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Retailers predict sales slowdown in coming quarters

The government hopes inflation will start softening from next month, but retailers don’t expect that to translate into better sales for them immediately. Most retailers expect a “visible” slowdown in…

November 4, 2011 / No Comment / Read More

International retailers go slow on hiring plans

Uncertainty over FDI in multi-brand retail. Foreign retailers have put their hiring plans for proposed multi-brand outlets in India on hold. Sensing the government’s mood, executive search companies said, these…

October 30, 2011 / No Comment / Read More

Apparel makers, retailers plan to cut prices by 15%

Even as headline inflation is steadily climbing, apparel shoppers can now see some signs of respite. Apparel manufacturers and retailers plan to cut merchandise prices for the upcoming spring-summer season,…

October 27, 2011 / No Comment / Read More

Retail sector beefs up credit demand

MUMBAI: Banks are seeing a strong pick-up in creditdemand in recent fortnights, driven largely by the non-manufacturing sector, particularly retail. In the latest three fortnights between August end and the first…

October 20, 2011 / No Comment / Read More

E-retailers hire more, tie-up with logistics companies

Online retailers are geared up to handle the festive season rush spanning Dussehra, Diwali, Christmas and New Year. Many of them have stepped up their workforce, while others have tied…

October 2, 2011 / No Comment / Read More

Dipp relaxes norm for cash-and-carry firms

Bharti Wal-Mart and Tata-Tesco to benefit, courtesy new definition of ‘group’. Retail companies with foreign joint ventures have reasons to cheer. The Department of Industrial Policy & Promotion (DIPP) has…

September 20, 2011 / No Comment / Read More
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