Future Axiom in India has launched One Mobile, its new mobile retail brand, and plans to boost its work force by 400% by the end of next year. "Subsequent to our recently launched operations, we are on an aggressive growth path," said Faisal Al Bannai, managing director of Future Axiom Telecom. "We plan to serve pan-India and operate in more than 58 cities through 1,500 stores and touch points by December 2009."
Asia-Pacific consumers are becoming so accustomed to the Internet that high street shopping is losing its appeal. Almost 80% of Internet users in Singapore, Australia, India, Korea, Japan and Hong Kong reported making an online transaction within the past year, spending an average of more than $3,000 each.
High-end retailer Barneys New York is considering opening a flagship store in Beijing. Istithmar, an investment company in Dubai, United Arab Emirates, that bought Barney's last year for $950 million, also is considering opening stores in Dubai and Macau, according to sources.
River Island, a UK fashion retailer, is working with Changeworknow, an online-recruitment specialist, to recruit sales advisers and cut costs. "People want to know more about their role with River Island than job responsibilities, salary and benefits; they want to hear what it really means to work for the company," said Lisa Astbury, director of Changeworknow.
Citing "notable potential in Turkish retail", Carrefour is seeking to expand its presence in Turkey, which stands at 146 supermarkets. "Our future plan for Turkey is to continue growing both organically, by opening new stores, and by making new acquisitions. We are looking for potential acquisition targets," said Guillaume Vicaire, CEO of Carrefour's Turkish operations.