Alibaba in major initiative to court China consumer for US retailers

Last Updated: Friday, January 16, 2015, 11:49

The Chinese companies will also work with US startup Shoprunner, an online mall for US retailers in which it owns a stake, and retail services provider Borderfree Inc to court Chinese consumers.

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

Last Updated: Thursday, January 23, 2014, 22:46

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

Target hackers directed stolen data to Russian servers

Last Updated: Saturday, January 18, 2014, 21:21

Researchers investigating one of the most devastating data breaches in history have found that the attackers breached Target's network and stayed undetected for more than two weeks.

Richemont seeks entry into India's luxury retail market

Last Updated: Friday, January 17, 2014, 01:28

Luxury goods group Richemont , whose stable of brands includes jewellers Cartier and Van Cleef & Arpels, has applied to open shops in India, joining other global retailers who entered the market since New Delhi relaxed investment rules.

US retailers reporting weak holiday season results

Last Updated: Friday, January 10, 2014, 04:58

Victoria`s Secret parent L Brands and home decor chain Pier 1 Imports joined other retailers in slashing profit forecasts Thursday following disappointing holiday sales.

CNG rate increase due to court orders: IGL

Last Updated: Friday, December 27, 2013, 14:03

A day after hiking CNG price by a steep Rs 4.50 per kg, Indraprastha Gas Ltd on Friday said the rate increase were forced by court orders that led to cut in allocation of cheaper domestic natural gas.

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

Last Updated: Friday, December 27, 2013, 06:00

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.

Petrol pump retailers threaten to strike on Dec 24

Last Updated: Wednesday, December 18, 2013, 20:13

Tamil Nadu Petroleum Dealers Association, a member of the CIPDA, Wednesday said 40,000 petrol pump owners would be on strike country-wide on December 24 if their demands were not met.

State-owned oil companies gain; strong rupee eases crude, dollar debt worries

Last Updated: Thursday, September 19, 2013, 15:36

Shares in state-owned oil retailers gain as a rally in the rupee against the dollar was seen easing concerns about higher cost of crude oil imports and dollar debt, dealers say.

FinMin to give Rs 8,000 cr cash subsidy to oil retailers in Q1

Last Updated: Thursday, August 8, 2013, 19:50

Finance Ministry Thursday agreed to give Rs 8,000 crore cash subsidy to fuel retailers IOC, BPCL and HPCL to make up for less than a third of losses they incur on selling diesel and cooking fuel below cost.