata, which currently operates around 1,400 stores nationwide with an annual revenue of about Rs 2,000 crore, is eyeing $1-billion.

India is natural progress for us as we are looking at emerging markets for growth. With the emerging middle class, India is a strategic mar...

At least eight brands including Massimo Dutti, H&M and Furla have sent in their applications in the last one and-half months after the govt...

Clarks is testing e-commerce as well as a franchisee option to boost sales in India. It recently opened its first franchisee store in Guwah...

Govt plans to revolutionise retail sector to make India a global shopping hub, with new labour laws to support 24-hour business.