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Carrefour to shut Singapore operations by end-year

Carrefour to shut Singapore operations by end-year | Social Network for Logistics & Transport | Scoop.it

French retailer Carrefour SA said Tuesday it will close its two stores in Singapore by the end of this year, after an abortive attempt to sell its Singapore and Malaysia operations in 2010.

 

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French retailer Auchan signs franchise deal with India's Max Hypermarket

French retailer Auchan signs franchise deal with India's Max Hypermarket | Social Network for Logistics & Transport | Scoop.it

French retailer Auchan has signed a franchise agreement with India's Max Hypermarket to enter the country with its retail operations, the companies said on Monday.


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Wal-Mart seeks US govt help on India plans

Wal-Mart seeks US govt help on India plans | Social Network for Logistics & Transport | Scoop.it

Amid growing political opposition in India for easing of foreign investment norms in retail and other sectors, US-based companies like Wal-Mart and Prudential Financial are lobbying hard with their own lawmakers to garner support for their Indian business expansion plans.


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IKEA's investment in India - such a big deal? - Business Standard

When Mikael Ohlsson, CEO and president of IKEA, announced the euro 25 billion Swedish furniture giant’s investment plans for India at St Petersburg (Russia) on June 22, the initial reaction was that of euphoria. Now that policy makers in New Delhi are dissecting the company’s application and also trying to tweak some of the tough conditions in the guidelines for FDI in single-brand retail, it’s time to ask whether IKEA is such a big deal for India.


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Retailers gear up for "lemon law"

Retailers gear up for "lemon law" | Social Network for Logistics & Transport | Scoop.it

Retailers in Singapore are gearing up for changes to new consumer protection laws -- also known as "lemon law" -- which kick in on September 1.

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Opening up to Wal-Mart will help China more than India

Opening up to Wal-Mart will help China more than India | Social Network for Logistics & Transport | Scoop.it

Wal-Mart imports $30 billion worth of manufactured goods, mainly electronics, FMCG products and toys, from China. The clearest argument against opening up retail is that the suffering caused by the loss of livelihoods in small retail stores would far outweigh any possible gains to the economy.


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Modern retail centres outgun traditional markets

Modern retail centres, convenience stores and supermarkets are having an impact on traditional markets and the livelihood of thousands of merchants throughout the city, a seminar in HCM City heard on Friday.

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