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Tesco CEO Ken Murphy says don't read too much into sales growth slowdownTesco's chief executive Ken Murphy stated that a recent slowdown in sales growth should not be overemphasized. He linked the performance to...- School Assembly News Headlines for 11th November: Top national, international, sports and business updateShilpa Shetty and Raj Kundra are challenging a Rs 60 crore cheating case in the Bombay High Court, while the Supreme Court seeks responses ...
- Diageo brings in former Tesco chief Dave Lewis to revive growthDiageo hace announced the appointment of Dave Lewis, the ex-Tesco chief, to lead the company as CEO, effective January 1, 2026. This decisi...
- UK retail sales slide again in October in new blow for economyBritish retail sales volumes dropped 0.3% in October, a new warning sign for the economy, as consumers stayed at home. The figures fit the ...
- Tesco buys Isle of Man Shoprite stores. What will happen to Shoprite stores now?First set up in 1972, Shoprite stores in the Isle of Man have been sold to Tesco. Tesco has its own plan for the nine stores it has bought.
- Queen Elizabeth II funeral: From supermarkets to pubs, know what's open and what's shutMost businesses, including supermarkets, pubs, and shopping centres across Britain, have announced to close on Monday, September 19, as a m...
- Sainsbury's, Walmart's Asda to create UK supermarket powerhouseBritain's big grocers, have been losing share to German discounters Aldi and Lidl and must also deal with growing demand for internet groce...
- Tesco hasn’t been offered a deal by UK prosecutor, CEO Dave Lewis saysHe shot down speculation the grocer was in settlement talks with UK prosecutors, saying they haven’t been offered a deal to resolve the acc...
- Tesco HSC renamed Tesco BengaluruTesco HSC, the technology and retail operations hub for British retailer Tesco, has been renamed Tesco Bengaluru. Company builds technology...
- Commerce Ministry to soon seek Cabinet approval for Amritsar-Delhi-Kolkata Industrial Corridor"The project will be the second of its kind on the lines of the Delhi-Mumbai Industrial Corridor (DMIC), a $90 billion ambitious infrastruc...
- Within apparel space we like Shopper's Stop with a target price of Rs 430: Pankaj Pandey"Within apparel space we like Shopper's Stop with a target price of Rs 430."
- MSME Ministry in favour of raising investment cap for SMEsAs per the current FDI policy, multi-brand retailers must procure 30% of their products mandatorily from SMEs with an investment in plant.
- MSME Ministry in favour of raising investment cap for SMEsThe MSME ministry, however, said there must be a time limit for the retailers to continue sourcing from units that have grown beyond the in...
- Online retail creating India's retail revolutionThe new-age online retailing models are incredibly innovative in terms of their procurement, inventory management, vendor base development ...
- Tesco's over promise lead it in troubleIn a bid to tackle its rival Asda, Tesco launches a tricky promotional scheme, which led it in trouble.
- India taken aback by Ikea reactionIndia has expressed surprise at top homeware retailer Ikea's purported thumbs-down on setting up shop in the country.
- UK royal wedding brings cheers for retailersThe royal wedding may add 620 million pounds ($995 million) to the UK economy as consumers spend more on food and drink and tourism revenue...
- Carrefour to open first Indian outlet by NovFrench supermarket giant Carrefour said on Friday it would open its first wholesale store in India by November
- BPOs servicing retailers suffered due to low holiday season salesThe agents at BPO companies across the country haven’t been very busy this holiday season due to low consumer spending in the US and Europe.
- Global retailers pick select marketsIn a five-year spree in the mid-90s, Wal-Mart Stores bought the 229-store Asda chain in Britain, 122 stores in Canada, 95 in Germany, and 4...
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