Retail News Update

There’s fresh trouble for Reliance Retail as 4 stores are vandalized in Bhubaneshwar.    Fresh violence. The traders and vegetable vendors targeted other Reliance stores in Bhubaneshwar. About 300 people entered, smashed glass panes and tried to attack the staff. That’s because they fear organised retail will affect their business.      “We want to drive out Reliance […] ↓ Read the rest of this entry…

This festival season Shoppers’ Stop is planning to create lower variants in its credit card-based buying options. Reducing its credit limits, the retail chain is looking at options that would not necessarily cater to big-ticket items at its stores. Mr Govind Shrikhande, Chief Executive Officer, Shoppers’ Stop, told Business Line, “We are looking at giving […] ↓ Read the rest of this entry…

Derivatives markets are basically for hedgers such as manufacturers, millers, exporters, importers, traders and cash-rich speculators, and not for retail investors. ——————————————————————————– M.R. Mayya It is a matter of concern that retail investors have entered the derivatives market in a big way. The National Stock Exchange (NSE) data indicate that retail investors have been the […] ↓ Read the rest of this entry…

With a jump in the Indian economy from a manufacturing sector, that never really took off, to a nascent service sector, Banking as a whole is undergoing a change. A larger option for the consumer is getting translated into a larger demand for financial products and customisation of services is fast becoming the norm than […] ↓ Read the rest of this entry…

With long-term experience in modern supply chains and provisioning, Hong Kong firms in the food and related products sectors – the likes of Heng Tai Consumables and ABS Procurement Co – are sure to be viewing the changing Indian retail scene with more than passing curiosity. Others, like ACM China, the greenhouse specialist, are already […] ↓ Read the rest of this entry…