Latest Retail Buzz

Tata Group firm Infiniti Retail, which operates consumer durables and electronics chain Croma, plans to enter the eastern parts of the country in the next fiscal and the first set of stores in the region will come up in Kolkata.

The 2-day event features conference and exhibition with power sessions, learning workshops, latest technologies, and extensive learning experience and around the globe services, etc.

Bangalore: A robust growth has been registered in airport retail market in India, as the revenue topped $1 billion during 2011. The rise in revenue is due to growth in passenger traffic and people shopping at the airport.

Davos: Opening up the retail sector to foreign investment will help create millions of jobs in India and also strengthen its trade ties with America, former American Ambassador to India Timothy Roemer has said.

Opening up the retail sector to foreign investment will help create millions of jobs in India and also strengthen its trade ties with America, former American Ambassador to India, Mr Timothy Roemer, has said.

Airport retail business in India topped $1 billion in revenues during 2011, on the back of robust growth in passenger traffic and more people shopping on the go, according to a boutique retail consultancy.

The survey was based on a large sample size covering different categories of SMEs according to sales turnover.

Anand Sharma tells Walmart that reforms agenda well on course

The modern retail sector is passing through challenging times in the face of inadequate funding, lack of sufficient space for expansion and talent crunch, and the growth is expected to dip by 5 per cent this year, according to industry officials.

File photo of a retail outlet. Ratings agency Fitch has assigned a stable outlook to the retail sector for 2012 as factors such as expected sales growth-driven expansion and efficient working capital management are likely to benefit retail companies.