The government has struck down half of the products that IKEA proposed to sell in the country while clearing its Rs 10,500-crore investment proposal.
Vineet Kapila, CEO at Spencer's Retail, has put in his papers and will be succeeded by Mohit Kampani, the current head of merchandising and operations.
French cookware maker Le Creuset has proposed to start a fully owned single brand retail venture in India, becoming the fourth multinational retailer to do so.
The company said it was in the process of implementing a number of specific, concrete actions to strengthen its compliance programme in India.
Italy's Luigi Lavazza Spa is looking for a strategic partner or even an outright buyer for its Indian coffee chain Barista.
Big retailers like Future Group, Mango plan to remove restrictions on carry bags despite rampant shoplifting
Retailers plan to review the policy of restraining shoppers from carrying their bags and instead increase investments in technology, training to check shoplifting.
Modern retailers like Raymond, Triveni, 3A Bazaar take stores to customers, provide specialised services
Like kiranas, a clutch of modern retailers are taking their stores to customers and providing them specialised services.
Average billings sizes have increased as premium products such as large-screen TVs, smartphones and designer wear are moving off the shelf faster.
Arjun Sharma, the director of Select Citywalk mall in Saket says he would love to move brands around for the iconic brand. "It's a relevant brand."
FDI in retail: Unclear sourcing norms, stand of many states make global retailers wary of India entry
On single-brand front, retailers are seeking crucial clarifications from govt even after the country eased local sourcing norm.
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