WHAT'S HOT:
UK's department store chain John Lewis considering opening shops in China
May 6, 3:21 pm
London, May 6 (ANI): The John Lewis Partnership, an employee-owned UK partnership that operates well-known chain of up market department stores, is considering opening shops in China, a move that would mark its first foray outside Britain.Charlie Mayfield, chairman of the partnership, which operates John Lewis department stores, Waitrose supermarkets and a number of other services, recently visited China on a mission focused on sourcing products, visiting rival retailers and spending time with potential customers.The Telegraph quoted Mayfield, as saying that no firm decision has been taken till now, but he 'was attracted by the rate of growth in the country, 'partly as a result of the economic challenges in the
UK'.He, however, stressed that if the retailer were to open stores in the country, it was unlikely that they would be identical to the John Lewis British customers know."There's a danger people indulge in retail imperialism. My view is to think very carefully about what capabilities do we need to establish in order to succeed in international markets," the paper quoted him, as saying.Mayfield cautioned that those capabilities might not initially be 'opening a shop', stressing it might be vital to first focus on the partnership's 'ability to originate and source unique product that is highly desirable' to potential customers. (ANI)
Drought hits production of red chillies in Gujarat
May 22, 4:19 pm
Junagadh (Gujarat), May 22 (ANI): The trade of red chillies has been adversely affected in Gujarat by drought, forcing the prices to rise.
Full Story »
U.S. dollar slips against euro after Fed official remarks
May 22, 4:09 pm
Beijing, May 22 (Xinhua-ANI): The U.S. dollar advanced against most major currencies on Tuesday, but weakened against the euro after a U.S. Federal Reserve official indicated that the central bank may not taper its bond-purchasing program soon.
Full Story »
U.S., Myanmar sign trade agreement
May 22, 3:59 pm
Beijing, May 22 (Xinhua-ANI): The United States and Myanmar on Tuesday signed a trade and investment framework agreement, announced the Office of the U.S. Trade Representative (USTR) in a statement.
Full Story »
ESPN layoffs 7000 workers as TV rights fees rise
May 22, 3:27 pm
Washington, May 22 (ANI): Sports media giant ESPN has given pink slips to nearly 7,000 employees on Tuesday, the network said in a statement.
Full Story »
Comments
LATEST STORIES
-
349635
- President Karzai invites CII to set up healthcare and skill building centers in Afghanistan
- Hyundai Motor commences 'Trophy Tour' for ICC Champions Trophy 2013
- Beni advises SAIL to take corrective measures to complete projects on time
- Japan has many attractions for foreign tourists
- iGate CEO Phaneesh Murthy denies charges of sexual harassment
- Costing Institute celebrates Annual Day
- Now, enjoy Ramen Noodles onboard Japan's ANA flights
- Bank mergers could lead to too-big-to-fail entities: Chidambaram
- Yahoo 'to buy Tumblr in $1.1bn deal'
- CII says S and P retains 'negative' outlook on India
TOP VIDEO STORIES
PHOTO GALLERY
- HOME
- NATIONAL
- WORLD
- SPORTS
- ENTERTAINMENT
- LIFESTYLE
- HEALTH
- SCIENCE
- TECH
- WORK
- SPACE
- ABOUT US
- PRIVACY POLICY
- CONTACT US
- ADVERTISE WITH US
- FEEDBACK
- SITEMAP
Copyright © 2010 aninews.in All rights reserved.
RSS




