Rice producer Best Foods is planning to invest INR750m ($12.2m) in expanding its retail presence to cater to the increasing consumer demand for grains. The move is said to form a part of the company's strategy to generate around INR50bn ...
Tags: Rice producer, grains, Agriculture
For the second fiscal quarter ending September 30, 2014, net profit shot up 60%, while sales climbed 17%, both growths coming from a year ago periods, at Shoppers Stop Ltd (SSL). SSL reported a gross retail turnover of Rs. 942.76 crore ...
The American multinational clothing and accessories retailer Gap Inc. is set to open its first-ever Old Navy outlet in Shenzhen, a city located in the south of Southern China’s Guangdong Province, on November 8, 2014. In a bid to ...
Tags: clothing retailer, omni-channel, Apparel
The Indian discount fashion chain Brand Factory has introduced an Ethnic Wear Festival offering an eclectic range of over 2.5 lakh womenswear pieces. Slated to run from November 15 to 30, 2014, the festival offerings include a wide array ...
Tags: Ethnic Wear Festival, Apparel
The nation’s first operational, all-electric car share service launched in Golden, Colo. eThos Electric Car Share will provide the Golden and Denver-metro area with American-made, all-electric sedans (EVs) for short-term rental. "We ...
Tags: all-electric sedans, short-term rental, Auto
Remy Martin is unveiling a limited series of just 775 decanters worldwide of an exquisite cognac taken from a single tiercon from the family's private cellars – the LOUIS XIII Black Pearl Anniversary Edition. These numbered ...
Tags: Black Pearl cognac, LOUIS XIII, Agriculture
BMW is developing LED Street lights equipped with sockets that can be used for charging electric vehicles. The company has reportedly made two prototypes of "Light and Charge" street lights which is designed to combine efficient Light ...
Tags: LED Street lights, infrastructure cost, dedicated power outlets, Auto
Ford has commenced production of its flagship 2015 Ford F-150 at its Ford Rouge Center in Michigan. Ford claims that the facility is equipped with the latest technology required for the commercial production of the vehicle. The new F- ...
U.S. jewelry and watch sales from all retail outlets in September increased 3 percent year on year to $5.521 billion, according to preliminary government figures. As is often the case, the sector's totals for previous months were revised, ...
A combination of low inventories and refinery maintenance could be spurring some Chinese state-owned companies to seek gasoil imports for the fourth quarter, sources said this week. Though market sources said that state-owned trader ...
Tags: Gasoil, sulfur gasoil, crude oil
China's consumer economy is growing rapidly, and more and more e-commerce companies are joining every year to celebrate the Double 11 festival. Brick and mortar retail outlets are even capitalizing on the festivities with plans to create a ...
Tags: Double 11 Day, e-commerce
Australia’s largest multi-brand retail food franchisor and leading wholesale coffee roaster, Retail Food Group Limited (RFG), has announced its entry into a Sale and Purchase Agreement to acquire the global business and intellectual ...
Tags: food franchisor, coffee roaster
Electronics purchases are a popular choice among American buyers, with three out of four reporting plans for spending in the coming year. Online outlets and brick-and-mortar sellers both remain popular choices, but those that flock to ...
Tags: Apple iPhone, Android devices, Electronics
Indian ethnic wear brand Biba has launched its e-commerce portal to leverage the fast growing e-commerce market space and do maximum business in the ongoing festival season. The managing director of Biba, Sidhharth Bindra, said the ...
Tags: ethnic wear, Apparel
U.S. jewelry and watch sales rose 4.3 percent year on year in July, according to preliminary government calculations, representing the strongest monthly gain so far this year. Earlier this month, and beginning with June's provisional sales ...
Tags: Jewelry Sales, Watch Sales