A good year for retail

There's lots on interesting stuff happening in the retail world these days, with the government announcing that they have no issue with the Bharti and Wal-Mart deal since FDI is already permitted in the cash & carry segment. Tesco is reportedly in talks with the Tatas and Costo is also eyeing the Indian market. Starbucks has tied up with Pantaloon and will be opening a cafe later this year first in Delhi and then Mumbai. Pantaloon will also be forming a JV with Staples for stores in the much needed office supply segment. Here's to a great 2007 for anyone who has anything to do with retail!