Tag: Wal Mart

Walmart Pauses India-Entry; Upset By States’ Veto Power

Concerned over the States’ veto power in matters related to foreign investors’ entry into their states, global retail major Walmart has remained hesitant to enter India. Walmart and along with the US government officials have met Mr. Anand Sharma, Commerce & industry minister for India. The foreign retail major has conveyed its anxiety over the […]

High Rentals Hit Retail Expansion Plans

The expansion plans of retail companies have taken a hit due to the rising real estate rentals. Talking to media persons, K Dasaratharaman, president (specialty retail), Spencer Retail, the retail arm of the RPG group, maintained that the real estate prices are a critical aspect while choosing the location of new stores.” Dasaratharaman said that […]