User: rohan Topic: Foreign Direct Investment in Retail
Category: Big Box Retailers :: Tesco
Last updated: Aug 31 2015 04:47 IST RSS 2.0
 
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Several global retailers want to open stores in India: Sharma 23.4.2013 Financial Chronicle
Global retailers, including Tesco and Sainsbury's, have expressed keen interest in setting up of multi-brand retail stores in the country, Commerce and Industry Minister Anand Sharma said today. "There have been expression of interest...The first step has been taken by Tesco, by Sainsbury's. There has also been an expression of interest but not a formal proposal, from Carrefour, H&M. So they all are coming," Sharma told reporters on the sidelines of a function here. He said that some of the major global players like the UK-based Tesco and Sainsbury's have sourcing subsidiaries in India. Multi-brand foreign retailers such as Walmart, Metro, Carrefour and Tesco have already invested in India under cash-and-carry arrangements. Earlier this month, Chairman of France-based Auchan, one of the world's largest hypermarket chains, Auchan Vlanney Mulliez had called on Sharma. The French company has plans to open 60 stores in India. At present, Auchan has 13 hypermarkets in India operating ...
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Several global retailers want to open stores in India: Sharma 23.4.2013 Market News
He said that some of the major global players like the UK-based Tesco and Sainsbury's have sourcing subsidiaries in India
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Tesco treads cautiously in India 23.4.2013 All Specials Stories
The retailer's private labels are a big hit in international markets, accounting for almost half of total sales
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The ideal retail assortment 18.4.2013 Books & Ideas
P&G estimates that the average shopper spends a mere 2.5 seconds looking for an item but notices only half the items at the shelf. Reducing choice can actually increase sales in a given category, as experienced by Walmart in the UK (candle sales ...
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Tesco expected to scrap struggling US grocery chain Fresh & Easy 12.4.2013 The Guardian -- World Latest
British supermarket giant sinks £1bn into American venture but fails to compete with Aldi-owned Trader Joe's More than five years ago Tesco planted its flag firmly on US shores by launching the Fresh & Easy chain. Next week Britain's largest supermarket owner is set to confirm that it is abandoning the venture, having sunk £1bn into its doomed transatlantic foray. Wind back to November 2007, and the roots of Fresh & Easy's failure were already visible. Tesco was herding City analysts and journalists around Los Angeles to showcase its new US operation and the local chains that it hoped to vanquish. The coach stopped at Trader Joe's, the grocery chain, where Tesco's then US chief, Tim Mason, lectured one of his rival's employees on the correct way to handle a stock trolley. In five years he would quit Fresh & Easy amid severe losses, and Trader Joe's would be in the running to scoop up some of its stores. Maybe Tesco should have focused on what its competitor was doing right. Trader ...
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Retailers spruce up back-end operations 2.4.2013 Market News
The hustle and bustle here is the new face of the Kishore Biyani-promoted Future group's back-end operations
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BJP tells the US it is firmly opposed to FDI in retail 26.3.2013 Zee News : India National
BJP has conveyed to the US that it is still firm in its opposition to FDI in multi-brand retail.
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BJP Tells the US It Is Firmly Opposed to Retail FDI 26.3.2013 Outlook Wires

BJP has conveyed to the US that it is still firm in its opposition to FDI in multi-brand retail, a proposal which the government has decided to go ahead with after getting an approval from Parliament.

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We can manage without FDI, say retail CFOs 19.3.2013 Rediff: Business
Tesco, which has a franchise agreement with Trent Hypermarkets for the latter's back-end operations, is believed to be interested in investing in those hypermarkets
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DNA Exclusive: Too many walls to scale — FDI in multi-brand retail has no takers 16.3.2013 DNA: Mumbai
Waiting to shop at a Walmart or Tesco store? The wait will be long. Very long.
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63 proposals approved for FDI in single-brand retail: Sharma 15.3.2013 HBL: Industry & Economy
The Government has approved 63 proposals for FDI in single brand retail so far, the Union Commerce Minister, Anand Sharma said today. “We have received and approved 63 proposals for FDI i...
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SME sourcing clause in retail FDI could change 22.2.2013 Top Headlines
'When it comes to the definition of SME, we need to have a relook.'
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FDI will hamper small traders: Saugata 18.2.2013 New Kerala: India News
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Horsemeat scandal: the essential guide 15.2.2013 The Guardian -- World Latest
With the Europewide scandal over the contamination of meat products, from beefburgers to lasagne, showing no sign of abating, study the issue in depth and learn all you need to know about how it came to this with our essential guide 1. Where did the horsemeat scandal begin? 2. Where did the horse and pig found by the Irish in beef products come from? 3. Why did some products contain so much more horse than others? 4. How did the rest of Europe get involved? 5. Is the source of the Irish horsemeat the same as the French one? 6. Why are the supply chains so complex? 7. Why has it happenened? 8. How is the meat industry regulated? 9. What about industry claims that it has full traceability? 10. What happened to government control of food safety and standards? 11. Where do the horses come from? 12. What part do UK horse abattoirs play? 13. Why are governments talking about organised crime? 14. Is it a health problem? 1. Where did the horsemeat scandal begin? The Food Safety ...
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British PM Cameron to visit next week 13.2.2013 Rediff: Business
Vodafone, other contentious issues likely to be discussed.
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TESCO to open Indian subsidiary for farm output and fruits 8.2.2013 Hindu: Industry
Talks are being held with Tata group.
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Horsemeat lasagne scandal leaves Findus reputation in tatters 8.2.2013 Guardian: Environment
Revelation of horsemeat in Findus beef lasagne a 'PR nightmare and disaster' for firm trying to take frozen food upmarket "Our chefs take painstaking care to ensure our recipes are developed to the highest standard. We use only the best ingredients and a generous pinch of imagination." So states Findus on its website. It would seem that imagination is now catching up with them, as revelations that Findus beef lasagne products contained up to 100% horsemeat threaten to leave the company's reputation in tatters. Analysts and experts believe a firm best known for crispy pancakes can recover its standing, but the way it handles the fallout will be crucial. Neil Saunders, managing director of the retail researcher Conlumino, said: "I think it's a PR nightmare and disaster for them and I think it's much worse than for a company like Tesco which sells a whole variety of products." Last month Tesco was among the retailers caught up in the first wave of revelations that horse DNA had been found ...
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Horsemeat scandal spreads to lasagne 6.2.2013 The Guardian -- Front Page
Tesco and Aldi reveal they have withdrawn a range of ready meals produced by French food supplier Comigel Frozen spaghetti and lasagne meals have been stripped from supermarket shelves as fears over contaminated meat products spread. Retail giant Tesco and discount chain Aldi revealed they have withdrawn a range of ready meals produced by French food supplier Comigel. The move follows concern over contamination of products with horsemeat. A Tesco spokesman said it took the step as a precaution after Findus beef lasagne was removed from sale. "Following the withdrawal of Findus beef lasagne, which is produced by Comigel, we have decided to withdraw our frozen Everyday Value Spaghetti Bolognese, which is produced at the same site, as a precautionary measure," the Tesco spokesman said. "There is no evidence that our product has been contaminated and the meat used in the Findus product is not used in our product. However, we have decided to withdraw the product pending the results of ...
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Most Indian retailers stop at rewards: Bryan A Pearson 4.2.2013 Business Standard: Management & Mktg
Let’s begin with just plain loyalty and first understand how it must work.
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ET: Global retailers not buying India story 31.1.2013 TOI: Home
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