Telstra stores

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The online initiatives will be handled by a new a new online customer service unit within Telstra Consumer that will “design and operate online self-service platforms that give customers the option of performing many transactions with Telstra online using their computer or mobile devices, rather than speaking to agents over the phone.” It will be Read More

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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 Read More

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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 Read More

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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 Read More

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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 Read More

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