Retail Sector in India: Weekly News Updates - Carrefour might tie-up with Future Group

Retail majors are seeing their sales decline. Several are closing down stores and still others are putting a halt to their expansion plans. Subhiksha is scrambling for funds and UK retail major Argos is exiting India. Reliance is easing out of the Cash and Carry format. On a positive note, Carrefour might yet make an India entry with a tie-up with the Future Group.

-Chillibreeze Business Research Team

General Plans and Information on the Retail Sector
Retail majors' sales decline

Big players in the Retail Sector - plans and investments
Reliance exits cash & carry biz
Subhiksha battling for survival, may shut half its stores
UK retail major Argos to pull out of India
Carrefour may hook up with Biyani
Vishal Retail seeks rent re-negotiation, to relocate stores

Luxury & Lifestyle Retail
Sales in home segment picking up: Biyani