closing retail, going e-tail

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Those four words go a long way to summing up a tumultuous week in retail, when Borders collapsed in the US, quickly followed by Borders/Angus & Robertson in Australia. Online retail is not the only culprit of course (much has been made of REDgroup’s management in the case of Borders/A&R), but it is one of…

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The Mobile store offer in month of Romace – February

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February rings in with never before offers from The MobileStore Customers at TMS to get booklet containing wide range of discount vouchers for high-end travelling destinations, eating-out, lifestyle and holidaying Upto 30 % off on select handsets from top brands, such as, Nokia, Samsung, Blackberry, Motorola, LG, Micromax and Spice Mobile Phone accessories free with…

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50 years of IIM Ahemdabad

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IIMA, September 30, 2010: Indian Institute of Management, Ahmedabad will enter the 50th year of its journey on December 11, 2010. Year long celebration of the Golden Jubilee will begin on that day by honouring retired faculty members, board members and staff who have served for a long period of time and contributed significantly to…

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Cantabil Retail India IPO: It’s your choice

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The issue is reasonably priced even though the ICRA grading for this IPO is low. This grading indicates below-average fundamentals. The company also operates in a highly fragmented market. Make your choice! Issue: Price: Rs127-Rs135 per equity share Bid lot: 50 equity shares and in multiples thereof No of shares on offer at Rs127 per…

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Nokia Delays the Launch of Nokia N8

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Nokia has officially announced that N8  launch has been delayed to make some final amends in the product. N8 had been scheduled for launch by September end in many markets, but now will be available in October, Nokia said. Many analysts claim that the final amends in the phone might be to solve bugs problem,…

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Vishal Retail finally finds suitors

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Debt-laden Delhi-based Vishal Retail will sell its retail trading business to Shriram Group of Chennai and the wholesale business, institutional sales and franchise operation to a private equity company, ‘TPG Capital’, with the combined deal totaling to Rs1 billion. Pertaining to this, the board of retail group has decided to conduct a postal ballot, to…

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Wal-Mart Small Stores, Job Shop

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RECESSION OVER: It may not feel like it is over but the recession ended more than a year ago. That is according to an independent group of economists known as the National Bureau of Economic Research. Based on their analysis, our 18-month economic downturn officially ended in June of 2009. That makes this recession the…

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Carrefour to open first unit in India soon

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In order to grab a share in the billion dollar worth of Indian retail industry, French supermarket giant, Carrefour has announced that it will very soon open its wholesale store in India. It is expected that the store will become operational by November this and when that happens another foreign brand name will join the…

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