'Unlike Big Bazaar, where the promoter calls the shot, in ABRL, professionals take decisions. So, every new CEO leads to a change in strategy, which confuses vendors and the team.' Aditya Birla......
Foreign direct investments or not, homegrown retailers are convinced that their business will go on as usual, confident that global players will find it tough to catch up with them.Some of the......
Foreign retailers, waiting for years to set up shops in India in the multi-brand category, reacted with ample caution to the in-principle nod by the committee of secretaries (CoS) to a 51 per cent......
Three years after its experimentation with cash-and-carry retail fizzled out, Reliance Industries Ltd plans a strong comeback.At its annual general meeting today, Chairman Mukesh Ambani said......
Raghu Pillai, chief executive officer (CEO) and executive board member, Future Group, died of a heart attack this morning. He was 54 and is survived by his wife, son and a daughter.Pillai had over......