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Retail News Round up

* ITC planning to foray into foods business; health platform the next big thing.

* Tech brands lock horns with e-com firms over ‘predatory’ pricing.

* India, China to help APAC become largest e-commerce market in 2014.

* Goldman Sachs, Mitsui invest in ex-Godrej MDs FMCG firm.

* 42% economic crimes are committed by middle-level managers, reveals PwC Survey.

* To improve inventory visibility, European apparel retailer picks Checkpoint RFID solution.

*Retailers post lowest same-store sales growth in five quarters.

* Pantaloons makes quiet alterations to compete Shoppers Stop & Westside.

* 174-yr old French beret maker Laulhere fights for survival in Hollande test.

* Nike names Anthony Watson as new CIO.

* PE firms Kedaara, TA Associates, Carlyle in talks to invest in bakery brand Cremica.

* Cadbury investing heavily in infrastructure with 1 lakh visicoolers to expand in India.

* Commerce Ministry seeks opinion on retail FDI policy reversal.

* Kaya exits salon business.

* Sbarro Is Closing 155 Stores.

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