User: rohan Topic: Foreign Direct Investment in Retail
Category: Big Box Retailers :: Tesco
Last updated: Sep 01 2014 11:44 IST RSS 2.0
 
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UK Stocks-Factors to watch on Sept 1 1.9.2014 Sify Finance
LONDON, Sept 1 (Reuters) - Britain's FTSE 100 index is seen open between 4 points higher and 7 points lower on Monday, according to financial bookmakers. For more on the factors affecting European
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European Factors to Watch- Flat start expected; D. Telekom in focus 1.9.2014 Sify Finance
(Adds further spreadbetter calls, news) LONDON, Sept 1 (Reuters) - Financial spreadbetters expected Britain's FTSE 100 to open between 4 points higher and 7 points lower, with Germany's
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Tesco's third profit warning this year - what the analysts say 29.8.2014 The Guardian -- Front Page

Here is what analysts made of Tescos third profit warning this year

Tesco issued its third profit warning of the year on Friday and slashed its half-year dividend and capital spending. New chief executive Dave Lewis is being parachuted in a month earlier than planned and will now take the reins on Monday. Here is what analysts made of the news.

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Can supermarkets ever be sustainable? 26.8.2014 The Guardian -- Front Page

Walmarts new boss is on a mission. Will his drive for renewable energy and waste reduction transform the supermarket model?

In his recent appearance on Desert Island Discs, former Tesco CEO Sir Terry Leahy, described small independent shops as medieval. A recent Economic Evaluation for Herefordshire carried out by the Transition Network and REconomy Herefordshire found that between 70 and 83% of all food and drink sold in Herefordshire was sold through just five supermarkets in the county. In Brixton, London, 93% of food is sold through supermarkets.

They dominate our retail landscape but is the supermarket model inherently incapable of ever being sustainable? What might a different approach look like?

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British Deputy PM Clegg to visit India from Monday to Wednesday 22.8.2014 News
Will be visiting New Delhi, Mumbai and Bangalore
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Government won't entertain FDI in multi-brand retail: Nirmala Sitharaman 14.8.2014 ET: Retailing
BJP has criticised the UPA-approved multibrand retail policy that allows 51% foreign direct investment, but has not made any move to roll it back.
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SPAR international and Max hypermarkets announce new partnership 13.8.2014 News
SPAR International and Max Hypermarkets today announced a new partnership agreement which will see over 30 SPAR Hypermarkets operational across India by 2019
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India only received investment bid in multi-brand retail from Tesco: Textiles Minister 8.8.2014 ET: Retailing
Apart from UK-based Tesco Plc, the government has not received any other proposal for investment in the country's multi brand retail sector so far, Parliament was informed today.
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India only received investment bid in multi brand from Tesco: Govt 8.8.2014 Latest News
Apart from UK-based Tesco Plc, the government has not received any other proposal for investment in the country's multi brand retail sector so far, Parliament was informed today.
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India as Source Country for Global Apparel Importers 8.8.2014 Govt of india: PIB
India is sixth largest supplier in world with 3.7% share in global readymade garment exports as per World Trade Integrated Solutions database of 2013 while Bangladesh and Cambodia are 2nd and 14th largest readymade garment supplier in global market respectively.
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Titan helps Tatas win retail sweepstake 8.8.2014 Rediff: Business
Perhaps, the group's leadership position and potential in the retail segment prompted Tata Sons Chairman Cyrus Mistry to identify retail as one of the group's four growth clusters in his recent Vision 2025 statement.
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Titan helps Tatas win retail sweepstake 8.8.2014 Latest News
Leadership position and growth potential prompted chief Cyrus Mistry to identify retail as one of the group's four growth clusters
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UK interest rates on hold at 0.5%; no change at the ECB - Business live 7.8.2014 The Guardian -- Front Page
The Bank of England kept rates on hold at 0.5% and there was no change at the ECB, against a backdrop of weak German industrial output and Italys slide back into recession. 12.46pm BST The ECB has left rates on hold, as expected. In June, the bank cut its main refinancing to a record low of 0.15 per cent and put its deposit rate in negative territory, charging banks 0.1% on a portion of their reserves parked at the bank. It also launched a new ultra-cheap, four-year loan program, dubbed TLTROs, to be rolled out later this year. 12.30pm BST RBS points out that market opinion on when rates will rise has shifted forwards since the beginning of the year... 12.28pm BST But wage growth in the UK is amazingly low compared with the 40-year average. 12.26pm BST Chris Williamson at Markit says its all about when wage growth starts to pick up. If pay starts to rise in coming months, the first rate hike looks likely in November. Otherwise, any tightening of policy can wait until next year. 12.24pm BST The British ...
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Trent Q1 profit jumps 3.5-fold to Rs 61.11 cr 7.8.2014 Latest News
Tata group retail firm Trent Ltd today reported over three-and-half-fold increase in standalone net profit at Rs 61.11 crore for the first quarter ended June 30, 2014-15, boosted by partial sale of stake in Trent Hypermarket to UK's Tesco.
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A year after inking Trent-Inditex JV, Massimo Dutti stores are yet to be opened 4.8.2014 Latest News
Finding marquee properties for the stores has been taking time, the company says
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Supermarket giants in Thailand for prawn slavery talks 30.7.2014 The Guardian -- Front Page
Morrisons and Tesco join Oxfam and others to create a taskforce to tackle slavery and trafficking in the seafood industry

UK and US supermarket groups are meeting in Thailand this week to create a taskforce to tackle trafficking and forced labour in the shrimp feed industry.

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Retailers search for clarity in govt's policy confusion 29.7.2014 Latest News
While the government may be looking at easing the rules for single-brand retail, multi-brand and online continue to be caught in a logjam
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Aldi catching up with Waitrose 29.7.2014 The Guardian -- Front Page
Discount supermarket's share rose to 4.8% from 3.7%, just behind Waitrose's 4.9%

The booming discount supermarket chain Aldi now commands almost as high a market share as the upmarket Waitrose, while their embattled mid-market rivals Tesco and Morrisons continue to bleed, latest industry data shows.

Aldi's share of the grocery market's till receipts rose to 4.8% in the 12 weeks to 20 July 2014, up from 3.7% at the same point last year, according to figures from retail analysts Kantar Worldpanel. In that period it grew sales by 4.8% to £1.2bn.

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Nervous supermarkets left with miles of aisles they don't want 27.7.2014 The Guardian -- Front Page
Tesco and Asda raced to add retail space for two decades. Now the shoppers have all gone elsewhere Continue reading...
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Local councils propose 'Tesco tax' on large supermarkets to raise revenue 26.7.2014 The Guardian -- Front Page
Derby city council leads calls for levy of up to 8.5% on large retail outlets, with money to be reinvested in local community

Local councils have asked the government to give them new powers to tax large supermarkets under a system similar to that already in place in Scotland and Northern Ireland.

A group of 20 local councils have backed what has been dubbed a "Tesco tax" in order to increase revenues which they say would be invested in the local community.

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