Small is no longer beautiful for retailers. With customers returning to the shops, almost all retailers are now focusing on large format stores (15,000 to 20,000 sq ft or above) that allow them to sel…
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Wal-Mart Nets Mostly Positive Q3 Results
Discount retailer Wal-Mart reported gains in net sales and operating income for its Q3 fiscal 2010 (ended October 31, 2009), but experienced decreases in comparable store sales. Analysis of selected t…
Vishal promoter to exit in debt recast
Value retailer Vishal Retail’s founder chairman and managing director, Ram Chandra Agarwal, will step down, according to a settlement reached with the companys lenders. The company today decided…