Retail news as on 12th November 2009

November 12, 2009

News for the retail industry

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News

Reliance Footprint partners with Gini & Jony to launch Levi's & Puma Kids ... Equity Bulls Reliance Footprint, the footwear specialty store of Reliance Retail, today announced its association with Gini & Jony, the leading kids wear brand in India, to introduce the Levi's & Puma kids footwear range at its stores across the country.

Walmart and CARE Launch New Initiative to Empower Marginalized Women in India CNNMoney.com (press release) As a part of their commitment to women's empowerment, Wal-Mart Stores, Inc. (NYSE: WMT) and CARE announced the launch of a Cashew Value Chain Initiative.

Big Apple plans to invest US$ 10 million to expand retail business in India FreshPlaza Big Apple, US$ 25 million food and grocery retailer in India and of a unit of Express Retail Services Private Limited, has announced an investment of US$ 10 million towards the consolidation and expansion of its business.

Retail Trends

European jeanswear brand MUSTANG enters the Indian market Fibre2fashion.com Shopper's Stop Limited, pioneer of modern retail in India, brings one of Europe's leading jeanswear and lifestyle brands to India as part of their exclusive international brand offering. Shopper's Stop Limited, in an exclusive retail arrangement with the German jeanswear and lifestyle brand MUSTANG, will operate shop-in-shops within its flagship department store format Shoppers Stop.

Retail Insight

The focus on consumer shopping occasions Wipro "A few manufacturers have started putting much less emphasis on channel-specific marketing / merchandising, and much more on consumer shopping occasions and need states. Are they on to something? Why or why not? What new knowledge, insights, expertise, information - and new tools/resources to elicit these - will be needed by CPG companies and retailers to meet such a fundamental shift in approach to the retail landscape? Why?"