Retail News Round up

* Apple asks India to relax sourcing norms under single-brand retail FDI policy.

* 9 McDonald’s Menu Items Flopped.

* India Is An Untapped Market For Female Smartphone Users.

* Goods and Service Tax will be reality soon: JD Seelam.

* Online retailing will triple to Rs 500 billion in 3 years: Crisil.

* Adidas to roll out new “stadium” concept in retail drive.

* Brands like Bisleri, Horlicks, Amul and Tata Salt appear ‘Healthy’ for consumers in Food & Beverages space.

* Nokia succumbs to Android appeal in low-cost phone battle.

* BlackBerry to offer BBM to Windows Phone, Nokia X platforms.

* Santoor’s new extensions to form its anti-ageing potion.

* Toonz Retail eyes kidswear to grow in smaller towns.

* Touchscreens replacing toys as kids’ favourite play things.

* Snapdeal enters services space to hit $1bn.

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