Entire Apple stores being faked in China
At first, it looks like a sleek Apple store. Sales assistants in blue T-shirts with the company's logo chat to customers. Signs advertising the iPad 2 hang from the white walls. Outside, the famous...
View ArticleIndia Ink: India Opens Door to Foreign Investment
India ushered in the biggest economic reforms in two decades on Friday, allowing big foreign retailers like Walmart, foreign broadcasters and foreign airlines to invest in the country, among other...
View ArticleWhy India may not be such an attractive destination for supermarkets
On Friday, the government finally cleared a controversial plan to open up its lucrative retail sector to global supermarket chains in an effort to revive a flagging economy. There has been a massive...
View ArticleWal-Mart to Apply to Open Stores in India
Wal-Mart Stores will in the next 45-60 days apply for the Indian government's permission to set up stores in the country, a spokeswoman for the U.S retail company's local joint venture said.
View ArticleWal-Mart India unit suspends CFO, others pending bribery probe
The Indian joint venture of Wal-Mart Stores Inc has suspended its chief financial officer and other employees as it investigates alleged violations of U.S. anti-bribery laws, a development that could...
View ArticleWalmart Admits Bangladesh Factory Was Making Clothing For Retailer Before Fire
The garment factory in Bangladesh where a weekend fire killed at least 112 people had been making clothes for Wal-Mart without the giant U.S. retailer's knowledge, Wal-Mart said. Wal-Mart said the...
View ArticleMany trapped in Bangladesh building rubble as toll climbs to 187
Survivors from a building that collapsed in Bangladesh killing at least 187 mainly women workers described hearing a deafening crack before the complex housing factories supplying Western clothes...
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