The French retailer has become the latest multinational to enter India. We look at its new partnership with local player Max Hypermarket....
Marc Bolland has completed a year at the helm of Marks and Spencer. He outlined the skeleton of his plans for the UK retailer in November la...
Unease and uncertainty has been provoked among international food retailers in India by new restrictive guidelines issued that limit the already-restricted foreign investment in the country's organised retail sector.
The world's top food retailers may not have got the news they were looking for when India's new government published its first annual budget yesterday (6 July). Despite apparent support in some political circles for a loosening of the laws restricting foreign investment in Indian retail, the budget made no mention of any reform. However, as Dean Best reports, the likes of Wal-Mart, Tesco and Metro Group should still be cheered by India's plans for modernisation.
India has attracted increasing attention from multinational retailers in recent years. Alongside China, India is viewed as one of the top economic powerhouses of Asia, generating 19.8% of the Asia-Pacific region's food retail value. While India’s organised retail market is still in its infancy it offers huge potential for expansion. Here are ten quick facts on Indian retail.
Sir Stuart Rose is seen as the man who saved Marks & Spencer, one of the flagship names in UK retail. His achievements even helped him become a knight of the realm in the New Year. However, this year, Sir Stuart is faced with a fresh set of challenges at home and abroad. Dean Best looks at why 2008 could be a pivotal year for M&S and its chief executive.
India's Heritage Foods has entered into an agreement to acquire the dairy business of Reliance Retail Ltd (RRL).
India's Reliance Retail has reported "record" annual sales and earnings, with the head of its parent company hailing the business had turned around during the year.
Indian conglomerate Reliance Industries has named Damodar Mall as chief executive of the supermarket and hypermarket chains operated by retail arm Reliance Retail.
Reliance Retail, the retail arm of Indian conglomerate Reliance Industries, has recorded a 38% jump in third-quarter turnover.
Reliance Retail, the retail arm of industrial conglomerate Reliance Industries, has recorded a 41% hike in first-half turnover.
Reliance Retail, the retail arm of Indian conglomerate Reliance Industries, has reported "strong" first-quarter sales growth.
UK retailer Marks and Spencer has declined to comment on reports it is looking to start food retailing in India.
Reliance Industries said its retail arm, Reliance Retail, booked an increase in nine-month sales.
Reliance Industries said yesterday (12 October) that its retail arm, Reliance Retail, booked a 48% increase in first-half sales.
UK food company 2 Sisters Food Group has confirmed it is in contact with Indian retail giant Reliance Retail as it considers its options for expansion in the country.
UK food manufacturer 2 Sisters Food Group has created new executive positions within its domestic business and further afield in India.
Two former Wal-Mart Stores executives are to join Reliance Retail, India's largest retailer.
Marks and Spencer has posted an increase in annual profits but maintained a cautious outlook, citing pressure on disposable income and increasing commodity prices.
Marks and Spencer's joint venture with Reliance Retail has made two appointments to its executive team in India.
French retailer Carrefour this week opened its first cash-and-carry store in India after months of speculation.
French retailer Carrefour has opened its first cash-and-carry store in India after months of speculation.
The Future Group is reportedly set to enter an agreement with Carrefour to bring the French retailer to India.
Indian retailer Reliance Retail is planning to enter the country's cash-and-carry channel, with the opening of at least three outlets in the next six to eight months, according to reports.
The Indian government has opened up the debate on foreign direct investment (FDI) in multi-brand retail by seeking comments on the issue from a range of stakeholders including overseas retailers and industry associations.
UK retailer Marks and Spencer has reaffirmed its commitment to double its retail presence in India through its joint venture in the emerging market.
Indian food group Himalya International has expanded its yoghurt business with some of the country's largest retailers.
Reliance Retail, the retail arm of Reliance Industries, turned its first profit since opening its first store over three years ago.
Reliance Retail has unveiled plans to expand its presence in the Indian grocery sector over the next five years.
What goes into food and what is slapped on the outside dominated the headlines on just-food this week. Food manufacturers and retailers continued to fall over themselves to demonstrate their commitment to sustainable palm oil although, as our interview with the WWF revealed, there are those in the industry that have yet to take any action on the issue. One industry-wide action on food labelling in the US has hit the buffers with the country's leading food makers pulling out of the Smart Choices Program. Will US regulators now fill that void? These are the top ten stories on just-food this week.
- Does Kraft Heinz want to swallow Unilever whole?
- Focus: Nestle CEO plan to balance sales, earnings
- US food next wave on display at Winter Fancy Food
- Comment: Meal kits in US - don't believe the hype
- Why Reckitt Benckiser moved for Mead Johnson
- Kraft Heinz pursuing Unilever in takeover move
- Kraft Heinz pulls Unilever bid
- General Mills issues profit warning
- Kerry operating earnings strengthen on slow sales
- Kerry Group staff in Ireland suspend strike action