Wall Street drops at end of tough week for retailers

Wall Street drops at end of tough week for retailers

US stocks fell on Friday as a decline in oil prices added to pressure from consumer companies after gloomy quarterly reports from Nordstrom and JC Penney overshadowed upbeat April retail sales data.

Retailers embracing big data to gauge consumer preferences

Fashion retailer Shoppers Stop also recently announced plans to go digital, changing its strategy for third time in five years.

Mumbai retailers stop Maggi sales

 A Mumbai retailers' organisation on Thursday ordered all members to immediately stop stocking or selling Maggi noodles till the air over its safety aspects is cleared.

Retailers make a killing ahead of Pacquiao-Mayweather megafight

Retailers make a killing ahead of Pacquiao-Mayweather megafight

Sales of Manny Pacquiao boxing gear and effects have soared as much as 10 times ahead of his May 2 megafight with Floyd Mayweather, with Philippine retailers struggling to cope with demand from fans snapping up any paraphernalia they could find.

Gold, silver prices rise on buying by jewellers

Gold prices recovered marginally by Rs 20 to Rs 26,450 per 10 grams at the bullion market on Wednesday on scattered buying by jewellers amid a firm global trend.

Gold at 3-month low, tumbles Rs 520 on weak global cues

Gold prices today plunged by Rs 520, its biggest fall this year, to trade at an over three-month low of Rs 26,540 per 10 gram at the bullion market, tracking a weak global trend amid subdued demand from jewellers and retailers.

Gold eases on low demand; global cues

Gold prices declined by Rs 50 to Rs 27,830 per ten gram at the bullion market today as demand from jewellers and retailers eased at prevailing levels amid a weak global trend.

Delhi: Major crackdown on retailers indulging in malpractices

In a major crackdown, 67 teams of Food and Supplies department of Delhi Government raided over 560 retail outlets across the city following complaints of alleged over-charging and other malpractices.

Carrefour looking to exit India wholesale operations: Media reports

The company has seen senior-level exits from its India business recently and some employees may be asked to leave over the next few weeks, the newspaper said, citing unnamed sources.

Social media driving more traffic to retail sites

Retail websites these days are benefiting a lot from social media websites as they play a huge role in increasing the traffic to the site. Social media is a highly valuable tool for retailers and their businesses when it comes to customer reach, marketing and brand control.

Retail space supply in malls up by 78% in 2013: CBRE

Retail space supply in shopping malls grew by 78 percent during 2013 to 4.7 million sq ft in seven major cities.

Retailers lead Dow, S&P 500 to record closing highs

US stocks rose on Thursday, with the Dow and S&P 500 ending at record highs as retail shares rallied following strong data about the holiday shopping season.

LBT stir to linger; citizens brace up for hardships

Citizens may have to continue facing hardships, with a traders` body announcing that indefinite strike against LBT will go on.

63 proposals approved for FDI in single-brand retail: Sharma

Government has approved 63 proposals for FDI in single brand retail so far, Union Commerce Minister Anand Sharma said on Friday.