- Stay Connected
Socialize
Sourcing clause could deter foreign retailers in India
Local-sourcing requirements could deter foreign retailers from taking advantage of new rules allowing them to take full ownership of their operations in India, and many potential investors are seeking more…
India’s Retail Sector: A Tough Nut to Crack
AMIDST the clamour of protests over the Government‘s decision to open up the retail sector in India to foreign investment, there is one group of players which has been notable…
Stores locations will be hard to find for foreign retailers in India
Dearth of land in cities, lack of well-managed shopping malls and ideal retail shop locations may pose hurdles to multinational retail chains opening stores in India. “Opening up the sector…
India may open $450bn retail sector to global firms
India‘s cabinet could decide on Thursday to throw open the nation’s vast retail market to supermarket behemoths such as Wal-Mart and Tesco in a bold but highly controversial reform. Foreign…
Vendors angry at Taobao Mall pricing changes
Taobao Mall Co, China‘s largest business-to-consumer (B2C) online marketplace by transaction value, has experienced two successive waves of online rioting since it significantly increased fees on online vendors on Tuesday.…
Starbucks to partner with Tata Group in India
Starbucks chairman and CEO Howard Schultz is set to clinch a joint venture with Tata Group for opening coffee shops in India, almost nine months after he struck a sourcing…
Wal-Mart Stores in Chongqing Forced to Shut Down
Local authorities recently shut down a dozen stores operated by Wal-Mart in Chongqing after having been accused of falsely labeling regular pork as higher-priced organic pork, according to Wal-Mart spokeswoman.…
China urges improved distribution system for agricutural products
China’s State Council, or the Cabinet, on Saturday urged the building of an efficient, safe and regulated distribution system for agricultural products in a bid to lower prices. The government…
HomePlus Selects GXS to Automate Supplier Connections
GXS today announced that HomePlus, South Korea’s second largest retailer, has selected GXS to manage its electronic interactions with more than 2,300 suppliers. Tweet this. HomePlus selected GXS Managed Services,…
Itochu to partner with Indian co for distribution
Japan’s Itochu Corp plans to start a nationwide distribution service in the Indian market through a joint venture with a major local player, the Nikkei business daily reported. Itochu will…
