Pre-school chain KidZee to slot in a newfangled identity soon

The Mumbai-based Kidzee, the pre-school division of Zee Interactive Learning Systems, which runs a franchise network of over 650 schools pan-India, is mulling over to unveil a unique teaching philosophy in its pre-schools from 2009 onwards. More...

Starbucks moves to cut costs, retain customers

US-based coffee chain Starbucks Corp, unable to stem a slide in sales growth that began a year ago as consumers reined in spending, said it does not expect to meet Wall Street estimates for the current quarter and would double its cost cuts for the full year. More...

US retail industry loses 91,300 jobs in November

The US retail industry slashed a startling 91,300 jobs in November, the biggest monthly loss in more than half a century, as it confronts a severe retrenchment in consumer spending and what could be a long and deep recession. More...

Italy’s Parmalat names Vanoli as chief operating officer

Parmalat SpA, Italy’s biggest food company, appointed industry veteran Antonio Vanoli as chief operating officer after Carlo Prevedini resigned. More...

Reliance Retail rolls out 14th format -- Reliance Living Furnishings

Reliance Retail, the retail arm of India’s largest corporate Reliance Industries, has forayed into the home furnishing segment with the launch of its 14th retail format christened Reliance Living Furnishings. The company, which opened its first Reliance Living Furnishings store in Noida (Uttar Pradesh), plans to follow it up with one more store in New Delhi and two in Hyderabad. More...

Turtle chooses Oracle solutions to manage India biz

Turtle Ltd, the Kolkata-based menswear brand, has selected Oracle e-Business Suite R12 (Oracle Applications) to manage its operations in India. More...

UltraTech Cement plans to run 400 building solutions outlets by 2009-end

Ultratech Cement, part of Aditya Birla Group, has opened five retail exclusive building solution outlets in Coimbatore. The company, according to a senior official, intends to take the number of outlets to 400 from the existing 76 by 2009 fiscal-end. More...