REAL ESTATE

Starbucks opens first store in India

BY Marianne Wilson

Mumbai — Starbucks Coffee Co. on Friday entered its 61st country with the opening of its first store in India, in a historic building in southern Mumbai. The store is owned and operated by Tata Starbucks Limited, the 50/50 joint venture between Starbucks and Tata Global Beverages Limited. The company plans to open two additional stores in Mumbai next week before launching in New Delhi in early 2013.

“Together, our two companies are bringing an unparalleled experience to India customers. We are investing for the long-term and see great potential for accelerated growth in India,” said Howard Schultz, chairman, president and CEO, Starbucks.

The two-level coffeehouse in Mumbai is designed to reflect Starbucks coffee heritage and embrace the local culture, with the artifacts, Indian teakwood furniture, floor design and interiors created by local craftsmen and artists. Painted vintage trunks and old leather-bound books enhance the atmosphere. The items on the menu reflect local as well as Starbucks standard fare.

Tata and Starbucks announced the strategic joint venture partnership – Tata Starbucks Limited, to open Starbucks stores in India in January 2012.

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M.Fourcall says:
Dec-22-2012 04:40 pm

This one helped me for a
This one helped me for a thesis which I am writing. Thank you for giving me another point of view on this difficult situation. Now I can easily complete my article. Thanks on this web page

M.Fourcall says:
Dec-22-2012 04:40 pm

This one helped me for a thesis which I am writing. Thank you for giving me another point of view on this difficult situation. Now I can easily complete my article. Thanks on this web page

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‘Mad Men’ is back at Banana Republic

BY CSA STAFF

NEW YORK — Banana Republic customers can’t seem to get enough of the ‘Mad Men’ style, so the retailer is bringing back the collection for a third installment beginning March 1, 2013.

Designed by Banana Republic in collaboration with Emmy Award-winning Costume Designer for "Mad Men," Janie Bryant, the collection takes its inspiration from costumes featured in the show, reflecting the mod vibe of the late ’60s. Spring’s collection incorporates fresh bold prints, bright colors and new silhouettes, all demonstrated through the versatile and instantly wearable Banana Republic lens.

"With a new era of fashion inspiration, the design process was exciting for us and allowed for lots of creativity, which is completely visible in the end result," said Simon Kneen, Banana Republic creative director and EVP. "We took Janie’s mod inspiration for the costumes on-screen and translated it in a way that today’s Don or Megan will aspire to wear."

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Sears Holdings expands relationship with Teradata

BY CSA STAFF

HOFFMAN ESTATES, Ill. — Sears Holdings has added the Teradata Active Enterprise Data Warehouse Platform 6690 to its existing Teradata analytic environment.

Sears has also added the new Teradata ADW Private Cloud with Elastic Performance on Demand for on-demand business analytics. By having flexible data-crunching capacity on the Teradata Private Cloud, users can efficiently and economically address surges in business activity, driven by such events as the holiday shopping seasons, launch of marketing campaigns, unexpected high demand, or seasonal demand swings, the ompany said.

"The new Teradata multi-petabyte big data platform will help Sears lead customer based innovation through integrated retail and support our membership program, Shop Your Way Rewards," said Oliver Ratzesberger, VP information analytics and innovation at Sears Holdings. "By combining previously separated databases and data marts onto a single virtualized big data platform we eliminate the need to maintain multiple copies and data feeds, thereby reducing time to market as well as TCO."

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