Spencer’s Retail news and archive

Contrary to the West, Christmas cheers India’s retail

While globally, Christmas joy may not have brought in a much expected retail boom, but in India, consumers were seen loosening their purse strings yet again. Post buoyant Eid and Diwali; consumers are spending on everything from wines to smartphones and clothing spreading Christmas joy among retailers. On the international front, research firm...

Design

Indian retailers in a catch-22 situation on FDI in retail

Amid growing opposition to its decision of allowing foreign direct investment (FDI) in retail sector, the UPA government has decided to put the issue on the back burner. The much awaited approval to 51 per cent FDI in multi-brand retail was approved by the Cabinet recently. In fact industry majors like the Future Group, Bharti Retail, Spencer’s...