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Abu Dhabi sets up panel to drive retail sector

Abu Dhabi sets up panel to drive retail sector

Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) has set up a dedicated industry development committee (IDC) to drive the retail sector in the emirate. The committee, comprising representatives… Read more »

Hong Kong’s Causeway Bay world’s priciest retail area

Hong Kong’s Causeway Bay world’s priciest retail area

New York’s Fifth Avenue has ended its 11-year run as the world’s most expensive retail area, dethroned by Hong Kong’s Causeway Bay, according to a recent survey by real estate… Read more »

SIXT starts franchise network in US

SIXT starts franchise network in US

German car rental firm SIXT has started implementing its plans to create a franchise network in the USA. The company will not only continue expanding SIXT’s own system of rental… Read more »

Tesco looks for US exit

Tesco looks for US exit

Tesco in the United States is apparently ready to pull the plug on Fresh & Easy Neighborhood Market. The company recently said it has hired Greenhill & Co., a British… Read more »

De Beers to set up 130-140 retail outlets.

De Beers to set up 130-140 retail outlets.

Forever mark, the diamond— Brand from De Beers Group, is mulling over to set up 130-140 retail outlets in India by 2 013-end, Sachin Jain, Managing Director, Forever mark India,… Read more »

When franchising makes sense for e-commerce

When franchising makes sense for e-commerce

In a changing world being a pure play e-commerce player may not be enough. In a bid to stay relevant, e-commerce may soon have to setup physical stores. 99label’s Ishita… Read more »

Google may launch retail stores in the United States

Google may launch retail stores in the United States

Google Inc. is working on plans to launch retail stores in the US, following the Apple model of building a consumer electronics brand, The Wall Street Journal reported, citing people… Read more »

Renewed optimism in Indian business

Renewed optimism in Indian business

India hopes for a strong start in the first half of 2013 with increased optimism levels among businesses as compared to the previous year. In 2012, businesses, globally, experienced both… Read more »

Tatas looks to expand in Africa

Tatas looks to expand in Africa

Real estate demand slow, drivers weak

Real estate demand slow, drivers weak

The Indian retail sector, which has been hammered for the past couple of years, is expected to see signs of stability emerging amid persistent weak demand drivers and weak credit… Read more »