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Retail News Round up

  • Wal-Mart takes aim at $2 billion used video game market.
  • Offline retailers opens to Online front to compete with Flipkart, Snapdeal.
  • India to be the regional hub for Panasonic from next month.
  • Coca-Cola plans to set up Rs 1,200-cr unit in AP; Nellore to be biggest greenfield facility in Asia.
  • Fossil to invest $4.5million post FDI approval.
  • Jewellers lose shine as buyers prefer branded products.
  • Bottega Veneta CEO says bigger, not more shops key to growth.
  • McDonald’s To Give $500,000 To Workers Who Claimed Wages Were Stolen.
  • Private equity investor Lighthouse to buy 25% in Bikaji Foods.
  • Vegit introduces four new instant snack mixes into the market.
  • Moto X exclusively on Flipkart at Rs 23,999 from today.
  • Smartphone rates may slip below Rs 2.5k by year-end.
  • Tandem Capital makes big returns from Bash Gaming.
  • Sony stumbles in India as emphasis shifts from laptops, smaller TVs.
  • Snapdeal.com inks pact to launch GOQii Life in India.
  • EE offers in-store customer tracking for retailers.
  • Tesco trials pizza delivery and plots in-store fast food restaurant.

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