User: rohan Topic: Foreign Direct Investment in Retail
Category: Big Box Retailers :: Tesco
Last updated: May 25 2015 22:40 IST RSS 2.0
 
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Why the free ride? 25.5.2015 HBL: Home
This refers to your edit, ‘Cutting the knot’ (May 25). The government should allow 100 per cent FDI in multibrand retail. Allocating some percentage for FDI and allowing a joint venture be...
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UK tops chart of EU food waste 22.5.2015 The Guardian -- World Latest

France has announced measures to tackle food waste as reports show that billions of tonnes of food is wasted each year around the world - and the UK is one of the worst offenders

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'Will Consider Repealing 51Percentage Multi-brand FDI' 22.5.2015 newindianexpress.com
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Demand for rapeseed oil turns farmers' fields to gold 17.5.2015 The Guardian -- Front Page
Number of British farms growing rape increases rapidly as consumers turn to cheaper, healthier alternative to olive oil It is a heart-warming sight that deserves to be bottled. On a sunny May morning in east Suffolk as far as the eye can see, the flat but gently rolling fields are a vibrant shade of yellow. Bees and butterflies are flitting around the blooming rape flowers which will gradually die off, leaving the seedpods to be harvested in July and August. This scene of expanding fields of gold is being replicated across the UK as farmers turn more of their land over to growing rapeseed. Retail experts report it is now the fastest growing vegetable oil in the UK, with supermarkets expanding their ranges to meet shoppers’ appetite for a cheaper, healthier alternative to olive oil. Rapeseed oil has the lowest saturated fat content of any edible oil – just 6% compared with 14% in olive oil and 51% in butter –is rich in Omega 3 – which is good for blood circulation and young brains – and contains Omega 6 ...
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After Walmart exit, Bharti explores brand new biz plans 14.5.2015 Rediff: Business
After ending its wholesale partnership with Walmart, Bharti Retail has decided to merge with the Future group
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States opposed to multi-brand retail FDI in favour on paper 13.5.2015 Latest News
Both BJP and AAP are opposed to FDI in multi-brand retail as entry of international players could mean significant loss of business for neighbourhood stores
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Has Bharti finally found its retail strategy? 13.5.2015 Features
After ending its wholesale partnership with Walmart, Bharti Retail has decided to merge with the Future group
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Tesco to close last six UK Homeplus stores with loss of 450 jobs 12.5.2015 The Guardian -- Front Page

Supermarket group abandons attempt it started in 2005 to create non-food store chain as part of cost-cutting measures

Tesco is to close its last six Homeplus stores in the UK with the potential loss of about 450 jobs, bringing the curtain down on a business it had hoped to build into a new chain selling non-food goods.

The outlets in Bristol, Bracknell, Nottingham, Denton, Bromborough and Preston will close on 27 June.

Related: Tesco timeline – the retail giant's rise and fall

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Future-Bharti merger to lead to further consolidation in retail 4.5.2015 News
Future Retail-Bharti Retail merger is expected to lead to further consolidation in the $ 500 billion retail industry which is starved for funds
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The average supermarket is chilly, fluorescent-lit hell. Here’s how to fix it 27.4.2015 The Guardian -- Front Page
My radical plan to reinvent Tesco: a supermarket that promotes sociability, shares its data and looks after your health ‘There are some stores,” Tesco’s beleaguered boss Dave Lewis suggested last week, “where we might want to put a giraffe in there.” The thought was only marginally less surreal than the loss he had just announced: at £6.4bn it was the largest writedown in British retail history . It was only after a moment’s puzzlement that the non-specialist journos in the room realised he was talking about a restaurant, not a quaduped. Tesco, it turns out, not only owns the Giraffe restaurant chain ; it has a stake in the coffee shop Harris & Hoole and the Euphorium bakery, all of which run concessions in or near Tesco stores. Lewis inherited the acquisition of these family-focused cafe brands from the same management team whose stewardship led to Tesco having to restate its finances, submit to a serious fraud inquiry and report a giant loss. And though he’s ditched much of the old strategy, Lewis is ...
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Tesco to go slow on India operations 27.4.2015 Latest News
Move follows record global loss, seen as a setback for multi-brand retail
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Tesco invested Rs 850 cr in multi-brand retail: Govt 24.4.2015 News
British retail major Tesco has invested Rs 850 crore in multi-brand retail trading in the country, Parliament was informed today. "Government approved a proposal from Tesco Overseas Investment Ltd (Tesco), a UK company, for foreign investment of ...
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Tesco invested Rs 850 crore in multi-brand retail: Government 24.4.2015 TOI: India Business
British retail major Tesco has invested Rs 850 crore in multi-brand retail trading in the country, Parliament was informed today.
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Tesco invested Rs 850 crore in multi-brand retail: Government 24.4.2015 ET: Retailing
Tesco was the first global retailer to apply for multi-brand retailing after the government allowed 51 per cent FDI in the segment in September 2012.
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FDI Inflow By Multi Brand Foreign Companies 24.4.2015 Govt of india: PIB
Government approved a proposal from M/s Tesco Overseas Investment Ltd., (TESCO) a U.K. Company for foreign investment of not less than US $ 110 million to carry out the business of Multi Brand Retail Trading in India. The Foreign Direct Investment (FDI) inflow reported by Reserve Bank of
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UK Stocks-Factors to watch on April 24 24.4.2015 Sify Finance
LONDON, April 24 (Reuters) - Britain's FTSE 100 index is seen opening 21 points higher, or up 0.3 percent, on Friday, according to financial bookmakers. For more on the factors affecting
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Sainsbury's to axe hundreds of UK store jobs 23.4.2015 The Guardian -- Front Page

Cuts to department and managerial positions follow head office job losses in January

Sainsbury’s is to cut 800 jobs in its stores as part of plans to save £500m over the next three years.

The supermarket, which axed 500 head office jobs in January, said it would be cutting department and deputy manager positions in some stores. It is also replacing night shifts with early morning and evening shifts in some stores to improve product availability.

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Britain's Tesco counts cost of decline with record $9.5 billion loss 23.4.2015 Sify Finance
By James Davey and Neil Maidment
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Tesco’s rise mirrored that of Thatcherism. Neither is dead yet | Anne Perkins 22.4.2015 Guardian: Comment is Free
Unfortunately Tesco’s £6.38bn loss doesn’t mark the coming of a new world of independent, value-based shopping. It is still a £50bn business with the confidence of the City Tesco has made a loss of £6.38bn . That’s the approximate equivalent of Nicaragua’s total annual GDP. It’s more dosh than most sub-Saharan African countries can dream of . It is “the official end of the Tesco era,” according to the retail analyst, John Ibbotson. “With this huge loss, the decadent retail dynasty of Tesco has come to an end.” Decadent. That’s a big word, meaning a state of moral or cultural decline. To some of us, Tesco has always felt decadent, a rapacious giant that ruined high streets, hollowed out town centres and fuelled an economy built on extreme downward pressure on costs at one end in order to sell deceptively cheaply at the ...
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Britain's Tesco counts cost of decline with record loss 22.4.2015 Sify Finance
By James Davey and Neil Maidment
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